Is The@Michael And Jeanne Falzone Charitable Foundation Legit?
Quick charity verification for The@Michael And Jeanne Falzone Charitable Foundation (EIN: 207382184)
Verdict: The@Michael And Jeanne Falzone Charitable Foundation has notable concerns
20/100Mission Score
$50KRevenue
$40KAssets
3Red Flags
2Strengths
Red Flags
Extremely low program spending in recent years (e.g., $0 expenses for multiple years, $150 in 2023).
Minimal financial activity, with revenue often reported as $1 or $2.
Lack of clear impact given the minimal expenses reported.
Strengths
No officer compensation, indicating volunteer leadership.
Consistently low liabilities ($1), suggesting sound financial management of its small asset base.
Spending Breakdown
How The@Michael And Jeanne Falzone Charitable Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The@Michael And Jeanne Falzone Charitable Foundation
Is The@Michael And Jeanne Falzone Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The@Michael And Jeanne Falzone Charitable Foundation (EIN: 207382184) has notable concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
Is The@Michael And Jeanne Falzone Charitable Foundation a good charity to donate to?
The@Michael And Jeanne Falzone Charitable Foundation has a Mission Score of 20/100. Revenue: $50K. Assets: $40K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The@Michael And Jeanne Falzone Charitable Foundation?
The Employer Identification Number (EIN) for The@Michael And Jeanne Falzone Charitable Foundation is 207382184. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The@Michael And Jeanne Falzone Charitable Foundation spend its money?
The@Michael And Jeanne Falzone Charitable Foundation allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The@Michael And Jeanne Falzone Charitable Foundation's tax-exempt status?
You can verify The@Michael And Jeanne Falzone Charitable Foundation's tax-exempt status using EIN 207382184 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Michael And Jeanne Falzone Charitable Foundation appears to be a very small private foundation, as indicated by its NTEE code T22. Its financial activity over the past decade shows extremely low revenue and expenses in most recent years, with several years reporting only $1 or $2 in revenue and $0 in expenses. For example, in 2023, revenue was $2 and expenses were $150, while in 2022, revenue was $1 and expenses were $0. The organization's assets have remained relatively stable but low, around $10,000 in recent years, with a current asset base of $39,828. The foundation consistently reports minimal liabilities ($1) and no officer compensation, suggesting a volunteer-run structure with very limited operational costs. The lack of significant program expenses in most recent filings raises questions about its current charitable activities, despite its classification as a private foundation.