Is William & Elaine Kaplan Family Charitable Foundation Legit?
Quick charity verification for William & Elaine Kaplan Family Charitable Foundation (EIN: 222470361)
Verdict: William & Elaine Kaplan Family Charitable Foundation shows mixed signals
65/100Mission Score
$12.5MRevenue
$50.0MAssets
3Red Flags
3Strengths
Red Flags
Lack of public website or detailed program information beyond basic IRS filings.
Limited transparency regarding specific grant recipients and impact metrics.
Significant fluctuations in reported revenue, from $1,073,185 in 2023 to $14,271,084 in 2021, without clear public explanation.
Strengths
Consistent asset growth over several years, from $13,314,887 in 2014 to $52,064,945 in 2023.
Low reported expenses relative to assets, suggesting efficient operations.
Likely volunteer or minimally compensated leadership, indicating a focus on mission over administrative overhead.
Spending Breakdown
How William & Elaine Kaplan Family Charitable Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 William & Elaine Kaplan Family Charitable Foundation
Is William & Elaine Kaplan Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, William & Elaine Kaplan Family Charitable Foundation (EIN: 222470361) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is William & Elaine Kaplan Family Charitable Foundation a good charity to donate to?
William & Elaine Kaplan Family Charitable Foundation has a Mission Score of 65/100. Revenue: $12.5M. Assets: $50.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for William & Elaine Kaplan Family Charitable Foundation?
The Employer Identification Number (EIN) for William & Elaine Kaplan Family Charitable Foundation is 222470361. 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 William & Elaine Kaplan Family Charitable Foundation spend its money?
William & Elaine Kaplan Family Charitable Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify William & Elaine Kaplan Family Charitable Foundation's tax-exempt status?
You can verify William & Elaine Kaplan Family Charitable Foundation's tax-exempt status using EIN 222470361 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
William & Elaine Kaplan Family Charitable Foundation is a unknown nonprofit based in Newburgh, New York, with reported revenue of $12.5M and assets of $50.0M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. • The foundation's website is not readily available, limiting public access to detailed program information and financial specifics beyond IRS filings.
• No clear public transparency report or annual impact statement was found, making it difficult to assess specific grant outcomes. Executive compensation is not reported in the available filings, indicating that the foundation likely operates with unpaid or volunteer leadership, or compensation falls below reporting thresholds. Revenue has remained stable +4% across 12 filing periods.