Quick charity verification for Zafirovski Family Foundation (EIN: 203610677)
Verdict: Zafirovski Family Foundation appears trustworthy
85/100Mission Score
$2.6MRevenue
$4.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent spending exceeding annual revenue, leading to asset drawdown, though this can be a deliberate strategy for private foundations.
Strengths
Consistent 0% officer compensation reported across all filings, indicating efficient use of funds.
Minimal liabilities ($0 or $1) across all periods, suggesting strong financial management.
Substantial asset base ($3,965,521 latest) provides long-term stability for grantmaking.
Consistent IRS 990 filing history demonstrates transparency.
Spending Breakdown
How Zafirovski Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
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 Zafirovski Family Foundation
Is Zafirovski Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Zafirovski Family Foundation (EIN: 203610677) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Zafirovski Family Foundation a good charity to donate to?
Zafirovski Family Foundation has a Mission Score of 85/100. Revenue: $2.6M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Zafirovski Family Foundation?
The Employer Identification Number (EIN) for Zafirovski Family Foundation is 203610677. 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 Zafirovski Family Foundation spend its money?
Zafirovski Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Zafirovski Family Foundation's tax-exempt status?
You can verify Zafirovski Family Foundation's tax-exempt status using EIN 203610677 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 Zafirovski Family Foundation appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T20 (Private Grantmaking Foundations). Over the past five years (2019-2023), the foundation has consistently spent more than its annual revenue, drawing down its assets from $4,468,811 in 2019 to $3,877,051 in 2023. For example, in 2023, expenses were $228,039 against revenue of $227,570, and in 2022, expenses were $430,503 against revenue of $290,080. This trend suggests a strategy of distributing funds from its endowment rather than solely relying on annual contributions.
The foundation demonstrates strong financial transparency by consistently filing its IRS Form 990s. A notable aspect is the reported 0% officer compensation across all available filings, which indicates that the foundation's leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, or that it is a family foundation with volunteer leadership. The consistent low liabilities ($1 or $0) also points to sound financial management and minimal debt. While the specific breakdown of program vs. administrative spending isn't detailed in the provided summary, the overall financial health, characterized by substantial assets ($3,965,521 latest) relative to annual expenses, suggests a stable organization capable of fulfilling its grantmaking mission.