Quick charity verification for Zhu Family Foundation Inc (EIN: 203753379)
Verdict: Zhu Family Foundation Inc shows mixed signals
65/100Mission Score
$1.1MRevenue
$1.1MAssets
3Red Flags
3Strengths
Red Flags
Significant negative revenue reported in 2022 ($-269,929), which is unusual and requires clarification.
Consistent decline in total assets over the past decade, from $1,529,183 in 2014 to $870,265 in 2023, without clear explanation.
Expenses frequently exceed revenue, as seen in 2023 ($419,054 expenses vs. $351,741 revenue) and 2022 ($222,953 expenses vs. $-269,929 revenue), indicating potential reliance on asset drawdowns or inconsistent funding.
Strengths
Consistently reports 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
Maintains extremely low liabilities ($1 across all filings), suggesting strong financial solvency and minimal debt burden.
Long filing history (10 filings) indicates consistent compliance with IRS reporting requirements.
Spending Breakdown
How Zhu Family Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Zhu Family Foundation Inc
Is Zhu Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Zhu Family Foundation Inc (EIN: 203753379) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Zhu Family Foundation Inc a good charity to donate to?
Zhu Family Foundation Inc has a Mission Score of 65/100. Revenue: $1.1M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Zhu Family Foundation Inc?
The Employer Identification Number (EIN) for Zhu Family Foundation Inc is 203753379. 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 Zhu Family Foundation Inc spend its money?
Zhu Family Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Zhu Family Foundation Inc's tax-exempt status?
You can verify Zhu Family Foundation Inc's tax-exempt status using EIN 203753379 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 Zhu Family Foundation Inc. exhibits a mixed financial picture. While the organization consistently reports minimal liabilities ($1 across all filings), indicating strong financial stability in terms of debt, its revenue and expense patterns are highly variable. For instance, in 2022, it reported negative revenue of $-269,929, which is unusual and warrants further investigation into its income sources and accounting practices. Program spending efficiency is difficult to assess without detailed expense breakdowns, as the provided data only shows total expenses. However, the consistent reporting of 0% officer compensation across all periods suggests a commitment to minimizing administrative overhead related to executive pay, which is a positive indicator for donor confidence. The foundation's assets have fluctuated, decreasing from a high of $1,529,183 in 2014 to $870,265 in 2023, which could be a concern if not aligned with its programmatic goals or investment strategies. The lack of detailed expense categorization (program, admin, fundraising) in the provided data limits a comprehensive assessment of spending efficiency and transparency beyond executive compensation.