Bill & Bonny Levine Foundation
Nonprofit profile at a glance
- EIN
- 954199489
- IRS 990 coverage
- 2014–2016
- Forms available
- Form 990 2016
- Location
- Los Angeles, CA, USA
- Phone
- 3237618700
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Independent Foundations
- Affiliation
- Judaism
Reported finances
- Revenue
- $158,306
- Expenses
- $124,660
- Assets
- $1,936,807
- Liabilities
- $10,672
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ROBERT LEVINE (DIRECTOR/PRESIDENT)
- GERI LEVINE LOE (DIRECTOR/VICE PRESIDENT)
- DAVID CARROLL (VICE PRESIDENT)
Highest reported compensation
- MARVIN SCHOTLAND (DIRECTOR/SECRETARY): $534,094 total reported compensation
- DAVID CARROLL (VICE PRESIDENT): $220,523 total reported compensation
- SUSAN MATTISINKO (ASSISTANT SECRETARY): $190,153 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation's giving is directed to the jewish community and the community at large to benefit programs and institutions which have an emphasis on health and social services.
What it reported doing in 2016
Charitable giving
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 53
- Accountability: 75
- Sustainability: 73
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Pass
- May require repayment: Fail
- Grant itemization coverage: 77.8%; rating input score 78; 44th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 19th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21.3%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 15.54; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 146.6%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -2.5% per year; rating input score 0; 32nd percentile among comparable filings
- Revenue growth: -8.4% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -2.5% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82% of spending went to programs
- Governance: 4 of 5 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $102K in reported program spending
- Leadership: top reported pay $534K · 8 people listed · 0 of 6 pay-setting controls reported
- Consistency: 19 of 22 current checks pass · 3 findings to review
- Schedules: 7 filed schedules · includes foreign activity, grants, and executive pay
- Filing history: 3 filing years from 2014 to 2016
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 44 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.