Red Auerbach Youth Foundation Inc C/o Stewart Grossman

Nonprofit profile at a glance

EIN
043254418
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Palm Springs, CA, USA
Phone
6175292782
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$60,020
Expenses
$62,128
Assets
$140,409
Liabilities
$42

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • STEWART F GROSSMAN (PRESIDENT/CLERK/DIRECTOR)
  • JOSHUA GROSSMAN (TREASURER/VICE PRESIDENT)

People named in this filing

  • RANDY AUERBACH (DIRECTOR)
  • JULIE AUERBACH FLIEGER (DIRECTOR)
  • NANCY AUERBACH COLLINS (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the red auerbach youth foundation ("the foundation") is to provide grants to local youth organizations to allow deserving youths to attend summer camps or participate in other athletic activities. The foundation is committed to working with other non-profit organizations in the area with similar missions and purposes. Organizations seeking funding from the foundation are required to submit their requests in writing for review by the foundation's board. All organizations must provide documentation supporting their charitable status in order to be considered.

What it reported doing in 2024

The red auerbach youth foundation provides grants to arts programs, which seeks recreational activities for children and young adults with different abilities and special needs and promoting the arts.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.2%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.5%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 2.26; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0.6% per year; rating input score 0; 46th percentile among comparable filings
  • Revenue growth: -8.7% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -8% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $55K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.