The Libra Foundation
Nonprofit profile at a glance
- EIN
- 300031117
- IRS 990-PF coverage
- 2014–2014
- Forms available
- Form 990-PF 2014
- Location
- San Francisco, CA, USA
- Phone
- 4155494970
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Independent Foundations
Reported finances
- Revenue
- $32,207,228
- Expenses
- $7,833,550
Source: IRS Form 990-PF. Selected filing: tax year 2014. Amounts in USD.
Overview
Mission
Private Independent Foundations
What it reported funding in 2014
The foundation reported 93 grants totaling $6,254,994. The stated grant purpose was general purpose.
Operating model
- Revenue model
- Donor-supported. 86% of the foundation's positive operating resources came from contributions.
- Distribution model
- Grant intermediary. The foundation distributed 93% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
The verdict
SUPPORTED - The filing identifies who received its grants and the filed numbers largely add up. The filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 79
- Transparency: 100
- Compliance: 94
- Endowment Health: 80
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 79.2%; rating input score 79; 46th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Fail
- Goods, services, or facilities involving a disqualified person: Fail
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 9; rating input score 100
Endowment Health
- Endowment-health comparison: 32.7; rating input score 80; 80th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 80th percentile for endowment coverage
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Money network: 96 filed money-flow records
- 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.
- Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.