The Molly Steinsapir Foundation

Nonprofit profile at a glance

EIN
871410837
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Pacific Palisades, CA, USA
Phone
3104876384
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$81,661
Expenses
$49,167
Assets
$40,756
Liabilities
$6,403

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

Leadership & pay

3 people listed

Executive titles in this filing

  • KAYE STEINSAPIR (PRESIDENT)

People named in this filing

  • KAYE STEINSAPIR (PRESIDENT)
  • JONATHAN STEINSAPIR (EXECUTIVE DI)
  • ELIZA STEINMEIER (SECRETARY)

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 molly steinsapir foundation honors the life and legacy of molly steinsapir, who passed away at the age of 12, on february 15, 2021. The foundations purpose is to advance charitable causes that molly cared deeply about.

What it reported doing in 2024

The foundation collected donations of clothing, shoes and other necessities, as well as, purchased such items using funds from our donors, on behalf of united in harmony, a 501(c)3 that sends children from low income parts of la to sleepaway camp. We filled a warehouse full of items at united in harmony's facility. We also sponsored women to volunteer in israel with the jewish national fund.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.8%; rating input score 49
  • Program expense ratio: 80.5%; rating input score 81

Transparency & Controls

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

Sustainability

  • Operating margin: 39.8%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -9.2% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 38.5% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 48.8% of revenue deployed · 80.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.