Is Adventures For The Mind Foundation Inc…

Quick charity verification for Adventures For The Mind Foundation Inc (EIN: 113770328)

Spending Breakdown

How Adventures For The Mind Foundation Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Adventures For The Mind Foundation Inc

Is Adventures For The Mind Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Adventures For The Mind Foundation Inc (EIN: 113770328) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.

Is Adventures For The Mind Foundation Inc a good charity to donate to?

Adventures For The Mind Foundation Inc has a Mission Score of 60/100. Revenue: $123K. Assets: $20K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Adventures For The Mind Foundation Inc?

The Employer Identification Number (EIN) for Adventures For The Mind Foundation Inc is 113770328. 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 Adventures For The Mind Foundation Inc spend its money?

Adventures For The Mind Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Adventures For The Mind Foundation Inc's tax-exempt status?

You can verify Adventures For The Mind Foundation Inc's tax-exempt status using EIN 113770328 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

Adventures For The Mind Foundation Inc exhibits a pattern of operating deficits, with expenses consistently exceeding revenue in most recent years. For example, in 2023, expenses were $112,502 against revenues of $87,792, and in 2022, expenses were $204,699 against revenues of $193,384. This trend has led to a significant decline in assets, from a high of $244,555 in 2014 to $24,195 in 2023. While the organization reports no officer compensation, which is a positive for resource allocation, the consistent spending beyond its means raises concerns about long-term financial sustainability. The organization's transparency is good, with 14 filings available, indicating regular reporting. However, the financial health, as evidenced by declining assets and recurring deficits, suggests a need for strategic financial planning to ensure its continued operation.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent operational losses imply that the current revenue generation is insufficient to cover its activities. The absence of liabilities in the most recent filings (2021-2023) is a positive indicator, suggesting they are not accumulating debt. The overall financial picture points to an organization that is struggling to maintain its asset base and achieve financial equilibrium, despite a clear commitment to not paying officer compensation.

Is Adventures For The Mind Foundation Inc Legit?

Verdict: Adventures For The Mind Foundation Inc shows mixed signals

Red Flags

Strengths