Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 Legit?
Quick charity verification for Angelo V & Doris C Volpe Memorial Charitable Trust 009064 (EIN: 223124319)
Verdict: Angelo V & Doris C Volpe Memorial Charitable Trust 009064 appears trustworthy
97/100Mission Score
$97KRevenue
$455KAssets
1Red Flags
1Strengths
Red Flags
The fundraising expenses are consistently high, which may indicate a need for more efficient fundraising strategies.
Strengths
The organization maintains a high percentage of funds directly allocated to programs, ensuring that the majority of donations are used for their intended purpose.
Spending Breakdown
How Angelo V & Doris C Volpe Memorial Charitable Trust 009064 allocates its funds across programs, administration, and fundraising.
65%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
20%
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 Angelo V & Doris C Volpe Memorial Charitable Trust 009064
Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 a legitimate charity?
Based on AI analysis of IRS 990 filings, Angelo V & Doris C Volpe Memorial Charitable Trust 009064 (EIN: 223124319) appears trustworthy. Mission Score: 97/100. 1 red flag identified, 1 strength noted.
Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 a good charity to donate to?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 has a Mission Score of 97/100. Revenue: $97K. Assets: $455K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Angelo V & Doris C Volpe Memorial Charitable Trust 009064?
The Employer Identification Number (EIN) for Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is 223124319. 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 Angelo V & Doris C Volpe Memorial Charitable Trust 009064 spend its money?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 allocates 65% to programs, 15% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Angelo V & Doris C Volpe Memorial Charitable Trust 009064's tax-exempt status?
You can verify Angelo V & Doris C Volpe Memorial Charitable Trust 009064's tax-exempt status using EIN 223124319 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
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is a unknown nonprofit based in Concord, New Hampshire, with reported revenue of $97K and assets of $455K. Our AI analysis assigns a Mission Score of 97/100 (Excellent). Approximately 65% of spending goes to programs, 15% to administration, and 20% to fundraising. 1. Detailed program expenses are listed for each year, showing a consistent focus on direct program support. 2. Administrative costs remain low, with a steady percentage of the budget allocated to administration. 3. Fundraising efforts are transparent, with clear breakdowns of expenses. Executive compensation remains at a minimal level, with no changes over the past years. Revenue has grown +51% across 10 filing periods.