Is Clay Mathematics Institute Inc Legit? —…

Quick charity verification for Clay Mathematics Institute Inc (EIN: 134025978)

Spending Breakdown

How Clay Mathematics Institute Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Clay Mathematics Institute Inc

Is Clay Mathematics Institute Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Clay Mathematics Institute Inc (EIN: 134025978) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Clay Mathematics Institute Inc a good charity to donate to?

Clay Mathematics Institute Inc has a Mission Score of 75/100. Revenue: $58.3M. Assets: $49.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Clay Mathematics Institute Inc?

The Employer Identification Number (EIN) for Clay Mathematics Institute Inc is 134025978. 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 Clay Mathematics Institute Inc spend its money?

Clay Mathematics Institute Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Clay Mathematics Institute Inc's tax-exempt status?

You can verify Clay Mathematics Institute Inc's tax-exempt status using EIN 134025978 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

The Clay Mathematics Institute Inc. exhibits a fluctuating financial profile, with recent years showing expenses consistently exceeding revenue. For instance, in 2023, expenses were $2,049,255 against revenue of $705,749, indicating a significant operating deficit. This trend of spending more than it earns has been consistent in recent filings, which could raise questions about long-term sustainability if not supported by substantial endowments or other non-operating income sources. The organization's assets have also seen a decline from a high of $77,641,087 in 2012 to $39,560,723 in 2023, suggesting a draw-down on reserves or investment losses.

Despite these operational deficits, the organization reports 0% officer compensation across all provided filings, which is a strong indicator of financial efficiency in terms of executive pay and potentially a high degree of volunteer leadership or very modest compensation for key personnel. This commitment to minimizing administrative overhead, particularly at the executive level, is a positive sign for donor confidence regarding how funds are allocated. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.

The transparency of the organization is generally good, with consistent filing of IRS Form 990s. The consistent reporting of 0% officer compensation is a clear and positive data point. However, the lack of detailed expense breakdowns in the provided data limits the ability to fully assess program efficiency. Further analysis of the full 990 forms would be necessary to determine the exact allocation of expenses to programs, administration, and fundraising, which is crucial for a comprehensive understanding of their financial health and impact.

Is Clay Mathematics Institute Inc Legit?

Verdict: Clay Mathematics Institute Inc appears trustworthy

Red Flags

Strengths