Maintained stable assets (around $55k-$59k) in prior active years.
Consistently reported $0 liabilities, indicating good debt management.
Spending Breakdown
How Company I Memorial Foundation 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
5%
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 Company I Memorial Foundation Inc
Is Company I Memorial Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Company I Memorial Foundation Inc (EIN: 205227257) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Company I Memorial Foundation Inc a good charity to donate to?
Company I Memorial Foundation Inc has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Company I Memorial Foundation Inc?
The Employer Identification Number (EIN) for Company I Memorial Foundation Inc is 205227257. 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 Company I Memorial Foundation Inc spend its money?
Company I Memorial Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Company I Memorial Foundation Inc's tax-exempt status?
You can verify Company I Memorial Foundation Inc's tax-exempt status using EIN 205227257 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
Company I Memorial Foundation Inc appears to be a very small organization with minimal financial activity. The latest filing shows $0 in revenue and assets, which could indicate inactivity or a very recent cessation of operations. In prior years, revenue was consistently low, ranging from $2,520 to $4,673. Expenses were also modest, generally around $2,500, though they spiked to $6,650 in 2013. The organization consistently reported zero liabilities and no officer compensation, suggesting a volunteer-run structure and good financial stewardship in terms of debt management. However, the lack of recent financial data makes a current assessment challenging.
Given the small scale, spending efficiency is difficult to fully ascertain without more detailed expense breakdowns. The organization's assets have remained relatively stable over the years, hovering around $55,000-$59,000, which is positive for a small entity. Transparency is adequate based on the available 990 filings, showing consistent reporting, but the absence of recent activity raises questions about its current operational status. The NTEE code being 'Unknown' also limits understanding of its specific programmatic focus.