Is Elizabeth B Mcgraw Foundation Inc Legit?…

Quick charity verification for Elizabeth B Mcgraw Foundation Inc (EIN: 133591829)

Spending Breakdown

How Elizabeth B Mcgraw Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Elizabeth B Mcgraw Foundation Inc

Is Elizabeth B Mcgraw Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Elizabeth B Mcgraw Foundation Inc (EIN: 133591829) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Elizabeth B Mcgraw Foundation Inc a good charity to donate to?

Elizabeth B Mcgraw Foundation Inc has a Mission Score of 90/100. Revenue: $7.4M. Assets: $24.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Elizabeth B Mcgraw Foundation Inc?

The Employer Identification Number (EIN) for Elizabeth B Mcgraw Foundation Inc is 133591829. 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 Elizabeth B Mcgraw Foundation Inc spend its money?

Elizabeth B Mcgraw Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Elizabeth B Mcgraw Foundation Inc's tax-exempt status?

You can verify Elizabeth B Mcgraw Foundation Inc's tax-exempt status using EIN 133591829 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 Elizabeth B Mcgraw Foundation Inc demonstrates strong financial health with substantial assets and a consistent history of revenue generation. In its latest filing (Period 202312), the organization reported $4,045,794 in revenue against $3,026,572 in expenses, indicating a healthy surplus. Its assets have grown significantly over the years, reaching $24,851,553 in 2023, up from $14,165,140 in 2012, showcasing robust financial management and growth. The foundation consistently reports minimal liabilities, often just $1, which is a strong indicator of financial stability and low debt burden.

Regarding spending efficiency, the foundation appears to be highly program-focused, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of its expenses are directed towards its charitable programs rather than administrative overhead or executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive sign for efficiency.

The transparency of the Elizabeth B Mcgraw Foundation Inc is commendable, particularly given its consistent filing of IRS Form 990s over more than a decade. The consistent reporting of 0% officer compensation across all filings is a significant transparency indicator, suggesting that the organization operates with a volunteer or very low-paid leadership structure, or that compensation is covered by other means not reported as officer compensation. The minimal liabilities also contribute to a clear financial picture.

Is Elizabeth B Mcgraw Foundation Inc Legit?

Verdict: Elizabeth B Mcgraw Foundation Inc appears trustworthy

Red Flags

Strengths