Is Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc Legit?
Quick charity verification for Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc (EIN: 205029757)
Verdict: Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc appears trustworthy
90/100Mission Score
$176KRevenue
$338KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating all funds are directed to mission or overhead.
Consistent and predictable expense levels, suggesting stable operations.
Minimal liabilities (often $1 or $0), demonstrating strong financial management.
Stable asset base, consistently above $330,000 over the past decade.
Spending Breakdown
How Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc
Is Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc (EIN: 205029757) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc a good charity to donate to?
Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc has a Mission Score of 90/100. Revenue: $176K. Assets: $338K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc?
The Employer Identification Number (EIN) for Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc is 205029757. 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 Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc spend its money?
Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc's tax-exempt status?
You can verify Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc's tax-exempt status using EIN 205029757 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 Francis A Madsen Jr And Constance Cmadsen Family Foundation Inc appears to be a private foundation with a consistent operational pattern over the past decade. Its financial health is stable, with assets consistently in the $330,000 - $400,000 range, currently at $337,786. Revenue has fluctuated significantly year-to-year, from $0 in 2012 to $45,583 in 2020, and a recent high of $29,981 in 2023. Expenses have remained remarkably consistent, typically around $20,000-$22,000 annually, indicating predictable grant-making or administrative costs.
The organization demonstrates strong spending efficiency in terms of program focus, as there is no reported officer compensation, suggesting that all expenses are directed towards its mission or necessary overhead. Given its nature as a family foundation, its transparency is likely maintained through its annual 990 filings, which consistently show minimal liabilities (often $1 or $0), indicating sound financial management and no significant debt. The lack of officer compensation also points to a lean operational structure.
Overall, the foundation exhibits a stable financial position with a clear commitment to its stated purpose, as evidenced by consistent expenses and no executive compensation. Its relatively small size and consistent expense profile suggest a focused approach to its philanthropic activities.