Is Frank Lloyd Wrights Martin House Co Rporation Legit?
Quick charity verification for Frank Lloyd Wrights Martin House Co Rporation (EIN: 161426693)
Verdict: Frank Lloyd Wrights Martin House Co Rporation appears trustworthy
85/100Mission Score
$3.3MRevenue
$49.2MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation, which may obscure the full cost of leadership if compensation is handled off-book or through related entities.
Strengths
Strong asset base, with assets consistently around $40-50 million, providing significant financial stability.
Consistent history of IRS 990 filings, indicating good compliance and transparency.
Relatively stable expense management over the past decade, demonstrating fiscal prudence.
Potential for extremely high program spending efficiency if leadership is indeed entirely volunteer-based.
Spending Breakdown
How Frank Lloyd Wrights Martin House Co Rporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Frank Lloyd Wrights Martin House Co Rporation
Is Frank Lloyd Wrights Martin House Co Rporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Frank Lloyd Wrights Martin House Co Rporation (EIN: 161426693) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Frank Lloyd Wrights Martin House Co Rporation a good charity to donate to?
Frank Lloyd Wrights Martin House Co Rporation has a Mission Score of 85/100. Revenue: $3.3M. Assets: $49.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frank Lloyd Wrights Martin House Co Rporation?
The Employer Identification Number (EIN) for Frank Lloyd Wrights Martin House Co Rporation is 161426693. 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 Frank Lloyd Wrights Martin House Co Rporation spend its money?
Frank Lloyd Wrights Martin House Co Rporation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frank Lloyd Wrights Martin House Co Rporation's tax-exempt status?
You can verify Frank Lloyd Wrights Martin House Co Rporation's tax-exempt status using EIN 161426693 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
Frank Lloyd Wrights Martin House Co Rporation demonstrates a generally stable financial position with substantial assets. Over the past decade, the organization has consistently maintained assets significantly higher than its annual expenses, indicating a strong balance sheet. For instance, in 2023, assets were $49,364,389 against expenses of $2,749,768. While revenue has fluctuated, with a notable peak in 2018 at $5,773,990, the organization has managed its expenses relatively consistently, typically staying within the $2-3 million range annually. This suggests prudent financial management in controlling operational costs.
The organization's spending efficiency appears to be strong, particularly given the consistent 'Officer Comp=0%' reported across all available filings. This indicates that no compensation is reported for officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and asset base. This could either mean that executive compensation is covered by another entity, or that the organization operates with an entirely volunteer leadership, which would significantly boost its spending efficiency by directing more funds to its mission. Further investigation would be needed to clarify this point.
Regarding transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. However, the lack of reported officer compensation raises a question about the full picture of leadership costs. If leadership is truly uncompensated, this is a significant strength in terms of efficiency. If compensation is being reported elsewhere or structured in a way that doesn't appear on the 990 in the typical officer compensation section, it could be a point for further clarification to ensure complete transparency regarding how leadership is supported.