Is Frank Mchugh Odonovan Foundation Inc…

Quick charity verification for Frank Mchugh Odonovan Foundation Inc (EIN: 200842449)

Spending Breakdown

How Frank Mchugh Odonovan 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

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 Mchugh Odonovan Foundation Inc

Is Frank Mchugh Odonovan Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Frank Mchugh Odonovan Foundation Inc (EIN: 200842449) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Frank Mchugh Odonovan Foundation Inc a good charity to donate to?

Frank Mchugh Odonovan Foundation Inc has a Mission Score of 70/100. Revenue: $9.6M. Assets: $59.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Frank Mchugh Odonovan Foundation Inc?

The Employer Identification Number (EIN) for Frank Mchugh Odonovan Foundation Inc is 200842449. 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 Mchugh Odonovan Foundation Inc spend its money?

Frank Mchugh Odonovan Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Frank Mchugh Odonovan Foundation Inc's tax-exempt status?

You can verify Frank Mchugh Odonovan Foundation Inc's tax-exempt status using EIN 200842449 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 Frank Mchugh Odonovan Foundation Inc exhibits a fluctuating financial performance over the past several years. In 2023, the organization reported revenues of $5,399,944 against expenses of $10,058,989, indicating a significant deficit. This trend of expenses exceeding revenue is also observed in 2022 ($3,382,493 revenue vs. $6,681,171 expenses) and 2020 ($1,796,224 revenue vs. $6,111,754 expenses). While the organization holds substantial assets, totaling $58,554,535 in 2023, the consistent operational deficits raise questions about long-term sustainability if not supported by investment income or prior reserves. The liabilities have also seen a notable increase, reaching $68,385 in 2023, up from $10 in earlier years, though still relatively low compared to assets.

The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to minimizing administrative overhead related to executive pay, which is a positive indicator for donor confidence. The significant swings in revenue, such as the peak of $17,538,425 in 2018 followed by lower figures, suggest reliance on potentially volatile funding sources or large, infrequent contributions. Transparency regarding the allocation of expenses would further clarify its operational efficiency.

Overall, the foundation appears to be well-endowed with assets, but its recent operational deficits warrant closer examination. The lack of officer compensation is a strong point for transparency and efficiency. However, a more detailed breakdown of expenses would be beneficial for a complete assessment of its financial health and spending efficiency. The organization's ability to cover its expenses with its revenue has been inconsistent, with several years showing expenses significantly outpacing income.

Is Frank Mchugh Odonovan Foundation Inc Legit?

Verdict: Frank Mchugh Odonovan Foundation Inc appears trustworthy

Red Flags

Strengths