Is Fred And Margaret Carl Foundation Legit?…

Quick charity verification for Fred And Margaret Carl Foundation (EIN: 201938809)

Spending Breakdown

How Fred And Margaret Carl Foundation 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 Fred And Margaret Carl Foundation

Is Fred And Margaret Carl Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Fred And Margaret Carl Foundation (EIN: 201938809) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.

Is Fred And Margaret Carl Foundation a good charity to donate to?

Fred And Margaret Carl Foundation has a Mission Score of 65/100. Revenue: $121K. Assets: $2K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fred And Margaret Carl Foundation?

The Employer Identification Number (EIN) for Fred And Margaret Carl Foundation is 201938809. 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 Fred And Margaret Carl Foundation spend its money?

Fred And Margaret Carl Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fred And Margaret Carl Foundation's tax-exempt status?

You can verify Fred And Margaret Carl Foundation's tax-exempt status using EIN 201938809 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 Fred And Margaret Carl Foundation exhibits inconsistent financial activity over its filing history. While the organization reported $120,660 in latest revenue, its historical revenue figures show significant volatility, including a negative revenue of $-1,749,919 in 2020 and a high of $1,244,425 in 2014. This fluctuation makes it challenging to assess a stable financial health trend. The organization consistently reports minimal liabilities ($1), which is a positive indicator of financial stability in that regard.

Spending efficiency is difficult to ascertain without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the organization consistently reports 0% officer compensation, suggesting that executive costs are not a drain on resources. The foundation's assets have also varied significantly, from $2,308,923 in 2014 to a low of $1,997 currently, indicating potential asset utilization or investment strategy changes.

Transparency regarding specific program activities and detailed expense categories is limited by the provided data. The absence of officer compensation is a positive transparency signal regarding executive pay. However, the wide swings in revenue and assets, coupled with the lack of detailed expense breakdowns, suggest that a deeper dive into their full IRS 990 forms would be necessary for a comprehensive understanding of their operational efficiency and financial management practices.

Is Fred And Margaret Carl Foundation Legit?

Verdict: Fred And Margaret Carl Foundation shows mixed signals

Red Flags

Strengths