Is General William Mayer Foundation Inc Legit?

Quick charity verification for General William Mayer Foundation Inc (EIN: 132625602)

Verdict: General William Mayer Foundation Inc appears trustworthy

85/100Mission Score
$809KRevenue
$1.9MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How General William Mayer 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
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 General William Mayer Foundation Inc

Is General William Mayer Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, General William Mayer Foundation Inc (EIN: 132625602) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is General William Mayer Foundation Inc a good charity to donate to?

General William Mayer Foundation Inc has a Mission Score of 85/100. Revenue: $809K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for General William Mayer Foundation Inc?

The Employer Identification Number (EIN) for General William Mayer Foundation Inc is 132625602. 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 General William Mayer Foundation Inc spend its money?

General William Mayer Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify General William Mayer Foundation Inc's tax-exempt status?

You can verify General William Mayer Foundation Inc's tax-exempt status using EIN 132625602 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 General William Mayer Foundation Inc. demonstrates consistent financial stability with assets consistently above $1.6 million, reaching $1,912,370 in 2023. The organization's revenue has fluctuated, with a notable increase to $240,222 in 2022 before a dip to $106,580 in 2023. Despite this, expenses have generally remained within a manageable range, though 2023 saw expenses ($165,866) exceed revenue, leading to a slight decrease in assets. The foundation's liabilities have consistently been reported as $1, indicating a very strong balance sheet with minimal debt. Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings, suggesting that administrative costs related to executive salaries are non-existent. This allows a greater proportion of funds to be directed towards the foundation's mission. However, without a detailed breakdown of expenses (program, administrative, fundraising) within the provided data, a precise assessment of spending efficiency beyond executive compensation is challenging. Transparency is high regarding executive compensation, as it is consistently reported as zero. The consistent filing of IRS Form 990s over a decade also indicates a commitment to public disclosure. However, the lack of an NTEE code makes it difficult to benchmark its financial performance against similar organizations, and the absence of detailed expense categories in the provided data limits a deeper analysis of how funds are allocated.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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