Is Greater Meredith Program Inc Legit? —…

Strengths

Consistent 0% officer compensation, indicating strong volunteer leadership and efficient use of funds.
Zero reported liabilities in recent years (2019-2023), demonstrating excellent financial management and low financial risk.
Stable asset base over the past decade, suggesting resilience despite fluctuating annual operating results.
Consistent revenue generation, typically above $100,000 annually, indicating ongoing community support.

Spending Breakdown

How Greater Meredith Program Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Greater Meredith Program Inc

Is Greater Meredith Program Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Greater Meredith Program Inc (EIN: 20494463) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Greater Meredith Program Inc a good charity to donate to?

Greater Meredith Program Inc has a Mission Score of 85/100. Revenue: $140K. Assets: $114K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Greater Meredith Program Inc?

The Employer Identification Number (EIN) for Greater Meredith Program Inc is 20494463. 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 Greater Meredith Program Inc spend its money?

Greater Meredith Program Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Greater Meredith Program Inc's tax-exempt status?

You can verify Greater Meredith Program Inc's tax-exempt status using EIN 20494463 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 Greater Meredith Program Inc. demonstrates consistent financial activity, with annual revenues generally fluctuating between $100,000 and $170,000 over the past decade. The organization's assets have remained stable, typically ranging from $66,000 to $137,000, indicating a modest but consistent financial base. A notable strength is the complete absence of reported liabilities in recent years (2019-2023), suggesting sound financial management and a low-risk profile. The organization also consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds for its mission.

Spending efficiency appears to be a mixed picture. While the organization has periods of surplus (e.g., 2020 with $126,994 revenue against $72,259 expenses, and 2021 with $114,788 revenue against $98,196 expenses), it also experiences deficits in other years (e.g., 2023 with $156,368 revenue against $165,714 expenses, and 2022 with $133,018 revenue against $138,177 expenses). This fluctuation suggests that expenses sometimes exceed revenue, which could lead to drawing down reserves if not managed carefully. However, the overall asset stability indicates that these deficits are likely managed within their existing financial capacity. The consistent reporting of 0% officer compensation enhances transparency and suggests a strong commitment to directing funds towards programs rather than administrative overhead.

Overall, the Greater Meredith Program Inc. appears to be a financially stable, community-focused organization with a strong commitment to volunteer leadership. Its consistent asset base and lack of liabilities are positive indicators. While annual expenses sometimes exceed revenues, the long-term financial health appears sound, supported by its consistent revenue streams and prudent management of liabilities. The transparency regarding executive compensation is excellent.

Is Greater Meredith Program Inc Legit?

Verdict: Greater Meredith Program Inc appears trustworthy

Red Flags