Is Jack Miller Family Foundation Legit?

Quick charity verification for Jack Miller Family Foundation (EIN: 201930514)

Verdict: Jack Miller Family Foundation appears trustworthy

70/100Mission Score

$6.9MRevenue

$936KAssets

3Red Flags

3Strengths

Red Flags

Frequent deficit spending, with expenses exceeding revenue in multiple years (e.g., $5,011,581 expenses vs. $2,840,243 revenue in 2023).
Significant fluctuations in asset base, indicating potential instability or aggressive spending/investment strategies.
Substantial liabilities reported in certain years (e.g., $1,750,000 in 2023), which could impact financial health if not well-managed.

Strengths

Consistent reporting of 0% officer compensation, indicating strong fiscal responsibility regarding executive pay.
History of significant grantmaking activity, as evidenced by substantial expenses in most years, aligning with its NTEE code as a grantmaking foundation.
Ability to generate substantial revenue in certain years (e.g., $6,356,724 in 2021), demonstrating capacity for fundraising or investment income.

Spending Breakdown

How Jack Miller Family Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Jack Miller Family Foundation

Is Jack Miller Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Jack Miller Family Foundation (EIN: 201930514) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Jack Miller Family Foundation a good charity to donate to?

Jack Miller Family Foundation has a Mission Score of 70/100. Revenue: $6.9M. Assets: $936K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jack Miller Family Foundation?

The Employer Identification Number (EIN) for Jack Miller Family Foundation is 201930514. 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 Jack Miller Family Foundation spend its money?

Jack Miller Family Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jack Miller Family Foundation's tax-exempt status?

You can verify Jack Miller Family Foundation's tax-exempt status using EIN 201930514 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 Jack Miller Family Foundation exhibits a fluctuating financial profile, with significant variations in revenue and expenses over the past decade. For instance, in 2023, the organization reported revenue of $2,840,243 against expenses of $5,011,581, indicating a deficit spending year. This trend of expenses exceeding revenue is also observed in 2022 ($637,476 revenue vs. $4,626,916 expenses) and several other years, suggesting reliance on prior year assets or other funding sources. While the foundation consistently reports 0% officer compensation, which is a positive indicator for minimizing administrative overhead, the substantial liabilities in certain years, such as $1,750,000 in 2023 and $4,450,000 in 2012, warrant closer examination to understand their nature and impact on long-term financial stability.

The foundation's asset base has also seen considerable swings, from a high of $5,950,313 in 2021 to $936,301 currently. This volatility, coupled with periods of significant deficit spending, suggests a need for careful financial planning and potentially more stable funding streams. The consistent reporting of 0% officer compensation across all available filings is a strong point for transparency regarding executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The NTEE code T20 indicates a focus on grantmaking foundations, implying that most expenses should ideally be directed towards grants and program-related investments.

View Full Transparency Report →

Disclaimer

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