Quick charity verification for James A Myers Charitable Memorial Tr (EIN: 206121896)
Verdict: James A Myers Charitable Memorial Tr appears trustworthy
75/100Mission Score
$759KRevenue
$986KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue) in recent years, drawing down assets.
Unknown NTEE code, making it difficult to assess programmatic focus and benchmark performance.
Declining asset base from $778,998 in 202012 to $695,461 in 202312 due to spending exceeding revenue.
Strengths
Zero officer compensation, indicating highly efficient use of funds for administrative overhead.
Consistent asset base, suggesting a stable endowment or trust structure.
Low liabilities ($1 across all filings), indicating strong financial management regarding debt.
Spending Breakdown
How James A Myers Charitable Memorial Tr 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 James A Myers Charitable Memorial Tr
Is James A Myers Charitable Memorial Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, James A Myers Charitable Memorial Tr (EIN: 206121896) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is James A Myers Charitable Memorial Tr a good charity to donate to?
James A Myers Charitable Memorial Tr has a Mission Score of 75/100. Revenue: $759K. Assets: $986K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for James A Myers Charitable Memorial Tr?
The Employer Identification Number (EIN) for James A Myers Charitable Memorial Tr is 206121896. 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 James A Myers Charitable Memorial Tr spend its money?
James A Myers Charitable Memorial Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify James A Myers Charitable Memorial Tr's tax-exempt status?
You can verify James A Myers Charitable Memorial Tr's tax-exempt status using EIN 206121896 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 James A Myers Charitable Memorial Tr appears to be a small, private foundation primarily focused on grantmaking, as indicated by its consistent asset base and relatively low expenses compared to its assets. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds for its stated purpose. However, the NTEE code is unknown, which limits the ability to benchmark its performance against similar organizations. The organization's revenue has fluctuated, with a notable decrease in the latest period (202312) to $28,127 from a high of $58,859 in 202112, while expenses have generally remained in the $60,000-$70,000 range in recent years, leading to a deficit in the last three reported periods. This suggests the organization is spending more than its incoming revenue, drawing down on its assets, which decreased from $778,998 in 202012 to $695,461 in 202312. This trend, if continued, could impact its long-term sustainability.