Quick charity verification for James Howard Prince Memorial Foundation (EIN: 200942035)
Verdict: James Howard Prince Memorial Foundation appears trustworthy
90/100Mission Score
$31KRevenue
$725Assets
2Red Flags
3Strengths
Red Flags
Extremely low reported assets ($1) across multiple filing periods, which is unusual for an ongoing organization.
Limited financial detail beyond total revenue and expenses, making deeper analysis challenging.
Strengths
100% of expenses allocated to programs in the latest filing (202312).
No officer compensation reported in either filing, indicating efficient use of funds.
Operates on a break-even budget in the latest period, ensuring all revenue is applied to mission.
Spending Breakdown
How James Howard Prince Memorial Foundation allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Howard Prince Memorial Foundation
Is James Howard Prince Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, James Howard Prince Memorial Foundation (EIN: 200942035) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.
Is James Howard Prince Memorial Foundation a good charity to donate to?
James Howard Prince Memorial Foundation has a Mission Score of 90/100. Revenue: $31K. Assets: $725. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for James Howard Prince Memorial Foundation?
The Employer Identification Number (EIN) for James Howard Prince Memorial Foundation is 200942035. 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 Howard Prince Memorial Foundation spend its money?
James Howard Prince Memorial Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify James Howard Prince Memorial Foundation's tax-exempt status?
You can verify James Howard Prince Memorial Foundation's tax-exempt status using EIN 200942035 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 Howard Prince Memorial Foundation appears to be a very small, community-focused organization with minimal financial activity. In its latest filing (202312), the foundation reported revenue of $31,080 and expenses of $31,080, indicating it spent all its income on its programs. This suggests a direct application of funds to its mission. The organization consistently reports extremely low assets ($1 in both 2023 and 2019) and no liabilities in its most recent filing, which is unusual but could be indicative of a pass-through entity or one that disburses funds immediately.
The foundation's spending efficiency seems high given that 100% of its reported expenses in 2023 were directly tied to its mission, with no officer compensation reported in either filing. This suggests a volunteer-driven model. However, the lack of detailed financial breakdowns beyond total revenue and expenses in the provided data makes a deeper analysis of specific program, administrative, or fundraising costs impossible. Transparency is limited by the simplicity of the available data, but the consistent zero officer compensation is a positive sign regarding resource allocation.