Is James P & Genevieve M Mclaughlin Family Foundation Legit?

Quick charity verification for James P & Genevieve M Mclaughlin Family Foundation (EIN: 133335298)

Verdict: James P & Genevieve M Mclaughlin Family Foundation appears trustworthy

90/100Mission Score
$1.1MRevenue
$2.5MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

Spending Breakdown

How James P & Genevieve M Mclaughlin Family Foundation allocates its funds across programs, administration, and fundraising.

95%
Program Spending
Healthy — majority goes to mission
5%
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 P & Genevieve M Mclaughlin Family Foundation

Is James P & Genevieve M Mclaughlin Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, James P & Genevieve M Mclaughlin Family Foundation (EIN: 133335298) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.

Is James P & Genevieve M Mclaughlin Family Foundation a good charity to donate to?

James P & Genevieve M Mclaughlin Family Foundation has a Mission Score of 90/100. Revenue: $1.1M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for James P & Genevieve M Mclaughlin Family Foundation?

The Employer Identification Number (EIN) for James P & Genevieve M Mclaughlin Family Foundation is 133335298. 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 P & Genevieve M Mclaughlin Family Foundation spend its money?

James P & Genevieve M Mclaughlin Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify James P & Genevieve M Mclaughlin Family Foundation's tax-exempt status?

You can verify James P & Genevieve M Mclaughlin Family Foundation's tax-exempt status using EIN 133335298 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 P & Genevieve M Mclaughlin Family Foundation demonstrates consistent financial activity, with revenues generally keeping pace with expenses over the past several years. For instance, in the 202406 period, the foundation reported revenues of $649,198 against expenses of $787,428, indicating a slight deficit for that year. The organization maintains a healthy asset base, with assets consistently above $2.4 million, reaching $2,510,994 in the latest reported period. Liabilities have remained minimal, often reported as $1, which suggests strong financial stability and low debt burden. The foundation's spending efficiency appears to be high, as there is no reported officer compensation across all available filings, indicating that administrative costs related to executive salaries are non-existent. This suggests that a very high proportion of expenses are likely directed towards program services or grants. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent reporting of minimal liabilities and the absence of officer compensation are positive indicators of financial health and a focus on mission. Transparency is generally good given the consistent filing of IRS Form 990s. The absence of officer compensation is a notable positive for transparency and efficiency. To further enhance transparency, a more detailed breakdown of expenses would be beneficial, allowing for a clearer understanding of how funds are allocated between program services, administration, and any fundraising efforts. The foundation's consistent asset base and minimal liabilities reflect a well-managed financial position.

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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