Is Jerome And Marlyce Koskovich Foundation Legit?

Quick charity verification for Jerome And Marlyce Koskovich Foundation (EIN: 202051209)

Verdict: Jerome And Marlyce Koskovich Foundation appears trustworthy

85/100Mission Score
$230KRevenue
$1.7MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Jerome And Marlyce Koskovich Foundation 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 Jerome And Marlyce Koskovich Foundation

Is Jerome And Marlyce Koskovich Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Jerome And Marlyce Koskovich Foundation (EIN: 202051209) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.

Is Jerome And Marlyce Koskovich Foundation a good charity to donate to?

Jerome And Marlyce Koskovich Foundation has a Mission Score of 85/100. Revenue: $230K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jerome And Marlyce Koskovich Foundation?

The Employer Identification Number (EIN) for Jerome And Marlyce Koskovich Foundation is 202051209. 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 Jerome And Marlyce Koskovich Foundation spend its money?

Jerome And Marlyce Koskovich Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jerome And Marlyce Koskovich Foundation's tax-exempt status?

You can verify Jerome And Marlyce Koskovich Foundation's tax-exempt status using EIN 202051209 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 Jerome And Marlyce Koskovich Foundation exhibits a fluctuating financial performance over the analyzed periods. While the organization maintains substantial assets, most recent filings show expenses exceeding revenue, with the 202306 period reporting $286,834 in expenses against $222,944 in revenue. This trend of deficit spending is not new, as seen in 202106 ($267,991 expenses vs $116,226 revenue) and 202006 ($158,969 expenses vs $17,390 revenue). However, the 202206 period showed a significant surplus with $453,317 in revenue against $178,737 in expenses, indicating variability in its funding or distribution strategy. The foundation consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. The consistent reporting of minimal liabilities ($1) across all periods suggests a healthy balance sheet in terms of debt management. The foundation's assets have generally declined over the long term, from $3,757,756 in 201206 to $1,505,085 in 202306, which warrants further investigation into the nature of its distributions and investment performance.

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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