Quick charity verification for Joyce Mack Foundation (EIN: 204756962)
Verdict: Joyce Mack Foundation has notable concerns
5/100Mission Score
$40Revenue
$3KAssets
4Red Flags
1Strengths
Red Flags
Consistent and severe deficit spending, with expenses far exceeding revenue for many years (e.g., 2023 revenue $18, expenses $3,030).
Dramatic decline in assets by over 98% from $176,241 in 2011 to $3,303 currently, indicating unsustainable financial practices.
Extremely low current revenue ($40 latest, $18 in 2023, $4 in 2022) making the organization's operational viability highly questionable.
Lack of clear explanation for how expenses are covered given negligible income, suggesting reliance on asset depletion.
Strengths
No officer compensation reported, indicating no executive salaries are contributing to the organization's expenses.
Spending Breakdown
How Joyce Mack Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Joyce Mack Foundation
Is Joyce Mack Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Joyce Mack Foundation (EIN: 204756962) has notable concerns. Mission Score: 5/100. 4 red flags identified, 1 strength noted.
Is Joyce Mack Foundation a good charity to donate to?
Joyce Mack Foundation has a Mission Score of 5/100. Revenue: $40. Assets: $3K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Joyce Mack Foundation?
The Employer Identification Number (EIN) for Joyce Mack Foundation is 204756962. 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 Joyce Mack Foundation spend its money?
Joyce Mack Foundation allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Joyce Mack Foundation's tax-exempt status?
You can verify Joyce Mack Foundation's tax-exempt status using EIN 204756962 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 Joyce Mack Foundation exhibits significant financial instability and appears to be in a state of decline. Over the past several years, the organization has consistently reported minimal revenue, often in the single or double digits, while incurring expenses in the thousands. For instance, in 2023, revenue was $18 against expenses of $3,030, and in 2022, revenue was $4 against expenses of $4,117. This pattern of spending far exceeding income has led to a substantial depletion of assets, from a high of $176,241 in 2011 to just $3,303 currently. The organization's ability to sustain its operations or fulfill its mission with such negligible income and dwindling resources is highly questionable. The consistent reporting of $1 in liabilities across all filings suggests a lack of complex financial transactions or perhaps an oversight in reporting, but it doesn't alleviate the concerns about operational viability.