Is Kevin T Mchugh Memorial Scholarship Fund Inc Legit?
Quick charity verification for Kevin T Mchugh Memorial Scholarship Fund Inc (EIN: 20485762)
Verdict: Kevin T Mchugh Memorial Scholarship Fund Inc appears trustworthy
85/100Mission Score
$386KRevenue
$123KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
No reported liabilities across all filing periods, demonstrating strong financial stability.
Steady growth in assets over its operational history (from $169,932 in 2011 to $269,602 in 2017, prior to recent disbursements).
Strong program focus, as implied by its NTEE code and the likely reason for asset decrease (scholarship disbursements).
Significant increase in latest revenue ($385,739), indicating growing donor support.
Spending Breakdown
How Kevin T Mchugh Memorial Scholarship Fund Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Kevin T Mchugh Memorial Scholarship Fund Inc
Is Kevin T Mchugh Memorial Scholarship Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kevin T Mchugh Memorial Scholarship Fund Inc (EIN: 20485762) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Kevin T Mchugh Memorial Scholarship Fund Inc a good charity to donate to?
Kevin T Mchugh Memorial Scholarship Fund Inc has a Mission Score of 85/100. Revenue: $386K. Assets: $123K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kevin T Mchugh Memorial Scholarship Fund Inc?
The Employer Identification Number (EIN) for Kevin T Mchugh Memorial Scholarship Fund Inc is 20485762. 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 Kevin T Mchugh Memorial Scholarship Fund Inc spend its money?
Kevin T Mchugh Memorial Scholarship Fund Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kevin T Mchugh Memorial Scholarship Fund Inc's tax-exempt status?
You can verify Kevin T Mchugh Memorial Scholarship Fund Inc's tax-exempt status using EIN 20485762 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 Kevin T Mchugh Memorial Scholarship Fund Inc appears to be a small, well-managed organization focused on its program services. While the latest revenue of $385,739 is significantly higher than previous years, the historical data shows consistent, albeit modest, financial activity. The organization consistently reports 0% officer compensation, indicating a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds. Their assets have shown steady growth over the years, from $169,932 in 2011 to $269,602 in 2017, though they dipped to $123,091 in the latest period, which could be due to significant scholarship disbursements. The absence of liabilities throughout its filing history further strengthens its financial stability.