Quick charity verification for Macleod Charitable Foundation Inc (EIN: 208153065)
Verdict: Macleod Charitable Foundation Inc appears trustworthy
95/100Mission Score
$186KRevenue
$970KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency.
Strong and growing asset base, currently at $970,063.
Very low liabilities (e.g., $1 in 2023), demonstrating excellent solvency.
Consistent filing of IRS Form 990s, indicating good transparency.
Expenses generally well-managed relative to revenue in recent years (e.g., $137,033 revenue vs. $113,661 expenses in 2023).
Spending Breakdown
How Macleod Charitable Foundation Inc 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 Macleod Charitable Foundation Inc
Is Macleod Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Macleod Charitable Foundation Inc (EIN: 208153065) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Macleod Charitable Foundation Inc a good charity to donate to?
Macleod Charitable Foundation Inc has a Mission Score of 95/100. Revenue: $186K. Assets: $970K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Macleod Charitable Foundation Inc?
The Employer Identification Number (EIN) for Macleod Charitable Foundation Inc is 208153065. 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 Macleod Charitable Foundation Inc spend its money?
Macleod Charitable Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Macleod Charitable Foundation Inc's tax-exempt status?
You can verify Macleod Charitable Foundation Inc's tax-exempt status using EIN 208153065 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 Macleod Charitable Foundation Inc appears to be in a stable financial position, consistently maintaining a healthy asset base, which currently stands at $970,063. Over the past few years, the organization has generally managed its expenses well in relation to its revenue, as seen in 2023 where revenue was $137,033 against expenses of $113,661. This indicates a responsible approach to financial management, allowing for growth in net assets.
Spending efficiency is a notable strength, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation is a strong indicator of efficiency.
Transparency is high regarding executive compensation, as it is consistently reported as zero. The consistent filing of IRS Form 990s over a decade also demonstrates a commitment to public accountability. The organization's financial health appears robust, with assets significantly outweighing liabilities (e.g., $936,638 in assets vs. $1 in liabilities in 2023), indicating strong solvency and long-term sustainability.