Is Mad Dads Legit?

Quick charity verification for Mad Dads (EIN: 10774996)

Verdict: Mad Dads appears trustworthy

90/100Mission Score
$1.2MRevenue
$360KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Mad Dads allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 Mad Dads

Is Mad Dads a legitimate charity?

Based on AI analysis of IRS 990 filings, Mad Dads (EIN: 10774996) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Mad Dads a good charity to donate to?

Mad Dads has a Mission Score of 90/100. Revenue: $1.2M. Assets: $360K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mad Dads?

The Employer Identification Number (EIN) for Mad Dads is 10774996. 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 Mad Dads spend its money?

Mad Dads allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mad Dads's tax-exempt status?

You can verify Mad Dads's tax-exempt status using EIN 10774996 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

Mad Dads demonstrates a generally healthy financial position with consistent revenue growth over the past several years, particularly noting a significant increase from $385,110 in 2019 to $1,253,210 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $1,253,210 exceeded expenses of $1,103,699, contributing to a growing asset base which reached $500,281 in 2023. This financial stability suggests effective management of resources. The organization's spending efficiency appears strong, as indicated by the consistent generation of surpluses and growth in assets. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial health and asset accumulation suggest that a reasonable portion of funds are being directed towards its mission. The very low liabilities relative to assets, such as $17,879 in liabilities against $500,281 in assets in 2023, further underscore financial prudence. Transparency is a notable strength, particularly with the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. The regular filing of IRS 990s over 13 periods also points to a commitment to public accountability.

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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