Is Madre Inc Legit?

Quick charity verification for Madre Inc (EIN: 133280194)

Verdict: Madre Inc appears trustworthy

85/100Mission Score

$17.8MRevenue

$26.2MAssets

2Red Flags

4Strengths

Red Flags

Significant deficit in the most recent filing (202309), with expenses exceeding revenue by over $5 million.
High volatility in annual revenue, ranging from $2.4 million to over $30 million, which could indicate reliance on large, infrequent grants or project-based funding.

Strengths

Consistent reporting of 0% officer compensation, indicating strong fiscal responsibility and dedication to mission.
Substantial growth in assets over the past decade, from $5.5 million in 2014 to nearly $30 million in 2023.
Low liabilities relative to assets across all reported periods, demonstrating a healthy balance sheet.
Strong revenue performance in some periods, such as $30.7 million in 202209, indicating capacity for significant fundraising.

Spending Breakdown

How Madre Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

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 Madre Inc

Is Madre Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Madre Inc (EIN: 133280194) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Madre Inc a good charity to donate to?

Madre Inc has a Mission Score of 85/100. Revenue: $17.8M. Assets: $26.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Madre Inc?

The Employer Identification Number (EIN) for Madre Inc is 133280194. 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 Madre Inc spend its money?

Madre Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Madre Inc's tax-exempt status?

You can verify Madre Inc's tax-exempt status using EIN 133280194 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

Madre Inc. demonstrates a fluctuating but generally strong financial position, with assets significantly exceeding liabilities across most reported periods. For instance, in 202309, assets were $29,634,783 against liabilities of $1,275,988, indicating robust financial health. However, the organization experienced a substantial deficit in 202309, with expenses ($13,897,405) significantly outpacing revenue ($8,492,300), which warrants closer examination. This contrasts sharply with 202209, where revenue ($30,735,703) far exceeded expenses ($10,730,813), suggesting variability in funding or project cycles.

The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator of fiscal responsibility and a commitment to directing funds towards the mission rather than executive salaries. The significant swings in revenue and expenses year-over-year suggest either project-based funding or a need for more stable revenue streams, but the overall asset growth over the decade is a positive trend.

Transparency appears to be good given the consistent filing history and the explicit reporting of 0% officer compensation. The organization's ability to maintain substantial assets despite periods of deficit spending, such as in 202309, suggests a reliance on accumulated reserves or significant one-time grants in other periods. Further transparency on the allocation of expenses would enhance understanding of their operational efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.