Is Magdalen College Legit?

Red Flags

Significant and unexplained drop in assets from $3,658,951 to $91,100 between 202306 and 202406.
History of operating deficits in multiple years (e.g., 202306, 202106, 202006, 201606, 201506).
Consistent 0% officer compensation, which is unusual for an organization with multi-million dollar revenues and expenses, potentially indicating non-transparent compensation structures or reliance on external support.

Spending Breakdown

How Magdalen College allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Magdalen College

Is Magdalen College a legitimate charity?

Based on AI analysis of IRS 990 filings, Magdalen College (EIN: 20309681) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Magdalen College a good charity to donate to?

Magdalen College has a Mission Score of 70/100. Revenue: $51K. Assets: $11K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Magdalen College?

The Employer Identification Number (EIN) for Magdalen College is 20309681. 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 Magdalen College spend its money?

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

How can I verify Magdalen College's tax-exempt status?

You can verify Magdalen College's tax-exempt status using EIN 20309681 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

Magdalen College demonstrates a fluctuating financial health over the past decade. While the organization reported a positive net income in its most recent filing (202406) with revenues of $3,605,649 exceeding expenses of $3,427,801, it has experienced several years of operating deficits, notably in 202306, 202106, 202006, 201606, and 201506. The organization's assets have also shown significant variability, from a low of $91,100 in 202406 to a high of $5,408,137 in 201906, indicating potential instability or significant asset reclassification. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator for spending efficiency. However, the dramatic drop in reported assets from $3,658,951 in 202306 to $91,100 in 202406 warrants further investigation to understand the underlying financial activities and ensure transparency.

Verdict: Magdalen College appears trustworthy