Quick charity verification for Magnolia Manor Of Columbus Inc (EIN: 208034409)
Verdict: Magnolia Manor Of Columbus Inc appears trustworthy
80/100Mission Score
$22.7MRevenue
$39.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is atypical for an organization of this scale and warrants further scrutiny of expense reporting.
Strengths
Strong financial stability with assets consistently exceeding liabilities (e.g., $41.3M assets vs. $20.1M liabilities in 2023).
Consistent revenue generation, maintaining over $20 million annually for the past decade.
Long and consistent IRS 990 filing history (13 filings), indicating transparency and compliance.
Significant asset base ($39.8M latest assets) providing a strong financial foundation.
Spending Breakdown
How Magnolia Manor Of Columbus Inc 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 Magnolia Manor Of Columbus Inc
Is Magnolia Manor Of Columbus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Magnolia Manor Of Columbus Inc (EIN: 208034409) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Magnolia Manor Of Columbus Inc a good charity to donate to?
Magnolia Manor Of Columbus Inc has a Mission Score of 80/100. Revenue: $22.7M. Assets: $39.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Magnolia Manor Of Columbus Inc?
The Employer Identification Number (EIN) for Magnolia Manor Of Columbus Inc is 208034409. 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 Magnolia Manor Of Columbus Inc spend its money?
Magnolia Manor Of Columbus Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Magnolia Manor Of Columbus Inc's tax-exempt status?
You can verify Magnolia Manor Of Columbus Inc's tax-exempt status using EIN 208034409 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
Magnolia Manor Of Columbus Inc. demonstrates a consistent operational scale with annual revenues generally exceeding $20 million. The organization's financial health appears stable, with assets consistently outweighing liabilities in recent years, indicating a solid balance sheet. For instance, in 2023, assets were $41,334,497 against liabilities of $20,178,206. While the organization experienced a slight deficit in the 2023 fiscal year (expenses of $22,725,349 against revenues of $22,266,402), this follows several years of operating surpluses, suggesting a generally well-managed financial position over time.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent operational expenses relative to revenue suggest a stable cost structure. The absence of reported officer compensation across all filings is a notable point regarding transparency, as it could indicate that executive compensation is either very low, non-existent, or reported under different categories not immediately visible in this summary. Further investigation into the full 990 forms would be necessary to understand the allocation of all expenses.
Overall, the organization appears to be a large, established entity with a stable financial foundation. The consistent filing history and the scale of operations suggest a mature organization. The lack of reported officer compensation is a positive indicator for transparency regarding executive pay, assuming it is genuinely zero or minimal, but a full understanding of spending efficiency would require more granular expense data.