Is Mahadeva Fam Foundation Tr Legit?

Quick charity verification for Mahadeva Fam Foundation Tr (EIN: 137437490)

Verdict: Mahadeva Fam Foundation Tr appears trustworthy

75/100Mission Score

$2.2MRevenue

$6.4MAssets

2Red Flags

4Strengths

Red Flags

Consistent expenses exceeding reported revenue in recent years (e.g., 2023: $237,765 expenses vs. $161,276 revenue), indicating reliance on asset drawdowns or unreported investment income.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess program vs. administrative spending efficiency.

Strengths

Strong asset base ($4,278,833 in 2023) providing long-term financial stability.
Minimal liabilities ($1 in recent years) indicating excellent financial health and low debt burden.
0% officer compensation reported across all filings, suggesting high efficiency in executive overhead.
Consistent filing history demonstrates transparency and compliance with IRS regulations.

Spending Breakdown

How Mahadeva Fam Foundation Tr 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 Mahadeva Fam Foundation Tr

Is Mahadeva Fam Foundation Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Mahadeva Fam Foundation Tr (EIN: 137437490) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Mahadeva Fam Foundation Tr a good charity to donate to?

Mahadeva Fam Foundation Tr has a Mission Score of 75/100. Revenue: $2.2M. Assets: $6.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mahadeva Fam Foundation Tr?

The Employer Identification Number (EIN) for Mahadeva Fam Foundation Tr is 137437490. 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 Mahadeva Fam Foundation Tr spend its money?

Mahadeva Fam Foundation Tr allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mahadeva Fam Foundation Tr's tax-exempt status?

You can verify Mahadeva Fam Foundation Tr's tax-exempt status using EIN 137437490 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 Mahadeva Fam Foundation Tr appears to be a private foundation, as indicated by its consistent revenue patterns and asset base. Over the past five years, the foundation has shown fluctuating revenue, with a notable decrease from $343,298 in 2019 to $161,276 in 2023. Expenses have generally been stable, ranging from $197,206 to $299,998, often exceeding revenue in recent years, leading to a draw-down on assets. For instance, in 2023, expenses of $237,765 significantly outpaced revenue of $161,276.

The organization maintains a substantial asset base, reported at $4,278,833 in 2023, with minimal liabilities ($1), suggesting a strong financial position in terms of solvency. However, the consistent trend of expenses exceeding revenue in recent periods (2021, 2022, 2023) indicates that the foundation is spending down its principal or relying on investment returns not fully captured in the 'Revenue' line item, which is common for foundations. The absence of officer compensation reported across all filings suggests that the foundation is either volunteer-run at the executive level or compensation is handled through other entities, which is a positive for efficiency but could raise questions about operational structure if not clearly disclosed elsewhere.

Given the nature of a private foundation, the primary focus is on grantmaking rather than direct program delivery, which impacts how 'spending efficiency' is typically viewed. The lack of detailed expense breakdowns in the provided data makes it difficult to assess the exact allocation between program-related investments, administrative costs, and fundraising. However, the consistent asset base and minimal liabilities point to a well-managed endowment. The transparency is good in terms of filing history, but more granular expense data would enhance the assessment of its 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.