Is Mahley Fam Foundation Legit?

Quick charity verification for Mahley Fam Foundation (EIN: 161589308)

Verdict: Mahley Fam Foundation shows mixed signals

65/100Mission Score

$222KRevenue

$590KAssets

4Red Flags

3Strengths

Red Flags

Consistent deficit spending, with expenses frequently exceeding revenue (e.g., $33,513 expenses vs. $13,006 revenue in 202312).
Declining asset base over recent years, from $570,434 in 202112 to $533,407 in 202312, indicating unsustainable spending relative to income.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Unusual consistent reporting of $1 in liabilities across multiple recent filings.

Strengths

Zero officer compensation reported across all filings, indicating high efficiency in executive pay.
Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Maintains a substantial asset base (over $500,000) despite deficit spending, providing some financial cushion.

Spending Breakdown

How Mahley Fam Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Mahley Fam Foundation

Is Mahley Fam Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Mahley Fam Foundation (EIN: 161589308) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Mahley Fam Foundation a good charity to donate to?

Mahley Fam Foundation has a Mission Score of 65/100. Revenue: $222K. Assets: $590K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mahley Fam Foundation?

The Employer Identification Number (EIN) for Mahley Fam Foundation is 161589308. 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 Mahley Fam Foundation spend its money?

Mahley Fam Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Mahley Fam Foundation's tax-exempt status using EIN 161589308 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 Mahley Fam Foundation, with an EIN of 161589308, appears to be a private foundation based on its consistent asset levels and relatively low revenue and expense figures over the past decade. Its financial health shows some volatility in revenue, with the latest reported revenue at $13,006 for the period ending 202312, significantly lower than its latest reported total revenue of $222,018. Expenses have often exceeded revenue, as seen in 202312 where expenses were $33,513 against $13,006 in revenue, leading to a decrease in assets from $570,434 in 202112 to $533,407 in 202312. This trend of spending more than it takes in is consistent across several years, including 202112 ($86,122 expenses vs. $43,877 revenue) and 202012 ($80,503 expenses vs. $77,544 revenue).

The organization consistently reports $0 in officer compensation across all available filings, which is a positive indicator for minimizing administrative overhead related to executive pay. However, without detailed breakdowns of expenses (e.g., program services, management and general, fundraising) from the provided data, it's challenging to fully assess spending efficiency. The consistent reporting of $1 in liabilities in recent years (202312, 202212, 202112, 202012, 201912) is unusual and might warrant further investigation into its accounting practices, though it's a negligible amount. The foundation's transparency is generally good given the availability of its 990 filings, but the lack of NTEE code and detailed expense categories limits a deeper analysis of its programmatic focus and 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.