Quick charity verification for Makenna Foundation Inc (EIN: 161687755)
Verdict: Makenna Foundation Inc shows mixed signals
65/100Mission Score
$38KRevenue
$59KAssets
4Red Flags
3Strengths
Red Flags
Consistent operational deficits (e.g., $40,978 expenses vs. $33,818 revenue in 2023)
Significant decline in assets over time (from $216,044 in 2017 to $65,541 in 2023)
Highly volatile revenue streams (e.g., $120,180 in 2016 down to $11,873 in 2020)
Expenses frequently exceed revenue, indicating reliance on reserves
Strengths
Zero officer compensation reported across all filings, indicating volunteer leadership
No reported liabilities, suggesting good financial hygiene regarding debt
Consistent filing of IRS Form 990, demonstrating transparency
Spending Breakdown
How Makenna Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Makenna Foundation Inc
Is Makenna Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Makenna Foundation Inc (EIN: 161687755) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Makenna Foundation Inc a good charity to donate to?
Makenna Foundation Inc has a Mission Score of 65/100. Revenue: $38K. Assets: $59K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Makenna Foundation Inc?
The Employer Identification Number (EIN) for Makenna Foundation Inc is 161687755. 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 Makenna Foundation Inc spend its money?
Makenna Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Makenna Foundation Inc's tax-exempt status?
You can verify Makenna Foundation Inc's tax-exempt status using EIN 161687755 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 Makenna Foundation Inc. demonstrates a mixed financial picture. While the organization consistently reports zero liabilities and zero officer compensation, indicating good financial hygiene and a volunteer-driven model, its revenue has been highly volatile over the past decade. For instance, revenue fluctuated from a high of $120,180 in 2016 to a low of $11,873 in 2020, and most recently reported $33,818 in 2023. This inconsistency in funding can make long-term planning and program stability challenging.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the organization frequently operates at a deficit, with expenses exceeding revenue in many years (e.g., $40,978 expenses vs. $33,818 revenue in 2023; $136,299 expenses vs. $101,874 revenue in 2019). This trend of spending more than it brings in, while not necessarily unsustainable given its asset base, suggests a reliance on prior year reserves or inconsistent funding streams. The consistent reporting of zero officer compensation is a strong positive for transparency and efficiency, as it indicates that all revenue is directed towards the mission or operational costs rather than executive salaries.
Overall, the Makenna Foundation Inc. appears to be transparent regarding its lack of liabilities and executive compensation. However, the significant fluctuations in revenue and frequent operational deficits warrant closer examination of its fundraising strategies and expense management to ensure long-term financial health and program impact. The declining asset base from a high of $216,044 in 2017 to $65,541 in 2023 also suggests that the organization has been drawing down its reserves.