Is Mall Family Foundation Legit?

Quick charity verification for Mall Family Foundation (EIN: 208058288)

Verdict: Mall Family Foundation appears trustworthy

85/100Mission Score
$1.5MRevenue
$2.6MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Mall Family Foundation demonstrates a generally healthy financial position, with assets consistently over $1 million and recent revenue spikes, such as the $1,057,144 in 2022. Their spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, indicating that leadership is not drawing salaries from the organization. This suggests a high dedication of resources to programmatic activities rather than administrative overhead. However, the filings do not provide a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits a precise assessment of spending efficiency beyond the lack of executive compensation. The foundation's consistent filing of IRS Form 990s over a decade indicates a commitment to transparency, providing a clear historical record of their financial activities. The significant fluctuation in annual revenue and expenses, such as the negative revenue in 2021 and the high expenses in 2012, warrants closer examination to understand the underlying financial strategies and operational stability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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