Is Margaret Gada Slosberg Charitable Foundation Legit?
Quick charity verification for Margaret Gada Slosberg Charitable Foundation (EIN: 206743088)
Verdict: Margaret Gada Slosberg Charitable Foundation appears trustworthy
85/100Mission Score
$148KRevenue
$352KAssets
2Red Flags
4Strengths
Red Flags
Inconsistent revenue generation year-over-year
General decline in total assets over the past decade
Strengths
Consistent reporting of zero officer compensation
Extremely low liabilities, indicating no debt burden
Consistent filing of IRS 990s demonstrating transparency
Assets significantly exceed liabilities
Spending Breakdown
How Margaret Gada Slosberg Charitable Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Margaret Gada Slosberg Charitable Foundation
Is Margaret Gada Slosberg Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Margaret Gada Slosberg Charitable Foundation (EIN: 206743088) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Margaret Gada Slosberg Charitable Foundation a good charity to donate to?
Margaret Gada Slosberg Charitable Foundation has a Mission Score of 85/100. Revenue: $148K. Assets: $352K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Margaret Gada Slosberg Charitable Foundation?
The Employer Identification Number (EIN) for Margaret Gada Slosberg Charitable Foundation is 206743088. 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 Margaret Gada Slosberg Charitable Foundation spend its money?
Margaret Gada Slosberg Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Margaret Gada Slosberg Charitable Foundation's tax-exempt status?
You can verify Margaret Gada Slosberg Charitable Foundation's tax-exempt status using EIN 206743088 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 Margaret Gada Slosberg Charitable Foundation demonstrates consistent financial transparency through its regular IRS 990 filings. The organization's financial health appears stable, with assets generally fluctuating around the $400,000 to $500,000 range in recent years, though showing a slight decline from a high of $580,131 in 2011 to $408,440 in 2023. Revenue has been inconsistent, ranging from $15,820 in 2012 to $95,925 in 2013, and most recently $21,866 in 2023. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data. However, the consistent reporting of zero officer compensation is a positive indicator of efficient use of funds at the leadership level.
The foundation's liabilities have consistently been reported as minimal ($0 or $1), indicating a healthy balance sheet with virtually no debt. The primary activity appears to be grant-making, typical for a charitable foundation. While the provided data doesn't detail specific program outcomes, the consistent operation and minimal overhead (due to no officer compensation) suggest that the majority of available funds, after operational expenses, are directed towards its charitable purpose. Further analysis would benefit from a breakdown of expenses beyond total expenses to truly gauge program spending efficiency.