Is Margaret Patricia Eagan Charitable Foundation Trust Legit?

Quick charity verification for Margaret Patricia Eagan Charitable Foundation Trust (EIN: 206387495)

Verdict: Margaret Patricia Eagan Charitable Foundation Trust appears trustworthy

92/100Mission Score
$2.0MRevenue
$3.1MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Margaret Patricia Eagan Charitable Foundation Trust 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 Patricia Eagan Charitable Foundation Trust

Is Margaret Patricia Eagan Charitable Foundation Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Margaret Patricia Eagan Charitable Foundation Trust (EIN: 206387495) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Margaret Patricia Eagan Charitable Foundation Trust a good charity to donate to?

Margaret Patricia Eagan Charitable Foundation Trust has a Mission Score of 92/100. Revenue: $2.0M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Margaret Patricia Eagan Charitable Foundation Trust?

The Employer Identification Number (EIN) for Margaret Patricia Eagan Charitable Foundation Trust is 206387495. 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 Patricia Eagan Charitable Foundation Trust spend its money?

Margaret Patricia Eagan Charitable Foundation Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Margaret Patricia Eagan Charitable Foundation Trust's tax-exempt status?

You can verify Margaret Patricia Eagan Charitable Foundation Trust's tax-exempt status using EIN 206387495 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 Patricia Eagan Charitable Foundation Trust demonstrates consistent financial health, primarily operating as a grant-making organization. Its assets have shown steady growth over the past decade, increasing from $1,153,032 in 2011 to $2,359,074 in 2023, indicating sound asset management. The organization consistently reports minimal liabilities ($1 across all filings), suggesting a very low-risk financial structure. Revenue has fluctuated, with a notable negative revenue in 2022 ($-12,857), but generally shows positive inflows, such as $319,824 in 2023. Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, indicating that its leadership is unpaid, which is common for smaller trusts or foundations. Expenses are generally well below revenue, allowing for asset accumulation and program support. For instance, in 2023, expenses were $141,466 against $319,824 in revenue, demonstrating a significant surplus for mission-related activities or asset growth. Transparency is high given the public availability of its 990 filings and the clear reporting of financial data. The consistent reporting of $1 in liabilities across all periods is a minor anomaly but does not detract from overall transparency. The NTEE code B82 indicates a focus on 'Foundations (General)', which aligns with its operational pattern of managing assets and making grants.

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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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