How Margaret Voorhies Haggin Memorial 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 Voorhies Haggin Memorial Trust
Is Margaret Voorhies Haggin Memorial Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Margaret Voorhies Haggin Memorial Trust (EIN: 136078494) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Margaret Voorhies Haggin Memorial Trust a good charity to donate to?
Margaret Voorhies Haggin Memorial Trust has a Mission Score of 95/100. Revenue: $13.7M. Assets: $26.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Margaret Voorhies Haggin Memorial Trust?
The Employer Identification Number (EIN) for Margaret Voorhies Haggin Memorial Trust is 136078494. 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 Voorhies Haggin Memorial Trust spend its money?
Margaret Voorhies Haggin Memorial Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Margaret Voorhies Haggin Memorial Trust's tax-exempt status?
You can verify Margaret Voorhies Haggin Memorial Trust's tax-exempt status using EIN 136078494 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 Voorhies Haggin Memorial Trust appears to be a well-managed organization with a strong financial position, consistently maintaining substantial assets. Over the past decade, its assets have grown from $19,093,172 in 2011 to $24,864,250 in 2023, indicating sound financial stewardship. The trust consistently reports zero officer compensation, which is a significant indicator of efficient spending and a focus on its mission rather than administrative overhead. While specific program spending details are not provided in the summary data, the absence of officer compensation suggests a high degree of financial efficiency.
The organization's revenue has fluctuated significantly year-to-year, from a low of $517,579 in 2011 to a high of $4,754,115 in 2021, which is typical for trusts that may receive large, infrequent contributions or investment gains. Despite these fluctuations, expenses have remained relatively stable, generally ranging between $1.2 million and $1.6 million annually. This stability in expenses, coupled with asset growth, points to a conservative and sustainable financial strategy. The trust's minimal liabilities across all reported periods further underscore its robust financial health and low risk profile.