Quick charity verification for Marguerite Foundation (EIN: 205634407)
Verdict: Marguerite Foundation appears trustworthy
85/100Mission Score
$435KRevenue
$3.6MAssets
2Red Flags
5Strengths
Red Flags
Highly volatile revenue stream, making financial planning potentially challenging (e.g., $40,312 in 2022 vs. $667,383 in 2023).
Lack of detailed program spending breakdown in the provided summary, making it difficult to fully assess direct mission impact.
Strengths
Strong and growing asset base, reaching $3,614,218, providing financial stability.
Consistently low expenses relative to assets and, in some years, revenue (e.g., $140,286 expenses vs. $667,383 revenue in 2023).
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Very low liabilities compared to assets, demonstrating strong financial health and minimal debt.
Consistent IRS 990 filing history over a decade, indicating good transparency.
Spending Breakdown
How Marguerite Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Marguerite Foundation
Is Marguerite Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Marguerite Foundation (EIN: 205634407) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Marguerite Foundation a good charity to donate to?
Marguerite Foundation has a Mission Score of 85/100. Revenue: $435K. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Marguerite Foundation?
The Employer Identification Number (EIN) for Marguerite Foundation is 205634407. 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 Marguerite Foundation spend its money?
Marguerite Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Marguerite Foundation's tax-exempt status?
You can verify Marguerite Foundation's tax-exempt status using EIN 205634407 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 Marguerite Foundation demonstrates a generally stable financial position with significant assets relative to its annual revenue and expenses. In 2023, the organization reported revenue of $667,383 against expenses of $140,286, indicating a substantial surplus for the year. However, revenue has been highly volatile, fluctuating from a low of $40,312 in 2022 to the high in 2023. Despite these fluctuations, the foundation consistently maintains a strong asset base, with $3,437,169 in assets in 2023, far exceeding its liabilities, which were only $5,400 in the same period. This suggests a conservative financial management approach and a strong capacity to meet its obligations.
The organization's spending efficiency appears robust, particularly in 2023 where expenses were significantly lower than revenue. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall low expense figures relative to assets and, in some years, revenue, suggest that a substantial portion of its resources are either being retained or directed towards its mission. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing overhead in this area, which is a positive sign for donor confidence. The foundation's consistent filing of IRS 990s over a decade also points to a good level of transparency in its financial reporting.