Quick charity verification for Marguerites Place Inc (EIN: 20466392)
Verdict: Marguerites Place Inc appears trustworthy
92/100Mission Score
$1.8MRevenue
$4.4MAssets
1Red Flags
4Strengths
Red Flags
Slight deficit in 2023 ($26,515) where expenses exceeded revenue, warranting monitoring.
Strengths
Consistent asset growth, from $2.5 million in 2014 to $3.87 million in 2023.
0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
Strong surpluses in recent years (e.g., $577,067 in 2021, $135,947 in 2022).
Manageable liabilities relative to growing assets.
Spending Breakdown
How Marguerites Place Inc 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 Marguerites Place Inc
Is Marguerites Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marguerites Place Inc (EIN: 20466392) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Marguerites Place Inc a good charity to donate to?
Marguerites Place Inc has a Mission Score of 92/100. Revenue: $1.8M. Assets: $4.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Marguerites Place Inc?
The Employer Identification Number (EIN) for Marguerites Place Inc is 20466392. 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 Marguerites Place Inc spend its money?
Marguerites Place Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Marguerites Place Inc's tax-exempt status?
You can verify Marguerites Place Inc's tax-exempt status using EIN 20466392 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
Marguerites Place Inc demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $1 million annually. While the organization experienced a slight deficit in 2023, with expenses exceeding revenue by approximately $26,000, this follows several years of healthy surpluses, such as in 2021 where revenue outpaced expenses by over $577,000. The organization's assets have shown steady growth, increasing from $2.5 million in 2014 to $3.87 million in 2023, indicating good financial management and capacity building. Liabilities have fluctuated but remain manageable relative to assets.
The organization appears to be efficient in its spending, with no reported officer compensation, suggesting that resources are primarily directed towards its mission. The NTEE code P430 (Transitional Housing) aligns with a direct service model, which typically involves significant program expenses. The absence of officer compensation also points to a high degree of transparency and a commitment to maximizing program impact.
Overall, Marguerites Place Inc exhibits sound financial health and a strong commitment to its mission, as evidenced by its consistent asset growth and the lack of executive compensation. While the 2023 deficit warrants monitoring, the overall trend suggests a well-managed and impactful nonprofit.