Quick charity verification for Marineparents Com Inc (EIN: 202294408)
Verdict: Marineparents Com Inc appears trustworthy
85/100Mission Score
$702KRevenue
$481KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission spending.
Stable asset growth from $225,415 in 2014 to $453,446 in 2023.
Long history of IRS 990 filings (14 filings), demonstrating transparency.
Generally operates near break-even, suggesting efficient use of funds for current programs.
Spending Breakdown
How Marineparents Com Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Marineparents Com Inc
Is Marineparents Com Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marineparents Com Inc (EIN: 202294408) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Marineparents Com Inc a good charity to donate to?
Marineparents Com Inc has a Mission Score of 85/100. Revenue: $702K. Assets: $481K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Marineparents Com Inc?
The Employer Identification Number (EIN) for Marineparents Com Inc is 202294408. 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 Marineparents Com Inc spend its money?
Marineparents Com Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Marineparents Com Inc's tax-exempt status?
You can verify Marineparents Com Inc's tax-exempt status using EIN 202294408 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
Marineparents Com Inc demonstrates consistent financial activity, with revenues fluctuating between approximately $465,720 and $970,874 over the past decade. The organization generally operates near break-even, with expenses often closely matching or slightly exceeding revenue in several years, such as in 2022 ($600,848 revenue vs. $621,091 expenses) and 2021 ($755,292 revenue vs. $754,669 expenses). This indicates a strategy of spending most incoming funds on current operations rather than accumulating significant reserves, though assets have shown growth from $225,415 in 2014 to $453,446 in 2023.
The organization's spending efficiency appears reasonable given its operational model. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the consistent near break-even operation suggests that funds are being deployed. A notable aspect of its financial management is the consistent reporting of 0% officer compensation across all available filings, which enhances its transparency and indicates a volunteer-driven or very low-paid leadership structure. This practice is a strong positive indicator for donor confidence.
Overall, Marineparents Com Inc appears to be a financially stable organization that effectively utilizes its revenue for its stated mission, as evidenced by its consistent operations and growth in assets. The lack of officer compensation is a significant positive for transparency, suggesting a strong commitment to directing funds towards its programs.