Quick charity verification for Marion Project Iii Inc (EIN: 205386019)
Verdict: Marion Project Iii Inc appears trustworthy
75/100Mission Score
$296KRevenue
$2.8MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses frequently exceeding revenue (e.g., $382,693 expenses vs. $269,377 revenue in 2023).
Reliance on asset drawdowns to cover operational costs, which is not a long-term sustainable model.
Strengths
Substantial asset base ($2,853,051 in 2023) provides financial stability despite operating deficits.
Zero reported officer compensation across all filings, indicating high efficiency in executive pay.
Consistent filing history demonstrates transparency and compliance with IRS regulations.
Spending Breakdown
How Marion Project Iii Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Marion Project Iii Inc
Is Marion Project Iii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marion Project Iii Inc (EIN: 205386019) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Marion Project Iii Inc a good charity to donate to?
Marion Project Iii Inc has a Mission Score of 75/100. Revenue: $296K. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Marion Project Iii Inc?
The Employer Identification Number (EIN) for Marion Project Iii Inc is 205386019. 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 Marion Project Iii Inc spend its money?
Marion Project Iii Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Marion Project Iii Inc's tax-exempt status?
You can verify Marion Project Iii Inc's tax-exempt status using EIN 205386019 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
Marion Project Iii Inc. demonstrates a consistent operational deficit, with expenses frequently exceeding revenue. For example, in 2023, expenses were $382,693 against revenues of $269,377, and similar trends are observed in prior years. Despite these deficits, the organization maintains substantial assets, reported at $2,853,051 in 2023, which suggests a strong financial cushion built over time. The absence of reported officer compensation across all available filings indicates a commitment to minimizing administrative overhead in this area, enhancing its transparency and efficiency profile regarding executive pay.
The organization's financial health, while showing annual operating losses, is supported by its significant asset base. This allows it to continue operations despite not generating sufficient revenue to cover expenses in recent years. The consistent lack of reported officer compensation is a notable strength, indicating that leadership is likely unpaid or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence. However, the sustained trend of expenses outpacing revenue warrants attention to ensure long-term sustainability without depleting its asset reserves too quickly.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising). However, the zero officer compensation is a strong indicator of efficiency in a key administrative area. The organization's transparency is good in terms of publicly available financial data, and the consistent reporting of zero officer compensation is a clear and positive disclosure.