Quick charity verification for Mark And Jessie Milano Foundation (EIN: 208004580)
Verdict: Mark And Jessie Milano Foundation appears trustworthy
85/100Mission Score
$1.9MRevenue
$4.2MAssets
1Red Flags
4Strengths
Red Flags
Expenses occasionally exceed revenue, though this is common for foundations drawing from an endowment.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
Stable asset base over a decade, demonstrating financial resilience.
Minimal liabilities reported across all filings, indicating strong financial health.
Consistent IRS 990 filings, showing good transparency.
Spending Breakdown
How Mark And Jessie Milano Foundation 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 Mark And Jessie Milano Foundation
Is Mark And Jessie Milano Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mark And Jessie Milano Foundation (EIN: 208004580) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Mark And Jessie Milano Foundation a good charity to donate to?
Mark And Jessie Milano Foundation has a Mission Score of 85/100. Revenue: $1.9M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mark And Jessie Milano Foundation?
The Employer Identification Number (EIN) for Mark And Jessie Milano Foundation is 208004580. 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 Mark And Jessie Milano Foundation spend its money?
Mark And Jessie Milano Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mark And Jessie Milano Foundation's tax-exempt status?
You can verify Mark And Jessie Milano Foundation's tax-exempt status using EIN 208004580 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 Mark And Jessie Milano Foundation appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T20 (Private Grantmaking Foundations). Over the past decade, the foundation has maintained a stable asset base, fluctuating between approximately $4.5 million and $4.9 million, with current assets at $4,201,224. Its revenue and expenses have varied year-to-year, with some periods showing expenses exceeding revenue (e.g., 202212 and 202312), which is not uncommon for foundations drawing from an endowment. The foundation consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay.
Given the nature of a private foundation, the primary 'program' activity is grantmaking. Without detailed breakdowns of grant recipients or administrative costs, it's challenging to fully assess spending efficiency beyond the top-line numbers. However, the consistent reporting and stable financial position suggest a well-managed entity. The foundation's liabilities have consistently been reported as minimal ($0 or $1), indicating strong financial solvency.
Transparency is generally good through its consistent IRS 990 filings. The absence of officer compensation is a strong point. To further enhance transparency, more detailed public information on grantmaking activities and administrative overhead would be beneficial, though not strictly required for private foundations.