Reported $0 expenses in multiple fiscal periods (2014-2016) despite having revenue.
Extreme fluctuations in liabilities over recent years (e.g., $27M to $89M to $0.7M from 2021-2023).
Lack of reported officer compensation across all filings, which could indicate a lack of transparency if compensation is simply reclassified.
Strengths
Consistent and substantial revenue stream, averaging over $8 million in recent years.
Strong asset base, consistently over $100 million, indicating financial stability.
Positive net assets, with assets significantly exceeding liabilities in most periods, particularly in 2023.
Spending Breakdown
How Marshall Square Investment Groupinc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Marshall Square Investment Groupinc
Is Marshall Square Investment Groupinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marshall Square Investment Groupinc (EIN: 204349535) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Marshall Square Investment Groupinc a good charity to donate to?
Marshall Square Investment Groupinc has a Mission Score of 65/100. Revenue: $8.2M. Assets: $105.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Marshall Square Investment Groupinc?
The Employer Identification Number (EIN) for Marshall Square Investment Groupinc is 204349535. 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 Marshall Square Investment Groupinc spend its money?
Marshall Square Investment Groupinc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Marshall Square Investment Groupinc's tax-exempt status?
You can verify Marshall Square Investment Groupinc's tax-exempt status using EIN 204349535 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
Marshall Square Investment Groupinc demonstrates a consistent revenue stream, averaging over $8 million in the last five years, with total assets exceeding $100 million. The organization's financial health appears robust, maintaining substantial assets relative to its annual expenses. However, a significant portion of its expenses, particularly in earlier years (2014-2016), were reported as $0, which raises questions about the completeness or categorization of spending during those periods. More recent filings show expenses in the range of $4-6 million, indicating active operations.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation being categorized under other expense lines, which could impact transparency. The substantial fluctuations in liabilities, from $27 million in 2021 to $89 million in 2022 and then down to $704,605 in 2023, warrant further investigation to understand the underlying financial activities and their implications for the organization's stability.
Overall, while the organization maintains a strong asset base and consistent revenue, the lack of detailed expense breakdowns and the unusual liability fluctuations in recent years present challenges for a comprehensive transparency assessment. Further scrutiny of their full IRS 990 forms would be necessary to fully understand their operational efficiency and financial practices.