Quick charity verification for Martocci Memorial Foundation Inc (EIN: 141801944)
Verdict: Martocci Memorial Foundation Inc has notable concerns
30/100Mission Score
$92Revenue
$1KAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits (e.g., $92 revenue vs. $150 expenses in 202012)
Significant decline in assets over time (from $7,333 in 201412 to $1,498 in 202012)
Very low revenue generation, indicating limited financial support or activity.
Strengths
Zero officer compensation reported, indicating no personal financial gain for leadership.
Consistent filing of IRS 990 forms, demonstrating a commitment to transparency.
Spending Breakdown
How Martocci Memorial Foundation Inc allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
40%
Admin Costs
High — over 25% on administration
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 Martocci Memorial Foundation Inc
Is Martocci Memorial Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Martocci Memorial Foundation Inc (EIN: 141801944) has notable concerns. Mission Score: 30/100. 3 red flags identified, 2 strengths noted.
Is Martocci Memorial Foundation Inc a good charity to donate to?
Martocci Memorial Foundation Inc has a Mission Score of 30/100. Revenue: $92. Assets: $1K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Martocci Memorial Foundation Inc?
The Employer Identification Number (EIN) for Martocci Memorial Foundation Inc is 141801944. 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 Martocci Memorial Foundation Inc spend its money?
Martocci Memorial Foundation Inc allocates 50% to programs, 40% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Martocci Memorial Foundation Inc's tax-exempt status?
You can verify Martocci Memorial Foundation Inc's tax-exempt status using EIN 141801944 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 Martocci Memorial Foundation Inc appears to be a very small organization with minimal financial activity. In its latest filing (202012), it reported only $92 in revenue and $150 in expenses, resulting in a net loss. Its assets stand at $1,498, which is a significant decline from $7,333 in 201412. The consistent reporting of zero officer compensation across all available filings indicates good transparency regarding executive pay, especially for an organization of this size. However, the consistent pattern of expenses exceeding revenue, as seen in 202012 ($92 revenue vs. $150 expenses) and 201912 ($138 revenue vs. $308 expenses), raises concerns about its long-term financial sustainability and ability to fund programs effectively. The organization's financial health seems to be in decline, with shrinking assets and recurring deficits.