Is Marvin And Marsha Raab Familyfoundation Inc Legit?
Quick charity verification for Marvin And Marsha Raab Familyfoundation Inc (EIN: 203965626)
Verdict: Marvin And Marsha Raab Familyfoundation Inc appears trustworthy
90/100Mission Score
$2.0MRevenue
$6.5MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data (though overall expenses are low)
Strengths
Consistent asset growth, from $1.3M in 2011 to nearly $6M in 2023
Extremely low liabilities, often reported as $1
0% officer compensation across all reported periods
Expenses consistently a small fraction of revenue, indicating high efficiency
Consistent IRS 990 filing history demonstrating transparency
Spending Breakdown
How Marvin And Marsha Raab Familyfoundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Marvin And Marsha Raab Familyfoundation Inc
Is Marvin And Marsha Raab Familyfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marvin And Marsha Raab Familyfoundation Inc (EIN: 203965626) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Marvin And Marsha Raab Familyfoundation Inc a good charity to donate to?
Marvin And Marsha Raab Familyfoundation Inc has a Mission Score of 90/100. Revenue: $2.0M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Marvin And Marsha Raab Familyfoundation Inc?
The Employer Identification Number (EIN) for Marvin And Marsha Raab Familyfoundation Inc is 203965626. 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 Marvin And Marsha Raab Familyfoundation Inc spend its money?
Marvin And Marsha Raab Familyfoundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Marvin And Marsha Raab Familyfoundation Inc's tax-exempt status?
You can verify Marvin And Marsha Raab Familyfoundation Inc's tax-exempt status using EIN 203965626 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 Marvin And Marsha Raab Familyfoundation Inc demonstrates strong financial health, consistently growing its assets from $1,369,804 in 2011 to $5,975,879 in 2023. The organization maintains minimal liabilities, often reporting only $1, which indicates sound financial management and low debt risk. Its spending efficiency is notable, with expenses consistently being a small fraction of its revenue, for example, $296,103 in expenses against $566,717 in revenue in 2023. This suggests a focus on accumulating assets for its philanthropic mission rather than high operational costs. The foundation's transparency is bolstered by its consistent IRS 990 filings over 11 periods, providing a clear historical record of its financial activities. The absence of officer compensation further enhances its image of fiscal prudence and dedication to its mission.