Quick charity verification for Mary And Pete Mark Family Foundation (EIN: 201592254)
Verdict: Mary And Pete Mark Family Foundation appears trustworthy
90/100Mission Score
$671KRevenue
$7.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset base ($7,232,362 in 202312) providing long-term stability.
Consistently low operational expenses relative to assets and revenue, indicating efficiency.
Zero reported officer compensation across all filings, suggesting volunteer leadership or highly efficient administrative structure.
Minimal liabilities ($1 across recent filings), indicating sound financial management.
Consistent filing history demonstrating transparency and compliance.
Spending Breakdown
How Mary And Pete Mark Family Foundation 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 Mary And Pete Mark Family Foundation
Is Mary And Pete Mark Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary And Pete Mark Family Foundation (EIN: 201592254) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Mary And Pete Mark Family Foundation a good charity to donate to?
Mary And Pete Mark Family Foundation has a Mission Score of 90/100. Revenue: $671K. Assets: $7.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mary And Pete Mark Family Foundation?
The Employer Identification Number (EIN) for Mary And Pete Mark Family Foundation is 201592254. 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 Mary And Pete Mark Family Foundation spend its money?
Mary And Pete Mark Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mary And Pete Mark Family Foundation's tax-exempt status?
You can verify Mary And Pete Mark Family Foundation's tax-exempt status using EIN 201592254 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 Mary And Pete Mark Family Foundation demonstrates strong financial health with substantial assets, totaling $7,232,362 in the latest filing (202312). As a private foundation, its primary function is to disburse grants, and its operational expenses are consistently low. For instance, in 202312, expenses were $70,229 against revenues of $195,088, indicating efficient management of its grant-making activities. The foundation's revenue has fluctuated significantly, with a peak of $1,470,970 in 202212, suggesting reliance on investment returns or large contributions rather than consistent public fundraising. The consistent reporting of zero officer compensation across all available filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence and efficiency. The foundation's liabilities are consistently reported as minimal ($1), further underscoring its stable financial position.