Is Mary Kathryn Snider Charitable Remainder…

Quick charity verification for Mary Kathryn Snider Charitable Remainder Unitrust (EIN: 10837020)

Spending Breakdown

How Mary Kathryn Snider Charitable Remainder Unitrust allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Kathryn Snider Charitable Remainder Unitrust

Is Mary Kathryn Snider Charitable Remainder Unitrust a legitimate charity?

Based on AI analysis of IRS 990 filings, Mary Kathryn Snider Charitable Remainder Unitrust (EIN: 10837020) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Mary Kathryn Snider Charitable Remainder Unitrust a good charity to donate to?

Mary Kathryn Snider Charitable Remainder Unitrust has a Mission Score of 75/100. Revenue: $46K. Assets: $505K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mary Kathryn Snider Charitable Remainder Unitrust?

The Employer Identification Number (EIN) for Mary Kathryn Snider Charitable Remainder Unitrust is 10837020. 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 Kathryn Snider Charitable Remainder Unitrust spend its money?

Mary Kathryn Snider Charitable Remainder Unitrust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mary Kathryn Snider Charitable Remainder Unitrust's tax-exempt status?

You can verify Mary Kathryn Snider Charitable Remainder Unitrust's tax-exempt status using EIN 10837020 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 Kathryn Snider Charitable Remainder Unitrust appears to be a relatively small charitable trust, as indicated by its NTEE code T22 (Charitable Remainder Trusts). Its financial health shows some volatility in revenue, with significant fluctuations, including negative revenue in 2022 and 2012. Despite these fluctuations, the trust has maintained a substantial asset base, currently at $505,248, though it has seen a decline from a peak of $719,141 in 2020. The trust consistently reports minimal liabilities ($1 in recent years), suggesting a stable financial structure in that regard.

Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, the trust consistently spends more than its annual revenue in most periods, for example, $66,304 in expenses against $23,319 in revenue in 2023. This suggests that the trust is distributing funds from its principal or accumulated gains, which is typical for a charitable remainder unitrust. The absence of officer compensation indicates a lean operational structure, which is a positive for efficiency. Transparency is generally good given the availability of 990 filings, and the consistent reporting of zero officer compensation is a clear indicator of its operational model.

Overall, while the trust's revenue can be inconsistent, its asset base remains significant, and its operational costs appear low due to no reported officer compensation. The primary function of such a trust is to provide income to beneficiaries for a period and then distribute the remainder to charity, which aligns with its spending patterns exceeding annual revenue.

Is Mary Kathryn Snider Charitable Remainder Unitrust Legit?

Verdict: Mary Kathryn Snider Charitable Remainder Unitrust appears trustworthy

Red Flags

Strengths