Quick charity verification for Mary Owen Borden Memorial Fund (EIN: 136137137)
Verdict: Mary Owen Borden Memorial Fund appears trustworthy
85/100Mission Score
$5.8MRevenue
$12.0MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in multiple recent periods (e.g., 2023, 2022, 2020), indicating reliance on asset drawdowns or prior surpluses.
Strengths
Consistent and substantial asset base, averaging over $10 million.
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
Minimal liabilities, often reported as $0 or $1, demonstrating strong financial management.
Long history of consistent IRS 990 filings (10 filings provided), indicating transparency.
Spending Breakdown
How Mary Owen Borden Memorial Fund allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Owen Borden Memorial Fund
Is Mary Owen Borden Memorial Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary Owen Borden Memorial Fund (EIN: 136137137) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Mary Owen Borden Memorial Fund a good charity to donate to?
Mary Owen Borden Memorial Fund has a Mission Score of 85/100. Revenue: $5.8M. Assets: $12.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mary Owen Borden Memorial Fund?
The Employer Identification Number (EIN) for Mary Owen Borden Memorial Fund is 136137137. 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 Owen Borden Memorial Fund spend its money?
Mary Owen Borden Memorial Fund allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mary Owen Borden Memorial Fund's tax-exempt status?
You can verify Mary Owen Borden Memorial Fund's tax-exempt status using EIN 136137137 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 Owen Borden Memorial Fund demonstrates consistent financial stability with substantial assets, averaging over $10 million across the past decade. While the organization's revenue has fluctuated, it has generally maintained a healthy asset base. For instance, in 2023, assets stood at $10,706,928. The fund consistently reports zero officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and efficiency. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency is challenging. The organization's liabilities have remained minimal, often reported as $0 or $1, suggesting strong financial management and low debt risk.
The fund's financial operations show periods where expenses exceeded revenue, such as in 2023 ($817,159 expenses vs. $755,119 revenue) and 2022 ($989,627 expenses vs. $809,857 revenue). This suggests that the organization may be drawing from its substantial asset base to fund its activities, which is common for endowed funds. The lack of reported officer compensation across all filings is a significant indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. To fully assess spending efficiency, a detailed breakdown of how the $817,159 in expenses for 2023 was allocated would be necessary.