Quick charity verification for Masin Family Foundation (EIN: 205865194)
Verdict: Masin Family Foundation appears trustworthy
92/100Mission Score
$710KRevenue
$2.1MAssets
1Red Flags
4Strengths
Red Flags
Negative revenue reported in 202209 ($-17,158), which could indicate investment losses or accounting adjustments.
Strengths
Consistent zero officer compensation across all filings.
Strong asset growth, reaching $2,109,398 in the latest period.
Significant positive net income in the most recent filing (202309: Revenue $695,644 vs. Expenses $205,800).
Long history of IRS 990 filings (10 filings) indicating transparency and consistent reporting.
Spending Breakdown
How Masin Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Masin Family Foundation
Is Masin Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Masin Family Foundation (EIN: 205865194) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Masin Family Foundation a good charity to donate to?
Masin Family Foundation has a Mission Score of 92/100. Revenue: $710K. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Masin Family Foundation?
The Employer Identification Number (EIN) for Masin Family Foundation is 205865194. 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 Masin Family Foundation spend its money?
Masin Family Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Masin Family Foundation's tax-exempt status?
You can verify Masin Family Foundation's tax-exempt status using EIN 205865194 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 Masin Family Foundation demonstrates strong financial health, particularly in its most recent filing period (202309) where revenue significantly outpaced expenses ($695,644 vs. $205,800), leading to a substantial increase in assets to $1,754,379. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds and a commitment to its mission without excessive administrative overhead. While the NTEE code T22 suggests a grantmaking foundation, a detailed breakdown of program spending versus administrative and fundraising costs is not explicitly provided in the summary data, making a precise assessment of spending efficiency challenging without further detail. However, the consistent growth in assets and positive net income in most recent years suggest sound financial management. The foundation's transparency is good given the availability of 10 years of 990 filings, allowing for a historical review of its financial activities.