Is Masin Family Foundation Legit?

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

Strengths

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.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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