Quick charity verification for Masters Craft Foundation Inc (EIN: 202068416)
Verdict: Masters Craft Foundation Inc appears trustworthy
85/100Mission Score
$384KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient resource allocation.
Strong asset base consistently over $900,000, demonstrating financial stability.
Extremely low liabilities (often $1 or $0) across all filings, indicating minimal debt.
Expenses generally well below revenue, allowing for asset growth and sustainability.
Consistent filing of IRS Form 990s, demonstrating transparency and accountability.
Spending Breakdown
How Masters Craft Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Masters Craft Foundation Inc
Is Masters Craft Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Masters Craft Foundation Inc (EIN: 202068416) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Masters Craft Foundation Inc a good charity to donate to?
Masters Craft Foundation Inc has a Mission Score of 85/100. Revenue: $384K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Masters Craft Foundation Inc?
The Employer Identification Number (EIN) for Masters Craft Foundation Inc is 202068416. 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 Masters Craft Foundation Inc spend its money?
Masters Craft Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Masters Craft Foundation Inc's tax-exempt status?
You can verify Masters Craft Foundation Inc's tax-exempt status using EIN 202068416 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
Masters Craft Foundation Inc demonstrates consistent financial stability with assets consistently over $900,000 and low liabilities, often reported as $1 or $0. The organization's revenue has fluctuated over the years, with a notable peak of $220,979 in 2014 and a recent high of $218,110 in 2022, but also periods of lower revenue such as $49,966 in 2012. Expenses have generally remained well below revenue, indicating sound financial management and an ability to build reserves. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical financial record. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership structure, which can be a positive indicator of resource allocation directly to mission-related activities.