Is Matthew J & Anne Smith Fnd Inc 736 74 E02 Legit?
Quick charity verification for Matthew J & Anne Smith Fnd Inc 736 74 E02 (EIN: 20536250)
Verdict: Matthew J & Anne Smith Fnd Inc 736 74 E02 appears trustworthy
85/100Mission Score
$1.3MRevenue
$4.5MAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in the most recent filing period (202402), with $497,769 in expenses against $382,611 in revenue.
Strengths
Consistent and substantial asset base, reaching $4,499,338 in the latest period.
Zero officer compensation reported across all filings, indicating efficient use of funds.
Minimal liabilities ($0 or $1) across all reported periods, demonstrating strong financial health.
Long history of consistent IRS 990 filings, indicating good transparency and compliance.
As a private grantmaking foundation (NTEE T22), its primary focus is typically direct grant distribution, aligning with high program spending.
Spending Breakdown
How Matthew J & Anne Smith Fnd Inc 736 74 E02 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 Matthew J & Anne Smith Fnd Inc 736 74 E02
Is Matthew J & Anne Smith Fnd Inc 736 74 E02 a legitimate charity?
Based on AI analysis of IRS 990 filings, Matthew J & Anne Smith Fnd Inc 736 74 E02 (EIN: 20536250) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Matthew J & Anne Smith Fnd Inc 736 74 E02 a good charity to donate to?
Matthew J & Anne Smith Fnd Inc 736 74 E02 has a Mission Score of 85/100. Revenue: $1.3M. Assets: $4.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Matthew J & Anne Smith Fnd Inc 736 74 E02?
The Employer Identification Number (EIN) for Matthew J & Anne Smith Fnd Inc 736 74 E02 is 20536250. 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 Matthew J & Anne Smith Fnd Inc 736 74 E02 spend its money?
Matthew J & Anne Smith Fnd Inc 736 74 E02 allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Matthew J & Anne Smith Fnd Inc 736 74 E02's tax-exempt status?
You can verify Matthew J & Anne Smith Fnd Inc 736 74 E02's tax-exempt status using EIN 20536250 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 Matthew J & Anne Smith Fnd Inc demonstrates consistent financial stability with assets consistently above $4 million, reaching $4,499,338 in the latest period. The organization's revenue has fluctuated, with a notable increase to $1,259,340 in the latest reported period, significantly higher than previous years. Expenses have generally remained below revenue, indicating sound financial management, though the 202402 period saw expenses ($497,769) exceed revenue ($382,611). The foundation's liabilities have consistently been minimal ($0 or $1), suggesting a very healthy balance sheet and low financial risk.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent positive net assets and the absence of officer compensation suggest that resources are likely directed towards the foundation's mission rather than executive salaries. The foundation's NTEE code T22 (Private Grantmaking Foundations) implies its primary activity is grantmaking, which typically involves lower administrative overhead compared to direct service charities.
Transparency appears strong given the consistent filing of IRS Form 990s over a decade. The absence of officer compensation is a positive indicator of resource allocation. To further enhance transparency, a more detailed public breakdown of how expenses are categorized (program, administrative, fundraising) would be beneficial for external analysis, although for a private foundation, this level of detail is often less critical than for public charities relying on broad public donations.