Is May M Vert Memorial Fund Legit? —…

Spending Breakdown

How May M Vert Memorial Fund allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 May M Vert Memorial Fund

Is May M Vert Memorial Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, May M Vert Memorial Fund (EIN: 146014134) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.

Is May M Vert Memorial Fund a good charity to donate to?

May M Vert Memorial Fund has a Mission Score of 60/100. Revenue: $12K. Assets: $34K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for May M Vert Memorial Fund?

The Employer Identification Number (EIN) for May M Vert Memorial Fund is 146014134. 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 May M Vert Memorial Fund spend its money?

May M Vert Memorial Fund allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify May M Vert Memorial Fund's tax-exempt status?

You can verify May M Vert Memorial Fund's tax-exempt status using EIN 146014134 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 May M Vert Memorial Fund appears to be a very small organization with limited financial activity. Its latest reported revenue is $12,204, with assets of $33,876. Over the past several years, the fund has consistently reported expenses exceeding its revenue, leading to a gradual decline in assets from $42,675 in 2011 to $33,876 in 2020. For example, in 2020, revenue was $2,927 while expenses were $3,413. This trend suggests that the organization is drawing down its principal or relying on past reserves to cover its operational costs.

Given the absence of officer compensation reported across all filings, and the minimal liabilities (often $1), the organization demonstrates a basic level of financial transparency regarding its leadership costs and debt. However, without more detailed expense breakdowns (e.g., program vs. administrative vs. fundraising), it's challenging to fully assess spending efficiency. The consistent deficit spending is a notable financial characteristic.

Overall, the fund operates on a very modest scale, and its financial health is characterized by a slow but steady depletion of assets due to expenses consistently outpacing revenue. Its transparency is adequate for its size, particularly concerning executive compensation, but a lack of detailed expense categorization limits a deeper analysis of spending efficiency.

Is May M Vert Memorial Fund Legit?

Verdict: May M Vert Memorial Fund shows mixed signals

Red Flags

Strengths