Is Mayer Family Foundation Legit?

Spending Breakdown

How Mayer Family Foundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

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 Mayer Family Foundation

Is Mayer Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Mayer Family Foundation (EIN: 133531984) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Mayer Family Foundation a good charity to donate to?

Mayer Family Foundation has a Mission Score of 90/100. Revenue: $8.4M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mayer Family Foundation?

The Employer Identification Number (EIN) for Mayer Family Foundation is 133531984. 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 Mayer Family Foundation spend its money?

Mayer Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mayer Family Foundation's tax-exempt status?

You can verify Mayer Family Foundation's tax-exempt status using EIN 133531984 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 Mayer Family Foundation demonstrates a generally healthy financial position, with assets consistently growing over the past few years, reaching $4,186,345 in the 202312 period. The foundation's revenue has fluctuated, with a notable negative revenue of $-1,703,707 in 202003, which could indicate investment losses or significant asset revaluation, but has since recovered to $1,568,505 in 202312. The organization appears to be a grant-making foundation, as indicated by its low expenses relative to revenue in many periods and the absence of officer compensation, suggesting a lean operational structure. This structure inherently promotes spending efficiency by minimizing administrative overhead.

Spending efficiency is high, as evidenced by the consistent 0% officer compensation across all reported periods, indicating that the foundation's resources are directed entirely towards its charitable activities rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the overall expense levels, such as $811,220 in 202312 against $1,568,505 in revenue, suggest a significant portion of funds are being disbursed. The foundation's liabilities have remained minimal, often $1 or $0, except for a $500,000 liability in 202212, which was subsequently reduced, indicating sound financial management and low debt risk.

Transparency is good given the consistent filing of IRS Form 990s, which provides public access to their financial data. The absence of officer compensation is a strong indicator of a focus on mission over internal remuneration. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency towards its stated mission is limited. The foundation's consistent asset growth and minimal liabilities point to a well-managed and financially stable entity, likely focused on long-term philanthropic impact.

Verdict: Mayer Family Foundation appears trustworthy

Red Flags

Strengths