Quick charity verification for Mcbride Foundation (EIN: 202144771)
Verdict: Mcbride Foundation appears trustworthy
80/100Mission Score
$132KRevenue
$190KAssets
2Red Flags
3Strengths
Red Flags
Consistent trend of expenses exceeding revenue in recent years (e.g., $110,968 expenses vs. $82,296 revenue in 2023), leading to asset depletion.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-led or highly lean administrative structure.
Relatively low liabilities compared to assets, suggesting a healthy balance sheet.
Long operational history with 13 filings, demonstrating sustained commitment.
Spending Breakdown
How Mcbride Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Mcbride Foundation
Is Mcbride Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcbride Foundation (EIN: 202144771) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Mcbride Foundation a good charity to donate to?
Mcbride Foundation has a Mission Score of 80/100. Revenue: $132K. Assets: $190K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mcbride Foundation?
The Employer Identification Number (EIN) for Mcbride Foundation is 202144771. 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 Mcbride Foundation spend its money?
Mcbride Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mcbride Foundation's tax-exempt status?
You can verify Mcbride Foundation's tax-exempt status using EIN 202144771 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 Mcbride Foundation demonstrates a consistent operational presence, with revenues fluctuating but generally in the range of $82,296 to $213,884 over the past decade. The organization's assets have seen a gradual decline from a high of $287,876 in 2015 to $189,617 in 2023, while liabilities have remained relatively low, indicating a stable balance sheet. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure, contributing positively to spending efficiency.
However, the foundation has frequently operated with expenses exceeding revenue, as seen in 2023 ($110,968 expenses vs. $82,296 revenue) and 2022 ($112,731 expenses vs. $104,224 revenue), leading to a draw-down on assets. While this isn't uncommon for nonprofits utilizing reserves, a sustained trend could impact long-term financial health. The lack of detailed expense breakdowns (program, administrative, fundraising) in the provided data makes a precise assessment of spending efficiency challenging, but the absence of officer compensation is a strong indicator of low administrative overhead.
Overall, the Mcbride Foundation appears to be a transparent organization, particularly regarding executive compensation. Its financial health, while stable, shows a trend of expenses outpacing revenue in recent years, which warrants monitoring. The organization's ability to maintain operations with no reported officer compensation is a significant strength, suggesting a high proportion of resources could be directed towards its mission.