Is Mccarton Foundation For Developmental Disabilities Inc Legit?
Quick charity verification for Mccarton Foundation For Developmental Disabilities Inc (EIN: 20568114)
Verdict: Mccarton Foundation For Developmental Disabilities Inc appears trustworthy
95/100Mission Score
$11.7MRevenue
$17.5MAssets
2Red Flags
4Strengths
Red Flags
Expenses slightly exceeded revenue in the 2023 filing, leading to a net deficit for the period.
Significant increase in liabilities in 2023 (to $18,209,928) warrants further investigation into the nature of these obligations.
Strengths
Exceptional transparency and commitment to mission with 0% officer compensation reported across all filings.
Demonstrated rapid growth in revenue and assets, indicating increasing capacity and impact.
Strong program focus, as evidenced by the lack of executive compensation, allowing more funds for direct services.
Consistent revenue growth from $219,238 in 2017 to over $11 million in 2023.
Spending Breakdown
How Mccarton Foundation For Developmental Disabilities 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 Mccarton Foundation For Developmental Disabilities Inc
Is Mccarton Foundation For Developmental Disabilities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mccarton Foundation For Developmental Disabilities Inc (EIN: 20568114) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
Is Mccarton Foundation For Developmental Disabilities Inc a good charity to donate to?
Mccarton Foundation For Developmental Disabilities Inc has a Mission Score of 95/100. Revenue: $11.7M. Assets: $17.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mccarton Foundation For Developmental Disabilities Inc?
The Employer Identification Number (EIN) for Mccarton Foundation For Developmental Disabilities Inc is 20568114. 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 Mccarton Foundation For Developmental Disabilities Inc spend its money?
Mccarton Foundation For Developmental Disabilities Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mccarton Foundation For Developmental Disabilities Inc's tax-exempt status?
You can verify Mccarton Foundation For Developmental Disabilities Inc's tax-exempt status using EIN 20568114 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 Mccarton Foundation For Developmental Disabilities Inc demonstrates a significant growth trajectory, with revenue increasing from $219,238 in 2017 to $11,841,937 in 2023. This rapid expansion is also reflected in its assets, which grew from $30,540 to $19,127,210 over the same period. While the organization has shown strong revenue growth, the 2023 filing indicates expenses of $12,002,057 slightly exceeded revenue of $11,841,937, resulting in a net deficit for that period. However, the 2022 filing showed a healthy surplus with revenue of $10,690,517 against expenses of $9,434,594.
The organization's financial health appears to be in a period of substantial scaling, which can sometimes lead to temporary deficits as investments are made. The significant increase in assets and liabilities, particularly in 2023, suggests considerable capital investment or expansion activities. The consistent reporting of 0% officer compensation across all available filings is a notable positive for transparency and indicates that executive leadership is not drawing a salary from the organization, which is highly unusual and commendable. This suggests a strong commitment to directing funds towards the mission rather than administrative overhead related to executive pay.
Overall, the Mccarton Foundation exhibits strong program focus given the lack of officer compensation, and its rapid growth suggests increasing impact. However, continued monitoring of the revenue-to-expense ratio is warranted to ensure long-term financial stability, especially after the 2023 deficit. The substantial increase in liabilities in 2023 also merits attention to understand the nature of these obligations and their potential impact on future financial flexibility.