Quick charity verification for Mcgown Family Foundation Inc (EIN: 203828486)
Verdict: Mcgown Family Foundation Inc shows mixed signals
65/100Mission Score
$1KRevenue
$25KAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending, with expenses frequently exceeding revenue (e.g., $1,720 expenses vs. $976 revenue in 2023).
Declining asset base over the past decade, from $43,717 in 2011 to $26,010 in 2023, indicating a diminishing capacity.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Consistent filing of IRS Form 990, demonstrating compliance and transparency.
Very low liabilities, consistently reported as $0 or $1, indicating strong financial solvency in terms of debt.
Spending Breakdown
How Mcgown Family Foundation 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 Mcgown Family Foundation Inc
Is Mcgown Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcgown Family Foundation Inc (EIN: 203828486) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Mcgown Family Foundation Inc a good charity to donate to?
Mcgown Family Foundation Inc has a Mission Score of 65/100. Revenue: $1K. Assets: $25K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mcgown Family Foundation Inc?
The Employer Identification Number (EIN) for Mcgown Family Foundation Inc is 203828486. 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 Mcgown Family Foundation Inc spend its money?
Mcgown Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mcgown Family Foundation Inc's tax-exempt status?
You can verify Mcgown Family Foundation Inc's tax-exempt status using EIN 203828486 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 Mcgown Family Foundation Inc appears to be a very small private foundation, as indicated by its consistently low annual revenues, which have rarely exceeded $1,000 in recent years, with the exception of 2021. The organization's expenses frequently outpace its revenue, as seen in 2023 where expenses were $1,720 against revenues of $976, and in 2022 with expenses of $4,421 against revenues of $798. This consistent deficit spending suggests the foundation is drawing down its assets over time, which have decreased from $43,717 in 2011 to $26,010 in 2023. Given its small scale and the nature of a family foundation, detailed breakdowns of program, administrative, and fundraising expenses are not typically available or significant for such entities, making a traditional spending efficiency analysis challenging. However, the absence of officer compensation indicates good stewardship regarding executive pay.
Transparency for a private foundation of this size is generally met through its annual 990 filings. The consistent filing history demonstrates compliance. The primary financial characteristic is its operation as a grant-making entity with limited incoming funds, relying on its existing asset base. The consistent decline in assets over the past decade, from $43,717 in 2011 to $26,010 in 2023, suggests a long-term trend of distributing more than it receives in contributions or investment income. This is not necessarily a red flag for a private foundation if it aligns with its intended lifespan or distribution strategy, but it does highlight a diminishing capacity over time.