Quick charity verification for Mckeen Street Learning Center Inc (EIN: 10503294)
Verdict: Mckeen Street Learning Center Inc appears trustworthy
90/100Mission Score
$359KRevenue
$107KAssets
1Red Flags
5Strengths
Red Flags
Occasional minor operational deficits (e.g., 2023, 2020, 2019, 2017) where expenses slightly exceed revenue, though not severe.
Strengths
Consistent 0% officer compensation reported across all filings, indicating high efficiency or volunteer leadership.
Stable financial operations with revenues and expenses generally balancing over time.
Modest and growing asset base, demonstrating responsible financial stewardship.
Low liabilities in most years, suggesting good debt management.
Extensive filing history (13 filings) providing strong transparency.
Spending Breakdown
How Mckeen Street Learning Center Inc 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 Mckeen Street Learning Center Inc
Is Mckeen Street Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mckeen Street Learning Center Inc (EIN: 10503294) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Mckeen Street Learning Center Inc a good charity to donate to?
Mckeen Street Learning Center Inc has a Mission Score of 90/100. Revenue: $359K. Assets: $107K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mckeen Street Learning Center Inc?
The Employer Identification Number (EIN) for Mckeen Street Learning Center Inc is 10503294. 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 Mckeen Street Learning Center Inc spend its money?
Mckeen Street Learning Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mckeen Street Learning Center Inc's tax-exempt status?
You can verify Mckeen Street Learning Center Inc's tax-exempt status using EIN 10503294 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
Mckeen Street Learning Center Inc demonstrates consistent financial operations, with revenues and expenses generally balancing out over the past decade. For instance, in 2023, revenues were $349,103 against expenses of $364,116, indicating a slight operational deficit, which is common for smaller nonprofits. The organization maintains a modest asset base, growing from $72,401 in 2014 to $123,143 in 2023, suggesting prudent management of resources without accumulating excessive reserves.
The organization's spending efficiency appears strong, particularly given its consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence. The absence of significant liabilities in most years also points to sound financial management.
Transparency is high, with 13 filings available, providing a comprehensive historical view of its financial activities. The consistent reporting and lack of officer compensation contribute to a positive assessment of its financial health and commitment to its mission.