Is Mckinney Geib Foundation Inc Legit?

Quick charity verification for Mckinney Geib Foundation Inc (EIN: 202017121)

Verdict: Mckinney Geib Foundation Inc shows mixed signals

45/100Mission Score
$666KRevenue
$1.6MAssets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Mckinney Geib Foundation Inc allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Mckinney Geib Foundation Inc

Is Mckinney Geib Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mckinney Geib Foundation Inc (EIN: 202017121) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

Is Mckinney Geib Foundation Inc a good charity to donate to?

Mckinney Geib Foundation Inc has a Mission Score of 45/100. Revenue: $666K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mckinney Geib Foundation Inc?

The Employer Identification Number (EIN) for Mckinney Geib Foundation Inc is 202017121. 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 Mckinney Geib Foundation Inc spend its money?

Mckinney Geib Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mckinney Geib Foundation Inc's tax-exempt status?

You can verify Mckinney Geib Foundation Inc's tax-exempt status using EIN 202017121 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 Mckinney Geib Foundation Inc. exhibits a concerning financial trend with expenses consistently exceeding revenue in recent years, leading to a significant decline in assets. For instance, in 2020, revenue was $196,465 while expenses were $545,658, and assets decreased from $1,950,003 in 2019 to $1,601,199 in 2020. This pattern of deficit spending is evident across multiple periods, with assets declining from $4,661,835 in 2009 to $1,601,199 in 2020. The organization's ability to sustain its operations long-term given this trend is questionable. While the provided data indicates 0% officer compensation across all reported periods, which suggests good stewardship regarding executive pay, the overall financial health is weak due to the consistent net losses. Without a detailed breakdown of expenses (program, administrative, fundraising), it's difficult to fully assess spending efficiency. However, the substantial and continuous draw-down on assets to cover operational costs is a significant red flag. Transparency regarding executive compensation is excellent with 0% reported. However, the lack of detailed expense categories in the provided data limits a full assessment of spending efficiency. The consistent decline in assets over more than a decade suggests a need for a revised financial strategy to ensure sustainability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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