Quick charity verification for Mcmullen Family Foundation (EIN: 133721747)
Verdict: Mcmullen Family Foundation appears trustworthy
85/100Mission Score
$8.2MRevenue
$27.1MAssets
2Red Flags
5Strengths
Red Flags
NTEE Code Unknown: Lack of specific NTEE code makes it difficult to understand the organization's mission and compare its performance to peers.
Limited Expense Detail: Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Strengths
Strong Asset Growth: Assets have grown significantly from $19,075,473 in 2021 to $24,597,660 in 2024, indicating robust financial health.
Minimal Liabilities: Consistently reports liabilities of $1, demonstrating excellent financial stability and low debt.
No Officer Compensation: 0% officer compensation across all filings indicates highly efficient use of funds and a volunteer-driven leadership.
High Programmatic Potential: With expenses consistently much lower than revenue and assets, a large portion of funds are available for mission-related activities.
Consistent IRS 990 Filings: A history of 11 filings demonstrates good compliance and transparency.
Spending Breakdown
How Mcmullen Family Foundation 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 Mcmullen Family Foundation
Is Mcmullen Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcmullen Family Foundation (EIN: 133721747) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Mcmullen Family Foundation a good charity to donate to?
Mcmullen Family Foundation has a Mission Score of 85/100. Revenue: $8.2M. Assets: $27.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mcmullen Family Foundation?
The Employer Identification Number (EIN) for Mcmullen Family Foundation is 133721747. 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 Mcmullen Family Foundation spend its money?
Mcmullen Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mcmullen Family Foundation's tax-exempt status?
You can verify Mcmullen Family Foundation's tax-exempt status using EIN 133721747 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 Mcmullen Family Foundation demonstrates strong financial health, with its assets growing significantly from $19,075,473 in 2021 to $24,597,660 in 2024. The organization consistently maintains minimal liabilities, often reported as $1, indicating a very stable financial position. Revenue has shown considerable fluctuation, with a notable peak of $6,341,470 in 2024, following lower figures in previous years. This suggests a reliance on investment returns or large, infrequent contributions rather than consistent program service revenue.
The foundation's spending efficiency appears high, as total expenses are consistently a small fraction of its revenue and asset base. For instance, in 2024, expenses were $1,224,715 against revenue of $6,341,470. The absence of reported officer compensation across all filings indicates that the foundation operates with a volunteer or unpaid leadership structure, which significantly reduces administrative overhead and maximizes funds available for its mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing of IRS Form 990s. The lack of reported officer compensation is a positive indicator of resource allocation. However, the NTEE code is unknown, which limits understanding of its specific programmatic focus. Further detail on the allocation of its expenses beyond total expenses would enhance transparency and allow for a more granular analysis of its operational efficiency and program impact.