Quick charity verification for Mcquade Family Foundation (EIN: 202057759)
Verdict: Mcquade Family Foundation appears trustworthy
95/100Mission Score
$2.0MRevenue
$2.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported officer compensation across all filings, indicating high efficiency.
Consistent financial surpluses in most recent periods (e.g., $1,482,321 revenue vs. $768,339 expenses in 2023).
Strong and stable asset base, with latest assets at $2,512,481.
Minimal to no liabilities reported, demonstrating excellent financial health.
Consistent filing history over 10 periods, indicating good transparency and compliance.
Spending Breakdown
How Mcquade Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Mcquade Family Foundation
Is Mcquade Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcquade Family Foundation (EIN: 202057759) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Mcquade Family Foundation a good charity to donate to?
Mcquade Family Foundation has a Mission Score of 95/100. Revenue: $2.0M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mcquade Family Foundation?
The Employer Identification Number (EIN) for Mcquade Family Foundation is 202057759. 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 Mcquade Family Foundation spend its money?
Mcquade Family Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mcquade Family Foundation's tax-exempt status?
You can verify Mcquade Family Foundation's tax-exempt status using EIN 202057759 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 Mcquade Family Foundation demonstrates consistent financial activity, with revenues fluctuating but generally exceeding expenses in most recent periods. For instance, in 2023, revenue was $1,482,321 against expenses of $768,339, indicating a healthy surplus. The organization maintains a solid asset base, reported at $2,512,481 in the latest filing, with minimal liabilities across all reported periods, often just $1 or $0. This suggests strong financial stability and responsible management of its balance sheet. The absence of reported officer compensation across all filings indicates a high degree of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and trustworthiness, as it implies that leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990, which is common for family foundations.