Is Mcqueen Family Foundation Charles R Mcqueen Legit?

Quick charity verification for Mcqueen Family Foundation Charles R Mcqueen (EIN: 205436191)

Verdict: Mcqueen Family Foundation Charles R Mcqueen appears trustworthy

70/100Mission Score

$0Revenue

$0Assets

3Red Flags

3Strengths

Red Flags

Occasional significant expense overruns (e.g., 2015 expenses double revenue, 2011 expenses significantly higher than revenue).
Latest filing shows $0 revenue and $0 assets, raising questions about current operational status.
Lack of detailed expense breakdown in provided data limits full assessment of spending efficiency.

Strengths

Consistent asset base maintained over several years, indicating financial stability.
0% officer compensation reported, suggesting low executive overhead.
Consistent IRS 990 filing history, indicating transparency in reporting.

Spending Breakdown

How Mcqueen Family Foundation Charles R Mcqueen allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Mcqueen Family Foundation Charles R Mcqueen

Is Mcqueen Family Foundation Charles R Mcqueen a legitimate charity?

Based on AI analysis of IRS 990 filings, Mcqueen Family Foundation Charles R Mcqueen (EIN: 205436191) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Mcqueen Family Foundation Charles R Mcqueen a good charity to donate to?

Mcqueen Family Foundation Charles R Mcqueen has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mcqueen Family Foundation Charles R Mcqueen?

The Employer Identification Number (EIN) for Mcqueen Family Foundation Charles R Mcqueen is 205436191. 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 Mcqueen Family Foundation Charles R Mcqueen spend its money?

Mcqueen Family Foundation Charles R Mcqueen allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mcqueen Family Foundation Charles R Mcqueen's tax-exempt status?

You can verify Mcqueen Family Foundation Charles R Mcqueen's tax-exempt status using EIN 205436191 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 Mcqueen Family Foundation Charles R Mcqueen appears to be a private foundation with a relatively small operational footprint, as indicated by its consistent revenue and expense figures over the past five years. The foundation's financial health shows a pattern of expenses occasionally exceeding revenue, notably in 2015 where expenses were $60,136 against revenues of $30,069, and in 2011 where expenses were $44,332 against revenues of $1,888. Despite these fluctuations, the foundation has maintained a stable asset base, ranging from $550,714 to $644,433, with minimal liabilities, suggesting a conservative financial management approach. The latest filing shows $0 revenue and $0 assets, which could indicate a period of inactivity or a change in reporting structure, warranting further investigation.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent lack of reported officer compensation across all filings suggests that the foundation operates with a low overhead in terms of executive salaries. The primary financial activity seems to revolve around managing its asset base and distributing funds, rather than extensive fundraising or large-scale program operations. The foundation's transparency is generally good, with consistent IRS 990 filings, but the lack of detailed expense categorization in the provided data limits a deeper analysis of its spending efficiency.

The foundation's financial activity, particularly the recent $0 revenue and assets, raises questions about its current operational status. While past filings show a consistent, albeit modest, level of activity, the latest data point suggests a significant change. This could be due to a winding down of operations, a change in reporting, or a period of dormancy. Further details on the nature of its expenses would be crucial for a comprehensive assessment of its program effectiveness and overall financial health.

View Full Transparency Report →

Disclaimer

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