Quick charity verification for Mcsweeny Family Foundation (EIN: 203451032)
Verdict: Mcsweeny Family Foundation appears trustworthy
90/100Mission Score
$3.4MRevenue
$5.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth from $1.45M in 2011 to $3.84M in 2023.
Zero officer compensation reported across all ten filings, indicating high efficiency.
Minimal liabilities ($1 reported in most years), demonstrating strong financial health.
Significant revenue growth, especially from $234,100 in 2021 to $876,584 in 2023.
Consistent IRS 990 filing history over a decade, showing commitment to transparency.
Spending Breakdown
How Mcsweeny 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 Mcsweeny Family Foundation
Is Mcsweeny Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcsweeny Family Foundation (EIN: 203451032) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Mcsweeny Family Foundation a good charity to donate to?
Mcsweeny Family Foundation has a Mission Score of 90/100. Revenue: $3.4M. Assets: $5.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mcsweeny Family Foundation?
The Employer Identification Number (EIN) for Mcsweeny Family Foundation is 203451032. 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 Mcsweeny Family Foundation spend its money?
Mcsweeny Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mcsweeny Family Foundation's tax-exempt status?
You can verify Mcsweeny Family Foundation's tax-exempt status using EIN 203451032 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 Mcsweeny Family Foundation demonstrates a strong financial position, with its assets growing significantly from $1,455,453 in 2011 to $3,848,434 in 2023. The organization consistently maintains minimal liabilities, often reported as just $1, indicating sound financial management and low debt risk. Revenue has shown substantial growth, particularly in recent years, jumping from $234,100 in 2021 to $876,584 in 2023. This growth in revenue, coupled with controlled expenses, suggests increasing capacity for programmatic activities.
While specific program spending percentages are not detailed in the provided data, the consistent reporting of zero officer compensation across all filings is a notable strength, indicating that administrative costs related to executive salaries are non-existent. This practice generally points to a high degree of spending efficiency, as more funds can be directed towards the foundation's mission. The foundation's consistent filing history over a decade also suggests a commitment to transparency and regulatory compliance.
Overall, the Mcsweeny Family Foundation appears to be a financially healthy and well-managed organization. Its growth in assets and revenue, coupled with negligible liabilities and zero executive compensation, paints a picture of a foundation focused on its mission with efficient resource allocation. Further analysis of detailed expense breakdowns would provide a more precise understanding of its program spending ratio.