Is Medical Alert Monitoringassociation Legit?

Quick charity verification for Medical Alert Monitoringassociation (EIN: 208098207)

Verdict: Medical Alert Monitoringassociation appears trustworthy

85/100Mission Score
$263KRevenue
$292KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Medical Alert Monitoringassociation allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Medical Alert Monitoringassociation

Is Medical Alert Monitoringassociation a legitimate charity?

Based on AI analysis of IRS 990 filings, Medical Alert Monitoringassociation (EIN: 208098207) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Medical Alert Monitoringassociation a good charity to donate to?

Medical Alert Monitoringassociation has a Mission Score of 85/100. Revenue: $263K. Assets: $292K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Medical Alert Monitoringassociation?

The Employer Identification Number (EIN) for Medical Alert Monitoringassociation is 208098207. 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 Medical Alert Monitoringassociation spend its money?

Medical Alert Monitoringassociation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Medical Alert Monitoringassociation's tax-exempt status?

You can verify Medical Alert Monitoringassociation's tax-exempt status using EIN 208098207 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

Medical Alert Monitoringassociation demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $180,000 annually. The organization has shown growth in assets, increasing from $220,934 in 2014 to $333,842 in 2023, indicating a healthy accumulation of resources. However, the most recent filing (2023) shows a significant increase in liabilities to $324, which, while small in absolute terms, is a notable change from previous years where liabilities were often reported as $0. This warrants closer monitoring to ensure it doesn't become a trend. The organization's spending efficiency appears to be reasonable, with expenses generally tracking below or close to revenue, allowing for asset growth. For instance, in 2023, expenses were $206,515 against revenues of $232,711, indicating a surplus. A key strength in transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that leadership is not drawing salaries from the organization, or at least not reporting it as officer compensation, which is a positive indicator for donor trust. The NTEE code S41 (Medical Research) suggests a focus on a specific program area, which aligns with a mission-driven approach. While the overall financial health appears sound, the lack of detailed expense breakdowns (e.g., program vs. administrative vs. fundraising) in the provided data makes a precise assessment of spending efficiency challenging. The consistent growth in assets, coupled with no reported officer compensation, paints a picture of an organization that is managing its resources prudently and appears to be focused on its mission. The recent increase in liabilities, though minor, is a point to watch.

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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