Quick charity verification for Medicare Rights Center Inc (EIN: 133505372)
Verdict: Medicare Rights Center Inc appears trustworthy
88/100Mission Score
$5.5MRevenue
$6.5MAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $378,270 in 2022 to $1,660,699 in 2023, requiring further investigation.
Strengths
Consistent growth in assets, from $2,110,996 in 2014 to $6,234,533 in 2023.
Positive net income in most years, indicating financial stability (e.g., 2023: Revenue $4,289,491 vs. Expenses $4,095,816).
No reported officer compensation across all filings, suggesting high transparency or very low executive pay.
Stable revenue generation over the past decade, demonstrating consistent donor support or funding.
Spending Breakdown
How Medicare Rights Center Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Medicare Rights Center Inc
Is Medicare Rights Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Medicare Rights Center Inc (EIN: 133505372) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Medicare Rights Center Inc a good charity to donate to?
Medicare Rights Center Inc has a Mission Score of 88/100. Revenue: $5.5M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Medicare Rights Center Inc?
The Employer Identification Number (EIN) for Medicare Rights Center Inc is 133505372. 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 Medicare Rights Center Inc spend its money?
Medicare Rights Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Medicare Rights Center Inc's tax-exempt status?
You can verify Medicare Rights Center Inc's tax-exempt status using EIN 133505372 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 Medicare Rights Center Inc demonstrates generally sound financial health, with consistent revenue generation and a positive trend in net assets over the past several years. For instance, assets grew from $2,110,996 in 2014 to $6,234,533 in 2023. The organization consistently spends a high proportion of its expenses on program services, indicating efficient use of funds towards its mission. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the overall financial picture suggests a focus on program delivery. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial management, suggesting that executive compensation is either very low or not reported in the 'officer compensation' category, which warrants further investigation in the full 990 forms.