Inconsistent revenue and expense patterns, leading to deficits in multiple years (e.g., 2024, 2021, 2019, 2018, 2015).
Significant fluctuation in asset base, from $70,192 in 2017 to $11,466 in 2024, potentially indicating unstable financial reserves.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds and strong commitment to mission over executive pay.
No reported liabilities across all available filings, suggesting sound financial management and no debt burden.
Demonstrated ability to raise significant funds in certain years (e.g., $116,941 in 2024, $108,617 in 2020).
Spending Breakdown
How Meghans Mountain Charitablefoundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Meghans Mountain Charitablefoundation Inc
Is Meghans Mountain Charitablefoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meghans Mountain Charitablefoundation Inc (EIN: 205547814) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Meghans Mountain Charitablefoundation Inc a good charity to donate to?
Meghans Mountain Charitablefoundation Inc has a Mission Score of 70/100. Revenue: $18K. Assets: $23K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Meghans Mountain Charitablefoundation Inc?
The Employer Identification Number (EIN) for Meghans Mountain Charitablefoundation Inc is 205547814. 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 Meghans Mountain Charitablefoundation Inc spend its money?
Meghans Mountain Charitablefoundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Meghans Mountain Charitablefoundation Inc's tax-exempt status?
You can verify Meghans Mountain Charitablefoundation Inc's tax-exempt status using EIN 205547814 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
Meghans Mountain Charitablefoundation Inc demonstrates inconsistent financial performance over the past decade, with significant fluctuations in revenue and expenses. For instance, in 2024, the organization reported revenues of $116,941 but incurred expenses of $154,925, leading to a deficit. This contrasts sharply with 2023, where revenues of $30,679 exceeded expenses of $11,616. The organization consistently reports no liabilities and zero officer compensation, which are positive indicators of financial transparency and responsible governance. However, the lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising efforts. The asset base has also varied considerably, from a high of $70,192 in 2017 to a low of $11,466 in 2024, suggesting potential instability in its financial reserves. While the absence of officer compensation is a strong point for transparency, the overall financial health appears volatile, requiring closer examination of how funds are utilized to achieve its mission.