Quick charity verification for Melville Foundation (EIN: 222777140)
Verdict: Melville Foundation shows mixed signals
65/100Mission Score
$3.0MRevenue
$25.9MAssets
4Red Flags
3Strengths
Red Flags
High administrative expenses, reaching $3,211,511 in 2022, significantly outweighing program spending in some years.
Inconsistent revenue streams, with a dramatic drop from $9,502,272 in 2021 to $6,370 in 2022, then a rebound to $5,415,489 in 2023.
Lack of detailed program descriptions or impact reporting makes it difficult to assess the effectiveness of their mission.
The consistent reporting of zero compensation for all key personnel raises questions about operational structure and potential indirect benefits.
Strengths
Substantial asset base, with assets consistently above $20 million, reaching $31,078,726 in 2021.
Consistent compliance with IRS filing requirements, making financial data accessible.
Low fundraising costs, indicating efficient resource allocation for revenue generation when it occurs.
AI Transparency Report
Melville Foundation is a unknown nonprofit based in N Palm Beach, Florida, with reported revenue of $3.0M and assets of $25.9M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 40% of spending goes to programs, 50% to administration, and 10% to fundraising. The Melville Foundation consistently reports $0 in compensation for all officers, directors, trustees, and key employees across all available filings, which is unusual for an organization with significant assets. Revenue has grown +478% across 10 filing periods.