Quick charity verification for Memorial Day Nursery (EIN: 221487580)
Verdict: Memorial Day Nursery appears trustworthy
75/100Mission Score
$6.0MRevenue
$4.3MAssets
3Red Flags
4Strengths
Red Flags
Lack of detailed executive compensation disclosure in provided data.
Limited public information on specific program impact metrics.
No clear policy on conflicts of interest for board members.
Strengths
Consistently strong revenue generation over the past several years, indicating stable support.
High percentage of spending allocated to programs (88%), suggesting a focus on direct services.
Positive net assets growth from $2,429,454 in 2016 to $3,719,553 in 2023, demonstrating financial stability.
Long operational history (since 1916) suggests established community trust and experience.
Spending Breakdown
How Memorial Day Nursery allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 Memorial Day Nursery
Is Memorial Day Nursery a legitimate charity?
Based on AI analysis of IRS 990 filings, Memorial Day Nursery (EIN: 221487580) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Memorial Day Nursery a good charity to donate to?
Memorial Day Nursery has a Mission Score of 75/100. Revenue: $6.0M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Memorial Day Nursery?
The Employer Identification Number (EIN) for Memorial Day Nursery is 221487580. 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 Memorial Day Nursery spend its money?
Memorial Day Nursery allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Memorial Day Nursery's tax-exempt status?
You can verify Memorial Day Nursery's tax-exempt status using EIN 221487580 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
Memorial Day Nursery is a human services nonprofit based in Paterson, New Jersey, with reported revenue of $6.0M and assets of $4.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 88% of spending goes to programs, 7% to administration, and 5% to fundraising. Executive compensation for Memorial Day Nursery is not explicitly detailed in the provided data, making a specific assessment difficult without further financial filings. Revenue has grown +34% across 13 filing periods.