Quick charity verification for Memorial High School Endowment Inc (EIN: 141897096)
Verdict: Memorial High School Endowment Inc appears trustworthy
80/100Mission Score
$18KRevenue
$566KAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Strong asset base of $565,953, indicating long-term financial stability.
Focus on endowment management suggests a sustainable model for supporting its mission.
NTEE code B11 directly aligns with supporting elementary and secondary education.
Spending Breakdown
How Memorial High School Endowment 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 Memorial High School Endowment Inc
Is Memorial High School Endowment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Memorial High School Endowment Inc (EIN: 141897096) appears trustworthy. Mission Score: 80/100. 0 red flags identified, 3 strengths noted.
Is Memorial High School Endowment Inc a good charity to donate to?
Memorial High School Endowment Inc has a Mission Score of 80/100. Revenue: $18K. Assets: $566K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Memorial High School Endowment Inc?
The Employer Identification Number (EIN) for Memorial High School Endowment Inc is 141897096. 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 High School Endowment Inc spend its money?
Memorial High School Endowment Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Memorial High School Endowment Inc's tax-exempt status?
You can verify Memorial High School Endowment Inc's tax-exempt status using EIN 141897096 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 High School Endowment Inc. demonstrates a strong financial position with over half a million dollars in assets ($565,953) and a modest but consistent latest revenue of $17,698. The organization's primary function appears to be endowment management, which typically involves lower operational overhead compared to direct service charities. Given its NTEE code (B11 - Elementary & Secondary Education), its financial health is directly tied to its ability to grow and manage these assets to support its educational mission. The relatively low revenue compared to assets suggests a focus on long-term asset growth and preservation rather than high annual fundraising for immediate program spending. Transparency would be further enhanced by reviewing detailed breakdowns of investment performance and endowment distribution policies, which are not fully discernible from the provided summary data.