Quick charity verification for Merri Loo Community Preschool Inc (EIN: 20275201)
Verdict: Merri Loo Community Preschool Inc appears trustworthy
92/100Mission Score
$134KRevenue
$70KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported officer compensation across all filings, indicating high efficiency.
Consistent financial reporting with 11 IRS 990 filings, demonstrating transparency.
Minimal to zero liabilities reported in most recent periods, indicating strong financial health.
Stable asset base (e.g., $63,811 in 202306) relative to its operational size.
Consistent revenue growth over the past decade, from $55,788 in 201306 to $84,239 in 202306.
Spending Breakdown
How Merri Loo Community Preschool Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Merri Loo Community Preschool Inc
Is Merri Loo Community Preschool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Merri Loo Community Preschool Inc (EIN: 20275201) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Merri Loo Community Preschool Inc a good charity to donate to?
Merri Loo Community Preschool Inc has a Mission Score of 92/100. Revenue: $134K. Assets: $70K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Merri Loo Community Preschool Inc?
The Employer Identification Number (EIN) for Merri Loo Community Preschool Inc is 20275201. 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 Merri Loo Community Preschool Inc spend its money?
Merri Loo Community Preschool Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Merri Loo Community Preschool Inc's tax-exempt status?
You can verify Merri Loo Community Preschool Inc's tax-exempt status using EIN 20275201 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
Merri Loo Community Preschool Inc demonstrates consistent financial operations, with revenues and expenses generally in balance over the past decade. For the latest period (202306), the organization reported revenue of $84,239 against expenses of $86,560, indicating a slight operational deficit. However, this is not uncommon for small nonprofits and their assets of $63,811 suggest a stable financial position. The organization consistently reports zero liabilities in most recent filings, which is a strong indicator of financial health and responsible management. The absence of officer compensation reported across all available filings suggests a volunteer-led or very lean administrative structure, which can contribute to higher program efficiency.
Spending efficiency appears strong given the lack of reported officer compensation, implying a significant portion of funds likely goes directly to program services. While a detailed functional expense breakdown isn't provided in the summary data, the overall financial picture suggests a focus on mission delivery. The organization's transparency is high, as evidenced by its consistent filing of IRS Form 990s over 11 periods, making its financial data publicly accessible and allowing for this analysis. The consistent asset base, hovering around $60,000-$80,000, indicates prudent financial stewardship for an organization of its size.
Overall, Merri Loo Community Preschool Inc appears to be a financially stable and efficiently run small nonprofit. Its consistent operations, minimal liabilities, and lack of reported executive compensation point to a strong commitment to its mission and responsible use of funds. The slight operational deficits in some years are minor and do not appear to threaten its long-term viability given its asset base.