Quick charity verification for Methodist Fam Center Preschool Inc (EIN: 10713045)
Verdict: Methodist Fam Center Preschool Inc appears trustworthy
92/100Mission Score
$1.1MRevenue
$893KAssets
1Red Flags
4Strengths
Red Flags
Occasional operating deficits, such as in 202308 where expenses ($937,568) exceeded revenue ($916,334).
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and transparency.
Stable asset base, with assets generally ranging from $700,000 to $1 million over the past decade.
Consistent revenue generation, demonstrating a reliable funding stream for its operations.
Strong program focus implied by the absence of reported fundraising expenses and officer compensation.
Spending Breakdown
How Methodist Fam Center 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 Methodist Fam Center Preschool Inc
Is Methodist Fam Center Preschool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Methodist Fam Center Preschool Inc (EIN: 10713045) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Methodist Fam Center Preschool Inc a good charity to donate to?
Methodist Fam Center Preschool Inc has a Mission Score of 92/100. Revenue: $1.1M. Assets: $893K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Methodist Fam Center Preschool Inc?
The Employer Identification Number (EIN) for Methodist Fam Center Preschool Inc is 10713045. 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 Methodist Fam Center Preschool Inc spend its money?
Methodist Fam Center Preschool Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Methodist Fam Center Preschool Inc's tax-exempt status?
You can verify Methodist Fam Center Preschool Inc's tax-exempt status using EIN 10713045 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
Methodist Fam Center Preschool Inc demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a stable asset base. For instance, in 202208, revenue was $1,190,674 against expenses of $1,091,426, showing a surplus. However, the 202308 filing shows a slight deficit with revenues of $916,334 against expenses of $937,568. The organization's liabilities have fluctuated but generally remain manageable relative to its assets, indicating a reasonable financial position. The absence of reported officer compensation across all available filings suggests a high degree of transparency and a focus on mission-related spending, as executive salaries are often a point of scrutiny for nonprofits. This also implies that leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive indicator for donor confidence.