Quick charity verification for Michael J Casteix Foundation (EIN: 206573865)
Verdict: Michael J Casteix Foundation shows mixed signals
60/100Mission Score
$1KRevenue
$23KAssets
2Red Flags
3Strengths
Red Flags
Extremely low revenue and expenses, raising questions about program impact and activity level.
Consistent net losses in earlier years (e.g., 2015-2019), though more recent years show small surpluses.
Strengths
No officer compensation reported, indicating volunteer leadership.
Maintains a positive asset balance despite low revenue.
Consistent IRS 990 filing history demonstrates compliance.
Spending Breakdown
How Michael J Casteix Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Michael J Casteix Foundation
Is Michael J Casteix Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Michael J Casteix Foundation (EIN: 206573865) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Michael J Casteix Foundation a good charity to donate to?
Michael J Casteix Foundation has a Mission Score of 60/100. Revenue: $1K. Assets: $23K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Michael J Casteix Foundation?
The Employer Identification Number (EIN) for Michael J Casteix Foundation is 206573865. 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 Michael J Casteix Foundation spend its money?
Michael J Casteix Foundation allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Michael J Casteix Foundation's tax-exempt status?
You can verify Michael J Casteix Foundation's tax-exempt status using EIN 206573865 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
The Michael J Casteix Foundation operates on a very small scale, with recent annual revenues consistently below $2,000 and assets around $22,000. The organization's financial health appears stable in terms of maintaining a positive asset balance, but its operational capacity is extremely limited given its minimal revenue and expenses. The filings consistently show very low expenses, often less than $500 in recent years, which suggests either very focused, low-cost activities or minimal program delivery. The lack of reported officer compensation indicates good stewardship in that regard, but the overall financial activity is so small that it raises questions about the scope and impact of its programs. The organization consistently files its 990-EZ or 990-N, which provides limited detail, but for an organization of this size, it meets basic transparency requirements.