Quick charity verification for Michael T Bardin Char Trust (EIN: 206983919)
Verdict: Michael T Bardin Char Trust appears trustworthy
95/100Mission Score
$220KRevenue
$1.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating all funds go to mission.
Strong and growing asset base, reaching $1,731,357 in 2023.
Minimal liabilities ($1 or $0 across all filings), showing excellent financial health.
Consistent revenue generation, with a latest reported revenue of $255,558 in 2023.
High spending efficiency, with virtually all expenses directed towards program activities.
Spending Breakdown
How Michael T Bardin Char Trust allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 T Bardin Char Trust
Is Michael T Bardin Char Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Michael T Bardin Char Trust (EIN: 206983919) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Michael T Bardin Char Trust a good charity to donate to?
Michael T Bardin Char Trust has a Mission Score of 95/100. Revenue: $220K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Michael T Bardin Char Trust?
The Employer Identification Number (EIN) for Michael T Bardin Char Trust is 206983919. 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 T Bardin Char Trust spend its money?
Michael T Bardin Char Trust allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Michael T Bardin Char Trust's tax-exempt status?
You can verify Michael T Bardin Char Trust's tax-exempt status using EIN 206983919 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 T Bardin Char Trust demonstrates consistent financial health with a strong asset base relative to its annual revenue. Over the past five years, assets have grown from $1,493,329 in 2019 to $1,731,357 in 2023, indicating sound financial management and growth. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a commitment to its charitable purpose, as all resources are directed towards programs rather than administrative salaries.
Spending efficiency appears high, as the trust's expenses are primarily program-related, given the nature of a charitable trust that typically distributes grants. The latest filing (2023) shows expenses of $193,890 against revenue of $255,558, resulting in a surplus that contributes to asset growth. The trust's liabilities are consistently reported as minimal ($1 or $0), suggesting excellent financial stability and no significant debt burden. This operational model, combined with no executive compensation, points to a highly transparent and program-focused financial structure.