Is Michelle P And Steven L Trulaske Sr Family Foundation Legit?
Quick charity verification for Michelle P And Steven L Trulaske Sr Family Foundation (EIN: 203825998)
Verdict: Michelle P And Steven L Trulaske Sr Family Foundation appears trustworthy
95/100Mission Score
$623KRevenue
$336KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
100% program spending due to zero officer compensation, maximizing mission impact.
Consistent growth in assets, reaching $985,325 in 2023, indicating strong financial health and capacity.
Low liabilities ($1 or $0 across all filings) demonstrating financial stability.
Consistent IRS 990 filing history, indicating good transparency.
Efficient operational model as a private grantmaking foundation.
Spending Breakdown
How Michelle P And Steven L Trulaske Sr Family Foundation 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 Michelle P And Steven L Trulaske Sr Family Foundation
Is Michelle P And Steven L Trulaske Sr Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Michelle P And Steven L Trulaske Sr Family Foundation (EIN: 203825998) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Michelle P And Steven L Trulaske Sr Family Foundation a good charity to donate to?
Michelle P And Steven L Trulaske Sr Family Foundation has a Mission Score of 95/100. Revenue: $623K. Assets: $336K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Michelle P And Steven L Trulaske Sr Family Foundation?
The Employer Identification Number (EIN) for Michelle P And Steven L Trulaske Sr Family Foundation is 203825998. 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 Michelle P And Steven L Trulaske Sr Family Foundation spend its money?
Michelle P And Steven L Trulaske Sr Family Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Michelle P And Steven L Trulaske Sr Family Foundation's tax-exempt status?
You can verify Michelle P And Steven L Trulaske Sr Family Foundation's tax-exempt status using EIN 203825998 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 Michelle P And Steven L Trulaske Sr Family Foundation appears to be a well-managed private foundation with consistent financial activity. Over the past decade, its revenue has fluctuated, with a notable increase in 2022 ($921,362) and 2023 ($623,765) compared to earlier years where revenue hovered around $321,000. Expenses have generally tracked revenue, indicating a consistent distribution strategy. The foundation's assets have shown healthy growth, reaching $985,325 in 2023, up from $335,865 in the latest provided data, suggesting sound financial stewardship and accumulation of resources for future grantmaking. The consistent reporting of zero officer compensation across all available filings is a significant indicator of efficiency and a strong commitment to directing funds towards its mission rather than administrative overhead.
Given its nature as a family foundation (NTEE Code T22 - Private Grantmaking Foundations), its primary function is to make grants, which inherently means a high proportion of its expenses are program-related. The absence of officer compensation further reinforces this efficiency. The foundation consistently files its IRS Form 990, demonstrating good transparency practices. The low liabilities reported ($1 in recent years, $0 in earlier years) also points to a stable financial position.
Overall, the foundation exhibits strong financial health, high spending efficiency due to its operational model and zero executive compensation, and good transparency through its consistent public filings. Its asset growth provides a solid base for continued philanthropic activities.