Is Middlesboro Independent Schools Tr Foundation Legit?

Quick charity verification for Middlesboro Independent Schools Tr Foundation (EIN: 141846453)

Verdict: Middlesboro Independent Schools Tr Foundation appears trustworthy

85/100Mission Score
$12KRevenue
$104KAssets
1Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Middlesboro Independent Schools Tr Foundation 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 Middlesboro Independent Schools Tr Foundation

Is Middlesboro Independent Schools Tr Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Middlesboro Independent Schools Tr Foundation (EIN: 141846453) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

Is Middlesboro Independent Schools Tr Foundation a good charity to donate to?

Middlesboro Independent Schools Tr Foundation has a Mission Score of 85/100. Revenue: $12K. Assets: $104K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Middlesboro Independent Schools Tr Foundation?

The Employer Identification Number (EIN) for Middlesboro Independent Schools Tr Foundation is 141846453. 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 Middlesboro Independent Schools Tr Foundation spend its money?

Middlesboro Independent Schools Tr Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Middlesboro Independent Schools Tr Foundation's tax-exempt status?

You can verify Middlesboro Independent Schools Tr Foundation's tax-exempt status using EIN 141846453 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 Middlesboro Independent Schools Tr Foundation demonstrates consistent financial activity, albeit on a small scale. With latest reported revenue of $11,768 and assets of $103,768, the organization maintains a modest financial footprint. Over the past decade, its revenue has fluctuated, with a notable dip in 2023 where expenses ($7,772) exceeded revenue ($2,468). However, the foundation consistently reports zero officer compensation, indicating a volunteer-driven leadership structure which is a positive sign for donor confidence and efficient use of funds. The organization's liabilities have remained minimal, typically $1, suggesting sound financial management regarding debt. Spending efficiency appears to be a mixed bag. While the absence of officer compensation is excellent, the 2023 filing shows a significant deficit where expenses were over three times revenue. This could indicate a strategic draw-down of reserves for program delivery or an anomaly. However, in other years, such as 2022, revenue ($8,165) significantly outpaced expenses ($1,997), allowing for asset growth. The NTEE code B112 suggests a focus on elementary and secondary education, and without detailed expense breakdowns, it's assumed the majority of spending is directed towards these programs. Transparency is generally good, with consistent 990 filings available. The consistent reporting of zero officer compensation enhances transparency regarding leadership costs. Given the small scale, the foundation appears to operate with a lean administrative structure. Further detailed expense breakdowns in future filings would provide even greater insight into program versus administrative spending.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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