Quick charity verification for Mike Delaney Foundation (EIN: 133437923)
Verdict: Mike Delaney Foundation appears trustworthy
70/100Mission Score
$41KRevenue
$123KAssets
2Red Flags
3Strengths
Red Flags
Expenses frequently exceed revenue, potentially drawing down assets (e.g., 202305: $22,225 expenses vs. $9,099 revenue).
Consistent reporting of $1 in liabilities across multiple recent filings is an unusual accounting practice.
Strengths
Consistent filing of IRS 990 forms demonstrates transparency and compliance.
Zero officer compensation indicates a volunteer-led organization and efficient use of funds.
Stable asset base (around $120,000-$130,000 in recent years) despite fluctuating revenue and expenses.
Spending Breakdown
How Mike Delaney Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Mike Delaney Foundation
Is Mike Delaney Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mike Delaney Foundation (EIN: 133437923) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Mike Delaney Foundation a good charity to donate to?
Mike Delaney Foundation has a Mission Score of 70/100. Revenue: $41K. Assets: $123K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mike Delaney Foundation?
The Employer Identification Number (EIN) for Mike Delaney Foundation is 133437923. 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 Mike Delaney Foundation spend its money?
Mike Delaney Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mike Delaney Foundation's tax-exempt status?
You can verify Mike Delaney Foundation's tax-exempt status using EIN 133437923 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 Mike Delaney Foundation, based in Old Greenwich, CT, appears to be a small organization with fluctuating but generally low revenue, averaging around $9,000-$14,000 annually in recent years. Its latest reported revenue is $40,988, which is a significant increase from previous periods, but its assets have remained relatively stable around $120,000-$130,000 in recent filings. The organization consistently reports zero officer compensation, which is a positive indicator of volunteer-led operations and efficient use of funds for its stated mission. However, the consistent reporting of $1 in liabilities across multiple recent filings (2021-2024) is unusual and could warrant further investigation into its accounting practices, though it's a minor amount.
Spending efficiency is a mixed bag. In several periods, expenses have exceeded revenue, such as in 202305 where expenses were $22,225 against $9,099 in revenue, and in 202405 where expenses were $14,100 against $11,757 in revenue. This suggests the organization is drawing down on its assets or relying on prior year surpluses to cover operational costs. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. However, the absence of officer compensation suggests a lean operational structure.
Transparency is generally good given the consistent filing of IRS Form 990s over many years. The public availability of these filings allows for basic financial oversight. The lack of an NTEE code makes it difficult to benchmark against similar organizations, but for a small foundation, the consistent filing history is a strength. The primary area for improved transparency would be a more detailed breakdown of expenses beyond total expenses, which is not provided in the summary data.