Quick charity verification for Mjpm Foundation (EIN: 134043598)
Verdict: Mjpm Foundation appears trustworthy
75/100Mission Score
$468KRevenue
$20.8MAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits where expenses significantly exceed revenue (e.g., 2023 expenses were nearly 3x revenue), indicating reliance on asset drawdowns.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess spending efficiency beyond the overall deficit.
Strengths
Substantial asset base ($20,812,166 latest, $18,978,810 in 2023) provides financial stability despite operational deficits.
Zero reported officer compensation across all filings, indicating efficient use of funds at the executive level.
Consistent IRS 990 filing history (10 filings) demonstrates good transparency and compliance.
Extremely low liabilities ($1 or $0 reported consistently) indicates strong financial health regarding debt.
Spending Breakdown
How Mjpm Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Mjpm Foundation
Is Mjpm Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mjpm Foundation (EIN: 134043598) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Mjpm Foundation a good charity to donate to?
Mjpm Foundation has a Mission Score of 75/100. Revenue: $468K. Assets: $20.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mjpm Foundation?
The Employer Identification Number (EIN) for Mjpm Foundation is 134043598. 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 Mjpm Foundation spend its money?
Mjpm Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mjpm Foundation's tax-exempt status?
You can verify Mjpm Foundation's tax-exempt status using EIN 134043598 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 Mjpm Foundation demonstrates a consistent pattern of spending significantly more than its annual revenue, as evidenced by its 2023 expenses of $1,215,456 against revenues of $422,603, and similar trends in prior years. This operational deficit is sustained by its substantial asset base, which stood at $18,978,810 in 2023. While the organization maintains a healthy asset-to-liability ratio (liabilities consistently reported as $1 or $0), the reliance on drawing down assets to cover operational costs raises questions about long-term financial sustainability if this trend continues without a corresponding increase in revenue or reduction in expenses.
The foundation's transparency is bolstered by its consistent filing of IRS Form 990s, with 10 filings available, indicating adherence to reporting requirements. The absence of officer compensation reported across all filings suggests that the foundation operates without paid executive leadership, which can be a positive indicator of efficiency, though it's important to understand how leadership functions. The NTEE code T20 (Private Grantmaking Foundations) aligns with its operational model of distributing funds, which is a common practice for foundations of this type.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to fully assess spending efficiency. The consistent operational deficits, where expenses frequently exceed revenue by a factor of 2-3x (e.g., 2023 expenses were nearly 3x revenue), suggest that the foundation is primarily a grant-making entity distributing from its endowment rather than an organization generating significant program service revenue. This model is typical for private foundations, but a clear understanding of the grants made would be necessary for a complete picture of program impact.