Is Monadnock Regional Foundation For Family Services Inc Legit?
Quick charity verification for Monadnock Regional Foundation For Family Services Inc (EIN: 20481836)
Verdict: Monadnock Regional Foundation For Family Services Inc appears trustworthy
85/100Mission Score
$833KRevenue
$2.0MAssets
2Red Flags
3Strengths
Red Flags
Highly volatile annual revenue and expenses, making financial forecasting challenging.
Operational deficits in multiple years (e.g., 2023, 2021, 2016, 2014) where expenses exceeded revenue.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission over executive pay.
Significant and consistent growth in assets, from $638,538 in 2014 to $1,825,689 in 2023, demonstrating long-term financial health.
Low liabilities relative to assets, suggesting good financial management and minimal debt burden.
Spending Breakdown
How Monadnock Regional Foundation For Family Services Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Monadnock Regional Foundation For Family Services Inc
Is Monadnock Regional Foundation For Family Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monadnock Regional Foundation For Family Services Inc (EIN: 20481836) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Monadnock Regional Foundation For Family Services Inc a good charity to donate to?
Monadnock Regional Foundation For Family Services Inc has a Mission Score of 85/100. Revenue: $833K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Monadnock Regional Foundation For Family Services Inc?
The Employer Identification Number (EIN) for Monadnock Regional Foundation For Family Services Inc is 20481836. 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 Monadnock Regional Foundation For Family Services Inc spend its money?
Monadnock Regional Foundation For Family Services Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Monadnock Regional Foundation For Family Services Inc's tax-exempt status?
You can verify Monadnock Regional Foundation For Family Services Inc's tax-exempt status using EIN 20481836 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
Monadnock Regional Foundation For Family Services Inc demonstrates a fluctuating financial performance over the past decade, with significant swings in revenue and expenses. For instance, in 2023, the organization reported revenue of $68,263 against expenses of $132,747, indicating a deficit. This contrasts sharply with 2022, where revenue was $351,151 and expenses were $125,215, showing a surplus. The organization's assets have grown substantially over time, from $638,538 in 2014 to $1,825,689 in 2023, suggesting effective asset management despite operational fluctuations. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for spending efficiency and transparency. However, the lack of detailed program spending breakdowns in the provided data makes a precise assessment of spending efficiency challenging beyond the executive compensation aspect.
The organization's financial health appears stable due to its growing asset base, which provides a buffer against revenue volatility. While some years show operational deficits, the overall trend in assets suggests long-term financial planning. The absence of officer compensation is a significant strength in terms of transparency and efficiency. To further enhance transparency, more detailed breakdowns of program, administrative, and fundraising expenses would be beneficial for external analysis. The NTEE code T00Z, indicating 'Other Human Services', suggests a broad mission, and the financial data supports an organization focused on resource accumulation and deployment for its stated purpose, without significant overhead in executive pay.
Overall, Monadnock Regional Foundation For Family Services Inc appears to be a financially stable organization with a strong commitment to minimizing executive compensation. Its asset growth is commendable, but the variability in annual revenue and expenses warrants close monitoring. The organization's transparency regarding executive compensation is excellent, but further detail on expense allocation would provide a more complete picture of its spending efficiency.