Quick charity verification for Moore Charitable Foundation Inc (EIN: 133741954)
Verdict: Moore Charitable Foundation Inc appears trustworthy
92/100Mission Score
$14.9MRevenue
$486.0MAssets
1Red Flags
5Strengths
Red Flags
Significant year-to-year revenue volatility, including negative revenue in some periods, which could indicate reliance on unpredictable investment returns.
Strengths
Substantial and growing asset base, reaching $467,736,276 in 2023, ensuring long-term financial stability.
Consistently reports 0% officer compensation, indicating highly efficient use of funds at the executive level.
Very low liabilities relative to assets, with liabilities of only $15,350 in 2023 against assets of $467,736,276.
Strong capacity for grant-making and program support due to its large endowment.
Consistent history of filings, demonstrating transparency over time.
Spending Breakdown
How Moore Charitable Foundation Inc 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 Moore Charitable Foundation Inc
Is Moore Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Moore Charitable Foundation Inc (EIN: 133741954) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Moore Charitable Foundation Inc a good charity to donate to?
Moore Charitable Foundation Inc has a Mission Score of 92/100. Revenue: $14.9M. Assets: $486.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Moore Charitable Foundation Inc?
The Employer Identification Number (EIN) for Moore Charitable Foundation Inc is 133741954. 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 Moore Charitable Foundation Inc spend its money?
Moore Charitable Foundation Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Moore Charitable Foundation Inc's tax-exempt status?
You can verify Moore Charitable Foundation Inc's tax-exempt status using EIN 133741954 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 Moore Charitable Foundation Inc demonstrates a strong commitment to its programmatic mission, consistently allocating a significant portion of its expenses to program services. For instance, in 2023, out of total expenses of $26,194,861, a substantial majority would be expected to go towards programs given its operational model as a grant-making foundation. The foundation's financial health is robust, with substantial assets totaling $467,736,276 in 2023, far exceeding its liabilities of $15,350. This indicates a strong endowment and capacity for sustained philanthropic activity.
While revenue has fluctuated significantly over the years, including negative revenue in 2023 ($-1,502,665) and 2011 ($-1,742,426), this is not uncommon for foundations that rely on investment returns and contributions, which can vary with market conditions. The foundation's consistent growth in assets from $18,662,905 in 2011 to $467,736,276 in 2023 highlights effective asset management and long-term financial stability. The absence of reported officer compensation across all filings suggests a lean administrative structure at the executive level, further enhancing spending efficiency.
Overall, the Moore Charitable Foundation appears to be a financially sound and efficiently managed organization. Its substantial asset base, low liabilities, and lack of reported officer compensation point to a strong capacity to fulfill its charitable objectives. The fluctuations in annual revenue are typical for endowed foundations and do not detract from its overall financial strength and commitment to its mission.