Quick charity verification for Morgridge Institute For Researchinc (EIN: 208325570)
Verdict: Morgridge Institute For Researchinc appears trustworthy
90/100Mission Score
$78.5MRevenue
$81.2MAssets
2Red Flags
3Strengths
Red Flags
Significant increase in liabilities in recent years (from $6.6M in 2022 to over $56M in 2023 and 2024) without a proportional increase in assets.
Unexplained spike in revenue and expenses in 2018 ($355M revenue, $376M expenses) compared to typical annual figures around $30M.
Strengths
Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending.
Generally stable revenue and expense figures over most periods, demonstrating consistent operational capacity.
Healthy asset base, reaching $88.4M in 2024, providing financial stability.
Spending Breakdown
How Morgridge Institute For Researchinc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Morgridge Institute For Researchinc
Is Morgridge Institute For Researchinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morgridge Institute For Researchinc (EIN: 208325570) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.
Is Morgridge Institute For Researchinc a good charity to donate to?
Morgridge Institute For Researchinc has a Mission Score of 90/100. Revenue: $78.5M. Assets: $81.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morgridge Institute For Researchinc?
The Employer Identification Number (EIN) for Morgridge Institute For Researchinc is 208325570. 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 Morgridge Institute For Researchinc spend its money?
Morgridge Institute For Researchinc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morgridge Institute For Researchinc's tax-exempt status?
You can verify Morgridge Institute For Researchinc's tax-exempt status using EIN 208325570 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 Morgridge Institute For Researchinc demonstrates a generally stable financial position, with recent revenues in the range of $26M-$33M and assets consistently above $30M, reaching $88.4M in 2024. The organization has shown a commitment to its mission, with expenses closely tracking revenues, indicating active program delivery. A notable anomaly is the 2018 fiscal period, which reported significantly higher revenue ($355M) and expenses ($376M) compared to other years, suggesting a potential one-time event or significant grant that year. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a focus on directing funds towards the organization's scientific research mission rather than executive salaries. The substantial increase in liabilities in 2023 and 2024, reaching over $56M, warrants further investigation to understand its nature and impact on long-term financial health, especially given the relatively stable asset base in those years.