Quick charity verification for Morris County Prevention Is Key Inc (EIN: 222942371)
Verdict: Morris County Prevention Is Key Inc appears trustworthy
85/100Mission Score
$5.2MRevenue
$2.3MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue growth from $997,328 in 2016 to $4,450,400 in 2023 demonstrates strong organizational development and fundraising capabilities.
Healthy and growing asset base, increasing from $223,190 in 2016 to $2,604,979 in 2023, provides financial stability and capacity for future programs.
Low liability-to-asset ratio, with liabilities of $1,242,405 against assets of $2,604,979 in 2023, indicates sound financial management.
High percentage of expenses dedicated to programs (implied by total expenses vs. revenue and mission focus) suggests effective use of funds for its stated purpose.
Spending Breakdown
How Morris County Prevention Is Key Inc 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 Morris County Prevention Is Key Inc
Is Morris County Prevention Is Key Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morris County Prevention Is Key Inc (EIN: 222942371) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Morris County Prevention Is Key Inc a good charity to donate to?
Morris County Prevention Is Key Inc has a Mission Score of 85/100. Revenue: $5.2M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morris County Prevention Is Key Inc?
The Employer Identification Number (EIN) for Morris County Prevention Is Key Inc is 222942371. 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 Morris County Prevention Is Key Inc spend its money?
Morris County Prevention Is Key Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morris County Prevention Is Key Inc's tax-exempt status?
You can verify Morris County Prevention Is Key Inc's tax-exempt status using EIN 222942371 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
Morris County Prevention Is Key Inc is a unknown nonprofit based in Rockaway, New Jersey, with reported revenue of $5.2M and assets of $2.3M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a volunteer leadership model or that key personnel are compensated through other means not directly reported as executive compensation on these forms. Revenue has grown +474% across 13 filing periods.