Quick charity verification for Morton Kelly Charitable Tr (EIN: 10442078)
Verdict: Morton Kelly Charitable Tr appears trustworthy
95/100Mission Score
$24.7MRevenue
$20.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero officer compensation, indicating high efficiency in executive spending.
Strong and growing asset base, with assets of $20,243,296 in the latest period.
Consistent filing of IRS 990 forms, demonstrating transparency.
Significant revenue generation, with $24,744,494 reported in the latest period, suggesting effective asset management.
Low liabilities relative to assets, indicating sound financial management (e.g., $125,000 liabilities vs. $17,851,579 assets in 2023).
Spending Breakdown
How Morton Kelly Charitable Tr allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Morton Kelly Charitable Tr
Is Morton Kelly Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Morton Kelly Charitable Tr (EIN: 10442078) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Morton Kelly Charitable Tr a good charity to donate to?
Morton Kelly Charitable Tr has a Mission Score of 95/100. Revenue: $24.7M. Assets: $20.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morton Kelly Charitable Tr?
The Employer Identification Number (EIN) for Morton Kelly Charitable Tr is 10442078. 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 Morton Kelly Charitable Tr spend its money?
Morton Kelly Charitable Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morton Kelly Charitable Tr's tax-exempt status?
You can verify Morton Kelly Charitable Tr's tax-exempt status using EIN 10442078 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 Morton Kelly Charitable Tr appears to be a well-managed private foundation with a consistent history of grantmaking. Its financial health is robust, as evidenced by its substantial assets of $20,243,296 and a latest reported revenue of $24,744,494. The organization consistently reports zero officer compensation, which is a strong indicator of efficient spending and a focus on its charitable mission rather than administrative overhead. While specific program spending percentages are not detailed in the provided data, the consistent expenditure levels relative to revenue, particularly in years with lower revenue, suggest a commitment to its charitable activities. The foundation's transparency is high given its consistent IRS 990 filings and the clear reporting of financial metrics.