Quick charity verification for Mpg Foundation Inc (EIN: 133854658)
Verdict: Mpg Foundation Inc appears trustworthy
85/100Mission Score
$493KRevenue
$4.8MAssets
1Red Flags
4Strengths
Red Flags
Significant fluctuation in annual expenses, from $730,872 in 2022 to $86,803 in 2023, warrants further investigation into the nature of these expenditures and operational changes.
Strengths
Consistent 0% officer compensation across all filings, indicating strong commitment to mission-focused spending.
Significant reduction in expenses in the latest filing (2023) compared to previous years, suggesting improved cost control or strategic operational shifts.
Generally low liabilities, with most years reporting $1 or $0, indicating a healthy balance sheet.
Spending Breakdown
How Mpg Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Mpg Foundation Inc
Is Mpg Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mpg Foundation Inc (EIN: 133854658) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Mpg Foundation Inc a good charity to donate to?
Mpg Foundation Inc has a Mission Score of 85/100. Revenue: $493K. Assets: $4.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mpg Foundation Inc?
The Employer Identification Number (EIN) for Mpg Foundation Inc is 133854658. 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 Mpg Foundation Inc spend its money?
Mpg Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mpg Foundation Inc's tax-exempt status?
You can verify Mpg Foundation Inc's tax-exempt status using EIN 133854658 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
Mpg Foundation Inc demonstrates a consistent pattern of strong asset management, with assets consistently above $4 million and reaching $4,804,411 in the latest period. The organization's revenue has fluctuated, with a notable increase to $422,133 in 2023, up from $220,222 in 2022. Expenses have also varied, showing a significant reduction from $730,872 in 2022 to $86,803 in 2023, indicating improved financial control or a shift in operational scale. The foundation consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its transparency and public trust.
The organization's financial health appears stable, supported by its substantial asset base. While revenue has seen some volatility, the recent decrease in expenses relative to revenue in 2023 suggests a more favorable financial position. The consistent reporting of minimal liabilities across most years, with a temporary increase in 2022, further underscores a generally healthy balance sheet. The absence of officer compensation is a key strength, demonstrating a commitment to directing resources towards its mission rather than executive salaries.
Overall, Mpg Foundation Inc exhibits good financial stewardship, particularly in its asset management and expense control in recent years. The consistent 0% officer compensation is a significant positive for transparency and efficiency. While the NTEE code T20J (Private Grantmaking Foundations) suggests its primary activity is grantmaking, the detailed breakdown of program spending would provide further insight into its direct impact. However, based on the available data, the foundation appears to be a financially sound and responsibly managed entity.