Quick charity verification for Mre Foundation Inc (EIN: 201884716)
Verdict: Mre Foundation Inc appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Latest reported revenue and assets are $0, indicating a potential operational halt or data discrepancy.
Lack of detailed expense breakdown prevents a granular analysis of program versus administrative spending.
Strengths
Consistent IRS 990 filing history demonstrates transparency.
No reported liabilities across all filings indicates strong financial management and solvency.
0% officer compensation suggests a highly volunteer-driven model, potentially maximizing program funds.
Assets have shown growth over time, from $12,061 in 2012 to $72,013 in 2021 (excluding the latest $0 report).
Spending Breakdown
How Mre Foundation 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 Mre Foundation Inc
Is Mre Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mre Foundation Inc (EIN: 201884716) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Mre Foundation Inc a good charity to donate to?
Mre Foundation Inc has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mre Foundation Inc?
The Employer Identification Number (EIN) for Mre Foundation Inc is 201884716. 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 Mre Foundation Inc spend its money?
Mre Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mre Foundation Inc's tax-exempt status?
You can verify Mre Foundation Inc's tax-exempt status using EIN 201884716 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
Mre Foundation Inc. demonstrates a consistent, albeit small, operational history with fluctuating revenues and expenses. The organization's financial health appears stable, with assets growing over time, reaching $72,013 in 2021, and no reported liabilities across all filings, indicating a strong balance sheet. However, the latest reported revenue and assets are $0, which could indicate a period of inactivity or a change in reporting status, warranting further investigation. Spending efficiency, based on available data, shows that expenses are generally well-managed relative to revenue, with a positive net income in most recent years. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which can contribute to lower administrative costs and higher program efficiency. The organization's transparency is good given the consistent filing of IRS Form 990s, but the lack of detailed expense breakdowns in the provided data limits a deeper analysis of specific spending categories.