Quick charity verification for Mucolipidosis Type Iv Foundation Inc (EIN: 133633501)
Verdict: Mucolipidosis Type Iv Foundation Inc appears trustworthy
92/100Mission Score
$3.8MRevenue
$2.2MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size could indicate compensation is reported under other expense categories or that leadership is entirely volunteer, which, while potentially positive, warrants further investigation for full transparency.
Strengths
Strong and consistent revenue growth over the past decade, from $297,209 in 2014 to $1,080,997 in 2023.
Healthy asset-to-liability ratio, with assets of $1,477,459 significantly exceeding liabilities of $6,431 in 2023.
Excellent transparency with 16 publicly available IRS 990 filings.
Zero reported officer compensation across all filings, suggesting a high dedication of funds to mission-related activities.
Positive net assets growth, indicating financial health and sustainability.
Spending Breakdown
How Mucolipidosis Type Iv Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Mucolipidosis Type Iv Foundation Inc
Is Mucolipidosis Type Iv Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mucolipidosis Type Iv Foundation Inc (EIN: 133633501) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Mucolipidosis Type Iv Foundation Inc a good charity to donate to?
Mucolipidosis Type Iv Foundation Inc has a Mission Score of 92/100. Revenue: $3.8M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mucolipidosis Type Iv Foundation Inc?
The Employer Identification Number (EIN) for Mucolipidosis Type Iv Foundation Inc is 133633501. 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 Mucolipidosis Type Iv Foundation Inc spend its money?
Mucolipidosis Type Iv Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mucolipidosis Type Iv Foundation Inc's tax-exempt status?
You can verify Mucolipidosis Type Iv Foundation Inc's tax-exempt status using EIN 133633501 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 Mucolipidosis Type IV Foundation Inc. demonstrates a strong financial trajectory, with consistent revenue growth over the past several years, culminating in $1,080,997 in revenue for the 202312 period. The organization maintains a healthy asset base, reported at $1,477,459 in 2023, significantly exceeding its minimal liabilities of $6,431. This indicates sound financial management and a strong balance sheet.
Spending efficiency appears to be a core strength, as evidenced by the consistent absence of reported officer compensation across all available filings. This suggests that resources are primarily directed towards programmatic activities and operational needs rather than executive salaries. The organization's program spending ratio is likely very high given this fact, contributing to its overall efficiency.
Transparency is excellent, with 16 filings publicly available and a clear record of financial activities. The consistent reporting of zero officer compensation enhances trust and demonstrates a commitment to directing funds towards its mission. The steady growth in assets alongside increasing revenue further solidifies its financial health and capacity to sustain its mission.