Quick charity verification for Mudd Nick Foundation (EIN: 205221242)
Verdict: Mudd Nick Foundation appears trustworthy
92/100Mission Score
$249KRevenue
$687KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in 2023 ($202,015 expenses vs. $183,474 revenue), indicating a potential deficit for that period.
Strengths
Consistent asset growth from $201,009 in 2014 to $628,565 in 2023.
Zero reported liabilities across all filing periods, indicating strong financial stability.
0% officer compensation reported in all filings, demonstrating high efficiency and dedication to mission.
Generally maintains expenses below or near revenue, ensuring sustainability.
Spending Breakdown
How Mudd Nick Foundation 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 Mudd Nick Foundation
Is Mudd Nick Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mudd Nick Foundation (EIN: 205221242) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Mudd Nick Foundation a good charity to donate to?
Mudd Nick Foundation has a Mission Score of 92/100. Revenue: $249K. Assets: $687K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mudd Nick Foundation?
The Employer Identification Number (EIN) for Mudd Nick Foundation is 205221242. 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 Mudd Nick Foundation spend its money?
Mudd Nick Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mudd Nick Foundation's tax-exempt status?
You can verify Mudd Nick Foundation's tax-exempt status using EIN 205221242 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 Mudd Nick Foundation demonstrates consistent financial health with a growing asset base and no reported liabilities across its filing history, indicating strong fiscal management. The organization's revenue has fluctuated, with a notable dip in 2023 to $183,474 from a high of $254,409 in 2020, but expenses have generally remained below or near revenue, except for 2023 where expenses ($202,015) slightly exceeded revenue. This suggests a period of increased spending or a temporary revenue decline, but the overall trend of asset growth from $201,009 in 2014 to $628,565 in 2023 points to long-term sustainability. The consistent reporting of 0% officer compensation across all filings highlights a commitment to directing funds towards its mission rather than executive salaries, which is a strong indicator of financial efficiency and transparency. The absence of liabilities further reinforces its stable financial position.