Quick charity verification for Mulva Family Foundation (EIN: 203221183)
Verdict: Mulva Family Foundation appears trustworthy
85/100Mission Score
$108.7MRevenue
$540.6MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown to fully assess program vs. administrative spending efficiency
Unusual 0% officer compensation, which, while positive for efficiency, warrants understanding of how leadership is sustained.
Strengths
Consistent and substantial asset growth, indicating strong financial health ($63M in 2011 to $467M in 2023)
Negligible liabilities across all filings ($0 or $1), demonstrating excellent financial management and low debt.
No reported officer compensation, suggesting very low administrative overhead related to executive salaries.
Significant revenue generation, with the latest reported at over $45 million in 2023.
Spending Breakdown
How Mulva Family Foundation 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 Mulva Family Foundation
Is Mulva Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mulva Family Foundation (EIN: 203221183) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Mulva Family Foundation a good charity to donate to?
Mulva Family Foundation has a Mission Score of 85/100. Revenue: $108.7M. Assets: $540.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mulva Family Foundation?
The Employer Identification Number (EIN) for Mulva Family Foundation is 203221183. 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 Mulva Family Foundation spend its money?
Mulva Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mulva Family Foundation's tax-exempt status?
You can verify Mulva Family Foundation's tax-exempt status using EIN 203221183 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 Mulva Family Foundation demonstrates strong financial health, consistently maintaining substantial assets, which have grown from $63 million in 2011 to over $467 million in 2023. The foundation's revenue streams have been robust, with the latest reported revenue at $45,133,111 in 2023. A key indicator of efficiency is the absence of reported officer compensation across all available filings, suggesting that administrative costs related to executive salaries are either covered by other means or are exceptionally low, contributing to a higher proportion of funds potentially directed towards programs. The foundation's liabilities have consistently been negligible ($0 or $1), indicating sound financial management and minimal debt burden. While specific program spending ratios are not detailed in the provided data, the overall financial stability and lack of executive compensation suggest a well-managed and potentially efficient operation. Further analysis of detailed expense breakdowns would be needed to fully assess spending efficiency.