Is Murden Rickenbacker Hugginscharitable Foundation Legit?
Quick charity verification for Murden Rickenbacker Hugginscharitable Foundation (EIN: 206764399)
Verdict: Murden Rickenbacker Hugginscharitable Foundation shows mixed signals
55/100Mission Score
$41KRevenue
$428KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in most years (e.g., 2023: $25,469 revenue vs. $32,769 expenses).
Steady decline in total assets over the past decade, from $551,419 in 2011 to $432,739 in 2023, indicating a draw-down of principal.
Lack of detailed expense breakdown beyond total expenses, making it difficult to assess specific program vs. administrative spending efficiency.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for mission-related activities.
Very low liabilities ($1 in most years), demonstrating strong financial control over debt.
Consistent filing of IRS Form 990s over a decade, indicating good regulatory compliance and transparency in reporting.
Spending Breakdown
How Murden Rickenbacker Hugginscharitable Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Murden Rickenbacker Hugginscharitable Foundation
Is Murden Rickenbacker Hugginscharitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Murden Rickenbacker Hugginscharitable Foundation (EIN: 206764399) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Murden Rickenbacker Hugginscharitable Foundation a good charity to donate to?
Murden Rickenbacker Hugginscharitable Foundation has a Mission Score of 55/100. Revenue: $41K. Assets: $428K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Murden Rickenbacker Hugginscharitable Foundation?
The Employer Identification Number (EIN) for Murden Rickenbacker Hugginscharitable Foundation is 206764399. 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 Murden Rickenbacker Hugginscharitable Foundation spend its money?
Murden Rickenbacker Hugginscharitable Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Murden Rickenbacker Hugginscharitable Foundation's tax-exempt status?
You can verify Murden Rickenbacker Hugginscharitable Foundation's tax-exempt status using EIN 206764399 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 Murden Rickenbacker Hugginscharitable Foundation exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For example, in 2023, the organization reported $25,469 in revenue against $32,769 in expenses, and similar patterns are visible across most of its filing history. This has led to a steady decline in assets, from $551,419 in 2011 to $432,739 in 2023. While the organization maintains a very low liability profile ($1 in most years), its long-term financial sustainability is questionable given the persistent spending beyond its income. The NTEE code T20 suggests a focus on grantmaking, and without detailed expense breakdowns, it's difficult to fully assess spending efficiency beyond the overall deficit. The absence of officer compensation is a positive indicator of resource allocation, but the overall financial trajectory warrants close monitoring.
Regarding transparency, the consistent filing of IRS Form 990s over a decade demonstrates a commitment to regulatory compliance. However, without more detailed information on program activities and specific expense categories beyond the summary data, a comprehensive assessment of programmatic impact and administrative overhead is limited. The foundation's small size and consistent asset base, despite the deficits, suggest it may be drawing down an endowment or principal over time. Further detail on the nature of its revenue (e.g., investment income vs. donations) and the specific grants or programs it supports would enhance transparency and allow for a more nuanced understanding of its financial health and mission effectiveness.