Quick charity verification for Myler Family Foundation (EIN: 208407837)
Verdict: Myler Family Foundation appears trustworthy
85/100Mission Score
$200KRevenue
$94KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue generation, with latest revenue at $200,016.
Strong asset growth, increasing from $22,748 to $94,008 over five years.
Extremely low liabilities, consistently reported at $0 or $1.
No reported officer compensation, indicating high efficiency or volunteer leadership.
Consistent IRS 990 filing history over five periods, demonstrating transparency.
Spending Breakdown
How Myler Family 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 Myler Family Foundation
Is Myler Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Myler Family Foundation (EIN: 208407837) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Myler Family Foundation a good charity to donate to?
Myler Family Foundation has a Mission Score of 85/100. Revenue: $200K. Assets: $94K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Myler Family Foundation?
The Employer Identification Number (EIN) for Myler Family Foundation is 208407837. 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 Myler Family Foundation spend its money?
Myler Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Myler Family Foundation's tax-exempt status?
You can verify Myler Family Foundation's tax-exempt status using EIN 208407837 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 Myler Family Foundation demonstrates consistent financial activity, with revenues fluctuating between $51,607 and $200,016 over the past five years. The organization's assets have shown a positive growth trend, increasing from $22,748 in 2011 to $94,008 in the latest period, indicating a healthy accumulation of resources. Liabilities have remained negligible, consistently reported at $0 or $1, which is a strong indicator of financial stability and low debt burden.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent reporting of expenses relative to revenue suggests a stable operational model. The absence of reported officer compensation across all periods is notable, suggesting either a volunteer-led executive team or compensation below reporting thresholds, which can be a positive sign for donor confidence regarding overhead.
Overall, the Myler Family Foundation appears to be a financially stable organization with a growing asset base and minimal liabilities. Its consistent filing history and lack of reported officer compensation contribute positively to its transparency profile, though a detailed breakdown of spending would further enhance understanding of its operational efficiency.