Quick charity verification for Myra W & Jean Kent Angus Foundation (EIN: 10637863)
Verdict: Myra W & Jean Kent Angus Foundation appears trustworthy
85/100Mission Score
$782KRevenue
$3.1MAssets
1Red Flags
4Strengths
Red Flags
Significant unexplained revenue fluctuation in the latest period ($782,409 vs. historical average of ~$200,000).
Strengths
Consistent financial stability with assets around $3 million.
Zero officer compensation reported across all filings, indicating efficient use of funds.
Minimal liabilities ($0 or $1) consistently reported.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Myra W & Jean Kent Angus 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 Myra W & Jean Kent Angus Foundation
Is Myra W & Jean Kent Angus Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Myra W & Jean Kent Angus Foundation (EIN: 10637863) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Myra W & Jean Kent Angus Foundation a good charity to donate to?
Myra W & Jean Kent Angus Foundation has a Mission Score of 85/100. Revenue: $782K. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Myra W & Jean Kent Angus Foundation?
The Employer Identification Number (EIN) for Myra W & Jean Kent Angus Foundation is 10637863. 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 Myra W & Jean Kent Angus Foundation spend its money?
Myra W & Jean Kent Angus Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Myra W & Jean Kent Angus Foundation's tax-exempt status?
You can verify Myra W & Jean Kent Angus Foundation's tax-exempt status using EIN 10637863 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 Myra W & Jean Kent Angus Foundation demonstrates consistent financial stability with assets consistently around $3 million over the past decade, reaching $3,112,189 in the latest period. The organization's revenue has fluctuated, with the latest reported revenue at $782,409, significantly higher than previous years, which typically ranged from $118,146 to $265,374. This substantial increase in revenue for the latest period warrants further investigation to understand its source and sustainability.
Spending efficiency appears to be a strength, as the foundation consistently reports zero officer compensation, indicating that administrative costs related to executive salaries are non-existent. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation suggests a lean operational structure. The foundation's liabilities have remained minimal, often reported as $0 or $1, indicating strong financial management and low debt.
Transparency is generally good given the consistent filing of IRS Form 990s. The lack of officer compensation is a positive indicator of resource allocation. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. The significant jump in latest revenue compared to historical trends is a key area for further scrutiny to ensure it reflects sustainable and mission-aligned activities.