Is Otis Glebe Medical Research Foundation Legit?

Quick charity verification for Otis Glebe Medical Research Foundation (EIN: 200780043)

Verdict: Otis Glebe Medical Research Foundation shows mixed signals

55/100Mission Score
$850KRevenue
$1.2MAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Otis Glebe Medical Research Foundation allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Otis Glebe Medical Research Foundation

Is Otis Glebe Medical Research Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Otis Glebe Medical Research Foundation (EIN: 200780043) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.

Is Otis Glebe Medical Research Foundation a good charity to donate to?

Otis Glebe Medical Research Foundation has a Mission Score of 55/100. Revenue: $850K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Otis Glebe Medical Research Foundation?

The Employer Identification Number (EIN) for Otis Glebe Medical Research Foundation is 200780043. 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 Otis Glebe Medical Research Foundation spend its money?

Otis Glebe Medical Research Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Otis Glebe Medical Research Foundation's tax-exempt status?

You can verify Otis Glebe Medical Research Foundation's tax-exempt status using EIN 200780043 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 Otis Glebe Medical Research Foundation exhibits a concerning trend of declining assets and inconsistent revenue generation over the past decade. While the organization reported total assets of $1,197,371 in its latest filing, this represents a significant decrease from its peak of $1,625,960 in 2011. Revenue has been highly volatile, with the latest reported revenue of $79,440 in 2023 being substantially lower than its 2021 revenue of $242,597 and its 'Latest Revenue' figure of $849,855, which appears to be an aggregate or non-annualized figure not directly reflected in the individual annual filings provided. Expenses have remained relatively stable, averaging around $150,000 annually, often exceeding revenue, leading to net asset depletion. The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The organization's transparency is generally good, with a consistent filing history, but the discrepancy between the 'Latest Revenue' figure and the annual filing data warrants further investigation for a complete understanding of its financial inflows. Overall, the foundation appears to be drawing down its asset base to cover operational expenses, as evidenced by expenses frequently exceeding revenue. While executive compensation is not a concern, the long-term sustainability of its current financial trajectory, marked by declining assets and fluctuating, often insufficient, revenue, is questionable without a clear strategy for increasing income or reducing expenditures.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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