Is Radhika & Ambarish Malpani Foundation Inc Legit?
Quick charity verification for Radhika & Ambarish Malpani Foundation Inc (EIN: 203975649)
Verdict: Radhika & Ambarish Malpani Foundation Inc shows mixed signals
55/100Mission Score
$191KRevenue
$556KAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue in 8 of 10 periods)
Significant decline in total assets over time (from $1,210,099 in 2011 to $636,843 in 2023)
Revenue generation appears insufficient to cover ongoing expenses
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level
Maintained minimal liabilities ($1 across all periods), suggesting good debt management
Spending Breakdown
How Radhika & Ambarish Malpani Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Radhika & Ambarish Malpani Foundation Inc
Is Radhika & Ambarish Malpani Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Radhika & Ambarish Malpani Foundation Inc (EIN: 203975649) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is Radhika & Ambarish Malpani Foundation Inc a good charity to donate to?
Radhika & Ambarish Malpani Foundation Inc has a Mission Score of 55/100. Revenue: $191K. Assets: $556K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Radhika & Ambarish Malpani Foundation Inc?
The Employer Identification Number (EIN) for Radhika & Ambarish Malpani Foundation Inc is 203975649. 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 Radhika & Ambarish Malpani Foundation Inc spend its money?
Radhika & Ambarish Malpani Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Radhika & Ambarish Malpani Foundation Inc's tax-exempt status?
You can verify Radhika & Ambarish Malpani Foundation Inc's tax-exempt status using EIN 203975649 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 Radhika & Ambarish Malpani Foundation Inc. exhibits a concerning trend of declining assets and consistent operating deficits over the past several years. In 2023, the organization reported revenue of $73,932 against expenses of $169,716, resulting in a significant deficit. This pattern is not isolated, as 2022 also saw expenses of $198,444 far outstripping revenue of $49,796. While the foundation has maintained minimal liabilities, its asset base has steadily eroded from $1,210,099 in 2011 to $636,843 in 2023, indicating an unsustainable financial model if current trends persist.
The organization's transparency appears strong regarding executive compensation, reporting 0% officer compensation across all available filings, which is a positive indicator of resources being directed elsewhere. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's challenging to fully assess spending efficiency. The consistent operational losses suggest that the foundation is spending more than it generates, drawing down its endowment or reserves, which is not a long-term sustainable practice for financial health.
To improve financial health, the foundation needs to either significantly increase its revenue streams or reduce its expenses to achieve a more balanced budget. The continuous decline in assets, despite minimal liabilities, points to a fundamental imbalance between income and outflow. Further transparency on the allocation of expenses would allow for a more precise evaluation of its programmatic impact and operational efficiency.