Is Robert B Mcmillen Foundation Legit?

Quick charity verification for Robert B Mcmillen Foundation (EIN: 200011616)

Verdict: Robert B Mcmillen Foundation shows mixed signals

60/100Mission Score
$7.9MRevenue
$6.8MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Robert B Mcmillen 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 Robert B Mcmillen Foundation

Is Robert B Mcmillen Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Robert B Mcmillen Foundation (EIN: 200011616) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.

Is Robert B Mcmillen Foundation a good charity to donate to?

Robert B Mcmillen Foundation has a Mission Score of 60/100. Revenue: $7.9M. Assets: $6.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Robert B Mcmillen Foundation?

The Employer Identification Number (EIN) for Robert B Mcmillen Foundation is 200011616. 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 Robert B Mcmillen Foundation spend its money?

Robert B Mcmillen Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Robert B Mcmillen Foundation's tax-exempt status?

You can verify Robert B Mcmillen Foundation's tax-exempt status using EIN 200011616 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 Robert B Mcmillen Foundation exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For instance, in 2023, the organization reported expenses of $635,261 against revenue of only $122,439, indicating a significant reliance on its asset base to cover operations. This pattern is not isolated, as similar deficits are observed across multiple years, such as 2022 (expenses $611,145 vs. revenue $281,729) and even a negative revenue year in 2020 ($-262,016). While the foundation maintains a substantial asset base (e.g., $5,693,241 in 2023), this consistent spending down of assets without sufficient incoming revenue raises questions about long-term financial sustainability. The absence of reported officer compensation across all filings suggests a lean administrative structure in that regard, which is a positive for efficiency. However, without a detailed breakdown of expenses beyond the aggregate, it's challenging to fully assess spending efficiency between program, administrative, and fundraising costs. The foundation's transparency is generally good through its consistent 990 filings, but the financial health appears to be in a state of gradual decline based on the revenue-expense imbalance.

View Full Transparency Report →

Disclaimer

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

Related Pages