Is Ronald Mcdonald House Charities Of Southwest Florida Inc Legit?

Quick charity verification for Ronald Mcdonald House Charities Of Southwest Florida Inc (EIN: 113704163)

Verdict: Ronald Mcdonald House Charities Of Southwest Florida Inc appears trustworthy

90/100Mission Score
$2.6MRevenue
$8.1MAssets
1Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Ronald Mcdonald House Charities Of Southwest Florida Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
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 Ronald Mcdonald House Charities Of Southwest Florida Inc

Is Ronald Mcdonald House Charities Of Southwest Florida Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Ronald Mcdonald House Charities Of Southwest Florida Inc (EIN: 113704163) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.

Is Ronald Mcdonald House Charities Of Southwest Florida Inc a good charity to donate to?

Ronald Mcdonald House Charities Of Southwest Florida Inc has a Mission Score of 90/100. Revenue: $2.6M. Assets: $8.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ronald Mcdonald House Charities Of Southwest Florida Inc?

The Employer Identification Number (EIN) for Ronald Mcdonald House Charities Of Southwest Florida Inc is 113704163. 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 Ronald Mcdonald House Charities Of Southwest Florida Inc spend its money?

Ronald Mcdonald House Charities Of Southwest Florida Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ronald Mcdonald House Charities Of Southwest Florida Inc's tax-exempt status?

You can verify Ronald Mcdonald House Charities Of Southwest Florida Inc's tax-exempt status using EIN 113704163 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

Ronald McDonald House Charities of Southwest Florida Inc. demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $8,131,060. While revenue has fluctuated, notably a peak of $3,548,416 in 2019 followed by a decrease to $1,411,271 in 2023, the organization has maintained a healthy asset base. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a significant positive for transparency and efficiency. However, recent years (2022 and 2023) show expenses exceeding revenue, with expenses of $1,470,158 against revenue of $1,411,271 in 2023, and $1,404,593 against $1,096,334 in 2022. This trend, if sustained, could impact long-term financial health despite the robust asset base. The organization's spending efficiency appears to be well-managed, particularly given the absence of reported officer compensation. The consistent growth in assets suggests effective stewardship of resources over time. The detailed breakdown of program, administrative, and fundraising expenses would provide a more granular view of efficiency, but the overall financial picture points to a well-run operation focused on its charitable purpose. The consistent filing of IRS Form 990s over 13 periods further underscores a commitment to transparency and accountability.

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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