Quick charity verification for Scott Mcgilvray Childrens Fund (EIN: 20489703)
Verdict: Scott Mcgilvray Childrens Fund appears trustworthy
90/100Mission Score
$8KRevenue
$100KAssets
1Red Flags
5Strengths
Red Flags
Latest revenue ($7,984) is significantly lower than recent years, potentially impacting future program capacity if not an anomaly.
Strengths
Consistent 0% officer compensation across all filings, maximizing funds for mission.
Zero liabilities reported in all available filings, indicating strong financial health.
Steady growth in assets from $35,187 in 2014 to $99,594 in 2023, demonstrating effective financial management.
Consistent filing of IRS Form 990s over 13 periods, showing strong transparency.
Expenses generally kept well below revenue, contributing to asset growth.
Spending Breakdown
How Scott Mcgilvray Childrens Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Scott Mcgilvray Childrens Fund
Is Scott Mcgilvray Childrens Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Scott Mcgilvray Childrens Fund (EIN: 20489703) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Scott Mcgilvray Childrens Fund a good charity to donate to?
Scott Mcgilvray Childrens Fund has a Mission Score of 90/100. Revenue: $8K. Assets: $100K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Scott Mcgilvray Childrens Fund?
The Employer Identification Number (EIN) for Scott Mcgilvray Childrens Fund is 20489703. 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 Scott Mcgilvray Childrens Fund spend its money?
Scott Mcgilvray Childrens Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Scott Mcgilvray Childrens Fund's tax-exempt status?
You can verify Scott Mcgilvray Childrens Fund's tax-exempt status using EIN 20489703 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 Scott Mcgilvray Childrens Fund demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, the organization has shown a steady growth in assets, from $35,187 in 2014 to $99,594 in 2023, indicating effective management of resources. The fund consistently operates with zero liabilities, which is a strong indicator of financial health and responsible fiscal practices.
Spending efficiency appears to be very high, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, allowing a greater proportion of funds to be directed towards its mission. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation is a significant positive for efficiency.
Transparency is good given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The consistent reporting of key financial metrics without significant fluctuations or anomalies further enhances trust. The organization's small scale, with latest revenue at $7,984 and expenses at $15,166 in 2023, suggests a community-focused operation where direct impact is likely. The consistent positive net assets and lack of liabilities are strong indicators of a well-managed and transparent small nonprofit.