Is Spinal Muscular Atrophy Foundation…

Quick charity verification for Spinal Muscular Atrophy Foundation (EIN: 10759380)

Strengths

Consistent 0% officer compensation across all filings, indicating strong commitment to mission over executive pay.
Strong financial health with substantial asset growth in recent years, reaching $33,691,989 in 2023.
Low liabilities relative to assets, with liabilities of $2,221,271 against assets of $33,691,989 in 2023.
Significant revenue surpluses in recent years (e.g., $21,379,676 in 2022, $8,866,222 in 2023), allowing for asset accumulation and future program investment.

Spending Breakdown

How Spinal Muscular Atrophy Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Spinal Muscular Atrophy Foundation

Is Spinal Muscular Atrophy Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Spinal Muscular Atrophy Foundation (EIN: 10759380) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Spinal Muscular Atrophy Foundation a good charity to donate to?

Spinal Muscular Atrophy Foundation has a Mission Score of 90/100. Revenue: $19.5M. Assets: $50.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Spinal Muscular Atrophy Foundation?

The Employer Identification Number (EIN) for Spinal Muscular Atrophy Foundation is 10759380. 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 Spinal Muscular Atrophy Foundation spend its money?

Spinal Muscular Atrophy Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Spinal Muscular Atrophy Foundation's tax-exempt status?

You can verify Spinal Muscular Atrophy Foundation's tax-exempt status using EIN 10759380 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 Spinal Muscular Atrophy Foundation demonstrates a strong financial position, particularly in its most recent filings. In 2023, the organization reported revenue of $12,507,750 against expenses of $3,641,528, indicating a significant surplus that contributes to its growing asset base of $33,691,989. This trend of revenue exceeding expenses is also evident in 2022, with $25,419,539 in revenue and $4,039,863 in expenses, leading to assets of $24,079,888. The foundation's financial health appears robust, with substantial assets relative to its liabilities, suggesting good stewardship of funds.

Spending efficiency is a notable strength, as indicated by the low expense figures relative to revenue in recent years. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the raw data, the overall low expense ratio suggests that a significant portion of incoming funds is either being saved for future programs or directly allocated to mission-related activities. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing resources towards the mission rather than executive salaries.

However, the significant fluctuations in revenue, such as the drop from $25,419,539 in 2022 to $12,507,750 in 2023, and the much lower revenue in 2021 ($123,312), suggest potential reliance on large, infrequent grants or donations. While the organization's financial health is currently strong, understanding the stability of its funding sources would provide a more complete picture of long-term sustainability. The consistent 0% officer compensation is a positive sign for transparency.

Is Spinal Muscular Atrophy Foundation Legit?

Verdict: Spinal Muscular Atrophy Foundation appears trustworthy

Red Flags