Is The Chris And Melody Malachowsky Family Foundation Legit?
Quick charity verification for The Chris And Melody Malachowsky Family Foundation (EIN: 10555028)
Verdict: The Chris And Melody Malachowsky Family Foundation appears trustworthy
95/100Mission Score
$28.9MRevenue
$30.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
Significant and consistent growth in assets, from $8,059,473 in 2011 to $22,007,992 in 2023.
Minimal liabilities across all filing periods, demonstrating strong financial management.
Substantial revenue growth, particularly in recent years, suggesting increasing capacity for impact.
Strong financial stability with assets far exceeding liabilities.
Spending Breakdown
How The Chris And Melody Malachowsky Family Foundation 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 The Chris And Melody Malachowsky Family Foundation
Is The Chris And Melody Malachowsky Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Chris And Melody Malachowsky Family Foundation (EIN: 10555028) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is The Chris And Melody Malachowsky Family Foundation a good charity to donate to?
The Chris And Melody Malachowsky Family Foundation has a Mission Score of 95/100. Revenue: $28.9M. Assets: $30.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Chris And Melody Malachowsky Family Foundation?
The Employer Identification Number (EIN) for The Chris And Melody Malachowsky Family Foundation is 10555028. 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 The Chris And Melody Malachowsky Family Foundation spend its money?
The Chris And Melody Malachowsky Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Chris And Melody Malachowsky Family Foundation's tax-exempt status?
You can verify The Chris And Melody Malachowsky Family Foundation's tax-exempt status using EIN 10555028 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 Chris And Melody Malachowsky Family Foundation demonstrates strong financial health and a clear commitment to its programmatic mission. Over the past five years, the organization has seen substantial growth in revenue, from $1,958,808 in 2020 to $11,729,990 in 2023, indicating robust donor support or investment returns. Its assets have also grown significantly, reaching $22,007,992 in 2023, far exceeding its minimal liabilities of $1, which suggests excellent financial stability and stewardship. The foundation consistently reports 0% officer compensation, which is a strong indicator of efficient spending and a focus on direct program delivery rather than administrative overhead.
The foundation's spending efficiency appears very high, as evidenced by the lack of officer compensation and the general trend of expenses being well-managed relative to revenue. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation implies that a significant portion of expenses is likely directed towards its mission. The consistent reporting of minimal liabilities across all available filings further underscores a transparent and fiscally responsible operation. This financial structure allows the foundation to maximize its impact without significant overhead costs.