Is The Edith And Frances Mulhall Achilles Memorial Fund Legit?
Quick charity verification for The Edith And Frances Mulhall Achilles Memorial Fund (EIN: 137102170)
Verdict: The Edith And Frances Mulhall Achilles Memorial Fund appears trustworthy
75/100Mission Score
$5.3MRevenue
$11.6MAssets
1Red Flags
4Strengths
Red Flags
Consistent annual deficits in recent years (e.g., 2023 expenses $836,711 vs. revenue $461,153), potentially indicating reliance on endowment drawdowns.
Strengths
Strong and stable asset base, consistently over $10 million, indicating long-term financial security.
Extremely low liabilities, often reported as $1, suggesting excellent financial management and minimal debt.
0% officer compensation reported across all filings, indicating highly efficient leadership costs.
Consistent IRS 990 filing history over a decade, demonstrating transparency and compliance.
Spending Breakdown
How The Edith And Frances Mulhall Achilles Memorial Fund 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 The Edith And Frances Mulhall Achilles Memorial Fund
Is The Edith And Frances Mulhall Achilles Memorial Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, The Edith And Frances Mulhall Achilles Memorial Fund (EIN: 137102170) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is The Edith And Frances Mulhall Achilles Memorial Fund a good charity to donate to?
The Edith And Frances Mulhall Achilles Memorial Fund has a Mission Score of 75/100. Revenue: $5.3M. Assets: $11.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Edith And Frances Mulhall Achilles Memorial Fund?
The Employer Identification Number (EIN) for The Edith And Frances Mulhall Achilles Memorial Fund is 137102170. 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 Edith And Frances Mulhall Achilles Memorial Fund spend its money?
The Edith And Frances Mulhall Achilles Memorial Fund allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Edith And Frances Mulhall Achilles Memorial Fund's tax-exempt status?
You can verify The Edith And Frances Mulhall Achilles Memorial Fund's tax-exempt status using EIN 137102170 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 Edith And Frances Mulhall Achilles Memorial Fund appears to be a well-established private foundation, as indicated by its consistent asset base, which has grown from approximately $10.3 million in 2011 to $11.25 million in 2023. The organization consistently reports minimal liabilities, often just $1, suggesting strong financial stability and low debt. However, the fund has frequently operated at a deficit in recent years, with expenses exceeding revenue in 2023 ($836,711 expenses vs. $461,153 revenue) and 2022 ($932,766 expenses vs. $590,383 revenue). This trend of spending more than it earns from operations could indicate reliance on its endowment for distributions, which is typical for a memorial fund.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s over the past decade, providing a clear financial history. The absence of reported officer compensation across all available filings suggests that the fund is managed by unpaid volunteers or through administrative services that are not categorized as direct officer compensation, which can be a positive indicator of efficiency. Further analysis would require a breakdown of their expenses to determine the exact allocation between program services, administrative costs, and fundraising, as this information is not provided in the summary data.