Quick charity verification for The Mark R Fusco Foundation Inc (EIN: 222566615)
Verdict: The Mark R Fusco Foundation Inc shows mixed signals
45/100Mission Score
$63KRevenue
$311KAssets
4Red Flags
2Strengths
Red Flags
Zero program service expenses reported across all available years, despite consistent revenue and expenses.
Significant administrative expenses (e.g., $31,101 in 2024, $32,583 in 2023) with no corresponding program activities.
Declining revenue trend from $37,115 in 2015 to $6,326 in 2024, while assets remain relatively stable.
Lack of clear mission or activities described in the provided data, beyond financial figures.
Strengths
The organization maintains a healthy asset base relative to its revenue and expenses, with $311,095 in assets as of 2024.
No reported liabilities ('l1' or 'l0' consistently indicates low or no liabilities).
Spending Breakdown
How The Mark R Fusco Foundation Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Mark R Fusco Foundation Inc
Is The Mark R Fusco Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Mark R Fusco Foundation Inc (EIN: 222566615) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is The Mark R Fusco Foundation Inc a good charity to donate to?
The Mark R Fusco Foundation Inc has a Mission Score of 45/100. Revenue: $63K. Assets: $311K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Mark R Fusco Foundation Inc?
The Employer Identification Number (EIN) for The Mark R Fusco Foundation Inc is 222566615. 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 Mark R Fusco Foundation Inc spend its money?
The Mark R Fusco Foundation Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Mark R Fusco Foundation Inc's tax-exempt status?
You can verify The Mark R Fusco Foundation Inc's tax-exempt status using EIN 222566615 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 Mark R Fusco Foundation Inc is a unknown nonprofit based in New Haven, Connecticut, with reported revenue of $63K and assets of $311K. Our AI analysis assigns a Mission Score of 45/100 (Fair). The foundation consistently reports $0 in compensation for all officers, directors, trustees, key employees, and highest compensated employees, which is unusual given the consistent administrative expenses. Revenue has grown +40% across 11 filing periods.