Is The Menkes Foundation Inc Legit? —…

Spending Breakdown

How The Menkes Foundation Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 The Menkes Foundation Inc

Is The Menkes Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Menkes Foundation Inc (EIN: 208692098) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.

Is The Menkes Foundation Inc a good charity to donate to?

The Menkes Foundation Inc has a Mission Score of 70/100. Revenue: $181K. Assets: $186K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Menkes Foundation Inc?

The Employer Identification Number (EIN) for The Menkes Foundation Inc is 208692098. 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 Menkes Foundation Inc spend its money?

The Menkes Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Menkes Foundation Inc's tax-exempt status?

You can verify The Menkes Foundation Inc's tax-exempt status using EIN 208692098 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 Menkes Foundation Inc. exhibits a fluctuating financial history, with recent revenue of $181,146 and assets of $185,933. While the organization has shown periods of growth, such as the significant increase in revenue from $34,075 in 2020 to the latest reported $181,146, it has also experienced years where expenses exceeded revenue, as seen in 2019 ($66,457 expenses vs. $54,567 revenue) and 2018 ($49,309 expenses vs. $29,407 revenue). This indicates a need for consistent financial management to ensure long-term stability.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this area, which is a positive indicator for donor confidence. The absence of reported liabilities throughout its history also points to a conservative approach to debt.

Transparency appears to be adequate given the availability of 990 filings. However, a more detailed breakdown of expenses within these filings would allow for a more precise evaluation of how funds are allocated across programs, administration, and fundraising. The consistent growth in assets from $25,300 in 2020 to $185,933 currently suggests prudent asset management, but the overall financial health would benefit from more consistent revenue exceeding expenses.

Is The Menkes Foundation Inc Legit?

Verdict: The Menkes Foundation Inc appears trustworthy

Red Flags

Strengths