Is The William H Miner Agricultural Research Institute Legit?
Quick charity verification for The William H Miner Agricultural Research Institute (EIN: 141414736)
Verdict: The William H Miner Agricultural Research Institute appears trustworthy
92/100Mission Score
$19.7MRevenue
$29.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $9,056,540 in 2014 to $12,504,015 in 2023.
Strong program spending ratio, with 85% of expenses allocated to programs in 2023.
No reported officer compensation across all filings, indicating high efficiency.
Healthy asset-to-liability ratio, with assets of $27,614,442 against liabilities of $2,232,603 in 2023.
Steady increase in assets over time, demonstrating financial stability and growth.
Spending Breakdown
How The William H Miner Agricultural Research Institute allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 William H Miner Agricultural Research Institute
Is The William H Miner Agricultural Research Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, The William H Miner Agricultural Research Institute (EIN: 141414736) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is The William H Miner Agricultural Research Institute a good charity to donate to?
The William H Miner Agricultural Research Institute has a Mission Score of 92/100. Revenue: $19.7M. Assets: $29.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The William H Miner Agricultural Research Institute?
The Employer Identification Number (EIN) for The William H Miner Agricultural Research Institute is 141414736. 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 William H Miner Agricultural Research Institute spend its money?
The William H Miner Agricultural Research Institute allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The William H Miner Agricultural Research Institute's tax-exempt status?
You can verify The William H Miner Agricultural Research Institute's tax-exempt status using EIN 141414736 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 William H Miner Agricultural Research Institute demonstrates consistent financial growth and strong program spending based on its IRS 990 filings. Over the past decade, the organization's revenue has steadily increased from $9,056,540 in 2014 to $12,504,015 in 2023, with assets growing from $16,903,196 to $27,614,442 in the same period. This indicates a stable and expanding financial base. The institute consistently spends a high proportion of its expenses on program services, with 85% allocated to programs in 2023, reflecting a strong commitment to its mission of agricultural research and education.
The organization maintains a healthy financial position, with assets significantly exceeding liabilities. For instance, in 2023, assets were $27,614,442 against liabilities of $2,232,603, indicating robust financial solvency. The absence of reported officer compensation across all available filings suggests a high degree of financial efficiency and a focus on directing resources towards the organization's mission rather than executive salaries. This practice enhances the institute's transparency and demonstrates a commitment to maximizing impact.
Overall, The William H Miner Agricultural Research Institute appears to be a financially sound and efficiently managed nonprofit. Its consistent growth, strong program spending, and lack of reported officer compensation contribute to a positive assessment of its financial health and transparency. The organization's financial trajectory suggests a well-managed entity effectively utilizing its resources to achieve its stated goals.