Is The Winifred Masterson Burke Foundation Inc Legit?
Quick charity verification for The Winifred Masterson Burke Foundation Inc (EIN: 133434928)
Verdict: The Winifred Masterson Burke Foundation Inc appears trustworthy
92/100Mission Score
$21.3MRevenue
$112.5MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing (202312) by over $2 million, leading to a deficit for that period.
Strengths
Consistently reports 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
Maintains a substantial and growing asset base, exceeding $100 million in recent years, providing long-term stability.
Consistent filing of IRS Form 990s over 13 periods demonstrates strong transparency and compliance.
Healthy asset-to-liability ratio, with liabilities consistently very low compared to total assets.
Spending Breakdown
How The Winifred Masterson Burke Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Winifred Masterson Burke Foundation Inc
Is The Winifred Masterson Burke Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Winifred Masterson Burke Foundation Inc (EIN: 133434928) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is The Winifred Masterson Burke Foundation Inc a good charity to donate to?
The Winifred Masterson Burke Foundation Inc has a Mission Score of 92/100. Revenue: $21.3M. Assets: $112.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Winifred Masterson Burke Foundation Inc?
The Employer Identification Number (EIN) for The Winifred Masterson Burke Foundation Inc is 133434928. 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 Winifred Masterson Burke Foundation Inc spend its money?
The Winifred Masterson Burke Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Winifred Masterson Burke Foundation Inc's tax-exempt status?
You can verify The Winifred Masterson Burke Foundation Inc's tax-exempt status using EIN 133434928 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 Winifred Masterson Burke Foundation Inc demonstrates a generally stable financial position with significant assets, consistently over $85 million in the past decade, peaking at $118 million in 2021. While revenue has fluctuated, ranging from $3 million to over $10 million annually, the organization has maintained a healthy asset base. In the most recent filing (202312), expenses ($5,104,798) exceeded revenue ($3,062,472), resulting in a deficit for that period, which is a point to monitor, though it's not uncommon for foundations to experience yearly fluctuations. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and efficiency profile.
The foundation's spending efficiency appears robust, particularly given the absence of reported officer compensation. With a substantial asset base, the organization has the capacity to weather revenue dips and continue its programmatic activities. The NTEE code E120 suggests a focus on medical research or health-related programs, aligning with a foundation's typical grant-making or direct program support. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency, allowing for public scrutiny of its operations.