Is Thomas And Janet Montag Family Foundation Legit?
Quick charity verification for Thomas And Janet Montag Family Foundation (EIN: 137103239)
Verdict: Thomas And Janet Montag Family Foundation appears trustworthy
95/100Mission Score
$10.0MRevenue
$32.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently minimal liabilities ($0 or $1) indicating strong financial stability.
No reported officer compensation across all filings, demonstrating exceptional spending efficiency.
Significant asset growth from $3.3M in 2014 to $32.1M in the latest period, indicating effective asset management.
Strong financial health with substantial assets relative to annual expenses.
High transparency regarding administrative costs due to 0% officer compensation.
Spending Breakdown
How Thomas And Janet Montag Family Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
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 Thomas And Janet Montag Family Foundation
Is Thomas And Janet Montag Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Thomas And Janet Montag Family Foundation (EIN: 137103239) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Thomas And Janet Montag Family Foundation a good charity to donate to?
Thomas And Janet Montag Family Foundation has a Mission Score of 95/100. Revenue: $10.0M. Assets: $32.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Thomas And Janet Montag Family Foundation?
The Employer Identification Number (EIN) for Thomas And Janet Montag Family Foundation is 137103239. 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 Thomas And Janet Montag Family Foundation spend its money?
Thomas And Janet Montag Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Thomas And Janet Montag Family Foundation's tax-exempt status?
You can verify Thomas And Janet Montag Family Foundation's tax-exempt status using EIN 137103239 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 Thomas And Janet Montag Family Foundation appears to be a well-managed private foundation with a strong financial position. Over the past few years, its assets have grown significantly, reaching $32,159,590 in the latest period, up from $3,315,418 in 2014. While revenue has fluctuated, with a high of $7,918,234 in 2021 and $1,379,195 in 2023, the foundation consistently maintains substantial assets, indicating good stewardship of its endowment. The foundation's liabilities have consistently been minimal ($0 or $1), suggesting a very low financial risk profile.
Spending efficiency is excellent, as the foundation reports 0% officer compensation across all filings, indicating that its operations are likely managed by volunteers or through other non-compensated means, allowing a greater proportion of funds to be directed towards its mission. Given its nature as a family foundation (NTEE Code T20), its primary function is likely grant-making, which inherently leads to high program spending. The absence of reported officer compensation also contributes to a high degree of transparency regarding how funds are allocated, as there are no significant executive salaries to scrutinize.
Overall, the foundation demonstrates strong financial health, exceptional spending efficiency due to no reported officer compensation, and a high level of transparency in its financial reporting, particularly concerning administrative overhead. Its consistent asset growth and minimal liabilities further reinforce its stability and capacity to fulfill its philanthropic objectives.