Quick charity verification for Trust Uw Margaret Kennedy Nect (EIN: 16027394)
Verdict: Trust Uw Margaret Kennedy Nect appears trustworthy
70/100Mission Score
$260KRevenue
$344KAssets
3Red Flags
4Strengths
Red Flags
Frequent periods where expenses exceed revenue, potentially drawing down assets (e.g., 202404: Expenses $26,414 vs. Revenue $13,907; 202304: Expenses $30,950 vs. Revenue $-7,062).
Negative revenue reported in one period (202304: $-7,062), which warrants further investigation into its financial operations.
Unknown NTEE code and lack of detailed program descriptions make it difficult to understand its specific mission and impact.
Stable asset base, generally ranging between $300,000 and $380,000, suggesting long-term financial stability.
Minimal to zero liabilities across all filings, indicating a healthy balance sheet and no significant debt burden.
Consistent IRS 990 filing history, demonstrating good compliance and transparency in reporting.
Spending Breakdown
How Trust Uw Margaret Kennedy Nect allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Trust Uw Margaret Kennedy Nect
Is Trust Uw Margaret Kennedy Nect a legitimate charity?
Based on AI analysis of IRS 990 filings, Trust Uw Margaret Kennedy Nect (EIN: 16027394) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
Is Trust Uw Margaret Kennedy Nect a good charity to donate to?
Trust Uw Margaret Kennedy Nect has a Mission Score of 70/100. Revenue: $260K. Assets: $344K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Trust Uw Margaret Kennedy Nect?
The Employer Identification Number (EIN) for Trust Uw Margaret Kennedy Nect is 16027394. 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 Trust Uw Margaret Kennedy Nect spend its money?
Trust Uw Margaret Kennedy Nect allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Trust Uw Margaret Kennedy Nect's tax-exempt status?
You can verify Trust Uw Margaret Kennedy Nect's tax-exempt status using EIN 16027394 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
Trust Uw Margaret Kennedy Nect appears to be a small, private trust with a consistent asset base, typically ranging from $300,000 to $380,000 over the past decade. Its financial activity is characterized by relatively low revenue and expenses, suggesting it may primarily function as a grant-making or asset-holding entity rather than an operational charity with extensive programs. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds, as administrative overhead related to salaries is non-existent.
However, the financial health shows some volatility. For instance, in 202304, the organization reported negative revenue of $-7,062, while expenses were $30,950, indicating a significant deficit for that period. Similarly, in 202404, expenses ($26,414) exceeded revenue ($13,907). This pattern of expenses often exceeding revenue, particularly in recent years, suggests that the trust may be drawing down its assets or relying on investment returns not fully captured as 'revenue' in these summaries to cover its operational costs. The lack of detailed program spending information makes it difficult to assess spending efficiency beyond the absence of executive compensation.
Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of minimal liabilities ($0 or $1) indicates strong financial stability in terms of debt. However, without a clear NTEE code or detailed program descriptions, the specific mission and impact of the trust are not fully transparent to the public. The absence of officer compensation is a strong point for transparency regarding administrative costs.