Consistent IRS 990 filing history (10 filings), indicating strong transparency and compliance.
Efficient use of funds with virtually no overhead costs directly borne by the foundation's charitable budget.
Spending Breakdown
How Umb Financial Corporationcharitable Foundation allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Umb Financial Corporationcharitable Foundation
Is Umb Financial Corporationcharitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Umb Financial Corporationcharitable Foundation (EIN: 205093263) appears trustworthy. Mission Score: 98/100. 0 red flags identified, 5 strengths noted.
Is Umb Financial Corporationcharitable Foundation a good charity to donate to?
Umb Financial Corporationcharitable Foundation has a Mission Score of 98/100. Revenue: $7.5M. Assets: $14.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Umb Financial Corporationcharitable Foundation?
The Employer Identification Number (EIN) for Umb Financial Corporationcharitable Foundation is 205093263. 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 Umb Financial Corporationcharitable Foundation spend its money?
Umb Financial Corporationcharitable Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Umb Financial Corporationcharitable Foundation's tax-exempt status?
You can verify Umb Financial Corporationcharitable Foundation's tax-exempt status using EIN 205093263 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
UMB Financial Corporation Charitable Foundation demonstrates strong financial health and a clear commitment to its program services. The organization consistently maintains low liabilities, often reporting only $1, indicating sound financial management and minimal debt. Its assets have shown significant growth, from $3,564,061 in 2011 to $15,322,043 in 2023, suggesting effective asset accumulation and investment strategies. The foundation's revenue has fluctuated but generally trended upwards, with a notable peak of $5,747,224 in 2022, allowing for substantial program expenditures relative to its operational costs.
The foundation's spending efficiency is excellent, with 100% of its expenses consistently directed towards program services, as indicated by the 0% officer compensation and the nature of a charitable foundation. This means virtually all funds are directly applied to its mission. Transparency is high, given the consistent filing of IRS Form 990s and the clear financial reporting, particularly the absence of executive compensation, which simplifies financial analysis and builds donor trust. The foundation's structure as a corporate charitable foundation likely contributes to its streamlined operational costs and direct program focus.
Overall, the foundation appears to be a well-managed and highly efficient philanthropic entity. Its consistent growth in assets, minimal liabilities, and direct application of funds to charitable programs underscore a robust financial position and a strong dedication to its mission. The absence of officer compensation further reinforces its commitment to maximizing charitable impact.