Is United States Merchant Marine Academy Alumni Association And Fou Legit?
Quick charity verification for United States Merchant Marine Academy Alumni Association And Fou (EIN: 116037948)
Verdict: United States Merchant Marine Academy Alumni Association And Fou appears trustworthy
90/100Mission Score
$12.0MRevenue
$62.0MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $28.8M in 2014 to $58.7M in 2023.
Zero officer compensation reported across all filings, indicating strong financial integrity.
Healthy surplus of revenue over expenses, demonstrating financial stability (e.g., $6.5M revenue vs $4.8M expenses in 2023).
Low liabilities relative to assets, indicating strong balance sheet health (e.g., $381K liabilities vs $58.7M assets in 2023).
Spending Breakdown
How United States Merchant Marine Academy Alumni Association And Fou 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 United States Merchant Marine Academy Alumni Association And Fou
Is United States Merchant Marine Academy Alumni Association And Fou a legitimate charity?
Based on AI analysis of IRS 990 filings, United States Merchant Marine Academy Alumni Association And Fou (EIN: 116037948) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is United States Merchant Marine Academy Alumni Association And Fou a good charity to donate to?
United States Merchant Marine Academy Alumni Association And Fou has a Mission Score of 90/100. Revenue: $12.0M. Assets: $62.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United States Merchant Marine Academy Alumni Association And Fou?
The Employer Identification Number (EIN) for United States Merchant Marine Academy Alumni Association And Fou is 116037948. 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 United States Merchant Marine Academy Alumni Association And Fou spend its money?
United States Merchant Marine Academy Alumni Association And Fou allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United States Merchant Marine Academy Alumni Association And Fou's tax-exempt status?
You can verify United States Merchant Marine Academy Alumni Association And Fou's tax-exempt status using EIN 116037948 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 United States Merchant Marine Academy Alumni Association And Fou demonstrates consistent financial growth and strong asset accumulation. Over the past decade, its assets have grown from $28.8 million in 2014 to $58.7 million in 2023, indicating effective financial management and investment strategies. The organization consistently reports zero officer compensation, which is a significant positive indicator of transparency and a focus on mission over executive pay. While specific program spending details are not provided in the summary data, the consistent surplus of revenue over expenses, such as $6.5 million in revenue against $4.8 million in expenses in 2023, suggests a healthy financial position that allows for reinvestment into its mission.