Is University Of Memphis Researchfoundation Legit?
Quick charity verification for University Of Memphis Researchfoundation (EIN: 205400381)
Verdict: University Of Memphis Researchfoundation appears trustworthy
90/100Mission Score
$1.3MRevenue
$5.0MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and mission focus.
Strong revenue growth in recent periods, with 202306 revenue at $2,093,460.
Consistent growth in assets, reaching $4,827,142 in 202306, demonstrating financial stability.
Positive net income in recent years, with revenue exceeding expenses.
Spending Breakdown
How University Of Memphis Researchfoundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 University Of Memphis Researchfoundation
Is University Of Memphis Researchfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, University Of Memphis Researchfoundation (EIN: 205400381) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is University Of Memphis Researchfoundation a good charity to donate to?
University Of Memphis Researchfoundation has a Mission Score of 90/100. Revenue: $1.3M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for University Of Memphis Researchfoundation?
The Employer Identification Number (EIN) for University Of Memphis Researchfoundation is 205400381. 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 University Of Memphis Researchfoundation spend its money?
University Of Memphis Researchfoundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify University Of Memphis Researchfoundation's tax-exempt status?
You can verify University Of Memphis Researchfoundation's tax-exempt status using EIN 205400381 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 University Of Memphis Researchfoundation demonstrates a fluctuating but generally positive financial trajectory, with recent filings showing strong revenue growth. In the 202306 period, revenue reached $2,093,460 against expenses of $1,899,168, indicating a surplus. This trend is an improvement from previous years where expenses sometimes exceeded revenue, such as in 201906 ($413,732 revenue vs. $587,071 expenses) and 201706 ($894,922 revenue vs. $2,374,453 expenses). The organization's assets have also shown consistent growth, reaching $4,827,142 in 202306, suggesting good financial management and stability. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a strong positive for transparency and efficiency.