Markorn Foundation

Nonprofit profile at a glance

EIN
831802115
IRS 990-PF coverage
2017–2017
Forms available
Form 990-PF 2017
Location
Brooklyn, NY, USA
Phone
7187048778
Rating
54
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$219,314
Expenses
$13,250

Source: IRS Form 990-PF. Selected filing: tax year 2017. Amounts in USD.

Overview

Mission

Markorn Foundation is a nonprofit. Location: Brooklyn, NY. EIN 831802115. Tax year 2017 Form 990-PF reports $219K revenue and $13.2K expenses.

What it reported funding in 2017

The foundation reported 1 grant totaling $12,000. The stated grant purpose was general support.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

MIXED - The filing identifies who received its grants and a large share of spending goes to grants. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 91
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 53

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 90.6%; rating input score 91; 69th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 7; rating input score 100

Endowment Health

  • Endowment-health comparison: 17.17; rating input score 53; 53rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Trustees: Filed trustees detail
  • Investments: 53th percentile for endowment coverage
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Endowment Health: Endowment-health comparison scored 53/100.