Quick charity verification for M B D Community Housing Corporation (EIN: 133023179)
Verdict: M B D Community Housing Corporation appears trustworthy
85/100Mission Score
$5.6MRevenue
$31.4MAssets
3Red Flags
4Strengths
Red Flags
Consistent 0% reported officer compensation for an organization of this size, which is highly unusual and may obscure actual executive remuneration.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a precise assessment of spending efficiency.
Significant fluctuation in liabilities, particularly the sharp increase in 2020 and 2021, which requires further explanation.
Strengths
Strong financial health with consistent revenue generation exceeding expenses, leading to substantial surpluses.
Significant and consistent growth in assets, from $5.4 million in 2014 to over $28 million in 2023, indicating effective financial management and capacity building.
Low overall expense ratio relative to revenue (e.g., 46.47% in 2023), suggesting efficient operations.
Relatively low liabilities compared to assets in recent years, indicating good solvency and financial stability.
Spending Breakdown
How M B D Community Housing Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 M B D Community Housing Corporation
Is M B D Community Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, M B D Community Housing Corporation (EIN: 133023179) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is M B D Community Housing Corporation a good charity to donate to?
M B D Community Housing Corporation has a Mission Score of 85/100. Revenue: $5.6M. Assets: $31.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for M B D Community Housing Corporation?
The Employer Identification Number (EIN) for M B D Community Housing Corporation is 133023179. 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 M B D Community Housing Corporation spend its money?
M B D Community Housing Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify M B D Community Housing Corporation's tax-exempt status?
You can verify M B D Community Housing Corporation's tax-exempt status using EIN 133023179 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
M B D Community Housing Corporation demonstrates a generally healthy financial position, marked by consistent revenue generation and significant asset growth over the past decade. In the latest filing (202312), the organization reported revenue of $5,121,582 against expenses of $2,379,820, indicating a substantial surplus. This trend of revenue exceeding expenses is largely positive, contributing to the growth of its assets from $5,420,266 in 2014 to $28,075,979 in 2023. The organization's liabilities have remained relatively low compared to its assets, suggesting good financial management and solvency.
Spending efficiency appears strong, with expenses consistently lower than revenue in most recent years, allowing for asset accumulation. For instance, in 2023, only 46.47% of revenue was spent. The absence of reported officer compensation across all available filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being reported under different categories, which warrants further investigation for complete transparency. Overall, the financial health is robust, with a clear capacity to fund its operations and grow its asset base.
Transparency regarding executive compensation is high due to the reported 0% officer compensation. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across these categories is challenging. The consistent growth in assets and positive net income trends suggest effective financial stewardship, but a more granular view of expense allocation would enhance the transparency report.