Quick charity verification for M Carter Plaza (EIN: 201648302)
Verdict: M Carter Plaza appears trustworthy
90/100Mission Score
$513KRevenue
$2.2MAssets
1Red Flags
5Strengths
Red Flags
Unclear executive compensation structure (0% reported officer compensation may mask other forms of compensation or indicate reliance on unpaid leadership, which could be unsustainable long-term).
Strengths
Consistent asset growth (from $1.6M in 2014 to $2.1M in 2023).
Low liabilities relative to assets (e.g., $48,471 liabilities vs. $2,145,720 assets in 2023).
Positive net income in most years (e.g., $56,920 surplus in 2023).
No reported officer compensation, suggesting high efficiency and mission focus.
Long and consistent filing history (13 filings), indicating transparency.
Spending Breakdown
How M Carter Plaza 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 M Carter Plaza
Is M Carter Plaza a legitimate charity?
Based on AI analysis of IRS 990 filings, M Carter Plaza (EIN: 201648302) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is M Carter Plaza a good charity to donate to?
M Carter Plaza has a Mission Score of 90/100. Revenue: $513K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for M Carter Plaza?
The Employer Identification Number (EIN) for M Carter Plaza is 201648302. 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 Carter Plaza spend its money?
M Carter Plaza allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify M Carter Plaza's tax-exempt status?
You can verify M Carter Plaza's tax-exempt status using EIN 201648302 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 Carter Plaza demonstrates consistent financial stability and strong program focus based on its IRS 990 filings. Over the past decade, the organization has steadily grown its assets from $1,641,956 in 2014 to $2,145,720 in 2023, indicating sound financial management and accumulation of resources. Its revenue has also shown a positive trend, reaching $470,696 in 2023, consistently covering expenses in most years. The organization's liabilities remain low relative to its assets, suggesting a healthy balance sheet.
The organization's spending efficiency appears robust, with expenses generally well-managed in relation to revenue. For instance, in 2023, expenses were $413,776 against revenues of $470,696, resulting in a surplus. A significant strength is the reported 0% officer compensation across all available filings, which suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially indicating a high dedication to mission and efficient use of funds. This also contributes positively to its transparency profile, as it implies a focus on program delivery rather than high administrative overhead.
Overall, M Carter Plaza exhibits characteristics of a well-managed and financially prudent nonprofit. Its consistent asset growth, manageable liabilities, and apparent lack of paid officer compensation point to a strong commitment to its mission and responsible stewardship of donor funds. The organization's long filing history further enhances its transparency, providing a comprehensive view of its financial trajectory.