Quick charity verification for M Powered Music And Performing Arts (EIN: 20493348)
Verdict: M Powered Music And Performing Arts appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
1Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in summary data, making precise program efficiency difficult to ascertain.
Strengths
Strong financial growth in the latest period, with revenue of $65,221 and assets of $107,060.
Very low expenses relative to revenue in the latest filing ($9,792 expenses vs. $65,221 revenue).
Consistent reporting of 0% officer compensation across all filings.
Stable asset growth over the past decade, indicating good financial stewardship.
Minimal to no liabilities reported, suggesting low financial risk.
Spending Breakdown
How M Powered Music And Performing Arts 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 Powered Music And Performing Arts
Is M Powered Music And Performing Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, M Powered Music And Performing Arts (EIN: 20493348) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is M Powered Music And Performing Arts a good charity to donate to?
M Powered Music And Performing Arts has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for M Powered Music And Performing Arts?
The Employer Identification Number (EIN) for M Powered Music And Performing Arts is 20493348. 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 Powered Music And Performing Arts spend its money?
M Powered Music And Performing Arts allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify M Powered Music And Performing Arts's tax-exempt status?
You can verify M Powered Music And Performing Arts's tax-exempt status using EIN 20493348 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 Powered Music And Performing Arts demonstrates a generally stable financial history, with recent growth in revenue and assets. In the latest filing (202312), the organization reported revenue of $65,221 and expenses of $9,792, resulting in a significant surplus and an increase in assets to $107,060. This indicates strong financial management in the most recent period. Historically, the organization has maintained a modest but consistent level of activity, with revenues and expenses typically in the $30,000-$40,000 range. The absence of reported liabilities in most periods, including the latest, suggests good fiscal health and low financial risk.
The organization's spending efficiency appears strong, particularly in the latest period where expenses were significantly lower than revenue. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall low expense ratio in 202312 is positive. The consistent reporting of 0% officer compensation across all filings indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence regarding overhead.
Transparency is generally good, with a consistent filing history over the past decade. The availability of 10 years of IRS 990 data allows for a comprehensive review of financial trends. The lack of reported officer compensation is a notable point for transparency, as it suggests a lean operational structure at the top. However, without a detailed functional expense breakdown, it's challenging to fully assess the proportion of funds directly allocated to programs versus administrative or fundraising activities.