Is Machebeuf Apartments Legit?

Red Flags

Consistent operating deficits (expenses exceeding revenue in most periods, e.g., $788,866 expenses vs. $687,282 revenue in 202312).
Liabilities consistently exceed assets in recent years, indicating a negative net asset position (e.g., $3,260,803 liabilities vs. $2,658,116 assets in 202312).
Significant decline in total assets over the past decade (from $4,272,265 in 201412 to $2,658,116 in 202312).

Spending Breakdown

How Machebeuf Apartments allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Machebeuf Apartments

Is Machebeuf Apartments a legitimate charity?

Based on AI analysis of IRS 990 filings, Machebeuf Apartments (EIN: 201719823) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Machebeuf Apartments a good charity to donate to?

Machebeuf Apartments has a Mission Score of 70/100. Revenue: $824K. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Machebeuf Apartments?

The Employer Identification Number (EIN) for Machebeuf Apartments is 201719823. 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 Machebeuf Apartments spend its money?

Machebeuf Apartments allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Machebeuf Apartments's tax-exempt status?

You can verify Machebeuf Apartments's tax-exempt status using EIN 201719823 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

Machebeuf Apartments appears to be a stable organization focused on its program services, as indicated by its consistent revenue streams and asset base. The organization consistently spends more than it brings in, as seen in the 202312 period where expenses were $788,866 against revenues of $687,282, and similar trends in prior years. This consistent operating deficit, while not immediately critical given its asset base, suggests a reliance on existing assets or other non-operating income sources to cover expenses. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for transparency and efficiency.

However, the organization's liabilities have consistently exceeded its assets in recent years, with liabilities of $3,260,803 against assets of $2,658,116 in 202312. This negative net asset position warrants closer examination. While the NTEE code is unknown, suggesting a lack of detailed classification, the consistent financial reporting through 14 filings demonstrates a commitment to transparency in its financial operations. The organization's ability to maintain operations despite these financial trends suggests a resilient operational model, likely supported by its real estate assets.

Given the consistent operating deficits and the negative net asset position, Machebeuf Apartments' long-term financial health requires careful monitoring. While program spending appears to be the primary focus due to the lack of officer compensation, the overall financial structure indicates potential challenges in achieving financial sustainability without addressing the gap between revenues and expenses, or the asset-liability imbalance. Further analysis would benefit from understanding the nature of its liabilities and the specific programs it delivers.

Verdict: Machebeuf Apartments appears trustworthy