Quick charity verification for Main Street Ministry Association (EIN: 10905971)
Verdict: Main Street Ministry Association appears trustworthy
85/100Mission Score
$128KRevenue
$67KAssets
2Red Flags
3Strengths
Red Flags
Inconsistent revenue generation leading to occasional deficit spending (e.g., 2022 expenses $99,979 vs. revenue $64,747)
Declining asset base over the past several years (from $135,037 in 2016 to $71,901 in 2023)
Strengths
Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
Consistent filing of IRS 990 forms over 14 periods, demonstrating strong transparency and compliance.
Relatively low liabilities, suggesting prudent financial management of debt.
Spending Breakdown
How Main Street Ministry Association 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 Main Street Ministry Association
Is Main Street Ministry Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Main Street Ministry Association (EIN: 10905971) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Main Street Ministry Association a good charity to donate to?
Main Street Ministry Association has a Mission Score of 85/100. Revenue: $128K. Assets: $67K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Main Street Ministry Association?
The Employer Identification Number (EIN) for Main Street Ministry Association is 10905971. 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 Main Street Ministry Association spend its money?
Main Street Ministry Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Main Street Ministry Association's tax-exempt status?
You can verify Main Street Ministry Association's tax-exempt status using EIN 10905971 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
Main Street Ministry Association demonstrates consistent financial activity, with revenues fluctuating but generally staying within the $60,000 to $170,000 range over the past decade. The organization has shown a pattern of operating with relatively tight margins, with expenses often closely tracking or occasionally exceeding revenue, as seen in 2022 where expenses of $99,979 surpassed revenue of $64,747, and in 2017 where expenses of $101,612 exceeded revenue of $70,408. This indicates a need for careful financial management to maintain solvency. The organization's assets have seen a decline from a high of $135,037 in 2016 to $71,901 in 2023, suggesting a reduction in reserves or investment in programs. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust.
While the provided data doesn't detail specific program, administrative, or fundraising expenses, the overall financial picture suggests an organization operating with limited resources. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to regulatory compliance and transparency. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the observation of no executive compensation. The organization's ability to manage liabilities, which have generally remained low, is a positive indicator of financial prudence.
Overall, Main Street Ministry Association appears to be a lean operation, focused on its mission without incurring executive compensation costs. Its financial health is stable but not robust, with a need to ensure revenues consistently cover expenses to prevent further asset depletion. The transparency in filing and zero officer compensation are strong points, but more detailed expense breakdowns would further clarify its spending efficiency.