Quick charity verification for Maitripa College (EIN: 202884155)
Verdict: Maitripa College appears trustworthy
75/100Mission Score
$1.7MRevenue
$9.4MAssets
3Red Flags
4Strengths
Red Flags
Significant deficit spending in the latest filing (2023 expenses $997,063 vs. revenue $421,618).
Highly volatile revenue streams, making financial planning and sustainability challenging.
Unusually low liabilities ($65,557 in 2023) relative to assets, which could indicate conservative financial management or a lack of operational debt.
Strengths
Strong asset base ($9,373,666) providing financial stability.
Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
Long history of IRS 990 filings (12 filings), demonstrating commitment to transparency.
Significant asset growth over the past decade, from $38,019 in 2012 to over $9 million.
Spending Breakdown
How Maitripa College 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 Maitripa College
Is Maitripa College a legitimate charity?
Based on AI analysis of IRS 990 filings, Maitripa College (EIN: 202884155) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Maitripa College a good charity to donate to?
Maitripa College has a Mission Score of 75/100. Revenue: $1.7M. Assets: $9.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maitripa College?
The Employer Identification Number (EIN) for Maitripa College is 202884155. 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 Maitripa College spend its money?
Maitripa College allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maitripa College's tax-exempt status?
You can verify Maitripa College's tax-exempt status using EIN 202884155 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
Maitripa College exhibits inconsistent financial performance, with significant fluctuations in revenue and expenses over the past decade. For instance, revenue peaked at $7,912,111 in 2017 but dropped to $421,618 in 2023, while expenses in 2023 ($997,063) significantly outstripped revenue. Despite these variations, the organization has maintained a strong asset base, currently at $9,373,666, which suggests a degree of financial stability, likely from prior large contributions. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead in this area and strong transparency regarding executive pay.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, but the 2023 filing shows expenses more than double revenue, which is a concern for sustainability if it becomes a trend. However, the overall asset growth from $38,019 in 2012 to over $9 million currently suggests effective asset management or significant capital infusions. The consistent filing of IRS Form 990s demonstrates a commitment to transparency, providing a clear historical record of financial activity.
Overall, Maitripa College appears to be a transparent organization with a solid asset foundation, but its operational financial health shows volatility. The lack of officer compensation is a positive indicator of resource allocation, but the recent deficit spending warrants closer monitoring to ensure long-term viability.