Is Margaret B Mack Supportive Housingcorporation Legit?
Quick charity verification for Margaret B Mack Supportive Housingcorporation (EIN: 208411466)
Verdict: Margaret B Mack Supportive Housingcorporation appears trustworthy
70/100Mission Score
$209KRevenue
$2.5MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits, with expenses exceeding revenue in every reported year (e.g., 2023 expenses $233,116 vs. revenue $185,970).
Gradual but steady decline in total assets over the past decade (from $3,094,144 in 2014 to $2,646,227 in 2023).
Strengths
No reported officer compensation, indicating efficient use of funds at the leadership level.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Substantial asset base relative to annual expenses, providing a financial buffer despite deficits.
Spending Breakdown
How Margaret B Mack Supportive Housingcorporation 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 Margaret B Mack Supportive Housingcorporation
Is Margaret B Mack Supportive Housingcorporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Margaret B Mack Supportive Housingcorporation (EIN: 208411466) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Margaret B Mack Supportive Housingcorporation a good charity to donate to?
Margaret B Mack Supportive Housingcorporation has a Mission Score of 70/100. Revenue: $209K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Margaret B Mack Supportive Housingcorporation?
The Employer Identification Number (EIN) for Margaret B Mack Supportive Housingcorporation is 208411466. 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 Margaret B Mack Supportive Housingcorporation spend its money?
Margaret B Mack Supportive Housingcorporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Margaret B Mack Supportive Housingcorporation's tax-exempt status?
You can verify Margaret B Mack Supportive Housingcorporation's tax-exempt status using EIN 208411466 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
Margaret B Mack Supportive Housingcorporation consistently operates with expenses exceeding its revenue, as seen in the 2023 fiscal period where expenses were $233,116 against revenues of $185,970. This trend of deficit spending has been ongoing for at least the past decade, leading to a gradual decline in assets from $3,094,144 in 2014 to $2,646,227 in 2023. While the organization maintains a substantial asset base relative to its annual revenue, the sustained operational deficit raises questions about long-term financial sustainability without a change in funding or expenditure patterns. The organization's transparency is commendable given its consistent filing of IRS Form 990s, and the absence of officer compensation indicates a volunteer-led or very lean administrative structure.