Is Marketplace Integration And Development Corporation Legit?

Quick charity verification for Marketplace Integration And Development Corporation (EIN: 200008327)

Verdict: Marketplace Integration And Development Corporation appears trustworthy

88/100Mission Score
$938KRevenue
$340KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Marketplace Integration And Development Corporation 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 Marketplace Integration And Development Corporation

Is Marketplace Integration And Development Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Marketplace Integration And Development Corporation (EIN: 200008327) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.

Is Marketplace Integration And Development Corporation a good charity to donate to?

Marketplace Integration And Development Corporation has a Mission Score of 88/100. Revenue: $938K. Assets: $340K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Marketplace Integration And Development Corporation?

The Employer Identification Number (EIN) for Marketplace Integration And Development Corporation is 200008327. 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 Marketplace Integration And Development Corporation spend its money?

Marketplace Integration And Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Marketplace Integration And Development Corporation's tax-exempt status?

You can verify Marketplace Integration And Development Corporation's tax-exempt status using EIN 200008327 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

Marketplace Integration And Development Corporation demonstrates a generally stable financial trajectory, with recent revenue growth to $806,088 in 2023, up from $519,244 in 2022. The organization consistently spends a high proportion of its budget on program services, indicating a strong commitment to its mission. For instance, in 2023, expenses were $782,678 against revenues of $806,088, suggesting efficient use of funds with a modest surplus. The organization's assets have shown growth over time, reaching $282,885 in 2023, providing a reasonable financial cushion relative to its operational scale. One notable aspect is the consistent reporting of 0% officer compensation across all available filings, which enhances transparency and suggests that leadership is either unpaid or compensated through other means not categorized as officer compensation, which would warrant further inquiry for a complete picture. The organization's liabilities have fluctuated but appear manageable, with $164,335 in 2023 against assets of $282,885. The NTEE code Q31 (Economic Development) aligns with the organization's name, suggesting a clear programmatic focus. Overall, Marketplace Integration And Development Corporation appears to be a financially sound organization with a strong program focus and good transparency regarding executive compensation. Its consistent growth in revenue and assets, coupled with efficient spending, points to a well-managed nonprofit. However, a deeper dive into the specific allocation of non-program expenses would provide even greater clarity on overall spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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