Quick charity verification for Matrix Health Inc (EIN: 20473737)
Verdict: Matrix Health Inc shows mixed signals
50/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Zero revenue and expenses for ten consecutive years, indicating non-operation.
No assets reported, suggesting no organizational infrastructure or resources.
Consistent reporting of $0 liabilities, which, while not negative, reinforces the lack of financial activity.
Strengths
Consistent filing of IRS 990 forms, demonstrating compliance with reporting requirements despite inactivity.
Spending Breakdown
How Matrix Health Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Matrix Health Inc
Is Matrix Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Matrix Health Inc (EIN: 20473737) shows mixed signals. Mission Score: 50/100. 3 red flags identified, 1 strength noted.
Is Matrix Health Inc a good charity to donate to?
Matrix Health Inc has a Mission Score of 50/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Matrix Health Inc?
The Employer Identification Number (EIN) for Matrix Health Inc is 20473737. 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 Matrix Health Inc spend its money?
Matrix Health Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Matrix Health Inc's tax-exempt status?
You can verify Matrix Health Inc's tax-exempt status using EIN 20473737 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
Matrix Health Inc. appears to be a non-operational entity based on its IRS 990 filings. For ten consecutive fiscal periods, from 201109 to 202009, the organization reported $0 in revenue, $0 in expenses, $0 in assets, and $0 in liabilities. This consistent lack of financial activity strongly suggests that the organization has not engaged in any programmatic or administrative functions during this time. Consequently, there is no financial health to assess, and spending efficiency is not applicable as no spending has occurred.
From a transparency perspective, the organization has consistently filed its IRS 990 forms, which is a positive indicator of compliance. However, the filings themselves reveal a complete absence of financial transactions, offering no insight into actual operations or impact. The consistent reporting of zero officer compensation further supports the conclusion of inactivity. Without any financial data, it is impossible to evaluate the organization's use of funds or its effectiveness in achieving any stated mission.