Is Mbx Foundation Legit?

Quick charity verification for Mbx Foundation (EIN: 20603467)

Verdict: Mbx Foundation appears trustworthy

92/100Mission Score

$5.9MRevenue

$4.8MAssets

1Red Flags

5Strengths

Red Flags

Negative revenue reported in 202012 ($-346,023) which warrants further investigation into its cause, though subsequent years show strong recovery.

Strengths

Consistent deployment of funds, with expenses often matching or exceeding revenue (e.g., 202312 expenses of $5,026,357 vs. revenue of $4,970,679).
Zero reported officer compensation across all filings, indicating high efficiency and potential volunteer leadership.
Strong asset-to-liability ratio, demonstrating robust financial health (e.g., $4,112,901 assets vs. $38,604 liabilities in 202312).
Significant revenue growth in recent years, indicating expanding capacity and impact.
Consistent growth in assets, from $2,624,409 in 202012 to $4,112,901 in 202312.

Spending Breakdown

How Mbx Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Mbx Foundation

Is Mbx Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Mbx Foundation (EIN: 20603467) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Mbx Foundation a good charity to donate to?

Mbx Foundation has a Mission Score of 92/100. Revenue: $5.9M. Assets: $4.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mbx Foundation?

The Employer Identification Number (EIN) for Mbx Foundation is 20603467. 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 Mbx Foundation spend its money?

Mbx Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mbx Foundation's tax-exempt status?

You can verify Mbx Foundation's tax-exempt status using EIN 20603467 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

Mbx Foundation demonstrates a strong commitment to its programmatic mission, as evidenced by its consistent program spending. In the latest filing period (202312), the organization reported expenses of $5,026,357 against revenues of $4,970,679, indicating that nearly all incoming funds are being deployed. The foundation has shown significant growth in its financial activity, with revenues increasing from $694,229 in 201912 to $4,970,679 in 202312, and assets growing from $3,182,885 to $4,112,901 over the same period. This growth suggests increasing capacity and impact.

The organization's financial health appears stable, with assets consistently exceeding liabilities. For instance, in 202312, assets were $4,112,901 against liabilities of $38,604, indicating a very healthy balance sheet. The absence of reported officer compensation across all available filings is a notable positive for transparency and efficiency, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. The NTEE code B11 (Elementary & Secondary Education) aligns with a mission that typically requires substantial program spending.

While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall expense levels relative to revenue suggest a high operational efficiency. The consistent deployment of funds, with expenses often closely matching or slightly exceeding revenue in recent years (e.g., 202312), indicates that the foundation is actively using its resources rather than accumulating excessive reserves. This approach, combined with zero reported officer compensation, points to a well-managed and mission-focused organization.

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Disclaimer

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