Quick charity verification for Mdc Retiree Health Care Trust (EIN: 113137000)
Verdict: Mdc Retiree Health Care Trust appears trustworthy
80/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filing reports $0 revenue and assets, a significant and unexplained departure from previous years' multi-million dollar figures.
Uncertainty regarding the current operational status of the organization due to the latest financial report.
Strengths
Consistent financial management in prior years, with revenues closely matching expenses (e.g., 2016 revenue $28,037,973 vs. expenses $27,719,744).
Zero officer compensation reported across all filings, indicating highly efficient administrative spending.
Minimal liabilities reported in most periods, suggesting sound financial health prior to the latest filing (e.g., $0 liabilities in 2016, 2015, 2014, 2013, 2011).
Spending Breakdown
How Mdc Retiree Health Care Trust allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Mdc Retiree Health Care Trust
Is Mdc Retiree Health Care Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Mdc Retiree Health Care Trust (EIN: 113137000) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Mdc Retiree Health Care Trust a good charity to donate to?
Mdc Retiree Health Care Trust has a Mission Score of 80/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mdc Retiree Health Care Trust?
The Employer Identification Number (EIN) for Mdc Retiree Health Care Trust is 113137000. 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 Mdc Retiree Health Care Trust spend its money?
Mdc Retiree Health Care Trust allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mdc Retiree Health Care Trust's tax-exempt status?
You can verify Mdc Retiree Health Care Trust's tax-exempt status using EIN 113137000 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
The Mdc Retiree Health Care Trust appears to be a well-managed entity focused on its primary purpose, as indicated by its consistent financial performance over the past several years. The organization consistently reports revenues closely aligned with expenses, suggesting efficient allocation of resources to meet its obligations. For example, in 2016, revenue was $28,037,973 against expenses of $27,719,744, demonstrating a tight operational margin. The absence of reported officer compensation across all available filings indicates a commitment to minimizing administrative overhead, which is a positive sign for spending efficiency.
However, the most recent filing showing $0 in both revenue and assets, following years of multi-million dollar figures, raises a significant red flag regarding the current status or reporting of the organization. This abrupt change warrants further investigation to understand if the trust has ceased operations, merged, or if there's a reporting anomaly. Without this clarification, a complete assessment of its current financial health is challenging.
Overall, prior to the latest filing, the trust demonstrated strong financial management with revenues consistently covering expenses and minimal liabilities. The lack of officer compensation also points to a lean operational structure. The primary concern now revolves around the sudden drop to zero revenue and assets in the latest report, which impacts the assessment of its ongoing viability and transparency.