Consistent reporting of 0% officer compensation, indicating strong financial prudence in executive pay.
Overall revenue has shown a general upward trend over the past few years, from $412,845 in 2020 to $1,208,117 in 2023.
Assets have grown significantly, reaching $678,006 in 2023, though offset by new liabilities.
Spending Breakdown
How Meat Import Council Of America Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Meat Import Council Of America Inc
Is Meat Import Council Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meat Import Council Of America Inc (EIN: 136174442) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Meat Import Council Of America Inc a good charity to donate to?
Meat Import Council Of America Inc has a Mission Score of 65/100. Revenue: $1.3M. Assets: $522K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Meat Import Council Of America Inc?
The Employer Identification Number (EIN) for Meat Import Council Of America Inc is 136174442. 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 Meat Import Council Of America Inc spend its money?
Meat Import Council Of America Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Meat Import Council Of America Inc's tax-exempt status?
You can verify Meat Import Council Of America Inc's tax-exempt status using EIN 136174442 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 Meat Import Council Of America Inc. demonstrates a fluctuating financial position over the past few years. While revenue has generally increased, reaching $1,208,117 in 2023, expenses have often outpaced it, leading to net losses in several periods, including $116,566 in 2023 and $54,869 in 2022. This trend suggests potential challenges in maintaining operational efficiency or managing growth. The organization's assets have shown growth, reaching $678,006 in 2023, but the introduction of significant liabilities ($390,181 in 2023) warrants closer examination, as previous years reported zero liabilities. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, or that officers are uncompensated, which is a positive sign for donor confidence.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the recurring deficit suggests that the organization is spending more than it brings in, which is not sustainable long-term. The NTEE code S41 (Business & Commerce Organizations) suggests its primary activities are likely advocacy or trade-related, rather than direct charitable services, which influences how 'program spending' is defined. The lack of reported officer compensation is a strong indicator of financial prudence in that specific area.
Overall, the organization appears transparent regarding executive compensation, but its financial health shows signs of strain due to consistent operating deficits and the recent emergence of substantial liabilities. Further detailed financial statements would be necessary to fully evaluate spending efficiency and the nature of its program activities.