Is Mental Health America Of West Central Indiana Inc Legit?
Quick charity verification for Mental Health America Of West Central Indiana Inc (EIN: 208762173)
Verdict: Mental Health America Of West Central Indiana Inc appears trustworthy
90/100Mission Score
$2.5MRevenue
$3.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant revenue growth in the latest fiscal year (from $744,389 to $2,541,586).
Consistent reporting of 0% officer compensation across all filings.
Strong asset accumulation, growing from $1,448,115 in 2015 to $3,795,910 in 2023.
Healthy asset-to-liability ratio ($3,795,910 assets vs. $422,111 liabilities in 2023).
Low expenses relative to revenue in the most recent period ($819,850 expenses vs. $2,541,586 revenue in 2023).
Spending Breakdown
How Mental Health America Of West Central Indiana Inc 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 Mental Health America Of West Central Indiana Inc
Is Mental Health America Of West Central Indiana Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mental Health America Of West Central Indiana Inc (EIN: 208762173) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Mental Health America Of West Central Indiana Inc a good charity to donate to?
Mental Health America Of West Central Indiana Inc has a Mission Score of 90/100. Revenue: $2.5M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mental Health America Of West Central Indiana Inc?
The Employer Identification Number (EIN) for Mental Health America Of West Central Indiana Inc is 208762173. 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 Mental Health America Of West Central Indiana Inc spend its money?
Mental Health America Of West Central Indiana Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mental Health America Of West Central Indiana Inc's tax-exempt status?
You can verify Mental Health America Of West Central Indiana Inc's tax-exempt status using EIN 208762173 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
Mental Health America Of West Central Indiana Inc demonstrates strong financial health, particularly in its most recent filing period. The organization reported a significant increase in revenue to $2,541,586 in 2023, while keeping expenses relatively low at $819,850, resulting in a substantial surplus. This trend of revenue growth and asset accumulation (from $1,448,115 in 2015 to $3,795,910 in 2023) indicates effective financial management and a growing capacity to serve its mission. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards programs rather than executive salaries, enhancing its spending efficiency and transparency.
The organization's financial stability is further supported by its healthy asset-to-liability ratio, with assets of $3,795,910 significantly outweighing liabilities of $422,111 in 2023. While specific program spending percentages are not detailed in the provided data, the overall low expense ratio relative to revenue in recent years implies a strong focus on accumulating resources, which could be for future program expansion or endowment building. The consistent filing of IRS Form 990s over many years also points to a good level of transparency in its financial operations.