Quick charity verification for Mentor Leaders Inc (EIN: 208263272)
Verdict: Mentor Leaders Inc appears trustworthy
90/100Mission Score
$926KRevenue
$1.6MAssets
1Red Flags
5Strengths
Red Flags
One year (2021) expenses exceeded revenue by a significant margin ($1,287,132 vs $1,073,882), though this was an isolated incident.
Strengths
Consistent growth in assets, from $63,390 in 2014 to $1,449,470 in 2023.
Zero reported officer compensation across all 13 filings, indicating high efficiency and dedication.
Maintained a healthy surplus in most years, contributing to financial stability.
Low liabilities relative to assets, suggesting strong financial management and low risk.
Consistent filing of IRS Form 990s over 13 periods demonstrates strong transparency and accountability.
Spending Breakdown
How Mentor Leaders 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 Mentor Leaders Inc
Is Mentor Leaders Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mentor Leaders Inc (EIN: 208263272) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Mentor Leaders Inc a good charity to donate to?
Mentor Leaders Inc has a Mission Score of 90/100. Revenue: $926K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mentor Leaders Inc?
The Employer Identification Number (EIN) for Mentor Leaders Inc is 208263272. 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 Mentor Leaders Inc spend its money?
Mentor Leaders Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mentor Leaders Inc's tax-exempt status?
You can verify Mentor Leaders Inc's tax-exempt status using EIN 208263272 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
Mentor Leaders Inc demonstrates consistent financial health with a strong trend of increasing assets and stable revenue generation. In the latest filing (202312), the organization reported revenue of $939,629 against expenses of $878,988, indicating a surplus that contributes to its growing asset base of $1,449,470. The organization has maintained a healthy financial position, with assets consistently exceeding liabilities, which were only $26,683 in 2023. This suggests good financial management and a low-risk profile.
The organization's spending efficiency appears robust, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and lack of officer compensation suggest a focus on mission. The organization's revenue has fluctuated but generally remained strong, with a notable dip in 2021 where expenses ($1,287,132) exceeded revenue ($1,073,882), but this was an anomaly quickly corrected in subsequent years.
Transparency is high regarding executive compensation, as the 0% reported officer compensation is a clear indicator. The consistent filing of IRS Form 990s over 13 periods further demonstrates a commitment to public accountability. The organization's NTEE code O55 (Youth Development, Services, and Leadership) aligns with its name, suggesting a clear mission focus. The steady growth in assets from $63,390 in 2014 to $1,449,470 in 2023 reflects effective stewardship of resources over time.