Quick charity verification for Mercado Global Inc (EIN: 201348926)
Verdict: Mercado Global Inc appears trustworthy
88/100Mission Score
$1.8MRevenue
$651KAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or that leadership is entirely volunteer, warranting further investigation for clarity.
Strengths
Consistent revenue growth over the past decade, from $904,371 in 2014 to $1,555,005 in 2023.
High spending efficiency, with expenses closely matching revenue (e.g., $1,553,275 expenses vs. $1,555,005 revenue in 2023).
Zero reported officer compensation across all 13 filings, suggesting a strong focus on programmatic spending.
Healthy asset growth, reaching $802,264 in 2023, providing financial stability.
Consistent and extensive IRS 990 filing history, demonstrating strong transparency.
Spending Breakdown
How Mercado Global 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 Mercado Global Inc
Is Mercado Global Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercado Global Inc (EIN: 201348926) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Mercado Global Inc a good charity to donate to?
Mercado Global Inc has a Mission Score of 88/100. Revenue: $1.8M. Assets: $651K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mercado Global Inc?
The Employer Identification Number (EIN) for Mercado Global Inc is 201348926. 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 Mercado Global Inc spend its money?
Mercado Global Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mercado Global Inc's tax-exempt status?
You can verify Mercado Global Inc's tax-exempt status using EIN 201348926 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
Mercado Global Inc demonstrates consistent financial health with a steady increase in revenue over the past decade, growing from $904,371 in 2014 to $1,555,005 in 2023. The organization maintains a lean operational model, with expenses closely tracking revenue, indicating efficient resource utilization. For instance, in 2023, expenses were $1,553,275 against revenues of $1,555,005, resulting in a modest surplus. The organization's assets have also shown healthy growth, reaching $802,264 in 2023, which provides a solid financial foundation.
The spending efficiency appears strong, as evidenced by the consistent near-zero officer compensation across all reported periods, suggesting that resources are primarily directed towards programmatic activities rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial picture points to a well-managed organization. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency, allowing stakeholders to track its financial performance over time.