Is Metro Iaf Inc Legit?

Quick charity verification for Metro Iaf Inc (EIN: 133805406)

Verdict: Metro Iaf Inc appears trustworthy

75/100Mission Score
$1.8MRevenue
$14.9MAssets
4Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Metro Iaf Inc demonstrates a mixed financial picture with significant fluctuations in revenue and expenses over the past decade. While the organization reported substantial revenue in 2021 ($11,706,994) and 2020 ($3,992,206), its latest filing for 2023 shows expenses ($2,359,092) exceeding revenue ($2,227,043), indicating a deficit for that period. The organization's assets have grown considerably, from $543,851 in 2014 to $14,998,829 in 2023, suggesting effective asset management or significant capital inflows, particularly around 2020-2021. The consistent reporting of 0% officer compensation across all filings indicates strong financial transparency regarding executive pay, or that compensation is structured in a way not reported as officer compensation on the 990, which warrants further investigation. Overall, while asset growth is positive, the recent operating deficit and revenue volatility suggest a need for careful monitoring of financial sustainability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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