Is Metro Organization For Racial And Economic Equity Inc Legit?
Quick charity verification for Metro Organization For Racial And Economic Equity Inc (EIN: 202470054)
Verdict: Metro Organization For Racial And Economic Equity Inc appears trustworthy
90/100Mission Score
$577KRevenue
$257KAssets
1Red Flags
5Strengths
Red Flags
Unusually low liabilities in some years (e.g., $0 in 2020 and 2021) could warrant further investigation into accounting practices, though it could also indicate strong cash management.
Strengths
Consistent and significant revenue growth, from $83,828 in 2015 to $602,004 in 2022.
Healthy asset accumulation, growing from $29,924 in 2015 to $441,865 in 2022.
Zero reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
Consistent filing of IRS 990 forms over 13 periods, demonstrating strong transparency.
Expenses consistently below revenue in recent years, allowing for asset growth (e.g., 2022: $570,152 expenses vs. $602,004 revenue).
Spending Breakdown
How Metro Organization For Racial And Economic Equity 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 Metro Organization For Racial And Economic Equity Inc
Is Metro Organization For Racial And Economic Equity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Metro Organization For Racial And Economic Equity Inc (EIN: 202470054) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Metro Organization For Racial And Economic Equity Inc a good charity to donate to?
Metro Organization For Racial And Economic Equity Inc has a Mission Score of 90/100. Revenue: $577K. Assets: $257K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Metro Organization For Racial And Economic Equity Inc?
The Employer Identification Number (EIN) for Metro Organization For Racial And Economic Equity Inc is 202470054. 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 Metro Organization For Racial And Economic Equity Inc spend its money?
Metro Organization For Racial And Economic Equity Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Metro Organization For Racial And Economic Equity Inc's tax-exempt status?
You can verify Metro Organization For Racial And Economic Equity Inc's tax-exempt status using EIN 202470054 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
Metro Organization For Racial And Economic Equity Inc (MORE2) demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $602,004 in revenue in 2022. The organization has maintained a positive net asset position, growing from $29,924 in 2015 to $441,865 in 2022, indicating sound financial management and accumulation of reserves. Spending efficiency appears strong, with expenses consistently below revenue in recent years, allowing for asset growth. For instance, in 2022, expenses were $570,152 against $602,004 in revenue. The organization's consistent filing of IRS 990 forms over 13 periods, coupled with zero reported officer compensation, suggests a commitment to transparency and a focus on mission over executive pay.
The organization's financial health is robust, with a significant increase in assets and a stable revenue stream. The absence of reported officer compensation across all filings is a notable positive indicator for donor confidence, suggesting that resources are primarily directed towards programmatic activities. While specific program spending ratios are not provided in the summary data, the overall financial health and growth, combined with the lack of executive compensation, point towards an organization that is likely efficient in its use of funds and transparent in its operations.