Is Metropolitan Center For Mental Health Inc Legit?
Quick charity verification for Metropolitan Center For Mental Health Inc (EIN: 131978365)
Verdict: Metropolitan Center For Mental Health Inc appears trustworthy
75/100Mission Score
$8.2MRevenue
$23.0MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $3.7 million in 2023, $761,609 in 2022).
Significant decline in revenue from $14.3 million in 2020 to $8.2 million in 2023.
Liabilities have increased significantly from $671,559 in 2018 to $4,330,615 in 2023.
Strengths
Zero officer compensation reported across all available filings, indicating strong financial ethics.
Maintains substantial assets ($23,631,359 in 2023), providing a buffer for operations.
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency.
Spending Breakdown
How Metropolitan Center For Mental Health 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 Metropolitan Center For Mental Health Inc
Is Metropolitan Center For Mental Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Metropolitan Center For Mental Health Inc (EIN: 131978365) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Metropolitan Center For Mental Health Inc a good charity to donate to?
Metropolitan Center For Mental Health Inc has a Mission Score of 75/100. Revenue: $8.2M. Assets: $23.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Metropolitan Center For Mental Health Inc?
The Employer Identification Number (EIN) for Metropolitan Center For Mental Health Inc is 131978365. 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 Metropolitan Center For Mental Health Inc spend its money?
Metropolitan Center For Mental Health Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Metropolitan Center For Mental Health Inc's tax-exempt status?
You can verify Metropolitan Center For Mental Health Inc's tax-exempt status using EIN 131978365 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
The Metropolitan Center For Mental Health Inc. exhibits a fluctuating financial performance over the past several years. While the organization consistently reports substantial assets, reaching $23,631,359 in 2023, its revenue has seen a notable decline from a peak of $14,366,281 in 2020 to $8,289,056 in 2023. Concurrently, expenses have often exceeded revenue in recent periods, such as in 2023 where expenses were $12,074,071 against $8,289,056 in revenue, indicating operational deficits. This trend suggests a need for careful management of expenditures or a strategy to boost income.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is commendable and suggests a strong ethical stance on compensation.
Overall, the organization demonstrates a commitment to transparency through its compensation practices. However, the recent financial trends of declining revenue and increasing expenses warrant closer scrutiny to ensure long-term sustainability and efficient use of its substantial asset base. The organization's ability to manage these financial pressures will be key to its continued impact.