Quick charity verification for Metropolitan Development Center Inc (EIN: 113293489)
Verdict: Metropolitan Development Center Inc appears trustworthy
85/100Mission Score
$12.8MRevenue
$5.0MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation practices.
Strengths
Consistent and significant revenue growth, indicating expanding operations and funding.
Steady increase in assets, contributing to long-term financial stability.
Relatively low liabilities compared to assets, suggesting good financial health.
Strong track record of IRS 990 filings, indicating compliance and transparency.
Spending Breakdown
How Metropolitan Development Center 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 Development Center Inc
Is Metropolitan Development Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Metropolitan Development Center Inc (EIN: 113293489) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Metropolitan Development Center Inc a good charity to donate to?
Metropolitan Development Center Inc has a Mission Score of 85/100. Revenue: $12.8M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Metropolitan Development Center Inc?
The Employer Identification Number (EIN) for Metropolitan Development Center Inc is 113293489. 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 Development Center Inc spend its money?
Metropolitan Development Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Metropolitan Development Center Inc's tax-exempt status?
You can verify Metropolitan Development Center Inc's tax-exempt status using EIN 113293489 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
Metropolitan Development Center Inc demonstrates strong financial growth and appears to be in a healthy financial position. Over the past five years, revenue has consistently increased, from $2,549,979 in 2019 to $7,897,718 in 2023, indicating expanding operations and funding. The organization consistently operates with a surplus, with expenses generally lower than revenue, contributing to a steady increase in assets from $2,575,805 in 2019 to $3,648,790 in 2023. This suggests effective financial management and the ability to build reserves.
The organization's spending efficiency is commendable, as evidenced by the consistent surpluses. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that a significant portion of funds is likely directed towards its mission. The consistent growth in assets and relatively low liabilities further support a positive outlook on their financial stability. The absence of reported officer compensation across all filings is a notable aspect of their transparency, suggesting either a volunteer leadership model or that compensation is reported under other expense categories, which would warrant further investigation for complete transparency.