Is Mhc Academic Foundation Legit?

Quick charity verification for Mhc Academic Foundation (EIN: 208407010)

Verdict: Mhc Academic Foundation appears trustworthy

85/100Mission Score
$3.3MRevenue
$16.1MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Mhc Academic Foundation demonstrates a generally stable financial position with consistent asset levels over the past decade, currently holding $16,118,675 in assets. The organization's revenue has fluctuated, notably experiencing a significant negative revenue in 202106 of $-5,080,920, which warrants further investigation to understand its nature (e.g., investment losses, accounting adjustment). Despite this anomaly, recent years show positive revenue generation. The foundation consistently reports 0% officer compensation, indicating a volunteer-led or externally compensated leadership structure, which can be a positive sign for donor confidence regarding executive pay. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising. The low liabilities across most years suggest good financial management and minimal debt burden.

View Full Transparency Report →

Disclaimer

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

Related Pages