Is Mhhc Foundation Inc Legit?

Quick charity verification for Mhhc Foundation Inc (EIN: 133276364)

Verdict: Mhhc Foundation Inc appears trustworthy

85/100Mission Score

$17.2MRevenue

$62.6MAssets

2Red Flags

3Strengths

Red Flags

Extreme revenue volatility makes financial planning and consistent operational assessment difficult.
Lack of detailed expense breakdown (program vs. admin/fundraising) in summary data limits efficiency analysis.

Strengths

Consistent reporting of 0% officer compensation, indicating efficient use of funds regarding executive pay.
Significant asset growth from $4,601,148 in 2021 to $74,280,167 in 2023, demonstrating strong financial accumulation.
Expenses generally lower than revenue in most periods, indicating financial solvency and ability to build reserves.

Spending Breakdown

How Mhhc Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Mhhc Foundation Inc

Is Mhhc Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mhhc Foundation Inc (EIN: 133276364) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Mhhc Foundation Inc a good charity to donate to?

Mhhc Foundation Inc has a Mission Score of 85/100. Revenue: $17.2M. Assets: $62.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mhhc Foundation Inc?

The Employer Identification Number (EIN) for Mhhc Foundation Inc is 133276364. 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 Mhhc Foundation Inc spend its money?

Mhhc Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mhhc Foundation Inc's tax-exempt status?

You can verify Mhhc Foundation Inc's tax-exempt status using EIN 133276364 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

Mhhc Foundation Inc exhibits highly volatile financial activity, making a consistent assessment challenging. In fiscal year 2022, the organization reported an extraordinary revenue of $69,412,819 against expenses of only $631,329, resulting in a massive surplus. This contrasts sharply with the prior year's revenue of $327,187 and expenses of $176,143, and the subsequent year's revenue of $2,291,585 and expenses of $1,372,505. The significant fluctuations in revenue and expenses, particularly the outlier in 2022, suggest potential large one-time grants or asset transfers rather than consistent operational funding. The organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation directly to mission-related activities, assuming all key personnel are volunteers or compensated through other means not reported as officer compensation.

Despite the revenue volatility, the organization has shown substantial asset growth, from $4,601,148 in 2021 to $74,280,167 in 2023, indicating strong financial accumulation. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's difficult to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing overhead in this specific area, which is a positive sign for transparency regarding executive pay. The overall financial health appears robust in terms of asset accumulation, but the extreme revenue swings warrant further investigation into the nature of its funding and expenditures to fully understand its operational model and long-term sustainability.

View Full Transparency Report →

Disclaimer

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