Consistent asset growth over the past decade, from $7,652,434 in 2014 to $8,532,471 in 2023.
Generally positive operating margins, with revenues exceeding expenses in most recent years (e.g., 2023 revenue $5,262,792 vs. expenses $4,137,055).
Strong financial reserves with assets significantly exceeding liabilities (e.g., 2023 assets $8,532,471 vs. liabilities $352,970).
Spending Breakdown
How Michigan Infrastructure & Transportation Association Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Michigan Infrastructure & Transportation Association Inc
Is Michigan Infrastructure & Transportation Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Michigan Infrastructure & Transportation Association Inc (EIN: 202098366) appears trustworthy. Mission Score: 78/100. 2 red flags identified, 3 strengths noted.
Is Michigan Infrastructure & Transportation Association Inc a good charity to donate to?
Michigan Infrastructure & Transportation Association Inc has a Mission Score of 78/100. Revenue: $8.3M. Assets: $10.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Michigan Infrastructure & Transportation Association Inc?
The Employer Identification Number (EIN) for Michigan Infrastructure & Transportation Association Inc is 202098366. 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 Michigan Infrastructure & Transportation Association Inc spend its money?
Michigan Infrastructure & Transportation Association Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Michigan Infrastructure & Transportation Association Inc's tax-exempt status?
You can verify Michigan Infrastructure & Transportation Association Inc's tax-exempt status using EIN 202098366 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
Michigan Infrastructure & Transportation Association Inc (MITA) demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $8,532,471 in 2023. The organization has shown a positive net income in most recent years, notably in 2023 with revenues of $5,262,792 exceeding expenses of $4,137,055. While the specific breakdown of program, administrative, and fundraising expenses isn't explicitly detailed in the provided summary, the consistent growth in assets and positive operating margins suggest sound financial management. The absence of reported officer compensation across all filings indicates a potential for high transparency regarding executive pay, or that compensation is structured differently and not reported under 'Officer Comp' in the provided data.