Is Midwest Torah Center Corporation Legit?…

Quick charity verification for Midwest Torah Center Corporation (EIN: 204465187)

Red Flags

Consistent operating deficits: Expenses frequently exceed revenue, as seen in 202407 ($193,975 expenses vs. $131,619 revenue).
Declining asset base: Total assets have decreased from $2,033,843 in 2016 to $1,312,722 in 2024, indicating erosion of financial reserves.
Reliance on past assets: The organization appears to be funding current operations by drawing down its accumulated wealth rather than through sustainable annual revenue.
Significant revenue volatility: Revenue has fluctuated wildly, from $1,953,255 in 2016 to $31,621 in 2022, making financial planning challenging.

Spending Breakdown

How Midwest Torah Center Corporation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Midwest Torah Center Corporation

Is Midwest Torah Center Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Midwest Torah Center Corporation (EIN: 204465187) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Midwest Torah Center Corporation a good charity to donate to?

Midwest Torah Center Corporation has a Mission Score of 65/100. Revenue: $130K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Midwest Torah Center Corporation?

The Employer Identification Number (EIN) for Midwest Torah Center Corporation is 204465187. 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 Midwest Torah Center Corporation spend its money?

Midwest Torah Center Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Midwest Torah Center Corporation's tax-exempt status?

You can verify Midwest Torah Center Corporation's tax-exempt status using EIN 204465187 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

Midwest Torah Center Corporation exhibits a consistent pattern of operating deficits, with expenses frequently exceeding revenue. For instance, in the latest period (202407), expenses were $193,975 against revenues of $131,619, resulting in a deficit of over $62,000. This trend is visible across most recent filings, indicating a reliance on existing assets or other non-operating income sources to cover costs. While the organization's assets are substantial at $1,312,722 (202407), they have been steadily declining from a peak of over $2 million in 2016-2017, suggesting that these deficits are eroding its financial reserves. The consistent reporting of 0% officer compensation across all filings is a positive indicator of transparency regarding executive pay, though a detailed breakdown of other expenses would provide a clearer picture of spending efficiency.

The organization's financial health appears to be in a state of gradual decline, as evidenced by the shrinking asset base and persistent operating losses. While the NTEE code X30 (Religious Organizations) often implies different operational models compared to other nonprofits, the sustained deficit spending is a concern for long-term sustainability. The lack of reported officer compensation is a strong point for transparency in that specific area, but without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The organization's ability to sustain its mission will depend on reversing the trend of declining assets and achieving more balanced financial operations.

Given the available data, the organization's financial health is moderate but trending downwards due to consistent operating deficits. Its transparency regarding executive compensation is excellent, but a more granular view of functional expenses would enhance the assessment of spending efficiency. The significant asset base provides a buffer, but its continuous depletion is a critical issue that needs addressing.

Is Midwest Torah Center Corporation Legit?

Verdict: Midwest Torah Center Corporation shows mixed signals