Quick charity verification for Millard Business (EIN: 200083632)
Verdict: Millard Business appears trustworthy
80/100Mission Score
$66KRevenue
$48KAssets
1Red Flags
4Strengths
Red Flags
Inconsistent financial performance with deficits in 2020, 2021, and 2022
Strengths
Zero officer compensation across all reported periods
Positive net income and zero liabilities in the latest filing (2023)
Consistent IRS 990 filing history demonstrating transparency
Strong asset position relative to liabilities in recent years
Spending Breakdown
How Millard Business allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Millard Business
Is Millard Business a legitimate charity?
Based on AI analysis of IRS 990 filings, Millard Business (EIN: 200083632) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Millard Business a good charity to donate to?
Millard Business has a Mission Score of 80/100. Revenue: $66K. Assets: $48K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Millard Business?
The Employer Identification Number (EIN) for Millard Business is 200083632. 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 Millard Business spend its money?
Millard Business allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Millard Business's tax-exempt status?
You can verify Millard Business's tax-exempt status using EIN 200083632 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
Millard Business demonstrates a generally stable financial position, with recent filings showing positive net income in 2023 ($75,425 revenue vs. $54,956 expenses). However, the organization experienced deficits in the preceding three years (2020-2022), indicating some variability in financial performance. Assets have fluctuated but show a positive trend in the latest filing, reaching $40,177 with zero liabilities, which is a strong indicator of financial health. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead related to executive pay, contributing positively to spending efficiency.
The organization's NTEE code S41 (Business & Commerce) suggests its primary activities are likely related to supporting local businesses. Without detailed expense breakdowns, it's challenging to precisely assess program spending efficiency. However, the absence of officer compensation is a significant positive for transparency and efficiency. The consistent filing of IRS Form 990s over many years also points to a commitment to regulatory compliance and transparency.