Consistent operating deficits in recent years (e.g., $349,033 deficit in 2023).
Dramatic decline in revenue from $25.9M in 2014 to $1.3M in 2023.
Significant reduction in assets from $12.5M in 2014 to $484K in 2023.
Unusual consistent reporting of 0% officer compensation across all filings.
Strengths
Historically managed significant program expenditures.
No reported officer compensation, potentially indicating volunteer leadership.
Spending Breakdown
How Millennium Promise Alliance Inc 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 Millennium Promise Alliance Inc
Is Millennium Promise Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Millennium Promise Alliance Inc (EIN: 203042135) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
Is Millennium Promise Alliance Inc a good charity to donate to?
Millennium Promise Alliance Inc has a Mission Score of 55/100. Revenue: $1.8M. Assets: $651K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Millennium Promise Alliance Inc?
The Employer Identification Number (EIN) for Millennium Promise Alliance Inc is 203042135. 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 Millennium Promise Alliance Inc spend its money?
Millennium Promise Alliance Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Millennium Promise Alliance Inc's tax-exempt status?
You can verify Millennium Promise Alliance Inc's tax-exempt status using EIN 203042135 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
Millennium Promise Alliance Inc. exhibits a concerning trend of declining revenue and consistent operating deficits in recent years. In 2023, the organization reported revenue of $1,335,459 against expenses of $1,684,492, resulting in a deficit of over $300,000. This follows similar deficits in 2021 and 2020. While the organization has historically managed significant assets, these have also seen a substantial decline from a peak of $12,561,579 in 2014 to $484,010 in 2023. The consistent spending beyond revenue raises questions about long-term financial sustainability and reliance on existing assets or future funding. The lack of reported officer compensation across all filings suggests a potential reliance on volunteer leadership or compensation structured in a way not captured under 'Officer Comp' on the 990, which warrants further investigation for full transparency.