Quick charity verification for Minority Construction Council Inc (EIN: 203518707)
Verdict: Minority Construction Council Inc appears trustworthy
90/100Mission Score
$584KRevenue
$206KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong revenue growth, from $35,359 in 2016 to $584,252 in 2023.
Healthy asset accumulation, reaching $206,290 in 2023.
Zero liabilities reported in the latest filing (202312), indicating strong financial stability.
Consistent 0% officer compensation across all filings, suggesting efficient resource allocation.
Consistent filing history (12 filings), demonstrating transparency and accountability.
Spending Breakdown
How Minority Construction Council Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Minority Construction Council Inc
Is Minority Construction Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Minority Construction Council Inc (EIN: 203518707) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Minority Construction Council Inc a good charity to donate to?
Minority Construction Council Inc has a Mission Score of 90/100. Revenue: $584K. Assets: $206K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Minority Construction Council Inc?
The Employer Identification Number (EIN) for Minority Construction Council Inc is 203518707. 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 Minority Construction Council Inc spend its money?
Minority Construction Council Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Minority Construction Council Inc's tax-exempt status?
You can verify Minority Construction Council Inc's tax-exempt status using EIN 203518707 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
The Minority Construction Council Inc. demonstrates a strong financial trajectory, with its latest revenue reaching $584,252 in 2023, a significant increase from $434,892 in 2022 and $35,359 in 2016. The organization has consistently maintained a healthy financial position, with assets growing to $206,290 in 2023 and zero liabilities reported in its most recent filing, indicating sound financial management and solvency. Its expenses have generally remained below or close to its revenue, suggesting efficient operations and a focus on sustainability.
The organization's spending efficiency appears robust, as evidenced by its consistent growth in assets and the absence of liabilities in recent years. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that the majority of funds are likely directed towards its mission. The consistent growth in revenue and assets over the past decade points to increasing capacity and impact within its community.
Transparency is a key strength, with 12 filings available, indicating a consistent commitment to public disclosure. The reported 0% officer compensation across all available filings is a notable aspect, suggesting that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be viewed positively in terms of resource allocation directly to the mission. This practice, combined with a clear growth trend and healthy balance sheet, positions the Minority Construction Council Inc. as a financially sound and accountable nonprofit.