Quick charity verification for Misaskim Corp (EIN: 203957164)
Verdict: Misaskim Corp appears trustworthy
85/100Mission Score
$3.4MRevenue
$1.1MAssets
2Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in the 202312 period by over $1.2 million, indicating a significant operating deficit for that year.
Liabilities have frequently exceeded assets in several filing periods (e.g., 2023, 2020, 2019, 2018, 2017, 2016, 2015, 2014), suggesting a potentially high debt burden or reliance on short-term obligations.
Strengths
Consistent reporting of 0% officer compensation across all 14 filings, demonstrating a strong commitment to mission-focused spending.
Overall growth in assets from $235,380 in 2015 to $1,131,100 currently, indicating long-term financial development.
Significant revenue generation, with the latest revenue at $3,407,871 and a peak of $4,571,240 in 2022, showing strong donor support.
Spending Breakdown
How Misaskim Corp 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 Misaskim Corp
Is Misaskim Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Misaskim Corp (EIN: 203957164) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Misaskim Corp a good charity to donate to?
Misaskim Corp has a Mission Score of 85/100. Revenue: $3.4M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Misaskim Corp?
The Employer Identification Number (EIN) for Misaskim Corp is 203957164. 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 Misaskim Corp spend its money?
Misaskim Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Misaskim Corp's tax-exempt status?
You can verify Misaskim Corp's tax-exempt status using EIN 203957164 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
Misaskim Corp demonstrates a generally stable financial profile with fluctuating revenues and expenses over the past decade. While the organization's latest reported revenue is $3,407,871, its 2023 expenses of $2,763,479 exceeded its revenue of $1,513,077 for that specific period, indicating a deficit year. However, the prior year (2022) showed a surplus with revenue of $4,571,240 against expenses of $3,957,285. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. Assets have shown growth over the years, from $235,380 in 2015 to $1,131,100 currently, though liabilities have also been significant, sometimes exceeding assets, as seen in 2023 where liabilities were $1,265,666 against assets of $893,858. This suggests a reliance on debt or short-term obligations to fund operations at times. Overall, the organization appears to be managing its finances, but the occasional deficit years and high liabilities warrant closer observation.