Is Mississippi Faith Based Coalition For…

Quick charity verification for Mississippi Faith Based Coalition For Community Renewal Inc (EIN: 200473859)

Spending Breakdown

How Mississippi Faith Based Coalition For Community Renewal 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

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 Mississippi Faith Based Coalition For Community Renewal Inc

Is Mississippi Faith Based Coalition For Community Renewal Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mississippi Faith Based Coalition For Community Renewal Inc (EIN: 200473859) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Mississippi Faith Based Coalition For Community Renewal Inc a good charity to donate to?

Mississippi Faith Based Coalition For Community Renewal Inc has a Mission Score of 85/100. Revenue: $144K. Assets: $67K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mississippi Faith Based Coalition For Community Renewal Inc?

The Employer Identification Number (EIN) for Mississippi Faith Based Coalition For Community Renewal Inc is 200473859. 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 Mississippi Faith Based Coalition For Community Renewal Inc spend its money?

Mississippi Faith Based Coalition For Community Renewal Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mississippi Faith Based Coalition For Community Renewal Inc's tax-exempt status?

You can verify Mississippi Faith Based Coalition For Community Renewal Inc's tax-exempt status using EIN 200473859 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

Mississippi Faith Based Coalition For Community Renewal Inc demonstrates a fluctuating but generally positive financial trend in recent years. In 2023, the organization reported revenue of $222,524 against expenses of $204,962, resulting in a surplus. This follows a similar pattern in 2022 with revenue of $165,288 and expenses of $148,733. The organization has consistently reported 0% officer compensation across all available filings, indicating a commitment to directing funds towards its mission rather than executive salaries. However, the organization's assets remain relatively modest, with $57,993 in 2023, suggesting limited reserves for long-term stability or significant expansion.

The organization's spending efficiency appears reasonable given the available data, with expenses generally aligning with or slightly below revenue in most recent periods. The absence of reported officer compensation is a strong indicator of financial prudence and a focus on program delivery. While specific program spending ratios are not detailed in the provided summary, the consistent operational surpluses in recent years (e.g., $17,562 in 2023 and $16,555 in 2022) suggest effective management of resources. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing public access to its financial activities.

Despite the positive recent trends, the organization experienced a significant deficit in 2021, with revenue of $64,486 against expenses of $135,320, leading to a substantial decrease in assets. This highlights a potential vulnerability to revenue fluctuations. However, the subsequent recovery in 2022 and 2023 indicates resilience and an ability to rebound from challenging financial periods. The consistent reporting of 0% officer compensation across all filings is a notable strength in terms of transparency and mission alignment.

Is Mississippi Faith Based Coalition For Community Renewal Inc Legit?

Verdict: Mississippi Faith Based Coalition For Community Renewal Inc appears trustworthy

Red Flags

Strengths