Is M&N Sports Inc Legit?

Strengths

Consistent 0% officer compensation across all filings, indicating strong commitment to mission over executive pay.
Significant asset growth from $18,523 in 2015 to $1,400,917 in 2023, demonstrating financial stability and capacity.
Strong revenue generation, consistently over $1 million in most recent years, peaking at $1,925,625 in 2021.
Long and consistent filing history (13 filings), suggesting good governance and transparency.

Spending Breakdown

How M&N Sports Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 M&N Sports Inc

Is M&N Sports Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, M&N Sports Inc (EIN: 113785511) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is M&N Sports Inc a good charity to donate to?

M&N Sports Inc has a Mission Score of 85/100. Revenue: $1.8M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for M&N Sports Inc?

The Employer Identification Number (EIN) for M&N Sports Inc is 113785511. 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 M&N Sports Inc spend its money?

M&N Sports Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify M&N Sports Inc's tax-exempt status?

You can verify M&N Sports Inc's tax-exempt status using EIN 113785511 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

M&N Sports Inc. demonstrates a fluctuating but generally strong financial position over the past decade, with recent years showing significant revenue generation. In 2023, the organization reported revenues of $1,838,193 against expenses of $1,935,940, indicating a slight operational deficit for that year. However, this follows a very strong year in 2021 where revenues of $1,925,625 significantly outpaced expenses of $759,303, contributing to a substantial increase in assets. The organization's assets have grown considerably, from $18,523 in 2015 to $1,400,917 in 2023, suggesting effective asset management and accumulation over time, despite some year-to-year fluctuations. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for transparency and donor confidence.

The organization's spending efficiency appears to vary. While the 2021 filing shows excellent efficiency with expenses being less than half of revenue, 2022 and 2023 show expenses exceeding revenue, suggesting periods of increased investment or operational costs. The lack of detailed expense breakdowns in the provided data makes a precise assessment of program spending versus administrative and fundraising costs challenging. However, the overall trend of asset growth and the absence of executive compensation are strong indicators of a well-managed and mission-focused entity. The organization's consistent filing history over 13 periods also points to good governance and transparency in reporting to the IRS.

Verdict: M&N Sports Inc appears trustworthy

Red Flags