Quick charity verification for Monadnock Business Ventures Inc (EIN: 20457130)
Verdict: Monadnock Business Ventures Inc has notable concerns
5/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths
Red Flags
Consistent $0 revenue in recent years
Consistent $0 assets in recent years
Significant liabilities ($149,373 in 2016) far exceeding assets
Minimal to no expenses reported in recent filings, indicating lack of activity
Strengths
Consistent filing of IRS 990 forms, maintaining transparency despite inactivity
No reported officer compensation, indicating no personal financial gain from the organization's limited funds
Spending Breakdown
How Monadnock Business Ventures Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Monadnock Business Ventures Inc
Is Monadnock Business Ventures Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monadnock Business Ventures Inc (EIN: 20457130) has notable concerns. Mission Score: 5/100. 4 red flags identified, 2 strengths noted.
Is Monadnock Business Ventures Inc a good charity to donate to?
Monadnock Business Ventures Inc has a Mission Score of 5/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Monadnock Business Ventures Inc?
The Employer Identification Number (EIN) for Monadnock Business Ventures Inc is 20457130. 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 Monadnock Business Ventures Inc spend its money?
Monadnock Business Ventures Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Monadnock Business Ventures Inc's tax-exempt status?
You can verify Monadnock Business Ventures Inc's tax-exempt status using EIN 20457130 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
Monadnock Business Ventures Inc appears to be in a state of financial dormancy or significant decline. The organization has reported $0 in revenue and $0 in assets in its latest filing, following several years of minimal to no revenue generation. For instance, in 2016, revenue was $0 against expenses of $368, and in 2015, revenue was also $0 with expenses of $657. This consistent lack of income, coupled with a history of substantial liabilities (e.g., $149,373 in 2016) far exceeding assets, raises serious concerns about its operational viability and ability to fulfill any stated mission.
The organization's spending efficiency is difficult to assess given the extremely low activity levels. With negligible expenses in recent years, there's little to analyze in terms of program delivery versus administrative or fundraising costs. The absence of officer compensation across all reported periods suggests either a volunteer-run operation or a complete lack of active leadership, which aligns with the overall picture of inactivity. Transparency is generally good in terms of filing the required IRS forms, but the financial data itself indicates a lack of substantive operations to report on.
Overall, Monadnock Business Ventures Inc does not appear to be an active or financially healthy nonprofit. Its consistent zero revenue and asset figures, alongside persistent liabilities, suggest it may be a shell organization or one that has ceased operations without formally dissolving. Donors would find no active programs to support based on the available financial data.