Is Monroe Community Sports Centre Corporation Legit?
Quick charity verification for Monroe Community Sports Centre Corporation (EIN: 161546226)
Verdict: Monroe Community Sports Centre Corporation shows mixed signals
65/100Mission Score
$3.5MRevenue
$21.2MAssets
3Red Flags
3Strengths
Red Flags
Persistent operational deficits (e.g., $771,203 deficit in 2023)
Significant and growing liabilities consistently exceeding assets (e.g., $27.9M liabilities vs. $11.9M assets in 2023)
Unexplained 0% officer compensation for an organization of this size
Strengths
Consistent revenue generation over $2.5M annually
Long history of IRS 990 filings, indicating transparency in reporting
Stable asset base, generally above $10M in recent years
Spending Breakdown
How Monroe Community Sports Centre Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Monroe Community Sports Centre Corporation
Is Monroe Community Sports Centre Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Monroe Community Sports Centre Corporation (EIN: 161546226) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Monroe Community Sports Centre Corporation a good charity to donate to?
Monroe Community Sports Centre Corporation has a Mission Score of 65/100. Revenue: $3.5M. Assets: $21.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Monroe Community Sports Centre Corporation?
The Employer Identification Number (EIN) for Monroe Community Sports Centre Corporation is 161546226. 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 Monroe Community Sports Centre Corporation spend its money?
Monroe Community Sports Centre Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Monroe Community Sports Centre Corporation's tax-exempt status?
You can verify Monroe Community Sports Centre Corporation's tax-exempt status using EIN 161546226 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
Monroe Community Sports Centre Corporation demonstrates consistent operational activity, with revenues and expenses generally in the range of $2.5M to $4M annually over the past decade. A notable financial characteristic is the organization's significant and growing liabilities, which have consistently exceeded its assets. For example, in 2023, liabilities were $27,940,981 against assets of $11,909,260, indicating a substantial long-term debt burden or capital lease structure. This financial structure warrants closer examination to understand its sustainability and impact on future operations.
The organization's transparency is positively impacted by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. The reported 0% officer compensation across all available filings suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could be a strength in terms of minimizing administrative overhead, but also warrants clarification for full transparency. The consistent reporting of expenses exceeding revenue in many periods, such as 2023 where expenses were $4,028,705 against revenue of $3,257,502, indicates an operational deficit that needs to be addressed for long-term financial stability.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of reported officer compensation suggests a potentially lean administrative structure. However, the persistent operational deficits and the high liabilities relative to assets are significant financial considerations that could impact the organization's ability to sustain and expand its programs in the long run. Further analysis of the detailed expense categories within the 990s would be necessary to fully assess spending efficiency.