Quick charity verification for Morc Home Care Inc (EIN: 202978273)
Verdict: Morc Home Care Inc appears trustworthy
92/100Mission Score
$10.5MRevenue
$8.3MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or if it's truly volunteer-led.
Strengths
Consistent revenue generation, with latest revenue at $10,458,852.
Strong asset growth over the past decade, reaching $8,829,099 in 202309.
Low liabilities relative to assets, indicating a healthy financial position ($566,719 in 202309).
No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
Stable financial operations with revenues generally exceeding expenses over the long term.
Spending Breakdown
How Morc Home Care Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Morc Home Care Inc
Is Morc Home Care Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morc Home Care Inc (EIN: 202978273) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Morc Home Care Inc a good charity to donate to?
Morc Home Care Inc has a Mission Score of 92/100. Revenue: $10.5M. Assets: $8.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morc Home Care Inc?
The Employer Identification Number (EIN) for Morc Home Care Inc is 202978273. 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 Morc Home Care Inc spend its money?
Morc Home Care Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morc Home Care Inc's tax-exempt status?
You can verify Morc Home Care Inc's tax-exempt status using EIN 202978273 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
Morc Home Care Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade, indicating a stable financial position. For the most recent period (202309), the organization reported revenues of $8,680,173 against expenses of $9,137,934, resulting in a deficit for that year. However, prior years, such as 202209, showed a surplus with revenues of $8,316,964 and expenses of $7,904,222. The organization's assets have grown steadily, reaching $8,829,099 in 202309, while liabilities remain relatively low at $566,719, suggesting good asset management and limited debt burden.
Spending efficiency appears to be strong, as indicated by the NTEE code L22 (Home Health Care) which typically involves significant program service expenses. The consistent growth in revenue and assets over the long term, despite occasional annual deficits, points to a well-managed organization. The absence of reported officer compensation across all available filings is a significant positive indicator for transparency and efficient use of funds, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990, which warrants further investigation but is generally a good sign for a nonprofit.