Is Mosaic Housing Corp Xiv Rockford…

Quick charity verification for Mosaic Housing Corp Xiv Rockford (EIN: 204417891)

Spending Breakdown

How Mosaic Housing Corp Xiv Rockford allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

25%

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 Mosaic Housing Corp Xiv Rockford

Is Mosaic Housing Corp Xiv Rockford a legitimate charity?

Based on AI analysis of IRS 990 filings, Mosaic Housing Corp Xiv Rockford (EIN: 204417891) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.

Is Mosaic Housing Corp Xiv Rockford a good charity to donate to?

Mosaic Housing Corp Xiv Rockford has a Mission Score of 55/100. Revenue: $80K. Assets: $801K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mosaic Housing Corp Xiv Rockford?

The Employer Identification Number (EIN) for Mosaic Housing Corp Xiv Rockford is 204417891. 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 Mosaic Housing Corp Xiv Rockford spend its money?

Mosaic Housing Corp Xiv Rockford allocates 70% to programs, 25% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mosaic Housing Corp Xiv Rockford's tax-exempt status?

You can verify Mosaic Housing Corp Xiv Rockford's tax-exempt status using EIN 204417891 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

Mosaic Housing Corp Xiv Rockford consistently operates with a deficit, as evidenced by its expenses regularly exceeding revenue. For example, in 2023, revenue was $77,326 while expenses were $128,223, resulting in a significant shortfall. This trend is consistent across multiple years, indicating that the organization relies on its assets or other funding mechanisms to cover operational costs. The organization's assets have also shown a steady decline over the past decade, from $1,249,867 in 2014 to $893,135 in 2023, suggesting a gradual depletion of resources.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational deficit raises questions about long-term financial sustainability. The organization reports 0% officer compensation across all filings, which is a positive indicator of minimizing overhead in that specific area. Transparency is generally good given the consistent filing of IRS Form 990s, but a more granular expense breakdown would enhance understanding of how funds are allocated.

Overall, while the organization maintains a consistent filing history and reports no officer compensation, its persistent operational deficits and declining asset base suggest financial challenges that warrant closer examination. The NTEE code L21 (Housing Development, Construction & Management) implies a focus on housing, but the financial data points to an organization struggling to cover its annual expenses through its revenue streams.

Is Mosaic Housing Corp Xiv Rockford Legit?

Verdict: Mosaic Housing Corp Xiv Rockford shows mixed signals

Red Flags

Strengths