Consistent filing history, indicating compliance with IRS reporting requirements.
Spending Breakdown
How Mosaic Illinois Housing I allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
25%
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 Mosaic Illinois Housing I
Is Mosaic Illinois Housing I a legitimate charity?
Based on AI analysis of IRS 990 filings, Mosaic Illinois Housing I (EIN: 202997161) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 1 strength noted.
Is Mosaic Illinois Housing I a good charity to donate to?
Mosaic Illinois Housing I has a Mission Score of 40/100. Revenue: $54K. Assets: $661K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mosaic Illinois Housing I?
The Employer Identification Number (EIN) for Mosaic Illinois Housing I is 202997161. 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 Illinois Housing I spend its money?
Mosaic Illinois Housing I allocates 70% to programs, 25% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mosaic Illinois Housing I's tax-exempt status?
You can verify Mosaic Illinois Housing I's tax-exempt status using EIN 202997161 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 Illinois Housing I appears to be in a challenging financial position, consistently operating at a deficit for at least the past decade. In the most recent filing (202312), the organization reported revenue of $48,978 against expenses of $96,749, indicating a significant shortfall. This trend is consistent across all provided filings, with expenses routinely exceeding revenue. While the organization's assets have been steadily declining from over $1 million in 2014 to $694,483 in 2023, its liabilities have remained relatively stable, leading to a negative net asset position in the latest filing ($694,483 assets vs. $763,516 liabilities). This suggests a reliance on debt or other non-revenue funding to cover operational costs.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories. However, the consistent operational deficit is a major concern. The absence of reported officer compensation across all filings suggests either a volunteer-led board or that compensation is not reported in a way that is easily identifiable as officer compensation, which could impact transparency. The NTEE code L22 (Housing Development, Construction & Management) suggests a focus on housing, but the financial data points to an organization struggling to cover its costs.