Quick charity verification for Mosaic Illinois Housing Ii (EIN: 204417645)
Verdict: Mosaic Illinois Housing Ii shows mixed signals
65/100Mission Score
$64KRevenue
$383KAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits, with expenses regularly exceeding revenue (e.g., $59,414 expenses vs. $37,547 revenue in 2023).
Steady decline in total assets over the past decade, from $619,758 in 2014 to $380,683 in 2023.
Liabilities consistently exceed assets, indicating a negative net asset position (e.g., $626,493 liabilities vs. $380,683 assets in 2023).
Strengths
No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
Consistent filing history over 13 periods, indicating transparency and compliance with IRS requirements.
Spending Breakdown
How Mosaic Illinois Housing Ii 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 Mosaic Illinois Housing Ii
Is Mosaic Illinois Housing Ii a legitimate charity?
Based on AI analysis of IRS 990 filings, Mosaic Illinois Housing Ii (EIN: 204417645) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Mosaic Illinois Housing Ii a good charity to donate to?
Mosaic Illinois Housing Ii has a Mission Score of 65/100. Revenue: $64K. Assets: $383K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mosaic Illinois Housing Ii?
The Employer Identification Number (EIN) for Mosaic Illinois Housing Ii is 204417645. 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 Ii spend its money?
Mosaic Illinois Housing Ii allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mosaic Illinois Housing Ii's tax-exempt status?
You can verify Mosaic Illinois Housing Ii's tax-exempt status using EIN 204417645 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 II appears to be a financially stable organization, consistently maintaining assets significantly higher than its annual revenue and expenses. While the organization consistently operates at a deficit, with expenses exceeding revenue in all reported periods (e.g., $59,414 expenses vs. $37,547 revenue in 2023), this is common for housing organizations that may rely on long-term funding or specific grants not fully reflected in annual revenue figures. The consistent decline in assets over time, from $619,758 in 2014 to $380,683 in 2023, alongside a relatively stable liability profile, warrants further investigation to understand the underlying financial strategy and sustainability. The absence of officer compensation across all filings suggests a volunteer-led or externally managed structure, which can be a positive indicator of efficiency, though it also means less direct accountability for executive performance is visible through compensation data.