Quick charity verification for Mound Street Health Careers Academy (EIN: 10607900)
Verdict: Mound Street Health Careers Academy shows mixed signals
45/100Mission Score
$663KRevenue
$1.9MAssets
5Red Flags
1Strengths
Red Flags
Consistent decline in revenue from $1,559,323 in 2011 to $663,146 currently.
Expenses frequently exceed revenue, indicating operating deficits (e.g., $747,145 expenses vs. $648,482 revenue in 2017).
Dramatic increase in liabilities from $155,447 in 2011 to $2,223,050 in 2017.
Significant decrease in assets from $3,559,527 in 2011 to $1,878,512 currently.
Negative net assets in recent years (e.g., Assets $2,051,891 vs. Liabilities $2,223,050 in 2017).
Strengths
Consistent reporting of 0% officer compensation, suggesting a focus on directing funds to programs rather than executive salaries.
Spending Breakdown
How Mound Street Health Careers Academy 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 Mound Street Health Careers Academy
Is Mound Street Health Careers Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Mound Street Health Careers Academy (EIN: 10607900) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 1 strength noted.
Is Mound Street Health Careers Academy a good charity to donate to?
Mound Street Health Careers Academy has a Mission Score of 45/100. Revenue: $663K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mound Street Health Careers Academy?
The Employer Identification Number (EIN) for Mound Street Health Careers Academy is 10607900. 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 Mound Street Health Careers Academy spend its money?
Mound Street Health Careers Academy allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mound Street Health Careers Academy's tax-exempt status?
You can verify Mound Street Health Careers Academy's tax-exempt status using EIN 10607900 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
Mound Street Health Careers Academy exhibits a concerning trend of declining revenue and increasing liabilities over its filing history. While the latest reported revenue is $663,146, the organization has seen a significant drop from its 2011 revenue of $1,559,323. This decline in income, coupled with expenses frequently exceeding revenue (e.g., $747,145 in expenses against $648,482 in revenue in 2017), suggests potential financial instability. The substantial increase in liabilities, reaching $2,223,050 in 2017 from $155,447 in 2011, is a major red flag regarding its long-term solvency. The organization's assets have also steadily decreased from $3,559,527 in 2011 to $1,878,512 currently, further indicating financial challenges. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive for donor confidence in terms of direct program spending, but does not offset the broader financial concerns.