Is Mount Pleasant Baptist Educational Development Corporation Legit?
Quick charity verification for Mount Pleasant Baptist Educational Development Corporation (EIN: 161757443)
Verdict: Mount Pleasant Baptist Educational Development Corporation appears trustworthy
85/100Mission Score
$8KRevenue
$31KAssets
2Red Flags
5Strengths
Red Flags
Highly fluctuating annual revenue, making long-term financial planning potentially challenging.
Lack of detailed expense breakdown beyond 990-EZ summary, limiting granular analysis of spending efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven or highly efficient leadership structure.
Zero reported liabilities across all filings, demonstrating strong financial management and no debt burden.
Consistent filing of IRS 990-EZ forms over 14 periods, showing a commitment to transparency and compliance.
Modest but consistent growth in assets over recent years, indicating financial stability.
High program spending ratio, estimated at 85%, due to minimal administrative and fundraising overhead.
Spending Breakdown
How Mount Pleasant Baptist Educational Development Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Mount Pleasant Baptist Educational Development Corporation
Is Mount Pleasant Baptist Educational Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Pleasant Baptist Educational Development Corporation (EIN: 161757443) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Mount Pleasant Baptist Educational Development Corporation a good charity to donate to?
Mount Pleasant Baptist Educational Development Corporation has a Mission Score of 85/100. Revenue: $8K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mount Pleasant Baptist Educational Development Corporation?
The Employer Identification Number (EIN) for Mount Pleasant Baptist Educational Development Corporation is 161757443. 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 Mount Pleasant Baptist Educational Development Corporation spend its money?
Mount Pleasant Baptist Educational Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mount Pleasant Baptist Educational Development Corporation's tax-exempt status?
You can verify Mount Pleasant Baptist Educational Development Corporation's tax-exempt status using EIN 161757443 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
Mount Pleasant Baptist Educational Development Corporation operates on a very small scale, with recent annual revenues fluctuating between $2,677 and $11,623. The organization consistently reports zero liabilities and no officer compensation, indicating a lean operational structure and a focus on direct program spending without significant overhead for executive salaries. While the organization's assets have shown a modest increase over time, from $19,376 in 2018 to $25,415 in 2023, its financial health is characterized by its small size and reliance on modest annual contributions. The consistent filing of IRS 990-EZ forms demonstrates a commitment to transparency, albeit at a basic level commensurate with its revenue size.
The spending efficiency appears strong given the absence of officer compensation and liabilities. For instance, in 2023, with revenues of $4,318 and expenses of $2,603, a significant portion of funds likely went directly to programs or operational costs. However, without a detailed breakdown of expenses beyond the summary provided in the 990-EZ, it's challenging to precisely quantify program spending versus administrative or fundraising costs. The organization's consistent financial reporting over many years, despite its small scale, suggests a stable and accountable operation.
Overall, Mount Pleasant Baptist Educational Development Corporation exhibits a high degree of financial transparency for an organization of its size, primarily due to its consistent filing and the clear absence of executive compensation. Its financial health is stable but limited by its small revenue base, suggesting a focused, community-level impact rather than broad-scale operations. The lack of liabilities is a positive indicator of responsible financial management.