Is Mount Vernon Community Improvement…

Quick charity verification for Mount Vernon Community Improvement District (EIN: 201608105)

Strengths

Consistent revenue growth over a decade, from $731,600 in 2014 to $1,402,538 in 2023
No reported officer compensation across all 13 filings, indicating efficient use of funds
Healthy asset growth, reaching $1,382,218 in 2023, demonstrating financial stability
Consistent operational surpluses, such as $109,073 in 2023, contributing to reserves
Strong compliance with 13 IRS 990 filings, indicating good transparency practices

Spending Breakdown

How Mount Vernon Community Improvement District allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Mount Vernon Community Improvement District

Is Mount Vernon Community Improvement District a legitimate charity?

Based on AI analysis of IRS 990 filings, Mount Vernon Community Improvement District (EIN: 201608105) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.

Is Mount Vernon Community Improvement District a good charity to donate to?

Mount Vernon Community Improvement District has a Mission Score of 90/100. Revenue: $1.4M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mount Vernon Community Improvement District?

The Employer Identification Number (EIN) for Mount Vernon Community Improvement District is 201608105. 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 Vernon Community Improvement District spend its money?

Mount Vernon Community Improvement District allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mount Vernon Community Improvement District's tax-exempt status?

You can verify Mount Vernon Community Improvement District's tax-exempt status using EIN 201608105 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 Vernon Community Improvement District demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, its revenue has steadily increased from $731,600 in 2014 to $1,402,538 in 2023, indicating strong community support or effective fundraising. The organization consistently operates with a surplus, as seen in 2023 where revenue exceeded expenses by over $100,000, contributing to a healthy growth in assets, which reached $1,382,218 in 2023. This financial stability suggests good management of resources.

The organization's spending efficiency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence. While specific program spending percentages are not detailed in the provided data, the overall financial health and lack of executive compensation suggest a focus on mission. The consistent filing of IRS 990s over 13 periods also points to a commitment to transparency.

However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is limited. The liabilities have also grown alongside assets, reaching $558,393 in 2023, which warrants monitoring, though it remains a reasonable proportion of total assets. Overall, the organization exhibits strong financial health and a good track record of growth and compliance.

Is Mount Vernon Community Improvement District Legit?

Verdict: Mount Vernon Community Improvement District appears trustworthy

Red Flags