Is Mp Housing Inc Legit?

Quick charity verification for Mp Housing Inc (EIN: 20520653)

Verdict: Mp Housing Inc appears trustworthy

75/100Mission Score

$183KRevenue

$959KAssets

2Red Flags

3Strengths

Red Flags

Consistent net losses in recent fiscal periods (e.g., 202312, 202212), indicating expenses frequently exceed revenue.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess spending efficiency.

Strengths

Consistent reporting of 0% officer compensation across all available filings, indicating efficient use of funds for mission.
Stable asset base (around $1 million) over many years, suggesting financial stability despite operational deficits.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.

Spending Breakdown

How Mp Housing Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Mp Housing Inc

Is Mp Housing Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mp Housing Inc (EIN: 20520653) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Mp Housing Inc a good charity to donate to?

Mp Housing Inc has a Mission Score of 75/100. Revenue: $183K. Assets: $959K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mp Housing Inc?

The Employer Identification Number (EIN) for Mp Housing Inc is 20520653. 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 Mp Housing Inc spend its money?

Mp Housing Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mp Housing Inc's tax-exempt status?

You can verify Mp Housing Inc's tax-exempt status using EIN 20520653 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

Mp Housing Inc, operating in Nashua, NH, demonstrates consistent financial activity focused on its mission, as evidenced by its NTEE code L20 (Housing). Over the past several years, the organization has maintained a stable asset base, hovering around $1 million, with the latest reported assets at $959,039. While revenue has fluctuated, ranging from $87,282 to $199,284 in the provided filings, expenses have often exceeded revenue, particularly in recent years (e.g., 202312: Revenue $132,567, Expenses $197,866; 202212: Revenue $139,590, Expenses $200,674). This suggests the organization may be drawing on reserves or other funding sources to cover operational costs.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A significant positive indicator is the reported 0% officer compensation across all available periods, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a sign of dedication to mission over personal gain. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. The consistent net losses in recent years warrant closer examination to understand their sustainability.

Overall, Mp Housing Inc appears to be a dedicated organization with a long history of operation. Its stable asset base and lack of reported officer compensation are positive signs. However, the recurring deficit spending in recent years and the absence of detailed expense breakdowns in the provided data make it difficult to fully assess its long-term financial health and spending efficiency. Further analysis of the full 990 forms would be necessary to determine the exact allocation of expenses and the sources covering the deficits.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.