Quick charity verification for Mqvn Community Development Corporation (EIN: 204929600)
Verdict: Mqvn Community Development Corporation appears trustworthy
90/100Mission Score
$4.1MRevenue
$9.0MAssets
1Red Flags
5Strengths
Red Flags
No specific red flags identified based on the provided financial data.
Strengths
Consistent asset growth, increasing from $3.59 million in 2014 to $9.17 million in 2023.
0% reported officer compensation across all available filings, indicating high efficiency and dedication to mission.
Revenue consistently exceeding expenses in most periods, demonstrating financial stability.
Strong filing history with 13 IRS 990 filings, indicating good transparency and compliance.
Healthy asset-to-liability ratio, with liabilities consistently being a small fraction of total assets.
Spending Breakdown
How Mqvn Community 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 Mqvn Community Development Corporation
Is Mqvn Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mqvn Community Development Corporation (EIN: 204929600) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Mqvn Community Development Corporation a good charity to donate to?
Mqvn Community Development Corporation has a Mission Score of 90/100. Revenue: $4.1M. Assets: $9.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mqvn Community Development Corporation?
The Employer Identification Number (EIN) for Mqvn Community Development Corporation is 204929600. 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 Mqvn Community Development Corporation spend its money?
Mqvn Community Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mqvn Community Development Corporation's tax-exempt status?
You can verify Mqvn Community Development Corporation's tax-exempt status using EIN 204929600 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
Mqvn Community Development Corporation demonstrates consistent financial health and growth over the past decade. The organization has shown a steady increase in assets, from $3.59 million in 2014 to $9.17 million in 2023, indicating effective asset management and accumulation. Revenue has generally outpaced expenses, leading to positive net assets, with the exception of 2020 where expenses slightly exceeded revenue. The organization's commitment to transparency is strong, as evidenced by 13 filings and a consistent 0% officer compensation reported across all available filings, suggesting that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. The NTEE code L22 (Community Development Corporations) aligns with their mission, and their financial trajectory supports their capacity to deliver on this mission.