Quick charity verification for Mrhm Inc (EIN: 134077880)
Verdict: Mrhm Inc appears trustworthy
92/100Mission Score
$1.0MRevenue
$35.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent zero officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
Fluctuation in liabilities from $0 to nearly $39,000 without clear explanation in the provided data.
Strengths
Consistent asset growth from $24.1 million in 2012 to $33.8 million in 2023, indicating strong financial management.
Positive net income in most years, such as $554,556 in 2023, demonstrating financial sustainability.
Zero reported officer compensation across all filings, suggesting high efficiency in directing funds to mission.
Strong financial reserves with assets significantly outweighing liabilities.
Spending Breakdown
How Mrhm Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Mrhm Inc
Is Mrhm Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mrhm Inc (EIN: 134077880) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Mrhm Inc a good charity to donate to?
Mrhm Inc has a Mission Score of 92/100. Revenue: $1.0M. Assets: $35.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mrhm Inc?
The Employer Identification Number (EIN) for Mrhm Inc is 134077880. 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 Mrhm Inc spend its money?
Mrhm Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mrhm Inc's tax-exempt status?
You can verify Mrhm Inc's tax-exempt status using EIN 134077880 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
Mrhm Inc demonstrates consistent financial activity over the past decade, with revenues generally exceeding expenses, contributing to a steady growth in assets from $24.1 million in 2012 to $33.8 million in 2023. The organization's program spending efficiency appears strong, as indicated by the positive net income in most years, such as in 2023 where revenue of $2,650,185 significantly outpaced expenses of $2,095,629. A notable aspect of Mrhm Inc's financial structure is the consistent reporting of zero officer compensation across all available filings, which suggests a volunteer-led or externally compensated leadership model, enhancing its perceived efficiency and potentially its program spending ratio.
However, the organization's liabilities have fluctuated, showing a significant increase from $0 in 2015 to $38,797 in 2022 and 2023, which, while not excessively high relative to its assets, warrants monitoring. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests a focus on grantmaking or supporting other nonprofits, which typically involves lower direct program expenses compared to service delivery organizations. The absence of reported officer compensation across all filings is a strong indicator of financial transparency and a commitment to directing resources towards its mission rather than executive salaries.
Overall, Mrhm Inc appears to be a financially stable organization with a strong asset base and a history of responsible financial management. Its consistent growth in assets and the absence of executive compensation suggest a well-managed entity focused on its philanthropic mission. The organization's financial health is robust, with a healthy reserve of assets to support its long-term goals.