Is Msmc Residential Realty Llc Legit?

Quick charity verification for Msmc Residential Realty Llc (EIN: 200244426)

Verdict: Msmc Residential Realty Llc shows mixed signals

45/100Mission Score

$32.1MRevenue

$86.4MAssets

4Red Flags

2Strengths

Red Flags

Consistent operating deficits (e.g., $3.4M deficit in 2023)
Liabilities consistently exceed assets (e.g., $149.2M liabilities vs. $99.7M assets in 2023)
Declining asset base over recent years (from $110.2M in 2020 to $99.7M in 2023)
Negative net asset position across all reported periods

Strengths

0% reported officer compensation, indicating efficient use of funds at the executive level or volunteer leadership.
Consistent revenue generation over $25M annually.

Spending Breakdown

How Msmc Residential Realty Llc 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 Msmc Residential Realty Llc

Is Msmc Residential Realty Llc a legitimate charity?

Based on AI analysis of IRS 990 filings, Msmc Residential Realty Llc (EIN: 200244426) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Msmc Residential Realty Llc a good charity to donate to?

Msmc Residential Realty Llc has a Mission Score of 45/100. Revenue: $32.1M. Assets: $86.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Msmc Residential Realty Llc?

The Employer Identification Number (EIN) for Msmc Residential Realty Llc is 200244426. 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 Msmc Residential Realty Llc spend its money?

Msmc Residential Realty Llc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Msmc Residential Realty Llc's tax-exempt status?

You can verify Msmc Residential Realty Llc's tax-exempt status using EIN 200244426 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

Msmc Residential Realty Llc consistently operates with a significant deficit, as evidenced by its expenses regularly exceeding revenue. For instance, in 2023, expenses were $33,908,000 against revenues of $30,490,000, indicating a $3.4 million shortfall. This trend of spending more than it earns has been consistent for the past five years, leading to a decline in assets from $110,221,662 in 2020 to $99,743,753 in 2023, while liabilities have remained high, consistently exceeding assets. The organization's financial health appears precarious due to this ongoing operational deficit and a negative net asset position.

The organization's transparency regarding executive compensation is high, with 0% reported officer compensation across all available filings. This suggests that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is a positive indicator for donor trust. However, the consistent operational losses raise questions about the long-term sustainability of its programs and its ability to manage its financial resources effectively. The NTEE code E19 suggests a focus on housing and shelter, but without a detailed breakdown of expenses, it's difficult to fully assess spending efficiency beyond the overall deficit.

While the lack of officer compensation is a strength in terms of transparency, the persistent negative net assets and operating deficits are significant concerns. The organization's liabilities consistently outweigh its assets, indicating a challenging financial position. For example, in 2023, liabilities were $149,256,753 against assets of $99,743,753. This financial structure suggests a reliance on debt or other non-equity funding, which could pose risks to its long-term stability and mission delivery.

View Full Transparency Report →

Disclaimer

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