Quick charity verification for Mtfc Inc (EIN: 202689710)
Verdict: Mtfc Inc appears trustworthy
88/100Mission Score
$307KRevenue
$287KAssets
1Red Flags
4Strengths
Red Flags
Expenses slightly exceeded revenue in 2020 ($253,480 vs $240,369) and 2023 ($335,919 vs $334,011), which, if persistent, could impact long-term sustainability.
Strengths
Consistent asset growth from $43,356 in 2017 to $290,280 in 2023, indicating strong financial management.
No reported officer compensation across all seven filings, suggesting a high dedication to mission and efficient use of funds.
Low and manageable liabilities across all periods, indicating a healthy financial risk profile.
Consistent revenue growth over the past seven years, demonstrating increasing support and operational capacity.
Spending Breakdown
How Mtfc Inc 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 Mtfc Inc
Is Mtfc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mtfc Inc (EIN: 202689710) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Mtfc Inc a good charity to donate to?
Mtfc Inc has a Mission Score of 88/100. Revenue: $307K. Assets: $287K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mtfc Inc?
The Employer Identification Number (EIN) for Mtfc Inc is 202689710. 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 Mtfc Inc spend its money?
Mtfc Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mtfc Inc's tax-exempt status?
You can verify Mtfc Inc's tax-exempt status using EIN 202689710 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
Mtfc Inc demonstrates a generally stable financial position with consistent revenue growth over the past several years, increasing from $174,215 in 2017 to $334,011 in 2023. The organization has also shown a healthy accumulation of assets, growing from $43,356 in 2017 to $290,280 in 2023, indicating good financial management and capacity building. Liabilities have remained relatively low and manageable across all reported periods, suggesting a low financial risk profile.
Spending efficiency appears to be a strong point for Mtfc Inc, as evidenced by their consistent program spending focus. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation across all filings suggests a lean operational structure and a commitment to directing resources towards their mission. The organization's revenue has generally exceeded expenses in most years, contributing to asset growth, though 2020 and 2023 saw expenses slightly exceed revenue, which is not uncommon for nonprofits managing growth or specific projects.
In terms of transparency, the consistent filing of IRS Form 990s over seven periods is a positive indicator. The lack of reported officer compensation across all filings is a significant transparency strength, as it suggests that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which would require further investigation for full clarity. Overall, Mtfc Inc appears to be a financially sound and efficiently run organization based on the provided data.