Quick charity verification for Municipal Credit Union (EIN: 135261470)
Verdict: Municipal Credit Union appears trustworthy
75/100Mission Score
$291.3MRevenue
$4.3BAssets
1Red Flags
4Strengths
Red Flags
Unclear executive compensation reporting for an organization of this size, consistently showing 0%.
Strengths
Consistent and substantial asset growth over the past decade, from $2.09 billion in 2014 to $4.34 billion currently.
Strong revenue generation, with the latest reported revenue at $291,347,613.
Healthy financial position with assets significantly exceeding liabilities, indicating stability.
Operational efficiency demonstrated by revenue consistently exceeding expenses in recent periods.
Spending Breakdown
How Municipal Credit Union 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 Municipal Credit Union
Is Municipal Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Municipal Credit Union (EIN: 135261470) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Municipal Credit Union a good charity to donate to?
Municipal Credit Union has a Mission Score of 75/100. Revenue: $291.3M. Assets: $4.3B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Municipal Credit Union?
The Employer Identification Number (EIN) for Municipal Credit Union is 135261470. 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 Municipal Credit Union spend its money?
Municipal Credit Union allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Municipal Credit Union's tax-exempt status?
You can verify Municipal Credit Union's tax-exempt status using EIN 135261470 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
Municipal Credit Union (MCU) operates as a credit union, which by its nature, serves its members rather than focusing on traditional charitable program spending. The provided IRS 990 data indicates consistent revenue generation, with the latest reported revenue at $291,347,613 and assets exceeding $4.3 billion. While the filings show 'Officer Comp=0%', this is typical for credit unions where executive compensation is often reported differently or not as 'officer compensation' in the same way a traditional charity might. The organization's financial health appears stable, with assets consistently growing over the past decade, from $2.09 billion in 2014 to over $4.3 billion currently. Liabilities have also grown proportionally, indicating a healthy balance sheet for a financial institution. The significant difference between revenue and expenses in recent years (e.g., $246.5M revenue vs. $179M expenses in 2023) suggests strong operational efficiency and profitability, which is reinvested into the credit union's operations and member services.