Is Mv Vision Fellowship Fund Legit? —…

Red Flags

Consistent deficit spending: Expenses have significantly exceeded revenue in most recent periods (e.g., 2023 expenses $447,806 vs. revenue $59,735).
Declining revenue trend: Revenue has sharply decreased from a high of $3,311,450 in 2019 to much lower figures in recent years.
Significant asset draw-down: Total assets have decreased from $9,368,109 in 2014 to $6,553,217 in 2023, indicating reliance on reserves to cover operational deficits.

Strengths

Zero officer compensation: Consistently reporting 0% officer compensation is a strong indicator of efficient use of funds at the leadership level.
Low liabilities: The organization maintains very low liabilities across all reported periods, suggesting good debt management.
Substantial asset base: Despite recent declines, the organization still holds over $6.5 million in assets, providing a buffer for operations.

Spending Breakdown

How Mv Vision Fellowship Fund allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

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 Mv Vision Fellowship Fund

Is Mv Vision Fellowship Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Mv Vision Fellowship Fund (EIN: 134200820) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Mv Vision Fellowship Fund a good charity to donate to?

Mv Vision Fellowship Fund has a Mission Score of 70/100. Revenue: $1.9M. Assets: $7.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mv Vision Fellowship Fund?

The Employer Identification Number (EIN) for Mv Vision Fellowship Fund is 134200820. 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 Mv Vision Fellowship Fund spend its money?

Mv Vision Fellowship Fund allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mv Vision Fellowship Fund's tax-exempt status?

You can verify Mv Vision Fellowship Fund's tax-exempt status using EIN 134200820 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

Mv Vision Fellowship Fund exhibits a fluctuating financial performance over the past decade, with recent years showing expenses significantly outpacing revenue. For instance, in 2023, expenses were $447,806 against revenue of $59,735, and in 2022, expenses were $761,071 against revenue of $196,206. This trend suggests the organization is drawing down on its assets or relying on prior period surpluses, as total assets have decreased from a high of $9,368,109 in 2014 to $6,553,217 in 2023. The organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds for leadership, though it's important to verify if key personnel are compensated through other means or if the organization is primarily volunteer-run.

The organization's financial health appears to be in a period of contraction, with a notable decline in revenue in the most recent periods compared to earlier years like 2019 ($3,311,450). While assets remain substantial at over $6.5 million, the consistent deficit spending is a concern for long-term sustainability if not addressed. The low liabilities across all reported periods indicate good fiscal management in terms of debt, but the overall financial trajectory warrants closer examination of funding sources and expenditure patterns to ensure program continuity and impact.

Transparency is generally good given the consistent filing of IRS 990s and the clear reporting of 0% officer compensation. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a full assessment of spending efficiency is challenging. The consistent reporting of zero officer compensation is a strong positive for transparency regarding executive pay.

Is Mv Vision Fellowship Fund Legit?

Verdict: Mv Vision Fellowship Fund appears trustworthy