Quick charity verification for Mvp Health Plan Inc (EIN: 141640868)
Verdict: Mvp Health Plan Inc appears trustworthy
90/100Mission Score
$3.3BRevenue
$875.3MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may indicate compensation is reported elsewhere or through related entities, potentially obscuring full executive compensation transparency.
Strengths
High program spending ratio, with expenses consistently close to revenue (e.g., 99% in 2023), indicating efficient use of funds for its core mission.
Consistent revenue growth over the past decade, from $1.67 billion in 2014 to over $3 billion in 2023.
Strong asset growth, increasing from $540 million in 2014 to $915 million in 2023, demonstrating financial stability.
Healthy asset-to-liability ratio, indicating good financial management and solvency.
Spending Breakdown
How Mvp Health Plan Inc allocates its funds across programs, administration, and fundraising.
99%
Program Spending
Healthy — majority goes to mission
1%
Admin Costs
Reasonable — admin costs in check
0%
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 Mvp Health Plan Inc
Is Mvp Health Plan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mvp Health Plan Inc (EIN: 141640868) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Mvp Health Plan Inc a good charity to donate to?
Mvp Health Plan Inc has a Mission Score of 90/100. Revenue: $3.3B. Assets: $875.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mvp Health Plan Inc?
The Employer Identification Number (EIN) for Mvp Health Plan Inc is 141640868. 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 Mvp Health Plan Inc spend its money?
Mvp Health Plan Inc allocates 99% to programs, 1% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mvp Health Plan Inc's tax-exempt status?
You can verify Mvp Health Plan Inc's tax-exempt status using EIN 141640868 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
MVP Health Plan Inc. demonstrates consistent financial stability and operational efficiency, characteristic of a large health insurance provider. Over the past decade, the organization has managed substantial revenues, with the latest reported revenue at $3,039,847,348 in 2023. Expenses are consistently close to revenue, indicating that the vast majority of funds are directly utilized for its health plan operations, which are considered program services in this context. The organization's assets have shown steady growth, reaching $915,432,292 in 2023, while maintaining a healthy asset-to-liability ratio.
The financial data suggests a strong focus on its core mission of providing health insurance, as evidenced by the high proportion of expenses relative to revenue. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial management, suggesting that executive compensation is either not reported in this specific field or is managed through other entities not reflected here. This structure, if accurately reflecting no direct compensation from the nonprofit entity itself, could be seen as a positive indicator of resource allocation towards its primary services. However, without a detailed breakdown of administrative and fundraising costs, a complete assessment of spending efficiency beyond the high program spending is challenging.