Quick charity verification for Mysc Inc (EIN: 203087789)
Verdict: Mysc Inc appears trustworthy
85/100Mission Score
$924KRevenue
$723KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
Consistent revenue generation and financial stability, with revenues exceeding expenses in recent periods (e.g., $774,145 revenue vs. $631,778 expenses in 2023).
Significant asset growth, increasing from $142,491 in 2021 to $414,269 in 2023.
No reported officer compensation across all available filings, indicating low administrative overhead for leadership.
Long history of IRS 990 filings (13 periods), demonstrating transparency and consistent reporting.
Healthy asset-to-liability ratio, indicating good financial management and solvency.
Spending Breakdown
How Mysc Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Mysc Inc
Is Mysc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mysc Inc (EIN: 203087789) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Mysc Inc a good charity to donate to?
Mysc Inc has a Mission Score of 85/100. Revenue: $924K. Assets: $723K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mysc Inc?
The Employer Identification Number (EIN) for Mysc Inc is 203087789. 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 Mysc Inc spend its money?
Mysc Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mysc Inc's tax-exempt status?
You can verify Mysc Inc's tax-exempt status using EIN 203087789 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
Mysc Inc demonstrates consistent operational activity with revenues generally exceeding expenses in recent years, indicating a stable financial position. For example, in 2023, revenue was $774,145 against expenses of $631,778, resulting in a surplus. The organization's assets have shown growth, reaching $414,269 in 2023, up from $142,491 in 2021, suggesting prudent financial management and accumulation of resources. Liabilities have also been managed, with a healthy asset-to-liability ratio.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The reported 0% officer compensation across all available filings indicates that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence regarding administrative costs. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.
Overall, Mysc Inc appears to be in sound financial health, with a history of responsible financial stewardship. The consistent growth in assets and the absence of reported officer compensation are positive indicators. Further detail on expense allocation would enhance the assessment of spending efficiency.