Quick charity verification for Mystical Order Of Miram Inc (EIN: 204273532)
Verdict: Mystical Order Of Miram Inc shows mixed signals
65/100Mission Score
$15KRevenue
$2KAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $15,052 revenue vs. $29,602 expenses in 202003).
Significant decline in total assets from $27,155 in 201803 to $1,898 in 202003.
Declining revenue trend over the past several years, indicating potential challenges in fundraising or operations.
Strengths
Consistently reports 0% officer compensation, demonstrating efficient use of funds regarding executive pay.
Maintained low liabilities, with $0 reported in the latest filing (202003).
Spending Breakdown
How Mystical Order Of Miram Inc 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 Mystical Order Of Miram Inc
Is Mystical Order Of Miram Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mystical Order Of Miram Inc (EIN: 204273532) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Mystical Order Of Miram Inc a good charity to donate to?
Mystical Order Of Miram Inc has a Mission Score of 65/100. Revenue: $15K. Assets: $2K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mystical Order Of Miram Inc?
The Employer Identification Number (EIN) for Mystical Order Of Miram Inc is 204273532. 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 Mystical Order Of Miram Inc spend its money?
Mystical Order Of Miram Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mystical Order Of Miram Inc's tax-exempt status?
You can verify Mystical Order Of Miram Inc's tax-exempt status using EIN 204273532 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
The Mystical Order Of Miram Inc appears to be a small organization with fluctuating financial activity. In the latest filing (202003), the organization reported revenue of $15,052 against expenses of $29,602, indicating a deficit. This continues a trend from the previous period (201903) where expenses ($56,480) exceeded revenue ($46,818). The organization's assets have also significantly decreased from a peak of $27,155 in 201803 to $1,898 in 202003, suggesting a contraction in its financial base.
While the organization consistently reports 0% officer compensation, which is a positive sign for donor confidence regarding executive pay, the consistent spending exceeding revenue in recent years raises concerns about long-term financial sustainability. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall deficit. The organization's small asset base and recent financial performance suggest it operates on a tight budget.
Given the limited financial data provided, specifically the absence of program, administrative, and fundraising expense breakdowns, a comprehensive assessment of spending efficiency is challenging. However, the consistent reporting of 0% officer compensation indicates a commitment to minimizing overhead in that specific area. The organization's transparency regarding executive pay is commendable, but more detailed financial reporting would enhance overall transparency.