Is The Moroccan American Trade & Investment Council Inc Legit?
Quick charity verification for The Moroccan American Trade & Investment Council Inc (EIN: 200118342)
Verdict: The Moroccan American Trade & Investment Council Inc has notable concerns
10/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or closure.
Consistent and significant deficit spending (expenses far exceeding revenue) across all reported years.
Negative net asset position, with liabilities consistently exceeding assets.
Assets have significantly declined over time, from $402,693 in 2010 to $0 in the latest report.
Strengths
No reported officer compensation, indicating good transparency in this area.
Spending Breakdown
How The Moroccan American Trade & Investment Council Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 The Moroccan American Trade & Investment Council Inc
Is The Moroccan American Trade & Investment Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Moroccan American Trade & Investment Council Inc (EIN: 200118342) has notable concerns. Mission Score: 10/100. 4 red flags identified, 1 strength noted.
Is The Moroccan American Trade & Investment Council Inc a good charity to donate to?
The Moroccan American Trade & Investment Council Inc has a Mission Score of 10/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Moroccan American Trade & Investment Council Inc?
The Employer Identification Number (EIN) for The Moroccan American Trade & Investment Council Inc is 200118342. 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 The Moroccan American Trade & Investment Council Inc spend its money?
The Moroccan American Trade & Investment Council Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Moroccan American Trade & Investment Council Inc's tax-exempt status?
You can verify The Moroccan American Trade & Investment Council Inc's tax-exempt status using EIN 200118342 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 Moroccan American Trade & Investment Council Inc appears to be in a state of financial distress, as indicated by its latest filing showing $0 in revenue and $0 in assets. This follows a consistent trend of expenses significantly exceeding revenue in prior years. For example, in 2014, the organization reported only $236 in revenue against $47,991 in expenses, and in 2013, $45,321 in revenue against $101,841 in expenses. This persistent deficit spending has led to a negative net asset position, with liabilities consistently exceeding assets across all reported periods, culminating in $329,457 in liabilities against $212,419 in assets in 2014. The organization's ability to sustain operations or achieve its mission with no current revenue and assets is highly questionable.
The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall deficit. However, the consistent and significant gap between revenue and expenses suggests an unsustainable financial model. The organization's transparency regarding executive compensation is good, as officer compensation has consistently been reported as 0%. However, the overall financial health and operational viability are major concerns, making it difficult to assess program effectiveness without more detailed financial and programmatic information.