M H S Inc
M H S Inc consistently operates at a significant deficit, drawing down assets with minimal reported revenue.
EIN: 10476908 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10 |
| Total Expenses | $12K |
| Net Assets | $356K |
| Transparency Score | 20/100 |
Is M H S Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About M H S Inc
M H S Inc (EIN: 10476908) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $10 and total assets of $344K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of M H S Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
M H S Inc is a micro nonprofit that has been operating for 33 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10 |
| Total Expenses | $12K |
| Surplus / Deficit | $-12,242 |
| Total Assets | $356K |
| Net Assets | $356K |
| Operating Margin | -122420.0% |
| Months of Reserves | 348.9 months |
Financial Health Grade: B
In 2023, M H S Inc reported a deficit of $12K with expenses exceeding revenue, holds 348.9 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), M H S Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +0.0% | -0.6% |
| 2022 | +0.0% | +0.0% | -3.3% |
| 2021 | +0.0% | +0.0% | -3.2% |
| 2020 | +0.0% | +0.0% | -3.1% |
| 2019 | +0.0% | +0.0% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates M H S Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, M H S Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is appropriate for an organization with such minimal reported revenue and high expenses relative to income.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of M H S Inc's IRS 990 filings:
- Consistent and significant operational deficits (e.g., $10 revenue vs. $12,252 expenses in 2023).
- Reliance on drawing down assets to cover expenses, with assets decreasing from $419,614 in 2017 to $356,267 in 2023.
- Extremely low reported revenue ($10 annually) relative to expenses, suggesting an unusual or undisclosed funding model.
- Lack of detailed spending breakdown (program, admin, fundraising) in available data, hindering efficiency assessment.
Strengths
The following positive indicators were identified for M H S Inc:
- Consistent filing of IRS Form 990s, indicating compliance with reporting requirements.
- Zero reported officer compensation, suggesting responsible executive pay practices for an organization of this financial profile.
- No reported liabilities across all filings, indicating a debt-free status.
Frequently Asked Questions about M H S Inc
Is M H S Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, M H S Inc (EIN: 10476908) significant concerns. Mission Score: 20/100. 4 red flags identified, 3 strengths noted.
How does M H S Inc spend its money?
Detailed spending breakdown data is not yet available for M H S Inc. Check back for updated IRS 990 analysis.
Are donations to M H S Inc tax-deductible?
M H S Inc is registered as a tax-exempt nonprofit (EIN: 10476908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is M H S Inc located?
M H S Inc is headquartered in Portland, Maine and files with the IRS under EIN 10476908.
How many years of IRS 990 filings does M H S Inc have?
M H S Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10 in total revenue.
Is M H S Inc a good charity?
Based on the available data, it's difficult to assess if M H S Inc is a 'good' charity in the traditional sense. Its consistent operational deficit (e.g., $10 revenue vs. $12,252 expenses in 2023) and reliance on drawing down assets raise concerns about its financial model and impact. Without information on its program activities or how its expenses are categorized, it's hard to determine its effectiveness or charitable purpose.
How does M H S Inc fund its operations?
M H S Inc appears to fund its operations primarily by drawing down its assets, as its reported annual revenue is consistently only $10, while expenses are significantly higher (e.g., $12,252 in 2023). Its assets have decreased from $419,614 in 2017 to $356,267 in 2023, indicating this trend.
What are the primary expenses for M H S Inc?
The IRS 990 data only provides total expenses, which were $12,252 in 2023. Without a detailed breakdown of program, administrative, and fundraising expenses, it's impossible to determine the primary categories of spending for M H S Inc.
What is the long-term financial outlook for M H S Inc?
The long-term financial outlook for M H S Inc appears challenging. With consistent annual expenses of over $12,000 and only $10 in reported revenue, the organization is steadily depleting its assets. If this trend continues without a significant increase in revenue or reduction in expenses, its financial sustainability is questionable.
Filing History
IRS 990 filing history for M H S Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), M H S Inc's revenue has grown by 0%, moving from $10 to $10. Total assets decreased by 15.1% over the same period, from $420K to $356K. Total functional expenses rose by 6.8%, from $11K to $12K. In its most recent filing year (2023), M H S Inc reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10 | $12K | $356K | $0 | — | — |
| 2022 | $10 | $12K | $358K | $0 | — | View 990 |
| 2021 | $10 | $12K | $371K | $0 | — | View 990 |
| 2020 | $10 | $12K | $383K | $0 | — | View 990 |
| 2019 | $10 | $12K | $395K | $0 | — | View 990 |
| 2018 | $10 | $12K | $407K | $0 | — | View 990 |
| 2017 | $10 | $11K | $420K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10, expenses of $12K, and assets of $356K (revenue +0.0% year-over-year).
- 2022: Revenue of $10, expenses of $12K, and assets of $358K (revenue +0.0% year-over-year).
- 2021: Revenue of $10, expenses of $12K, and assets of $371K (revenue +0.0% year-over-year).
- 2020: Revenue of $10, expenses of $12K, and assets of $383K (revenue +0.0% year-over-year).
- 2019: Revenue of $10, expenses of $12K, and assets of $395K (revenue +0.0% year-over-year).
- 2018: Revenue of $10, expenses of $12K, and assets of $407K (revenue +0.0% year-over-year).
- 2017: Revenue of $10, expenses of $11K, and assets of $420K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for M H S Inc:
Data Sources and Methodology
This transparency report for M H S Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.