Madison Area Care For The Homeless Mach Onehealth
EIN: 812102647 · Madison, WI · NTEE: E32
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Net Assets | $217K |
Is Madison Area Care For The Homeless Mach Onehealth Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Area Care For The Homeless Mach Onehealth
Madison Area Care For The Homeless Mach Onehealth (EIN: 812102647) is a nonprofit organization based in Madison, WI, classified under NTEE code E32. The organization reported total revenue of $1.9M and total assets of $731K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Area Care For The Homeless Mach Onehealth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Area Care For The Homeless Mach Onehealth is a mid-size nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 77.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-6,806 |
| Total Assets | $490K |
| Total Liabilities | $273K |
| Net Assets | $217K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 55.7% |
| Months of Reserves | 4.1 months |
Financial Health Grade: C
In 2023, Madison Area Care For The Homeless Mach Onehealth reported a deficit of $7K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 55.7% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Madison Area Care For The Homeless Mach Onehealth's revenue has grown at a compound annual growth rate (CAGR) of 77.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.5% | -0.4% | +62.7% |
| 2022 | +206.2% | +223.4% | +118.8% |
| 2021 | +444.3% | +397.1% | +251.2% |
| 2020 | +207.2% | +355.5% | -46.3% |
| 2019 | -62.2% | +237.1% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madison Area Care For The Homeless Mach Onehealth has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Madison Area Care For The Homeless Mach Onehealth with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.7%.
Frequently Asked Questions about Madison Area Care For The Homeless Mach Onehealth
Is Madison Area Care For The Homeless Mach Onehealth a legitimate charity?
Based on AI analysis of IRS 990 filings, Madison Area Care For The Homeless Mach Onehealth (EIN: 812102647) insufficient data. 0 red flags identified, 0 strengths noted.
How does Madison Area Care For The Homeless Mach Onehealth spend its money?
Detailed spending breakdown data is not yet available for Madison Area Care For The Homeless Mach Onehealth. Check back for updated IRS 990 analysis.
Are donations to Madison Area Care For The Homeless Mach Onehealth tax-deductible?
Madison Area Care For The Homeless Mach Onehealth is registered as a tax-exempt nonprofit (EIN: 812102647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Area Care For The Homeless Mach Onehealth located?
Madison Area Care For The Homeless Mach Onehealth is headquartered in Madison, Wisconsin and files with the IRS under EIN 812102647. It is classified under NTEE code E32.
How many years of IRS 990 filings does Madison Area Care For The Homeless Mach Onehealth have?
Madison Area Care For The Homeless Mach Onehealth has 6 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Madison Area Care For The Homeless Mach Onehealth showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Madison Area Care For The Homeless Mach Onehealth's revenue has grown by 1673.9%, moving from $81K to $1.4M. Total assets increased by 571.2% over the same period, from $73K to $490K. Total functional expenses rose by 24491.4%, from $6K to $1.4M. In its most recent filing year (2023), Madison Area Care For The Homeless Mach Onehealth reported a deficit of $7K, with expenses exceeding revenue. The organization holds $273K in liabilities against $490K in assets (debt-to-asset ratio: 55.7%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $490K | $273K | — | — |
| 2022 | $1.6M | $1.5M | $301K | $77K | — | View 990 |
| 2021 | $514K | $450K | $138K | $35K | — | View 990 |
| 2020 | $94K | $90K | $39K | $839 | — | View 990 |
| 2019 | $31K | $20K | $73K | $0 | — | View 990 |
| 2018 | $81K | $6K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $490K (revenue -8.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $301K (revenue +206.2% year-over-year).
- 2021: Revenue of $514K, expenses of $450K, and assets of $138K (revenue +444.3% year-over-year).
- 2020: Revenue of $94K, expenses of $90K, and assets of $39K (revenue +207.2% year-over-year).
- 2019: Revenue of $31K, expenses of $20K, and assets of $73K (revenue -62.2% year-over-year).
- 2018: Revenue of $81K, expenses of $6K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Area Care For The Homeless Mach Onehealth:
Data Sources and Methodology
This transparency report for Madison Area Care For The Homeless Mach Onehealth 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.