Maef Real Estate Holdings Inc
EIN: 862302574 · Mobile, AL · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $179K |
| Net Assets | $758K |
Is Maef Real Estate Holdings Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maef Real Estate Holdings Inc
Maef Real Estate Holdings Inc (EIN: 862302574) is a nonprofit organization based in Mobile, AL, classified under NTEE code S47. The organization reported total revenue of $241K and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maef Real Estate Holdings Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maef Real Estate Holdings Inc is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $186K |
| Total Expenses | $179K |
| Surplus / Deficit | +$7K |
| Total Assets | $4.2M |
| Total Liabilities | $3.4M |
| Net Assets | $758K |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 81.8% |
| Months of Reserves | 279.2 months |
Financial Health Grade: A
In 2023, Maef Real Estate Holdings Inc reported a surplus of $7K with revenue exceeding expenses, holds 279.2 months of operating reserves (strong position), has a debt-to-asset ratio of 81.8% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Maef Real Estate Holdings Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -75.1% | +2564.5% | +-0.0% |
| 2022 | +264.9% | -96.6% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maef Real Estate Holdings Inc 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 Maef Real Estate Holdings Inc 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.8%.
Frequently Asked Questions about Maef Real Estate Holdings Inc
Is Maef Real Estate Holdings Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maef Real Estate Holdings Inc (EIN: 862302574) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maef Real Estate Holdings Inc spend its money?
Detailed spending breakdown data is not yet available for Maef Real Estate Holdings Inc. Check back for updated IRS 990 analysis.
Are donations to Maef Real Estate Holdings Inc tax-deductible?
Maef Real Estate Holdings Inc is registered as a tax-exempt nonprofit (EIN: 862302574). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maef Real Estate Holdings Inc located?
Maef Real Estate Holdings Inc is headquartered in Mobile, Alabama and files with the IRS under EIN 862302574. It is classified under NTEE code S47.
How many years of IRS 990 filings does Maef Real Estate Holdings Inc have?
Maef Real Estate Holdings Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $241K in total revenue.
Filing History
IRS 990 filing history for Maef Real Estate Holdings Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Maef Real Estate Holdings Inc's revenue has declined by 9.3%, moving from $205K to $186K. Total assets increased by 14.6% over the same period, from $3.6M to $4.2M. Total functional expenses fell by 8.6%, from $196K to $179K. In its most recent filing year (2023), Maef Real Estate Holdings Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $4.2M in assets (debt-to-asset ratio: 81.8%), resulting in net assets of $758K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $186K | $179K | $4.2M | $3.4M | — | — |
| 2022 | $748K | $7K | $4.2M | $3.4M | — | View 990 |
| 2021 | $205K | $196K | $3.6M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186K, expenses of $179K, and assets of $4.2M (revenue -75.1% year-over-year).
- 2022: Revenue of $748K, expenses of $7K, and assets of $4.2M (revenue +264.9% year-over-year).
- 2021: Revenue of $205K, expenses of $196K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maef Real Estate Holdings Inc:
Data Sources and Methodology
This transparency report for Maef Real Estate Holdings 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.