Mares And Motors Inc
EIN: 880919409 · West Orange, NJ · NTEE: A57
Is Mares And Motors Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mares And Motors Inc
Mares And Motors Inc (EIN: 880919409) is a nonprofit organization based in West Orange, NJ, classified under NTEE code A57. The organization reported total revenue of $592K and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mares And Motors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Mares And Motors 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 Mares And Motors 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.
Frequently Asked Questions about Mares And Motors Inc
Is Mares And Motors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mares And Motors Inc (EIN: 880919409) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mares And Motors Inc spend its money?
Detailed spending breakdown data is not yet available for Mares And Motors Inc. Check back for updated IRS 990 analysis.
Are donations to Mares And Motors Inc tax-deductible?
Mares And Motors Inc is registered as a tax-exempt nonprofit (EIN: 880919409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Mares And Motors Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Mares And Motors Inc's revenue has grown by 1496.1%, moving from $241K to $3.9M. Total assets increased by 1663.5% over the same period, from $241K to $4.3M. In its most recent filing year (2023), Mares And Motors Inc reported a surplus of $3.2M, with revenue exceeding expenses. The organization holds $809K in liabilities against $4.3M in assets (debt-to-asset ratio: 19.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $646K | $4.3M | $809K | — | — |
| 2022 | $241K | $0 | $241K | $1 | — | View 990 |
Data Sources and Methodology
This transparency report for Mares And Motors 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.