Master Inspector Certificationboard Inc
Master Inspector Certificationboard Inc shows consistent asset growth and no liabilities, but lacks detailed spending transparency.
EIN: 204344263 · Boulder, CO · Updated: 2026-03-28
Is Master Inspector Certificationboard Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Master Inspector Certificationboard Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Master Inspector Certificationboard Inc
Master Inspector Certificationboard Inc (EIN: 204344263) is a nonprofit organization based in Boulder, CO. The organization reported total revenue of $494K and total assets of $817K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Master Inspector Certificationboard Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Master Inspector Certificationboard Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $280K |
| Total Expenses | $243K |
| Surplus / Deficit | +$37K |
| Total Assets | $739K |
| Net Assets | $739K |
| Operating Margin | 13.2% |
| Months of Reserves | 36.5 months |
Financial Health Grade: A
In 2023, Master Inspector Certificationboard Inc reported a surplus of $37K with revenue exceeding expenses, holds 36.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Master Inspector Certificationboard Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.7% | — | +61.6% |
| 2021 | -11.3% | -100.0% | +234.0% |
| 2020 | +16.0% | +322.2% | -77.4% |
| 2019 | +13.4% | -20.3% | +23.4% |
| 2018 | -2.6% | +129.8% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Master Inspector Certificationboard Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Master Inspector Certificationboard Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with current revenue of $493,959 and assets of $817,228. This suggests that compensation may be reported differently or that key personnel are compensated through other means not reflected in this line item.
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 Master Inspector Certificationboard Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size.
- Significant expense spike in 2020 ($830,358) that greatly exceeded revenue, without clear explanation.
- NTEE Code is unknown, hindering classification and comparative analysis.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Master Inspector Certificationboard Inc:
- Consistent asset growth over the past decade, from $116,441 in 2013 to $817,228 currently.
- Zero reported liabilities across all filings, indicating strong financial solvency.
- Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory compliance.
- Generally positive revenue trends, with latest revenue at $493,959.
Frequently Asked Questions about Master Inspector Certificationboard Inc
Is Master Inspector Certificationboard Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Master Inspector Certificationboard Inc (EIN: 204344263) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Master Inspector Certificationboard Inc spend its money?
Master Inspector Certificationboard Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Master Inspector Certificationboard Inc tax-deductible?
Master Inspector Certificationboard Inc is registered as a tax-exempt nonprofit (EIN: 204344263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Master Inspector Certificationboard Inc a good charity?
MICI exhibits financial stability with growing assets and no liabilities. However, the lack of detailed expense breakdowns, the unusual expense spike in 2020, and the consistent reporting of zero officer compensation make it difficult to fully assess its efficiency and overall 'goodness' as a charity without more information.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could indicate that officers are volunteers, compensated through a related entity, or that compensation is categorized differently within the expense structure, warranting further inquiry.
What caused the significant expense spike in 2020?
In the 202012 filing, expenses were reported as $830,358 against revenue of $361,294. This significant expense, which led to a substantial reduction in assets, is an anomaly in the organization's financial history and its specific nature is not detailed in the provided data.
Filing History
IRS 990 filing history for Master Inspector Certificationboard Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Master Inspector Certificationboard Inc's revenue has grown by 316.2%, moving from $67K to $280K. Total assets increased by 1324.7% over the same period, from $52K to $739K. Total functional expenses rose by 114.1%, from $113K to $243K. In its most recent filing year (2023), Master Inspector Certificationboard Inc reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $280K | $243K | $739K | $0 | — | — |
| 2021 | $321K | $0 | $458K | $0 | — | View 990 |
| 2020 | $361K | $830K | $137K | $0 | — | View 990 |
| 2019 | $311K | $197K | $606K | $0 | — | View 990 |
| 2018 | $275K | $247K | $491K | $0 | — | View 990 |
| 2017 | $282K | $107K | $463K | $0 | — | View 990 |
| 2016 | $131K | $1K | $289K | $0 | — | View 990 |
| 2015 | $63K | $28K | $159K | $0 | — | View 990 |
| 2014 | $134K | $126K | $124K | $0 | — | View 990 |
| 2013 | $150K | $103K | $116K | $0 | — | View 990 |
| 2012 | $21K | $3K | $69K | $0 | — | View 990 |
| 2011 | $67K | $113K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $280K, expenses of $243K, and assets of $739K (revenue -12.7% year-over-year).
- 2021: Revenue of $321K, expenses of $0, and assets of $458K (revenue -11.3% year-over-year).
- 2020: Revenue of $361K, expenses of $830K, and assets of $137K (revenue +16.0% year-over-year).
- 2019: Revenue of $311K, expenses of $197K, and assets of $606K (revenue +13.4% year-over-year).
- 2018: Revenue of $275K, expenses of $247K, and assets of $491K (revenue -2.6% year-over-year).
- 2017: Revenue of $282K, expenses of $107K, and assets of $463K (revenue +115.7% year-over-year).
- 2016: Revenue of $131K, expenses of $1K, and assets of $289K (revenue +107.0% year-over-year).
- 2015: Revenue of $63K, expenses of $28K, and assets of $159K (revenue -52.8% year-over-year).
- 2014: Revenue of $134K, expenses of $126K, and assets of $124K (revenue -10.8% year-over-year).
- 2013: Revenue of $150K, expenses of $103K, and assets of $116K (revenue +625.5% year-over-year).
- 2012: Revenue of $21K, expenses of $3K, and assets of $69K (revenue -69.3% year-over-year).
- 2011: Revenue of $67K, expenses of $113K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Master Inspector Certificationboard Inc:
Data Sources and Methodology
This transparency report for Master Inspector Certificationboard 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.