Matchingdonors Com Inc
Matchingdonors Com Inc shows volatile revenue and consistent asset growth, with zero reported officer compensation.
EIN: 161724803 · Canton, MA · NTEE: E65 · Updated: 2026-03-28
Is Matchingdonors Com Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Matchingdonors Com Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Matchingdonors Com Inc
Matchingdonors Com Inc (EIN: 161724803) is a nonprofit organization based in Canton, MA, classified under NTEE code E65. The organization reported total revenue of $736K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Matchingdonors Com Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Matchingdonors Com Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Matchingdonors Com Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for donor perception and suggests a volunteer-driven or very lean leadership structure for an organization with assets nearing $2 million.
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 Matchingdonors Com Inc's IRS 990 filings:
- Highly volatile annual revenue, with a sharp decline from $948,146 in 2022 to $90,445 in 2023.
- Expenses ($218,953) significantly exceeded revenue ($90,445) in 2023, indicating an operational deficit.
- Lack of detailed expense breakdown in the provided data makes it difficult to assess spending efficiency.
Strengths
The following positive indicators were identified for Matchingdonors Com Inc:
- Consistent growth in net assets, reaching $1,946,747 in 2023, demonstrating financial resilience.
- 0% reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- Long filing history (13 filings) suggests sustained operation and compliance.
Frequently Asked Questions about Matchingdonors Com Inc
Is Matchingdonors Com Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Matchingdonors Com Inc (EIN: 161724803) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Matchingdonors Com Inc spend its money?
Matchingdonors Com Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Matchingdonors Com Inc tax-deductible?
Matchingdonors Com Inc is registered as a tax-exempt nonprofit (EIN: 161724803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did revenue drop so significantly from $948,146 in 2022 to $90,445 in 2023?
The provided data does not offer an explanation for this drastic decrease, but it is a critical point for understanding the organization's financial stability and future outlook.
What are the primary components of the $218,953 in expenses reported in 2023?
Without a detailed breakdown of expenses (e.g., program services, management and general, fundraising), it's impossible to determine the efficiency of spending.
How does the organization sustain operations with 0% officer compensation?
This suggests either a fully volunteer-led executive team or that key leadership roles are compensated through other means not reported as officer compensation on the 990, or that the organization relies heavily on pro-bono services.
What is the strategy for managing the significant liabilities, such as the $277,155 reported in 2022 and 2023?
While assets are growing, understanding the nature and management of these liabilities is important for assessing long-term financial health.
Filing History
IRS 990 filing history for Matchingdonors Com Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Matchingdonors Com Inc's revenue has grown by 49.8%, moving from $60K to $90K. Total assets increased by 933.7% over the same period, from $188K to $1.9M. Total functional expenses rose by 352.5%, from $48K to $219K. In its most recent filing year (2023), Matchingdonors Com Inc reported a deficit of $129K, with expenses exceeding revenue. The organization holds $277K in liabilities against $1.9M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $219K | $1.9M | $277K | — | — |
| 2022 | $948K | $171K | $2.1M | $277K | — | — |
| 2021 | $217K | $144K | $1.2M | $222K | — | View 990 |
| 2020 | $348K | $128K | $813K | $21K | — | View 990 |
| 2019 | $79K | $135K | $590K | $18K | — | View 990 |
| 2018 | $89K | $114K | $629K | $900 | — | View 990 |
| 2017 | $76K | $143K | $654K | $900 | — | View 990 |
| 2016 | $468K | $356K | $721K | $900 | — | View 990 |
| 2015 | $139K | $100K | $609K | $1K | — | View 990 |
| 2014 | $93K | $73K | $471K | $1K | — | View 990 |
| 2013 | $120K | $131K | $452K | $1K | — | View 990 |
| 2012 | $375K | $100K | $463K | $1K | — | View 990 |
| 2011 | $60K | $48K | $188K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $219K, and assets of $1.9M (revenue -90.5% year-over-year).
- 2022: Revenue of $948K, expenses of $171K, and assets of $2.1M (revenue +336.0% year-over-year).
- 2021: Revenue of $217K, expenses of $144K, and assets of $1.2M (revenue -37.5% year-over-year).
- 2020: Revenue of $348K, expenses of $128K, and assets of $813K (revenue +337.7% year-over-year).
- 2019: Revenue of $79K, expenses of $135K, and assets of $590K (revenue -10.4% year-over-year).
- 2018: Revenue of $89K, expenses of $114K, and assets of $629K (revenue +16.3% year-over-year).
- 2017: Revenue of $76K, expenses of $143K, and assets of $654K (revenue -83.7% year-over-year).
- 2016: Revenue of $468K, expenses of $356K, and assets of $721K (revenue +236.5% year-over-year).
- 2015: Revenue of $139K, expenses of $100K, and assets of $609K (revenue +49.9% year-over-year).
- 2014: Revenue of $93K, expenses of $73K, and assets of $471K (revenue -22.6% year-over-year).
- 2013: Revenue of $120K, expenses of $131K, and assets of $452K (revenue -68.1% year-over-year).
- 2012: Revenue of $375K, expenses of $100K, and assets of $463K (revenue +521.7% year-over-year).
- 2011: Revenue of $60K, expenses of $48K, and assets of $188K.
Data Sources and Methodology
This transparency report for Matchingdonors Com 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.