Maverick Landing Community Servicesinc

Is Maverick Landing Community Servicesinc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Maverick Landing Community Servicesinc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Maverick Landing Community Servicesinc

Maverick Landing Community Servicesinc (EIN: 205911734) is a nonprofit organization based in East Boston, MA, classified under NTEE code P990. The organization reported total revenue of $1.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maverick Landing Community Servicesinc'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 Maverick Landing Community Servicesinc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Maverick Landing Community Servicesinc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly favorable for resource allocation to programs.

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 Maverick Landing Community Servicesinc's IRS 990 filings:

• Expenses exceeded revenue in multiple periods (e.g., 2023, 2021, 2019, 2018, 2017, 2016, 2015, 2014), indicating potential reliance on reserves or prior surpluses.

Strengths

The following positive indicators were identified for Maverick Landing Community Servicesinc:

• Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
• Significant revenue growth in recent years, demonstrating increased support and capacity.
• Growing asset base, with assets increasing from $365,751 in 2019 to $969,732 in 2023, enhancing long-term stability.
• Relatively low liabilities compared to assets, suggesting a healthy balance sheet.

Frequently Asked Questions about Maverick Landing Community Servicesinc

Filing History

IRS 990 filing history for Maverick Landing Community Servicesinc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maverick Landing Community Servicesinc's revenue has grown by 63.8%, moving from $716K to $1.2M. Total assets decreased by 51.9% over the same period, from $2.0M to $970K. Total functional expenses rose by 210%, from $408K to $1.3M. In its most recent filing year (2023), Maverick Landing Community Servicesinc reported a deficit of $92K, with expenses exceeding revenue. The organization holds $69K in liabilities against $970K in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $901K.

Year-by-Year Financial Summary

• 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $970K (revenue -8.9% year-over-year).
• 2022: Revenue of $1.3M, expenses of $851K, and assets of $1.0M (revenue +129.6% year-over-year).
• 2021: Revenue of $560K, expenses of $702K, and assets of $590K (revenue -39.1% year-over-year).
• 2020: Revenue of $920K, expenses of $563K, and assets of $927K (revenue +192.1% year-over-year).
• 2019: Revenue of $315K, expenses of $479K, and assets of $366K (revenue +3.3% year-over-year).
• 2018: Revenue of $305K, expenses of $463K, and assets of $544K (revenue -27.2% year-over-year).
• 2017: Revenue of $419K, expenses of $428K, and assets of $695K (revenue -2.4% year-over-year).
• 2016: Revenue of $430K, expenses of $479K, and assets of $859K (revenue -1.0% year-over-year).
• 2015: Revenue of $434K, expenses of $548K, and assets of $1.1M (revenue -4.5% year-over-year).
• 2014: Revenue of $455K, expenses of $507K, and assets of $1.5M (revenue -41.6% year-over-year).
• 2013: Revenue of $778K, expenses of $455K, and assets of $1.8M (revenue +0.1% year-over-year).
• 2012: Revenue of $778K, expenses of $458K, and assets of $1.8M (revenue +8.7% year-over-year).
• 2011: Revenue of $716K, expenses of $408K, and assets of $2.0M.

Data Sources and Methodology

This transparency report for Maverick Landing Community Servicesinc 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.