Melwood Hc Fringe Benefit Tr
EIN: 467095189 · Dallas, TX · NTEE: Y43
Is Melwood Hc Fringe Benefit Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Melwood Hc Fringe Benefit Tr
Melwood Hc Fringe Benefit Tr (EIN: 467095189) is a nonprofit organization based in Dallas, TX, classified under NTEE code Y43. The organization reported total revenue of $11.8M and total assets of $170K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Melwood Hc Fringe Benefit Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Melwood Hc Fringe Benefit Tr is a large nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.4M |
| Total Expenses | $11.9M |
| Surplus / Deficit | $-525,336 |
| Total Assets | $477K |
| Net Assets | $477K |
| Operating Margin | -4.6% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2023, Melwood Hc Fringe Benefit Tr reported a deficit of $525K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2015–2023), Melwood Hc Fringe Benefit Tr's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.1% | +20.0% | -52.4% |
| 2022 | -8.8% | -3.2% | +16.2% |
| 2021 | -4.9% | -17.7% | +1004.3% |
| 2020 | +19.9% | +19.5% | -91.6% |
| 2019 | +5.9% | +18.9% | -44.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Melwood Hc Fringe Benefit Tr 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 Melwood Hc Fringe Benefit Tr 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 deficit of $525K, with expenses exceeding revenue.
Frequently Asked Questions about Melwood Hc Fringe Benefit Tr
Is Melwood Hc Fringe Benefit Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Melwood Hc Fringe Benefit Tr (EIN: 467095189) insufficient data. 0 red flags identified, 0 strengths noted.
How does Melwood Hc Fringe Benefit Tr spend its money?
Detailed spending breakdown data is not yet available for Melwood Hc Fringe Benefit Tr. Check back for updated IRS 990 analysis.
Are donations to Melwood Hc Fringe Benefit Tr tax-deductible?
Melwood Hc Fringe Benefit Tr is registered as a tax-exempt nonprofit (EIN: 467095189). 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 Melwood Hc Fringe Benefit Tr showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Melwood Hc Fringe Benefit Tr's revenue has grown by 46%, moving from $7.8M to $11.4M. Total assets decreased by 68.3% over the same period, from $1.5M to $477K. Total functional expenses rose by 71.9%, from $6.9M to $11.9M. In its most recent filing year (2023), Melwood Hc Fringe Benefit Tr reported a deficit of $525K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.4M | $11.9M | $477K | $0 | — | View 990 |
| 2022 | $10.1M | $9.9M | $1.0M | $0 | — | View 990 |
| 2021 | $11.1M | $10.3M | $861K | $0 | — | — |
| 2020 | $11.6M | $12.5M | $78K | $0 | — | — |
| 2019 | $9.7M | $10.4M | $931K | $0 | — | View 990 |
| 2018 | $9.2M | $8.8M | $1.7M | $0 | — | View 990 |
| 2017 | $6.9M | $7.2M | $1.3M | $0 | — | View 990 |
| 2016 | $7.7M | $7.5M | $1.7M | $0 | — | View 990 |
| 2015 | $7.8M | $6.9M | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.4M, expenses of $11.9M, and assets of $477K (revenue +13.1% year-over-year).
- 2022: Revenue of $10.1M, expenses of $9.9M, and assets of $1.0M (revenue -8.8% year-over-year).
- 2021: Revenue of $11.1M, expenses of $10.3M, and assets of $861K (revenue -4.9% year-over-year).
- 2020: Revenue of $11.6M, expenses of $12.5M, and assets of $78K (revenue +19.9% year-over-year).
- 2019: Revenue of $9.7M, expenses of $10.4M, and assets of $931K (revenue +5.9% year-over-year).
- 2018: Revenue of $9.2M, expenses of $8.8M, and assets of $1.7M (revenue +33.4% year-over-year).
- 2017: Revenue of $6.9M, expenses of $7.2M, and assets of $1.3M (revenue -10.6% year-over-year).
- 2016: Revenue of $7.7M, expenses of $7.5M, and assets of $1.7M (revenue -1.7% year-over-year).
- 2015: Revenue of $7.8M, expenses of $6.9M, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Melwood Hc Fringe Benefit Tr 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.