Mennonite Mutual Land Trustee Corporation
EIN: 356555486 · Bremen, IN · NTEE: X12
| Metric | Value |
|---|---|
| Total Revenue | $802K |
| Total Expenses | $662K |
| Net Assets | $393K |
Is Mennonite Mutual Land Trustee Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mennonite Mutual Land Trustee Corporation
Mennonite Mutual Land Trustee Corporation (EIN: 356555486) is a nonprofit organization based in Bremen, IN, classified under NTEE code X12. The organization reported total revenue of $802K and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mennonite Mutual Land Trustee Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mennonite Mutual Land Trustee Corporation is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 24.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $696K |
| Total Expenses | $662K |
| Surplus / Deficit | +$34K |
| Total Assets | $17.4M |
| Total Liabilities | $17.0M |
| Net Assets | $393K |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 97.7% |
| Months of Reserves | 315.3 months |
Financial Health Grade: A
In 2023, Mennonite Mutual Land Trustee Corporation reported a surplus of $34K with revenue exceeding expenses, holds 315.3 months of operating reserves (strong position), has a debt-to-asset ratio of 97.7% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Mennonite Mutual Land Trustee Corporation's revenue has grown at a compound annual growth rate (CAGR) of 24.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.5% | +32.0% | +3.6% |
| 2022 | +10.4% | +52.1% | +22.0% |
| 2021 | +346.7% | +1426.7% | +11.5% |
| 2020 | -77.0% | -93.0% | +9.5% |
| 2019 | +41.0% | +59.8% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mennonite Mutual Land Trustee Corporation 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 Mennonite Mutual Land Trustee Corporation 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 surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 97.7%.
Frequently Asked Questions about Mennonite Mutual Land Trustee Corporation
Is Mennonite Mutual Land Trustee Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mennonite Mutual Land Trustee Corporation (EIN: 356555486) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mennonite Mutual Land Trustee Corporation spend its money?
Detailed spending breakdown data is not yet available for Mennonite Mutual Land Trustee Corporation. Check back for updated IRS 990 analysis.
Are donations to Mennonite Mutual Land Trustee Corporation tax-deductible?
Mennonite Mutual Land Trustee Corporation is registered as a tax-exempt nonprofit (EIN: 356555486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mennonite Mutual Land Trustee Corporation located?
Mennonite Mutual Land Trustee Corporation is headquartered in Bremen, Indiana and files with the IRS under EIN 356555486. It is classified under NTEE code X12.
How many years of IRS 990 filings does Mennonite Mutual Land Trustee Corporation have?
Mennonite Mutual Land Trustee Corporation has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $802K in total revenue.
Filing History
IRS 990 filing history for Mennonite Mutual Land Trustee Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Mennonite Mutual Land Trustee Corporation's revenue has grown by 263%, moving from $192K to $696K. Total assets increased by 129.4% over the same period, from $7.6M to $17.4M. Total functional expenses rose by 315.3%, from $159K to $662K. In its most recent filing year (2023), Mennonite Mutual Land Trustee Corporation reported a surplus of $34K, with revenue exceeding expenses. The organization holds $17.0M in liabilities against $17.4M in assets (debt-to-asset ratio: 97.7%), resulting in net assets of $393K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $696K | $662K | $17.4M | $17.0M | — | — |
| 2022 | $379K | $501K | $16.8M | $16.4M | — | View 990 |
| 2021 | $343K | $330K | $13.8M | $13.3M | — | View 990 |
| 2020 | $77K | $22K | $12.3M | $11.8M | — | View 990 |
| 2019 | $334K | $307K | $11.3M | $10.8M | — | View 990 |
| 2018 | $237K | $192K | $9.9M | $9.4M | — | View 990 |
| 2017 | $192K | $159K | $7.6M | $7.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $696K, expenses of $662K, and assets of $17.4M (revenue +83.5% year-over-year).
- 2022: Revenue of $379K, expenses of $501K, and assets of $16.8M (revenue +10.4% year-over-year).
- 2021: Revenue of $343K, expenses of $330K, and assets of $13.8M (revenue +346.7% year-over-year).
- 2020: Revenue of $77K, expenses of $22K, and assets of $12.3M (revenue -77.0% year-over-year).
- 2019: Revenue of $334K, expenses of $307K, and assets of $11.3M (revenue +41.0% year-over-year).
- 2018: Revenue of $237K, expenses of $192K, and assets of $9.9M (revenue +23.6% year-over-year).
- 2017: Revenue of $192K, expenses of $159K, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mennonite Mutual Land Trustee Corporation:
Data Sources and Methodology
This transparency report for Mennonite Mutual Land Trustee Corporation 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.