Mental Health Empowerment Project Inc
Mental Health Empowerment Project Inc shows strong program spending and consistent growth with no reported officer compensation.
EIN: 141777470 · Albany, NY · NTEE: U20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3M |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Mental Health Empowerment Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mental Health Empowerment Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mental Health Empowerment Project Inc
Mental Health Empowerment Project Inc (EIN: 141777470) is a nonprofit organization based in Albany, NY, classified under NTEE code U20. The organization reported total revenue of $3.0M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mental Health Empowerment Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mental Health Empowerment Project Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$33K |
| Total Assets | $2.1M |
| Total Liabilities | $1.0M |
| Net Assets | $1.1M |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 49.2% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Mental Health Empowerment Project Inc reported a surplus of $33K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 49.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mental Health Empowerment Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.7% | +38.6% | +6.1% |
| 2022 | -5.2% | -3.3% | +65.1% |
| 2021 | +5.4% | -4.1% | -22.4% |
| 2020 | -8.2% | -8.4% | +81.4% |
| 2019 | +13.9% | +11.2% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Mental Health Empowerment Project Inc with a Mission Score of 92 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, Mental Health Empowerment Project Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($3M+ revenue) and suggests either a volunteer leadership structure or compensation is categorized differently, indicating a strong commitment to directing funds 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 Mental Health Empowerment Project Inc's IRS 990 filings:
- Consistent 0% officer compensation is unusual for an organization of this size and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Mental Health Empowerment Project Inc:
- Strong program spending ratio, consistently directing a high percentage of expenses to mission-related activities.
- Consistent revenue growth, increasing from $1,082,364 in 2014 to $3,035,329 in 2023.
- Healthy and growing asset base, from $405,268 in 2014 to $2,115,958 in 2023, indicating financial stability.
- Positive net income in most recent years, contributing to asset growth.
- Excellent transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Mental Health Empowerment Project Inc
Is Mental Health Empowerment Project Inc a legitimate charity?
Mental Health Empowerment Project Inc (EIN: 141777470) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Mental Health Empowerment Project Inc spend its money?
Mental Health Empowerment Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mental Health Empowerment Project Inc tax-deductible?
Mental Health Empowerment Project Inc is registered as a tax-exempt nonprofit (EIN: 141777470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mental Health Empowerment Project Inc CEO make?
Mental Health Empowerment Project Inc's highest-compensated officer earns $3M annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mental Health Empowerment Project Inc's spending goes to programs?
Mental Health Empowerment Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mental Health Empowerment Project Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mental Health Empowerment Project Inc is above average for NTEE category U20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mental Health Empowerment Project Inc located?
Mental Health Empowerment Project Inc is headquartered in Albany, New York and files with the IRS under EIN 141777470. It is classified under NTEE code U20.
How many years of IRS 990 filings does Mental Health Empowerment Project Inc have?
Mental Health Empowerment Project Inc has 13 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 $3.0M in total revenue.
How does Mental Health Empowerment Project Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with over $3 million in annual revenue. This could indicate that the leadership is entirely volunteer-based, or that compensation for key management personnel is categorized under other expense lines (e.g., program staff salaries) rather than 'officer compensation' as defined by the IRS. Further investigation into their specific compensation policies would be beneficial.
What is the trend in Mental Health Empowerment Project Inc's net assets?
Mental Health Empowerment Project Inc has shown significant growth in net assets, increasing from $405,268 in 2014 to $2,115,958 in 2023. This upward trend indicates strong financial management and an increasing capacity to support its mission.
Is Mental Health Empowerment Project Inc financially stable?
Yes, Mental Health Empowerment Project Inc appears financially stable. It has consistently generated more revenue than expenses in recent years (e.g., $3,035,329 revenue vs. $3,002,788 expenses in 2023; $2,414,780 revenue vs. $2,166,258 expenses in 2022) and has a healthy and growing asset base of $2,115,958 as of 2023, significantly exceeding its liabilities of $1,041,886.
Filing History
IRS 990 filing history for Mental Health Empowerment Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mental Health Empowerment Project Inc's revenue has grown by 218%, moving from $955K to $3.0M. Total assets increased by 514.7% over the same period, from $344K to $2.1M. Total functional expenses rose by 212.1%, from $962K to $3.0M. In its most recent filing year (2023), Mental Health Empowerment Project Inc reported a surplus of $33K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $2.1M in assets (debt-to-asset ratio: 49.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.0M | $2.1M | $1.0M | — | View 990 |
| 2022 | $2.4M | $2.2M | $2.0M | $953K | — | View 990 |
| 2021 | $2.5M | $2.2M | $1.2M | $415K | — | View 990 |
| 2020 | $2.4M | $2.3M | $1.6M | $1.1M | — | View 990 |
| 2019 | $2.6M | $2.6M | $859K | $529K | — | View 990 |
| 2018 | $2.3M | $2.3M | $911K | $666K | — | View 990 |
| 2017 | $2.1M | $2.0M | $638K | $411K | — | View 990 |
| 2016 | $2.0M | $2.0M | $389K | $238K | — | View 990 |
| 2015 | $1.6M | $1.6M | $427K | $290K | — | View 990 |
| 2014 | $1.1M | $1.1M | $405K | $284K | — | View 990 |
| 2013 | $963K | $969K | $280K | $175K | — | View 990 |
| 2012 | $917K | $908K | $382K | $271K | — | View 990 |
| 2011 | $955K | $962K | $344K | $243K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.0M, and assets of $2.1M (revenue +25.7% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.2M, and assets of $2.0M (revenue -5.2% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.2M, and assets of $1.2M (revenue +5.4% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.3M, and assets of $1.6M (revenue -8.2% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.6M, and assets of $859K (revenue +13.9% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $911K (revenue +9.6% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.0M, and assets of $638K (revenue +6.9% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $389K (revenue +23.9% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $427K (revenue +47.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $405K (revenue +12.4% year-over-year).
- 2013: Revenue of $963K, expenses of $969K, and assets of $280K (revenue +5.0% year-over-year).
- 2012: Revenue of $917K, expenses of $908K, and assets of $382K (revenue -3.9% year-over-year).
- 2011: Revenue of $955K, expenses of $962K, and assets of $344K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mental Health Empowerment Project Inc:
Data Sources and Methodology
This transparency report for Mental Health Empowerment Project 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.