Mentoring Men For The Master Inc
Mentoring Men For The Master Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 20552940 · Wilmington, NC · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $797K |
| Total Expenses | $529K |
| Program Spending | 90% |
| Net Assets | $169K |
| Transparency Score | 92/100 |
Is Mentoring Men For The Master Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mentoring Men For The Master Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mentoring Men For The Master Inc
Mentoring Men For The Master Inc (EIN: 20552940) is a nonprofit organization based in Wilmington, NC, classified under NTEE code X20. The organization reported total revenue of $797K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mentoring Men For The Master Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mentoring Men For The Master Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $549K |
| Total Expenses | $529K |
| Surplus / Deficit | +$21K |
| Total Assets | $169K |
| Net Assets | $169K |
| Operating Margin | 3.8% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Mentoring Men For The Master Inc reported a surplus of $21K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Mentoring Men For The Master Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | +18.2% | +14.0% |
| 2022 | +46.6% | +30.7% | +57.1% |
| 2021 | -2.5% | +15.4% | -0.3% |
| 2020 | +45.0% | +20.9% | +134.5% |
| 2019 | -2.8% | +10.0% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2006 |
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 Mentoring Men For The Master 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Mentoring Men For The Master Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $21K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual and suggests a volunteer-led or very lean operational structure.
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.
Strengths
The following positive indicators were identified for Mentoring Men For The Master Inc:
- Consistent revenue growth (from $181,238 in 2014 to $549,258 in 2023)
- Strong asset growth (from $20,693 in 2014 to $168,587 in 2023)
- Zero reported officer compensation across all filings
- Minimal to zero liabilities in recent years (e.g., $0 in 2022 and 2023)
- Expenses closely track revenue, indicating efficient spending
Frequently Asked Questions about Mentoring Men For The Master Inc
Is Mentoring Men For The Master Inc a legitimate charity?
Mentoring Men For The Master Inc (EIN: 20552940) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $797K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Mentoring Men For The Master Inc spend its money?
Mentoring Men For The Master Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Mentoring Men For The Master Inc tax-deductible?
Mentoring Men For The Master Inc is registered as a tax-exempt nonprofit (EIN: 20552940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mentoring Men For The Master Inc's spending goes to programs?
Mentoring Men For The Master Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mentoring Men For The Master Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mentoring Men For The Master Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mentoring Men For The Master Inc located?
Mentoring Men For The Master Inc is headquartered in Wilmington, North Carolina and files with the IRS under EIN 20552940. It is classified under NTEE code X20.
How many years of IRS 990 filings does Mentoring Men For The Master Inc have?
Mentoring Men For The Master 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 $797K in total revenue.
Is Mentoring Men For The Master Inc a good charity?
Based on the provided data, Mentoring Men For The Master Inc appears to be a good charity. It demonstrates consistent financial growth, strong asset accumulation, minimal liabilities, and a notable absence of officer compensation, suggesting efficient use of funds for its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $181,238 in 2014 to $549,258 in 2023, representing over a 200% increase in a decade.
What is the organization's financial stability?
Mentoring Men For The Master Inc shows strong financial stability, with growing assets (from $20,693 in 2014 to $168,587 in 2023) and consistently low or zero liabilities in recent years, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Mentoring Men For The Master Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mentoring Men For The Master Inc's revenue has grown by 222.4%, moving from $170K to $549K. Total assets increased by 927.5% over the same period, from $16K to $169K. Total functional expenses rose by 203.7%, from $174K to $529K. In its most recent filing year (2023), Mentoring Men For The Master Inc reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $549K | $529K | $169K | $0 | — | — |
| 2022 | $501K | $447K | $148K | $0 | — | View 990 |
| 2021 | $342K | $342K | $94K | $414 | — | View 990 |
| 2020 | $351K | $297K | $94K | $358 | — | View 990 |
| 2019 | $242K | $245K | $40K | $280 | — | View 990 |
| 2018 | $249K | $223K | $43K | $39 | — | View 990 |
| 2017 | $197K | $197K | $20K | $2K | — | View 990 |
| 2016 | $206K | $205K | $21K | $4K | — | View 990 |
| 2015 | $192K | $193K | $20K | $3K | — | View 990 |
| 2014 | $181K | $183K | $21K | $3K | — | View 990 |
| 2013 | $167K | $170K | $23K | $4K | — | View 990 |
| 2012 | $160K | $150K | $24K | $2K | — | View 990 |
| 2011 | $170K | $174K | $16K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $549K, expenses of $529K, and assets of $169K (revenue +9.5% year-over-year).
- 2022: Revenue of $501K, expenses of $447K, and assets of $148K (revenue +46.6% year-over-year).
- 2021: Revenue of $342K, expenses of $342K, and assets of $94K (revenue -2.5% year-over-year).
- 2020: Revenue of $351K, expenses of $297K, and assets of $94K (revenue +45.0% year-over-year).
- 2019: Revenue of $242K, expenses of $245K, and assets of $40K (revenue -2.8% year-over-year).
- 2018: Revenue of $249K, expenses of $223K, and assets of $43K (revenue +26.6% year-over-year).
- 2017: Revenue of $197K, expenses of $197K, and assets of $20K (revenue -4.6% year-over-year).
- 2016: Revenue of $206K, expenses of $205K, and assets of $21K (revenue +7.2% year-over-year).
- 2015: Revenue of $192K, expenses of $193K, and assets of $20K (revenue +6.1% year-over-year).
- 2014: Revenue of $181K, expenses of $183K, and assets of $21K (revenue +8.6% year-over-year).
- 2013: Revenue of $167K, expenses of $170K, and assets of $23K (revenue +4.2% year-over-year).
- 2012: Revenue of $160K, expenses of $150K, and assets of $24K (revenue -6.0% year-over-year).
- 2011: Revenue of $170K, expenses of $174K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mentoring Men For The Master Inc:
Data Sources and Methodology
This transparency report for Mentoring Men For The Master 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.