Mentoring Positives Inc
EIN: 272347080 · Madison, WI · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $362K |
| Total Expenses | $485K |
| Net Assets | $389K |
Is Mentoring Positives Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mentoring Positives Inc
Mentoring Positives Inc (EIN: 272347080) is a nonprofit organization based in Madison, WI, classified under NTEE code P30. The organization reported total revenue of $362K and total assets of $221K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mentoring Positives Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mentoring Positives Inc is a small nonprofit that has been operating for 15 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $569K |
| Total Expenses | $485K |
| Surplus / Deficit | +$83K |
| Total Assets | $389K |
| Total Liabilities | $252 |
| Net Assets | $389K |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2023, Mentoring Positives Inc reported a surplus of $83K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Mentoring Positives Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +72.8% | +22.4% | +25.6% |
| 2022 | -31.8% | +27.1% | -17.6% |
| 2021 | +17.9% | +12.6% | +83.1% |
| 2020 | +76.6% | +14.9% | +192.3% |
| 2019 | +1.2% | +13.5% | -11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mentoring Positives Inc 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 Mentoring Positives Inc 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 $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Mentoring Positives Inc
Is Mentoring Positives Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mentoring Positives Inc (EIN: 272347080) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mentoring Positives Inc spend its money?
Detailed spending breakdown data is not yet available for Mentoring Positives Inc. Check back for updated IRS 990 analysis.
Are donations to Mentoring Positives Inc tax-deductible?
Mentoring Positives Inc is registered as a tax-exempt nonprofit (EIN: 272347080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mentoring Positives Inc located?
Mentoring Positives Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 272347080. It is classified under NTEE code P30.
How many years of IRS 990 filings does Mentoring Positives Inc have?
Mentoring Positives Inc has 6 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 $362K in total revenue.
Filing History
IRS 990 filing history for Mentoring Positives Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Mentoring Positives Inc's revenue has grown by 148.3%, moving from $229K to $569K. Total assets increased by 389.7% over the same period, from $80K to $389K. Total functional expenses rose by 128.3%, from $213K to $485K. In its most recent filing year (2023), Mentoring Positives Inc reported a surplus of $83K, with revenue exceeding expenses. The organization holds $252 in liabilities against $389K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $389K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $569K | $485K | $389K | $252 | — | View 990 |
| 2022 | $329K | $396K | $310K | $4K | — | View 990 |
| 2021 | $483K | $312K | $376K | $3K | — | View 990 |
| 2020 | $409K | $277K | $205K | $3K | — | View 990 |
| 2019 | $232K | $241K | $70K | $144 | — | View 990 |
| 2018 | $229K | $213K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $569K, expenses of $485K, and assets of $389K (revenue +72.8% year-over-year).
- 2022: Revenue of $329K, expenses of $396K, and assets of $310K (revenue -31.8% year-over-year).
- 2021: Revenue of $483K, expenses of $312K, and assets of $376K (revenue +17.9% year-over-year).
- 2020: Revenue of $409K, expenses of $277K, and assets of $205K (revenue +76.6% year-over-year).
- 2019: Revenue of $232K, expenses of $241K, and assets of $70K (revenue +1.2% year-over-year).
- 2018: Revenue of $229K, expenses of $213K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mentoring Positives Inc:
Data Sources and Methodology
This transparency report for Mentoring Positives 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.