Mha Merton House Llc
Mha Merton House Llc consistently spends nearly double its revenue, leading to declining assets and significant liabilities.
EIN: 10864466 · Trumbull, CT · NTEE: L80 · Updated: 2026-03-27
Is Mha Merton House Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mha Merton House Llc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mha Merton House Llc
Mha Merton House Llc (EIN: 10864466) is a nonprofit organization based in Trumbull, CT, classified under NTEE code L80. The organization reported total revenue of $472K and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mha Merton House Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mha Merton House Llc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $468K |
| Total Expenses | $939K |
| Surplus / Deficit | $-470,466 |
| Total Assets | $4.4M |
| Total Liabilities | $9.3M |
| Net Assets | $-4,964,791 |
| Operating Margin | -100.4% |
| Debt-to-Asset Ratio | 213.3% |
| Months of Reserves | 56.0 months |
Financial Health Grade: C
In 2023, Mha Merton House Llc reported a deficit of $470K with expenses exceeding revenue, holds 56.0 months of operating reserves (strong position), has a debt-to-asset ratio of 213.3% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Mha Merton House Llc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +9.0% | -5.0% |
| 2022 | -14.9% | -8.1% | -4.1% |
| 2021 | +22.6% | +10.5% | -4.5% |
| 2020 | +1.6% | +0.1% | -4.8% |
| 2019 | -1.9% | -0.9% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Mha Merton House Llc with a Mission Score of 55 out of 100 (Fair). 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, Mha Merton House Llc 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 deficit of $470K, with expenses exceeding revenue.
- Debt-to-asset ratio: 213.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through a related entity, which could contribute to lower administrative overhead.
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 Mha Merton House Llc's IRS 990 filings:
- Consistent and significant operating deficits (expenses nearly double revenue annually).
- Liabilities significantly exceed assets (e.g., $9.3M liabilities vs. $4.3M assets in 2023).
- Declining asset base over the past decade (from $6.4M in 2014 to $4.3M in 2023).
- Lack of clarity on how consistent deficits are funded.
Strengths
The following positive indicators were identified for Mha Merton House Llc:
- Consistent reporting of 0% officer compensation, potentially indicating low administrative overhead for executive leadership.
Frequently Asked Questions about Mha Merton House Llc
Is Mha Merton House Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mha Merton House Llc (EIN: 10864466) some concerns. Mission Score: 55/100. 4 red flags identified, 1 strength noted.
How does Mha Merton House Llc spend its money?
Mha Merton House Llc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mha Merton House Llc tax-deductible?
Mha Merton House Llc is registered as a tax-exempt nonprofit (EIN: 10864466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mha Merton House Llc cover its consistent operating deficits?
The consistent gap between revenue and expenses (e.g., $468,475 revenue vs. $938,941 expenses in 2023) suggests the organization relies on significant non-revenue funding, such as grants not reported as revenue, or draws down on assets, which have been steadily declining from $6,424,405 in 2014 to $4,383,861 in 2023.
What is the nature of the high liabilities relative to assets?
The organization's liabilities ($9,348,652 in 2023) are more than double its assets ($4,383,861 in 2023), indicating a potentially high debt burden or significant long-term obligations that could impact financial stability.
Is the organization financially sustainable given its operating model?
With expenses consistently exceeding revenue by a large margin and declining assets, the current operating model appears unsustainable without significant external support or a change in financial strategy. Assets have decreased by over $2 million since 2014.
Who provides executive leadership if officer compensation is 0%?
The consistent reporting of 0% officer compensation suggests that executive functions may be performed by volunteers, through a related entity, or that compensation is structured in a way not reported as officer compensation on the 990, which could impact transparency.
Filing History
IRS 990 filing history for Mha Merton House Llc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Mha Merton House Llc's revenue has declined by 4.5%, moving from $490K to $468K. Total assets decreased by 33.5% over the same period, from $6.6M to $4.4M. Total functional expenses rose by 19.7%, from $784K to $939K. In its most recent filing year (2023), Mha Merton House Llc reported a deficit of $470K, with expenses exceeding revenue. The organization holds $9.3M in liabilities against $4.4M in assets (debt-to-asset ratio: 213.3%), resulting in net assets of $-4,964,791.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $468K | $939K | $4.4M | $9.3M | — | View 990 |
| 2022 | $437K | $861K | $4.6M | $9.1M | — | View 990 |
| 2021 | $514K | $937K | $4.8M | $8.9M | — | View 990 |
| 2020 | $419K | $848K | $5.0M | $8.7M | — | View 990 |
| 2019 | $412K | $847K | $5.3M | $8.5M | — | View 990 |
| 2018 | $420K | $855K | $5.5M | $8.3M | — | View 990 |
| 2017 | $404K | $827K | $5.7M | $8.1M | — | View 990 |
| 2016 | $385K | $796K | $6.0M | $7.9M | — | View 990 |
| 2015 | $413K | $815K | $6.2M | $7.7M | — | View 990 |
| 2014 | $423K | $775K | $6.4M | $7.5M | — | View 990 |
| 2013 | $490K | $784K | $6.6M | $7.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $468K, expenses of $939K, and assets of $4.4M (revenue +7.2% year-over-year).
- 2022: Revenue of $437K, expenses of $861K, and assets of $4.6M (revenue -14.9% year-over-year).
- 2021: Revenue of $514K, expenses of $937K, and assets of $4.8M (revenue +22.6% year-over-year).
- 2020: Revenue of $419K, expenses of $848K, and assets of $5.0M (revenue +1.6% year-over-year).
- 2019: Revenue of $412K, expenses of $847K, and assets of $5.3M (revenue -1.9% year-over-year).
- 2018: Revenue of $420K, expenses of $855K, and assets of $5.5M (revenue +4.1% year-over-year).
- 2017: Revenue of $404K, expenses of $827K, and assets of $5.7M (revenue +5.0% year-over-year).
- 2016: Revenue of $385K, expenses of $796K, and assets of $6.0M (revenue -6.9% year-over-year).
- 2015: Revenue of $413K, expenses of $815K, and assets of $6.2M (revenue -2.4% year-over-year).
- 2014: Revenue of $423K, expenses of $775K, and assets of $6.4M (revenue -13.7% year-over-year).
- 2013: Revenue of $490K, expenses of $784K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mha Merton House Llc:
Data Sources and Methodology
This transparency report for Mha Merton House Llc 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.