Mirabella At Asu Inc
EIN: 813784956 · Tempe, AZ · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $21.8M |
| Total Expenses | $41.2M |
| Net Assets | $-69,018,628 |
Is Mirabella At Asu Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mirabella At Asu Inc
Mirabella At Asu Inc (EIN: 813784956) is a nonprofit organization based in Tempe, AZ, classified under NTEE code L22. The organization reported total revenue of $21.8M and total assets of $242.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mirabella At Asu Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mirabella At Asu Inc is a large nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.6M |
| Total Expenses | $41.2M |
| Surplus / Deficit | $-23,556,229 |
| Total Assets | $252.0M |
| Total Liabilities | $321.0M |
| Net Assets | $-69,018,628 |
| Operating Margin | -133.5% |
| Debt-to-Asset Ratio | 127.4% |
| Months of Reserves | 73.4 months |
Financial Health Grade: C
In 2023, Mirabella At Asu Inc reported a deficit of $23.6M with expenses exceeding revenue, holds 73.4 months of operating reserves (strong position), has a debt-to-asset ratio of 127.4% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.5% | +7.2% | -7.7% |
| 2022 | +120.3% | +58.5% | -8.5% |
| 2021 | +177.4% | +878.4% | -2.0% |
| 2020 | -34.9% | +120.8% | -0.4% |
| 2019 | -81.5% | -27.8% | +4.7% |
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 Mirabella At Asu 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 Mirabella At Asu 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 deficit of $23.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 127.4%.
Frequently Asked Questions about Mirabella At Asu Inc
Is Mirabella At Asu Inc a legitimate charity?
Mirabella At Asu Inc (EIN: 813784956) is a registered tax-exempt nonprofit based in Arizona. It has 8 years of IRS 990 filings on record. Total revenue: $21.8M. No red flags identified. Financial health grade: C.
How does Mirabella At Asu Inc spend its money?
Mirabella At Asu Inc reported $21.8M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mirabella At Asu Inc tax-deductible?
Mirabella At Asu Inc is registered as a tax-exempt nonprofit (EIN: 813784956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mirabella At Asu Inc located?
Mirabella At Asu Inc is headquartered in Tempe, Arizona and files with the IRS under EIN 813784956. It is classified under NTEE code L22.
How many years of IRS 990 filings does Mirabella At Asu Inc have?
Mirabella At Asu Inc has 8 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 $21.8M in total revenue.
Filing History
IRS 990 filing history for Mirabella At Asu Inc showing financial trends over 8 years of public records:
Total assets increased by 25199178900% over the same period, from $1 to $252.0M. In its most recent filing year (2023), Mirabella At Asu Inc reported a deficit of $23.6M, with expenses exceeding revenue. The organization holds $321.0M in liabilities against $252.0M in assets (debt-to-asset ratio: 127.4%), resulting in net assets of $-69,018,628.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.6M | $41.2M | $252.0M | $321.0M | — | — |
| 2022 | $13.4M | $38.4M | $273.0M | $307.1M | — | — |
| 2021 | $6.1M | $24.2M | $298.4M | $323.0M | — | View 990 |
| 2020 | $2.2M | $2.5M | $304.5M | $287.3M | — | View 990 |
| 2019 | $3.4M | $1.1M | $305.6M | $288.2M | — | View 990 |
| 2018 | $18.3M | $1.6M | $292.0M | $276.8M | — | View 990 |
| 2017 | $0 | $1.5M | $8.1M | $9.7M | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $17.6M, expenses of $41.2M, and assets of $252.0M (revenue +31.5% year-over-year).
- 2022: Revenue of $13.4M, expenses of $38.4M, and assets of $273.0M (revenue +120.3% year-over-year).
- 2021: Revenue of $6.1M, expenses of $24.2M, and assets of $298.4M (revenue +177.4% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.5M, and assets of $304.5M (revenue -34.9% year-over-year).
- 2019: Revenue of $3.4M, expenses of $1.1M, and assets of $305.6M (revenue -81.5% year-over-year).
- 2018: Revenue of $18.3M, expenses of $1.6M, and assets of $292.0M.
- 2017: Revenue of $0, expenses of $1.5M, and assets of $8.1M.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mirabella At Asu Inc:
Data Sources and Methodology
This transparency report for Mirabella At Asu 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.