Mjf Housing No 3 Inc
EIN: 391882504 · Milwaukee, WI · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $145K |
| Net Assets | $792K |
Is Mjf Housing No 3 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mjf Housing No 3 Inc
Mjf Housing No 3 Inc (EIN: 391882504) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code L22Z. The organization reported total revenue of $113K and total assets of $748K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mjf Housing No 3 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mjf Housing No 3 Inc is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $145K |
| Surplus / Deficit | $-49,441 |
| Total Assets | $814K |
| Total Liabilities | $22K |
| Net Assets | $792K |
| Operating Margin | -51.6% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 67.2 months |
Financial Health Grade: B
In 2023, Mjf Housing No 3 Inc reported a deficit of $49K with expenses exceeding revenue, holds 67.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mjf Housing No 3 Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | +26.1% | -5.3% |
| 2022 | +5.6% | +2.8% | -1.1% |
| 2021 | -14.9% | -7.7% | -3.1% |
| 2020 | +1.6% | +3.9% | -2.7% |
| 2019 | +4.3% | -0.4% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mjf Housing No 3 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 Mjf Housing No 3 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 $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Mjf Housing No 3 Inc
Is Mjf Housing No 3 Inc a legitimate charity?
Mjf Housing No 3 Inc (EIN: 391882504) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $113K. No red flags identified. Financial health grade: B.
How does Mjf Housing No 3 Inc spend its money?
Mjf Housing No 3 Inc reported $113K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mjf Housing No 3 Inc tax-deductible?
Mjf Housing No 3 Inc is registered as a tax-exempt nonprofit (EIN: 391882504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mjf Housing No 3 Inc located?
Mjf Housing No 3 Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391882504. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Mjf Housing No 3 Inc have?
Mjf Housing No 3 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 $113K in total revenue.
Filing History
IRS 990 filing history for Mjf Housing No 3 Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mjf Housing No 3 Inc's revenue has declined by 14.7%, moving from $112K to $96K. Total assets decreased by 25.7% over the same period, from $1.1M to $814K. Total functional expenses fell by 2.9%, from $150K to $145K. In its most recent filing year (2023), Mjf Housing No 3 Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $22K in liabilities against $814K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $792K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $145K | $814K | $22K | — | View 990 |
| 2022 | $100K | $115K | $860K | $18K | — | View 990 |
| 2021 | $95K | $112K | $869K | $12K | — | View 990 |
| 2020 | $111K | $121K | $897K | $22K | — | View 990 |
| 2019 | $109K | $117K | $922K | $37K | — | View 990 |
| 2018 | $105K | $117K | $920K | $27K | — | View 990 |
| 2017 | $102K | $160K | $936K | $31K | — | View 990 |
| 2016 | $96K | $122K | $985K | $23K | — | View 990 |
| 2015 | $97K | $106K | $1.0M | $24K | — | View 990 |
| 2014 | $92K | $113K | $1.0M | $16K | — | View 990 |
| 2013 | $86K | $117K | $1.0M | $15K | — | View 990 |
| 2012 | $82K | $108K | $1.1M | $18K | — | View 990 |
| 2011 | $112K | $150K | $1.1M | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $145K, and assets of $814K (revenue -4.0% year-over-year).
- 2022: Revenue of $100K, expenses of $115K, and assets of $860K (revenue +5.6% year-over-year).
- 2021: Revenue of $95K, expenses of $112K, and assets of $869K (revenue -14.9% year-over-year).
- 2020: Revenue of $111K, expenses of $121K, and assets of $897K (revenue +1.6% year-over-year).
- 2019: Revenue of $109K, expenses of $117K, and assets of $922K (revenue +4.3% year-over-year).
- 2018: Revenue of $105K, expenses of $117K, and assets of $920K (revenue +2.4% year-over-year).
- 2017: Revenue of $102K, expenses of $160K, and assets of $936K (revenue +6.4% year-over-year).
- 2016: Revenue of $96K, expenses of $122K, and assets of $985K (revenue -0.9% year-over-year).
- 2015: Revenue of $97K, expenses of $106K, and assets of $1.0M (revenue +5.9% year-over-year).
- 2014: Revenue of $92K, expenses of $113K, and assets of $1.0M (revenue +6.4% year-over-year).
- 2013: Revenue of $86K, expenses of $117K, and assets of $1.0M (revenue +5.0% year-over-year).
- 2012: Revenue of $82K, expenses of $108K, and assets of $1.1M (revenue -27.0% year-over-year).
- 2011: Revenue of $112K, expenses of $150K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mjf Housing No 3 Inc:
Data Sources and Methodology
This transparency report for Mjf Housing No 3 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.