Mmc Corporation
Mmc Corporation maintains substantial assets despite volatile revenues and significant liabilities over the past decade.
EIN: 133430322 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $7.7M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $83.3 |
| Net Assets | $25.5M |
| Transparency Score | 65/100 |
Is Mmc Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mmc Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mmc Corporation
Mmc Corporation (EIN: 133430322) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $8.6M and total assets of $83.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mmc Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mmc Corporation is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.3M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$580K |
| Total Assets | $85.9M |
| Total Liabilities | $60.5M |
| Net Assets | $25.5M |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 70.3% |
| Months of Reserves | 133.5 months |
Financial Health Grade: A
In 2023, Mmc Corporation reported a surplus of $580K with revenue exceeding expenses, holds 133.5 months of operating reserves (strong position), has a debt-to-asset ratio of 70.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mmc Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.8% | -37.8% | -2.3% |
| 2022 | -25.6% | -6.2% | -1.7% |
| 2021 | +48.5% | +3.8% | +1.0% |
| 2020 | +13.3% | +11.7% | -5.2% |
| 2019 | +3.3% | +4.8% | +20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Mmc Corporation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mmc Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $580K, with revenue exceeding expenses.
- Debt-to-asset ratio: 70.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers may be uncompensated or their compensation is categorized differently within the 990 forms, which is unusual for an organization of this asset size ($83.3 million current assets).
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 Mmc Corporation's IRS 990 filings:
- Significant revenue volatility over the past decade (e.g., $20.5M in 2016 to $8.3M in 2023).
- Expenses frequently close to or exceeding revenue (e.g., 2020 expenses $12.7M vs. revenue $12.4M).
- High liabilities relative to assets (e.g., $60.4M liabilities vs. $85.9M assets in 2023).
- NTEE Code is unknown, limiting understanding of mission and sector.
Strengths
The following positive indicators were identified for Mmc Corporation:
- Consistent filing of IRS Form 990s over 13 periods, indicating compliance.
- Maintains substantial asset base (e.g., $83.3M current assets, peaking at $93.4M in 2019).
- Reported 0% officer compensation across all filings, suggesting efficient use of funds for leadership or volunteer-led structure.
Frequently Asked Questions about Mmc Corporation
Is Mmc Corporation a legitimate charity?
Mmc Corporation (EIN: 133430322) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.6M. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Mmc Corporation spend its money?
Mmc Corporation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Mmc Corporation tax-deductible?
Mmc Corporation is registered as a tax-exempt nonprofit (EIN: 133430322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mmc Corporation CEO make?
Mmc Corporation's highest-compensated officer earns $83.3 annually. The organization reported $8.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mmc Corporation's spending goes to programs?
Mmc Corporation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Mmc Corporation located?
Mmc Corporation is headquartered in Bronx, New York and files with the IRS under EIN 133430322.
How many years of IRS 990 filings does Mmc Corporation have?
Mmc Corporation 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 $8.6M in total revenue.
Is Mmc Corporation financially stable given its fluctuating revenues?
While Mmc Corporation has maintained substantial assets (e.g., $85.9 million in 2023) despite revenue volatility (e.g., $8.3 million in 2023 vs. $20.5 million in 2016), the close proximity of expenses to revenue in several years (e.g., 2020 expenses of $12.7 million exceeded revenue of $12.4 million) and significant liabilities (e.g., $60.4 million in 2023) suggest that financial stability requires careful management and could be sensitive to further revenue declines.
What is the organization's primary program focus?
The provided data does not include an NTEE code or detailed program descriptions, making it impossible to determine Mmc Corporation's primary program focus from this summary alone. A review of the full IRS 990 forms would be necessary.
How does Mmc Corporation manage its significant liabilities?
Mmc Corporation consistently carries substantial liabilities, such as $60.4 million in 2023 against $85.9 million in assets. While the specific nature of these liabilities (e.g., mortgages, program-related investments) is not detailed, their consistent presence and magnitude indicate they are a significant aspect of the organization's financial structure that requires ongoing management.
Filing History
IRS 990 filing history for Mmc Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mmc Corporation's revenue has grown by 141.3%, moving from $3.4M to $8.3M. Total assets increased by 116% over the same period, from $39.8M to $85.9M. Total functional expenses rose by 233.8%, from $2.3M to $7.7M. In its most recent filing year (2023), Mmc Corporation reported a surplus of $580K, with revenue exceeding expenses. The organization holds $60.5M in liabilities against $85.9M in assets (debt-to-asset ratio: 70.3%), resulting in net assets of $25.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $7.7M | $85.9M | $60.5M | — | — |
| 2022 | $13.8M | $12.4M | $87.9M | $63.0M | — | View 990 |
| 2021 | $18.5M | $13.2M | $89.5M | $65.9M | — | View 990 |
| 2020 | $12.5M | $12.8M | $88.6M | $70.3M | — | View 990 |
| 2019 | $11.0M | $11.4M | $93.5M | $75.0M | — | View 990 |
| 2018 | $10.7M | $10.9M | $77.4M | $58.4M | — | View 990 |
| 2017 | $9.6M | $10.2M | $86.1M | $66.1M | — | View 990 |
| 2016 | $20.5M | $12.1M | $86.7M | $66.2M | — | View 990 |
| 2015 | $14.1M | $11.4M | $83.7M | $71.7M | — | View 990 |
| 2014 | $12.6M | $10.9M | $81.8M | $73.4M | — | View 990 |
| 2013 | $10.2M | $8.9M | $82.3M | $75.6M | — | View 990 |
| 2012 | $3.7M | $2.7M | $43.7M | $38.3M | — | View 990 |
| 2011 | $3.4M | $2.3M | $39.8M | $35.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $7.7M, and assets of $85.9M (revenue -39.8% year-over-year).
- 2022: Revenue of $13.8M, expenses of $12.4M, and assets of $87.9M (revenue -25.6% year-over-year).
- 2021: Revenue of $18.5M, expenses of $13.2M, and assets of $89.5M (revenue +48.5% year-over-year).
- 2020: Revenue of $12.5M, expenses of $12.8M, and assets of $88.6M (revenue +13.3% year-over-year).
- 2019: Revenue of $11.0M, expenses of $11.4M, and assets of $93.5M (revenue +3.3% year-over-year).
- 2018: Revenue of $10.7M, expenses of $10.9M, and assets of $77.4M (revenue +10.8% year-over-year).
- 2017: Revenue of $9.6M, expenses of $10.2M, and assets of $86.1M (revenue -53.1% year-over-year).
- 2016: Revenue of $20.5M, expenses of $12.1M, and assets of $86.7M (revenue +45.8% year-over-year).
- 2015: Revenue of $14.1M, expenses of $11.4M, and assets of $83.7M (revenue +11.5% year-over-year).
- 2014: Revenue of $12.6M, expenses of $10.9M, and assets of $81.8M (revenue +24.0% year-over-year).
- 2013: Revenue of $10.2M, expenses of $8.9M, and assets of $82.3M (revenue +173.9% year-over-year).
- 2012: Revenue of $3.7M, expenses of $2.7M, and assets of $43.7M (revenue +8.0% year-over-year).
- 2011: Revenue of $3.4M, expenses of $2.3M, and assets of $39.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mmc Corporation:
Data Sources and Methodology
This transparency report for Mmc Corporation 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.