Mmfl Inc
Mmfl Inc consistently filed IRS 990s with stable revenue and zero officer compensation, but lacks detailed expense breakdowns.
EIN: 205658898 · Minneapolis, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $320K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $33K |
| Transparency Score | 65/100 |
Is Mmfl Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mmfl Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mmfl Inc
Mmfl Inc (EIN: 205658898) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mmfl Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mmfl Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $353K |
| Total Expenses | $320K |
| Surplus / Deficit | +$33K |
| Total Assets | $33K |
| Net Assets | $33K |
| Operating Margin | 9.4% |
| Months of Reserves | 1.2 months |
Financial Health Grade: A
In 2015, Mmfl Inc reported a surplus of $33K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2011–2015), Mmfl Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -29.5% | -26.0% | -57.4% |
| 2014 | +26.2% | -11.2% | +376.4% |
| 2013 | +6.0% | +33.5% | -78.1% |
| 2012 | -4.8% | -8.7% | +14.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mmfl Inc 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, Mmfl Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all five filing periods, indicating that no officers received compensation, which is highly unusual for an organization with average annual expenses of approximately $400,000.
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 Mmfl Inc's IRS 990 filings:
- Unknown NTEE code, making it difficult to understand the organization's purpose.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- Zero revenue and assets in the latest snapshot, despite historical activity, suggesting a potential dormancy or data lag.
Strengths
The following positive indicators were identified for Mmfl Inc:
- Consistent filing of IRS Form 990s over five periods.
- Consistently reported 0% officer compensation, indicating a lean executive cost structure.
- Generally stable revenue stream over the reported periods (2011-2015).
Frequently Asked Questions about Mmfl Inc
Is Mmfl Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mmfl Inc (EIN: 205658898) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Mmfl Inc spend its money?
Mmfl Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mmfl Inc tax-deductible?
Mmfl Inc is registered as a tax-exempt nonprofit (EIN: 205658898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mmfl Inc CEO make?
Mmfl Inc's highest-compensated officer earns $400,000. annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mmfl Inc's spending goes to programs?
Mmfl Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Mmfl Inc located?
Mmfl Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 205658898.
How many years of IRS 990 filings does Mmfl Inc have?
Mmfl Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the specific mission and programs of Mmfl Inc, given its 'Unknown' NTEE code?
The provided data does not specify the NTEE code or the organization's mission, making it difficult to understand its programmatic focus.
How does Mmfl Inc manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, which could imply that executive leadership is entirely volunteer-based or compensated through other means not reported as officer compensation.
What are the detailed breakdowns of program, administrative, and fundraising expenses for Mmfl Inc?
The provided summary data only includes total expenses, not a detailed breakdown, which is crucial for assessing spending efficiency.
Filing History
IRS 990 filing history for Mmfl Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Mmfl Inc's revenue has declined by 10.2%, moving from $393K to $353K. Total assets decreased by 49.1% over the same period, from $65K to $33K. Total functional expenses fell by 19.9%, from $400K to $320K. In its most recent filing year (2015), Mmfl Inc reported a surplus of $33K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $353K | $320K | $33K | $0 | — | — |
| 2014 | $501K | $433K | $78K | $26K | — | View 990 |
| 2013 | $397K | $487K | $16K | $33K | — | View 990 |
| 2012 | $374K | $365K | $74K | $0 | — | View 990 |
| 2011 | $393K | $400K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $353K, expenses of $320K, and assets of $33K (revenue -29.5% year-over-year).
- 2014: Revenue of $501K, expenses of $433K, and assets of $78K (revenue +26.2% year-over-year).
- 2013: Revenue of $397K, expenses of $487K, and assets of $16K (revenue +6.0% year-over-year).
- 2012: Revenue of $374K, expenses of $365K, and assets of $74K (revenue -4.8% year-over-year).
- 2011: Revenue of $393K, expenses of $400K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mmfl Inc:
Data Sources and Methodology
This transparency report for Mmfl 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.