Mobius Inc
Mobius Inc. experiences recent revenue decline and deficit spending after a period of growth.
EIN: 10358732 · Damariscotta, ME · NTEE: P73 · Updated: 2026-03-28
Is Mobius Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mobius Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mobius Inc
Mobius Inc (EIN: 10358732) is a nonprofit organization based in Damariscotta, ME, classified under NTEE code P73. The organization reported total revenue of $4.6M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mobius Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mobius Inc with a Mission Score of 85 out of 100 (Excellent). 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, Mobius Inc 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.
Executive Compensation Analysis
Mobius Inc. consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly commendable for an organization of its size.
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 Mobius Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating deficit spending.
- Significant decline in revenue from $7.3 million in 2021 to $4.8 million in 2023.
- Total assets have decreased by over $1.3 million from 2021 to 2023.
Strengths
The following positive indicators were identified for Mobius Inc:
- Consistently reports 0% officer compensation, demonstrating excellent financial transparency and mission focus.
- Maintained substantial assets over a decade, indicating historical financial stability.
- Long operational history with 12 filings, suggesting established presence and experience.
Frequently Asked Questions about Mobius Inc
Is Mobius Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mobius Inc (EIN: 10358732) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Mobius Inc spend its money?
Mobius Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mobius Inc tax-deductible?
Mobius Inc is registered as a tax-exempt nonprofit (EIN: 10358732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mobius Inc. a good charity?
Mobius Inc. demonstrates strong program focus and transparency regarding executive compensation. However, recent financial trends showing expenses exceeding revenue and declining assets suggest a need for closer scrutiny into their current financial management and sustainability.
Why are Mobius Inc.'s assets decreasing?
Mobius Inc.'s assets have decreased from a high of $5,251,239 in 2021 to $3,882,269 in 2023. This decline coincides with two consecutive years (2022 and 2023) where expenses exceeded revenue, indicating the organization is drawing down its reserves to cover operational costs.
What caused the revenue decline for Mobius Inc.?
Mobius Inc.'s revenue peaked at $7,303,143 in 2021 and has since declined to $4,824,115 in 2023. The specific causes are not detailed in the provided data but warrant investigation, as this represents a significant drop in funding.
Filing History
IRS 990 filing history for Mobius Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mobius Inc's revenue has declined by 11.4%, moving from $5.4M to $4.8M. Total assets decreased by 10.5% over the same period, from $4.3M to $3.9M. Total functional expenses fell by 3.1%, from $5.3M to $5.2M. In its most recent filing year (2023), Mobius Inc reported a deficit of $346K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $3.9M in assets (debt-to-asset ratio: 50.4%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $5.2M | $3.9M | $2.0M | — | — |
| 2022 | $5.5M | $5.8M | $4.7M | $2.0M | — | View 990 |
| 2021 | $7.3M | $5.8M | $5.3M | $2.1M | — | — |
| 2020 | $6.1M | $6.1M | $3.9M | $2.4M | — | View 990 |
| 2019 | $5.6M | $5.9M | $4.1M | $2.6M | — | View 990 |
| 2018 | $5.8M | $6.1M | $4.4M | $2.7M | — | View 990 |
| 2017 | $6.0M | $6.2M | $4.1M | $2.0M | — | View 990 |
| 2016 | $5.9M | $6.0M | $4.5M | $2.2M | — | View 990 |
| 2015 | $6.0M | $5.8M | $4.3M | $1.9M | — | View 990 |
| 2014 | $5.4M | $5.4M | $4.2M | $1.9M | — | View 990 |
| 2013 | $5.4M | $5.4M | $4.3M | $2.0M | — | View 990 |
| 2012 | $5.4M | $5.3M | $4.3M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $5.2M, and assets of $3.9M (revenue -12.5% year-over-year).
- 2022: Revenue of $5.5M, expenses of $5.8M, and assets of $4.7M (revenue -24.5% year-over-year).
- 2021: Revenue of $7.3M, expenses of $5.8M, and assets of $5.3M (revenue +19.9% year-over-year).
- 2020: Revenue of $6.1M, expenses of $6.1M, and assets of $3.9M (revenue +9.0% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.9M, and assets of $4.1M (revenue -2.8% year-over-year).
- 2018: Revenue of $5.8M, expenses of $6.1M, and assets of $4.4M (revenue -3.6% year-over-year).
- 2017: Revenue of $6.0M, expenses of $6.2M, and assets of $4.1M (revenue +0.6% year-over-year).
- 2016: Revenue of $5.9M, expenses of $6.0M, and assets of $4.5M (revenue -0.9% year-over-year).
- 2015: Revenue of $6.0M, expenses of $5.8M, and assets of $4.3M (revenue +11.4% year-over-year).
- 2014: Revenue of $5.4M, expenses of $5.4M, and assets of $4.2M (revenue -0.2% year-over-year).
- 2013: Revenue of $5.4M, expenses of $5.4M, and assets of $4.3M (revenue -1.1% year-over-year).
- 2012: Revenue of $5.4M, expenses of $5.3M, and assets of $4.3M.
Data Sources and Methodology
This transparency report for Mobius 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.