Mosaic Health Inc
Mosaic Health Inc. shows consistent revenue growth and operational surpluses, with no officer compensation reported on 990s.
EIN: 161293681 · Rochester, NY · NTEE: E32Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.6M |
| Total Expenses | $39.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $13.6M |
| Transparency Score | 85/100 |
Is Mosaic Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mosaic Health Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mosaic Health Inc
Mosaic Health Inc (EIN: 161293681) is a nonprofit organization based in Rochester, NY, classified under NTEE code E32Z. The organization reported total revenue of $23.6M and total assets of $21.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mosaic Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic Health Inc is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40.0M |
| Total Expenses | $39.5M |
| Surplus / Deficit | +$534K |
| Total Assets | $22.3M |
| Total Liabilities | $8.7M |
| Net Assets | $13.6M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 39.1% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Mosaic Health Inc reported a surplus of $534K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 39.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mosaic Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | -1.3% | -14.2% |
| 2022 | +24.7% | +23.7% | +52.3% |
| 2021 | -6.4% | -8.1% | -2.4% |
| 2020 | +13.1% | +23.3% | +2.2% |
| 2019 | +32.8% | +31.4% | +25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Mosaic Health 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, Mosaic Health 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $534K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.1%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization of this size with over $40 million in annual revenue. This suggests executive compensation may be reported under different expense categories or that the organization has a unique compensation structure.
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 Mosaic Health Inc's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s, which may obscure actual executive pay details.
Strengths
The following positive indicators were identified for Mosaic Health Inc:
- Consistent revenue growth over a decade, from $12M in 2014 to $40M in 2023.
- Healthy asset growth, increasing from $6.2M in 2014 to $22.3M in 2023.
- Generally operates with a surplus, indicating sound financial management (e.g., $533,916 surplus in 2023).
- Expenses closely track revenue, suggesting efficient deployment of funds towards mission.
Frequently Asked Questions about Mosaic Health Inc
Is Mosaic Health Inc a legitimate charity?
Mosaic Health Inc (EIN: 161293681) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $23.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Mosaic Health Inc spend its money?
Mosaic Health Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mosaic Health Inc tax-deductible?
Mosaic Health Inc is registered as a tax-exempt nonprofit (EIN: 161293681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mosaic Health Inc CEO make?
Mosaic Health Inc's highest-compensated officer earns $40 annually. The organization reported $23.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mosaic Health Inc's spending goes to programs?
Mosaic Health Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mosaic Health Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mosaic Health Inc is above average for NTEE category E32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mosaic Health Inc located?
Mosaic Health Inc is headquartered in Rochester, New York and files with the IRS under EIN 161293681. It is classified under NTEE code E32Z.
How many years of IRS 990 filings does Mosaic Health Inc have?
Mosaic Health 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 $23.6M in total revenue.
Is Mosaic Health Inc. a good charity?
Based on the provided data, Mosaic Health Inc. appears to be a financially stable and growing organization with consistent revenue and asset growth. Their expenses closely track revenue, suggesting efficient use of funds. The lack of reported officer compensation on the 990s is a point for further inquiry, but overall financial health seems robust.
How has Mosaic Health Inc.'s revenue grown over time?
Mosaic Health Inc. has experienced significant revenue growth, increasing from $12,011,003 in 2014 to $40,004,268 in 2023, demonstrating a strong upward trend in financial capacity.
What is the organization's financial stability?
The organization shows strong financial stability, consistently operating with a surplus (e.g., $533,916 in 2023) and growing its assets from $6.2 million in 2014 to $22.3 million in 2023, indicating a healthy financial position.
Filing History
IRS 990 filing history for Mosaic Health Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mosaic Health Inc's revenue has grown by 306.7%, moving from $9.8M to $40.0M. Total assets increased by 284.4% over the same period, from $5.8M to $22.3M. Total functional expenses rose by 301.6%, from $9.8M to $39.5M. In its most recent filing year (2023), Mosaic Health Inc reported a surplus of $534K, with revenue exceeding expenses. The organization holds $8.7M in liabilities against $22.3M in assets (debt-to-asset ratio: 39.1%), resulting in net assets of $13.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40.0M | $39.5M | $22.3M | $8.7M | — | — |
| 2022 | $41.0M | $40.0M | $26.0M | $13.0M | — | View 990 |
| 2021 | $32.9M | $32.3M | $17.1M | $5.0M | — | View 990 |
| 2020 | $35.1M | $35.2M | $17.5M | $6.0M | — | View 990 |
| 2019 | $31.0M | $28.5M | $17.1M | $5.6M | — | View 990 |
| 2018 | $23.4M | $21.7M | $13.7M | $4.7M | — | View 990 |
| 2017 | $22.8M | $20.5M | $11.9M | $4.6M | — | View 990 |
| 2016 | $17.5M | $16.9M | $9.2M | $4.2M | — | View 990 |
| 2015 | $14.4M | $14.2M | $8.5M | $4.1M | — | View 990 |
| 2014 | $12.0M | $11.3M | $6.2M | $2.1M | — | View 990 |
| 2013 | $10.3M | $10.4M | $5.4M | $2.0M | — | View 990 |
| 2012 | $10.0M | $10.6M | $5.4M | $1.9M | — | View 990 |
| 2011 | $9.8M | $9.8M | $5.8M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40.0M, expenses of $39.5M, and assets of $22.3M (revenue -2.4% year-over-year).
- 2022: Revenue of $41.0M, expenses of $40.0M, and assets of $26.0M (revenue +24.7% year-over-year).
- 2021: Revenue of $32.9M, expenses of $32.3M, and assets of $17.1M (revenue -6.4% year-over-year).
- 2020: Revenue of $35.1M, expenses of $35.2M, and assets of $17.5M (revenue +13.1% year-over-year).
- 2019: Revenue of $31.0M, expenses of $28.5M, and assets of $17.1M (revenue +32.8% year-over-year).
- 2018: Revenue of $23.4M, expenses of $21.7M, and assets of $13.7M (revenue +2.3% year-over-year).
- 2017: Revenue of $22.8M, expenses of $20.5M, and assets of $11.9M (revenue +30.4% year-over-year).
- 2016: Revenue of $17.5M, expenses of $16.9M, and assets of $9.2M (revenue +21.7% year-over-year).
- 2015: Revenue of $14.4M, expenses of $14.2M, and assets of $8.5M (revenue +19.9% year-over-year).
- 2014: Revenue of $12.0M, expenses of $11.3M, and assets of $6.2M (revenue +16.4% year-over-year).
- 2013: Revenue of $10.3M, expenses of $10.4M, and assets of $5.4M (revenue +3.1% year-over-year).
- 2012: Revenue of $10.0M, expenses of $10.6M, and assets of $5.4M (revenue +1.7% year-over-year).
- 2011: Revenue of $9.8M, expenses of $9.8M, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic Health Inc:
Data Sources and Methodology
This transparency report for Mosaic Health 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.