Mosaic Hope
EIN: 883870776 · Union Mills, NC · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $36K |
| Net Assets | $328K |
Is Mosaic Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mosaic Hope
Mosaic Hope (EIN: 883870776) is a nonprofit organization based in Union Mills, NC, classified under NTEE code B94. The organization reported total revenue of $269K and total assets of $569K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mosaic Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic Hope is a small nonprofit that has been operating for 4 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $361K |
| Total Expenses | $36K |
| Surplus / Deficit | +$325K |
| Total Assets | $328K |
| Net Assets | $328K |
| Operating Margin | 90.0% |
| Months of Reserves | 109.4 months |
Financial Health Grade: A
In 2023, Mosaic Hope reported a surplus of $325K with revenue exceeding expenses, holds 109.4 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mosaic Hope 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 Mosaic Hope 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 surplus of $325K, with revenue exceeding expenses.
Frequently Asked Questions about Mosaic Hope
Is Mosaic Hope a legitimate charity?
Mosaic Hope (EIN: 883870776) is a registered tax-exempt nonprofit based in North Carolina. Total revenue: $269K. No red flags identified. Financial health grade: A.
How does Mosaic Hope spend its money?
Mosaic Hope reported $269K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mosaic Hope tax-deductible?
Mosaic Hope is registered as a tax-exempt nonprofit (EIN: 883870776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mosaic Hope located?
Mosaic Hope is headquartered in Union Mills, North Carolina and files with the IRS under EIN 883870776. It is classified under NTEE code B94.
Filing History
IRS 990 filing history for Mosaic Hope showing financial trends over 1 year of public records:
In its most recent filing year (2023), Mosaic Hope reported a surplus of $325K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $361K | $36K | $328K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic Hope:
Data Sources and Methodology
This transparency report for Mosaic Hope 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.