Mosaic House Ministries
EIN: 475437860 · North Chicago, IL · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $510K |
| Total Expenses | $328K |
| Net Assets | $2.4M |
Is Mosaic House Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mosaic House Ministries
Mosaic House Ministries (EIN: 475437860) is a nonprofit organization based in North Chicago, IL, classified under NTEE code X20. The organization reported total revenue of $510K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mosaic House Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic House Ministries is a small nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 24.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $411K |
| Total Expenses | $328K |
| Surplus / Deficit | +$84K |
| Total Assets | $2.4M |
| Total Liabilities | $2K |
| Net Assets | $2.4M |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 87.7 months |
Financial Health Grade: A
In 2023, Mosaic House Ministries reported a surplus of $84K with revenue exceeding expenses, holds 87.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Mosaic House Ministries's revenue has grown at a compound annual growth rate (CAGR) of 24.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.4% | +61.8% | +3.6% |
| 2022 | +232.9% | +163.4% | +97.3% |
| 2021 | +12.8% | +21.5% | +38.9% |
| 2020 | +13.6% | +100.4% | +53.6% |
| 2019 | +87.4% | -13.9% | +106.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mosaic House Ministries 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 House Ministries 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 $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Mosaic House Ministries
Is Mosaic House Ministries a legitimate charity?
Mosaic House Ministries (EIN: 475437860) is a registered tax-exempt nonprofit based in Illinois. It has 8 years of IRS 990 filings on record. Total revenue: $510K. No red flags identified. Financial health grade: A.
How does Mosaic House Ministries spend its money?
Mosaic House Ministries reported $510K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mosaic House Ministries tax-deductible?
Mosaic House Ministries is registered as a tax-exempt nonprofit (EIN: 475437860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mosaic House Ministries located?
Mosaic House Ministries is headquartered in North Chicago, Illinois and files with the IRS under EIN 475437860. It is classified under NTEE code X20.
How many years of IRS 990 filings does Mosaic House Ministries have?
Mosaic House Ministries has 8 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 $510K in total revenue.
Filing History
IRS 990 filing history for Mosaic House Ministries showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Mosaic House Ministries's revenue has grown by 361.1%, moving from $89K to $411K. Total assets increased by 2881.7% over the same period, from $80K to $2.4M. Total functional expenses rose by 357.8%, from $72K to $328K. In its most recent filing year (2023), Mosaic House Ministries reported a surplus of $84K, with revenue exceeding expenses. The organization holds $2K in liabilities against $2.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $411K | $328K | $2.4M | $2K | — | — |
| 2022 | $1.3M | $202K | $2.3M | $1K | — | — |
| 2021 | $403K | $77K | $1.2M | $2K | — | — |
| 2020 | $357K | $63K | $843K | $21 | — | View 990 |
| 2019 | $315K | $32K | $549K | $0 | — | View 990 |
| 2018 | $168K | $37K | $266K | $16 | — | View 990 |
| 2017 | $98K | $42K | $135K | $0 | — | View 990 |
| 2016 | $89K | $72K | $80K | $959 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $411K, expenses of $328K, and assets of $2.4M (revenue -69.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $202K, and assets of $2.3M (revenue +232.9% year-over-year).
- 2021: Revenue of $403K, expenses of $77K, and assets of $1.2M (revenue +12.8% year-over-year).
- 2020: Revenue of $357K, expenses of $63K, and assets of $843K (revenue +13.6% year-over-year).
- 2019: Revenue of $315K, expenses of $32K, and assets of $549K (revenue +87.4% year-over-year).
- 2018: Revenue of $168K, expenses of $37K, and assets of $266K (revenue +71.2% year-over-year).
- 2017: Revenue of $98K, expenses of $42K, and assets of $135K (revenue +9.9% year-over-year).
- 2016: Revenue of $89K, expenses of $72K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic House Ministries:
Data Sources and Methodology
This transparency report for Mosaic House Ministries 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.