Mosaic Housing Corp Viii
EIN: 470828012 · Omaha, NE · NTEE: L22
| Metric | Value |
|---|---|
| Total Expenses | $72K |
| Net Assets | $514K |
Is Mosaic Housing Corp Viii Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mosaic Housing Corp Viii
Mosaic Housing Corp Viii (EIN: 470828012) is a nonprofit organization based in Omaha, NE, classified under NTEE code L22. 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 Mosaic Housing Corp Viii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic Housing Corp Viii is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $72K |
| Surplus / Deficit | $-37,234 |
| Total Assets | $533K |
| Total Liabilities | $19K |
| Net Assets | $514K |
| Operating Margin | -105.9% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 88.3 months |
Financial Health Grade: B
In 2023, Mosaic Housing Corp Viii reported a deficit of $37K with expenses exceeding revenue, holds 88.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mosaic Housing Corp Viii's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.5% | -6.6% | -4.9% |
| 2022 | +82.4% | +7.4% | -5.4% |
| 2021 | +9.2% | -10.5% | -5.4% |
| 2020 | -18.3% | +8.4% | -6.1% |
| 2019 | -12.9% | -2.2% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mosaic Housing Corp Viii 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 Housing Corp Viii 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 deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Mosaic Housing Corp Viii
Is Mosaic Housing Corp Viii a legitimate charity?
Mosaic Housing Corp Viii (EIN: 470828012) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Mosaic Housing Corp Viii spend its money?
Mosaic Housing Corp Viii reported its financials in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mosaic Housing Corp Viii tax-deductible?
Mosaic Housing Corp Viii is registered as a tax-exempt nonprofit (EIN: 470828012). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mosaic Housing Corp Viii located?
Mosaic Housing Corp Viii is headquartered in Omaha, Nebraska and files with the IRS under EIN 470828012. It is classified under NTEE code L22.
How many years of IRS 990 filings does Mosaic Housing Corp Viii have?
Mosaic Housing Corp Viii 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.
Filing History
IRS 990 filing history for Mosaic Housing Corp Viii showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mosaic Housing Corp Viii's revenue has grown by 17.9%, moving from $30K to $35K. Total assets decreased by 41.4% over the same period, from $909K to $533K. Total functional expenses rose by 12.2%, from $65K to $72K. In its most recent filing year (2023), Mosaic Housing Corp Viii reported a deficit of $37K, with expenses exceeding revenue. The organization holds $19K in liabilities against $533K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $514K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $72K | $533K | $19K | — | View 990 |
| 2022 | $64K | $77K | $560K | $9K | — | View 990 |
| 2021 | $35K | $72K | $592K | $28K | — | — |
| 2020 | $32K | $81K | $625K | $24K | — | View 990 |
| 2019 | $40K | $74K | $666K | $17K | — | View 990 |
| 2018 | $45K | $76K | $702K | $18K | — | View 990 |
| 2017 | $46K | $79K | $732K | $17K | — | View 990 |
| 2016 | $42K | $71K | $768K | $21K | — | View 990 |
| 2015 | $39K | $73K | $795K | $18K | — | View 990 |
| 2014 | $37K | $70K | $829K | $19K | — | View 990 |
| 2013 | $31K | $66K | $853K | $10K | — | View 990 |
| 2012 | $42K | $63K | $886K | $9K | — | View 990 |
| 2011 | $30K | $65K | $909K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $72K, and assets of $533K (revenue -45.5% year-over-year).
- 2022: Revenue of $64K, expenses of $77K, and assets of $560K (revenue +82.4% year-over-year).
- 2021: Revenue of $35K, expenses of $72K, and assets of $592K (revenue +9.2% year-over-year).
- 2020: Revenue of $32K, expenses of $81K, and assets of $625K (revenue -18.3% year-over-year).
- 2019: Revenue of $40K, expenses of $74K, and assets of $666K (revenue -12.9% year-over-year).
- 2018: Revenue of $45K, expenses of $76K, and assets of $702K (revenue -0.6% year-over-year).
- 2017: Revenue of $46K, expenses of $79K, and assets of $732K (revenue +9.3% year-over-year).
- 2016: Revenue of $42K, expenses of $71K, and assets of $768K (revenue +8.5% year-over-year).
- 2015: Revenue of $39K, expenses of $73K, and assets of $795K (revenue +4.3% year-over-year).
- 2014: Revenue of $37K, expenses of $70K, and assets of $829K (revenue +18.1% year-over-year).
- 2013: Revenue of $31K, expenses of $66K, and assets of $853K (revenue -25.0% year-over-year).
- 2012: Revenue of $42K, expenses of $63K, and assets of $886K (revenue +40.0% year-over-year).
- 2011: Revenue of $30K, expenses of $65K, and assets of $909K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic Housing Corp Viii:
Data Sources and Methodology
This transparency report for Mosaic Housing Corp Viii 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.