Mosaic Housing Corp Xiii
EIN: 421626679 · Omaha, NE · NTEE: L21
| Metric | Value |
|---|---|
| Total Expenses | $82K |
| Net Assets | $360K |
Is Mosaic Housing Corp Xiii 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 Xiii
Mosaic Housing Corp Xiii (EIN: 421626679) is a nonprofit organization based in Omaha, NE, classified under NTEE code L21. 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 Xiii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic Housing Corp Xiii is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $82K |
| Surplus / Deficit | $-44,769 |
| Total Assets | $377K |
| Total Liabilities | $17K |
| Net Assets | $360K |
| Operating Margin | -120.3% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 55.1 months |
Financial Health Grade: B
In 2023, Mosaic Housing Corp Xiii reported a deficit of $45K with expenses exceeding revenue, holds 55.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mosaic Housing Corp Xiii's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.7% | -1.4% | -8.5% |
| 2022 | +220.3% | +18.1% | -6.8% |
| 2021 | -21.5% | -7.3% | -7.0% |
| 2020 | -11.1% | +1.2% | -7.5% |
| 2019 | +32.7% | +7.1% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mosaic Housing Corp Xiii 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 Xiii 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 $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Mosaic Housing Corp Xiii
Is Mosaic Housing Corp Xiii a legitimate charity?
Mosaic Housing Corp Xiii (EIN: 421626679) 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 Xiii spend its money?
Mosaic Housing Corp Xiii 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 Xiii tax-deductible?
Mosaic Housing Corp Xiii is registered as a tax-exempt nonprofit (EIN: 421626679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mosaic Housing Corp Xiii located?
Mosaic Housing Corp Xiii is headquartered in Omaha, Nebraska and files with the IRS under EIN 421626679. It is classified under NTEE code L21.
How many years of IRS 990 filings does Mosaic Housing Corp Xiii have?
Mosaic Housing Corp Xiii 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 Xiii showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mosaic Housing Corp Xiii's revenue has grown by 72.1%, moving from $22K to $37K. Total assets decreased by 53% over the same period, from $802K to $377K. Total functional expenses rose by 30%, from $63K to $82K. In its most recent filing year (2023), Mosaic Housing Corp Xiii reported a deficit of $45K, with expenses exceeding revenue. The organization holds $17K in liabilities against $377K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $360K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $82K | $377K | $17K | — | — |
| 2022 | $90K | $83K | $412K | $7K | — | View 990 |
| 2021 | $28K | $70K | $442K | $44K | — | — |
| 2020 | $36K | $76K | $475K | $35K | — | View 990 |
| 2019 | $40K | $75K | $513K | $33K | — | View 990 |
| 2018 | $30K | $70K | $548K | $33K | — | View 990 |
| 2017 | $40K | $68K | $583K | $28K | — | View 990 |
| 2016 | $38K | $81K | $611K | $28K | — | View 990 |
| 2015 | $39K | $74K | $646K | $20K | — | View 990 |
| 2014 | $43K | $77K | $681K | $21K | — | View 990 |
| 2013 | $31K | $84K | $717K | $23K | — | View 990 |
| 2012 | $27K | $67K | $763K | $16K | — | View 990 |
| 2011 | $22K | $63K | $802K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $82K, and assets of $377K (revenue -58.7% year-over-year).
- 2022: Revenue of $90K, expenses of $83K, and assets of $412K (revenue +220.3% year-over-year).
- 2021: Revenue of $28K, expenses of $70K, and assets of $442K (revenue -21.5% year-over-year).
- 2020: Revenue of $36K, expenses of $76K, and assets of $475K (revenue -11.1% year-over-year).
- 2019: Revenue of $40K, expenses of $75K, and assets of $513K (revenue +32.7% year-over-year).
- 2018: Revenue of $30K, expenses of $70K, and assets of $548K (revenue -24.2% year-over-year).
- 2017: Revenue of $40K, expenses of $68K, and assets of $583K (revenue +5.8% year-over-year).
- 2016: Revenue of $38K, expenses of $81K, and assets of $611K (revenue -3.9% year-over-year).
- 2015: Revenue of $39K, expenses of $74K, and assets of $646K (revenue -8.4% year-over-year).
- 2014: Revenue of $43K, expenses of $77K, and assets of $681K (revenue +41.0% year-over-year).
- 2013: Revenue of $31K, expenses of $84K, and assets of $717K (revenue +14.3% year-over-year).
- 2012: Revenue of $27K, expenses of $67K, and assets of $763K (revenue +23.4% year-over-year).
- 2011: Revenue of $22K, expenses of $63K, and assets of $802K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic Housing Corp Xiii:
Data Sources and Methodology
This transparency report for Mosaic Housing Corp Xiii 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.