Mosaic Housing Corp Xx Garden City
EIN: 264555206 · Omaha, NE · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $126K |
| Net Assets | $1.0M |
Is Mosaic Housing Corp Xx Garden City 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 Xx Garden City
Mosaic Housing Corp Xx Garden City (EIN: 264555206) is a nonprofit organization based in Omaha, NE, classified under NTEE code L21. The organization reported total revenue of $74K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mosaic Housing Corp Xx Garden City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic Housing Corp Xx Garden City is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $126K |
| Surplus / Deficit | $-61,278 |
| Total Assets | $1.1M |
| Total Liabilities | $19K |
| Net Assets | $1.0M |
| Operating Margin | -95.2% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 102.0 months |
Financial Health Grade: B
In 2023, Mosaic Housing Corp Xx Garden City reported a deficit of $61K with expenses exceeding revenue, holds 102.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mosaic Housing Corp Xx Garden City's revenue has declined at a compound annual growth rate (CAGR) of -23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | -3.6% | -5.3% |
| 2022 | +2.4% | +7.9% | -5.3% |
| 2021 | +8.7% | -2.5% | -4.8% |
| 2020 | -1.0% | +1.9% | -5.2% |
| 2019 | -1.5% | -4.9% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mosaic Housing Corp Xx Garden City 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 Xx Garden City 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 $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Mosaic Housing Corp Xx Garden City
Is Mosaic Housing Corp Xx Garden City a legitimate charity?
Mosaic Housing Corp Xx Garden City (EIN: 264555206) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. Total revenue: $74K. No red flags identified. Financial health grade: B.
How does Mosaic Housing Corp Xx Garden City spend its money?
Mosaic Housing Corp Xx Garden City reported $74K in total revenue 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 Xx Garden City tax-deductible?
Mosaic Housing Corp Xx Garden City is registered as a tax-exempt nonprofit (EIN: 264555206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mosaic Housing Corp Xx Garden City located?
Mosaic Housing Corp Xx Garden City is headquartered in Omaha, Nebraska and files with the IRS under EIN 264555206. It is classified under NTEE code L21.
How many years of IRS 990 filings does Mosaic Housing Corp Xx Garden City have?
Mosaic Housing Corp Xx Garden City 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 $74K in total revenue.
Filing History
IRS 990 filing history for Mosaic Housing Corp Xx Garden City showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mosaic Housing Corp Xx Garden City's revenue has declined by 96.2%, moving from $1.7M to $64K. Total assets decreased by 49.7% over the same period, from $2.1M to $1.1M. Total functional expenses rose by 1703.3%, from $7K to $126K. In its most recent filing year (2023), Mosaic Housing Corp Xx Garden City reported a deficit of $61K, with expenses exceeding revenue. The organization holds $19K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $126K | $1.1M | $19K | — | View 990 |
| 2022 | $64K | $130K | $1.1M | $17K | — | — |
| 2021 | $62K | $121K | $1.2M | $13K | — | — |
| 2020 | $57K | $124K | $1.3M | $15K | — | View 990 |
| 2019 | $58K | $122K | $1.3M | $17K | — | View 990 |
| 2018 | $59K | $128K | $1.4M | $12K | — | View 990 |
| 2017 | $61K | $124K | $1.4M | $12K | — | View 990 |
| 2016 | $58K | $123K | $1.5M | $18K | — | View 990 |
| 2015 | $61K | $119K | $1.6M | $14K | — | View 990 |
| 2014 | $56K | $117K | $1.6M | $13K | — | View 990 |
| 2013 | $50K | $114K | $1.7M | $7K | — | View 990 |
| 2012 | $152K | $204K | $1.8M | $61K | — | View 990 |
| 2011 | $1.7M | $7K | $2.1M | $322K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64K, expenses of $126K, and assets of $1.1M (revenue +1.1% year-over-year).
- 2022: Revenue of $64K, expenses of $130K, and assets of $1.1M (revenue +2.4% year-over-year).
- 2021: Revenue of $62K, expenses of $121K, and assets of $1.2M (revenue +8.7% year-over-year).
- 2020: Revenue of $57K, expenses of $124K, and assets of $1.3M (revenue -1.0% year-over-year).
- 2019: Revenue of $58K, expenses of $122K, and assets of $1.3M (revenue -1.5% year-over-year).
- 2018: Revenue of $59K, expenses of $128K, and assets of $1.4M (revenue -4.2% year-over-year).
- 2017: Revenue of $61K, expenses of $124K, and assets of $1.4M (revenue +5.1% year-over-year).
- 2016: Revenue of $58K, expenses of $123K, and assets of $1.5M (revenue -5.2% year-over-year).
- 2015: Revenue of $61K, expenses of $119K, and assets of $1.6M (revenue +10.2% year-over-year).
- 2014: Revenue of $56K, expenses of $117K, and assets of $1.6M (revenue +11.5% year-over-year).
- 2013: Revenue of $50K, expenses of $114K, and assets of $1.7M (revenue -67.0% year-over-year).
- 2012: Revenue of $152K, expenses of $204K, and assets of $1.8M (revenue -91.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $7K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic Housing Corp Xx Garden City:
Data Sources and Methodology
This transparency report for Mosaic Housing Corp Xx Garden City 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.