Mosaic Illinois Housing At Macomb I
Mosaic Illinois Housing At Macomb I consistently operates at a deficit, drawing down assets over the past decade.
EIN: 204841909 · Omaha, NE · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $48K |
| Program Spending | 80% |
| Net Assets | $268K |
| Transparency Score | 65/100 |
Is Mosaic Illinois Housing At Macomb I Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mosaic Illinois Housing At Macomb I directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mosaic Illinois Housing At Macomb I
Mosaic Illinois Housing At Macomb I (EIN: 204841909) is a nonprofit organization based in Omaha, NE, classified under NTEE code L21. The organization reported total revenue of $33K and total assets of $272K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mosaic Illinois Housing At Macomb I's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic Illinois Housing At Macomb I is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $48K |
| Surplus / Deficit | $-13,492 |
| Total Assets | $290K |
| Total Liabilities | $22K |
| Net Assets | $268K |
| Operating Margin | -38.7% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 72.0 months |
Financial Health Grade: B
In 2023, Mosaic Illinois Housing At Macomb I reported a deficit of $13K with expenses exceeding revenue, holds 72.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mosaic Illinois Housing At Macomb I's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.4% | +14.4% | -4.5% |
| 2022 | +3.7% | -0.7% | -4.5% |
| 2021 | +1.6% | +7.1% | -3.4% |
| 2020 | -8.9% | -1.5% | -3.1% |
| 2019 | +0.1% | +16.1% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mosaic Illinois Housing At Macomb I with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mosaic Illinois Housing At Macomb I allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.7%.
Executive Compensation Analysis
Officer compensation has been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for an organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mosaic Illinois Housing At Macomb I's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue annually)
- Declining asset base over the past decade (from $368,861 in 2014 to $290,077 in 2023)
Strengths
The following positive indicators were identified for Mosaic Illinois Housing At Macomb I:
- No reported officer compensation, indicating efficient leadership costs
- Consistent filing history, suggesting good transparency
- Stable revenue stream over the past decade, albeit insufficient to cover expenses
Frequently Asked Questions about Mosaic Illinois Housing At Macomb I
Is Mosaic Illinois Housing At Macomb I a legitimate charity?
Mosaic Illinois Housing At Macomb I (EIN: 204841909) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $33K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mosaic Illinois Housing At Macomb I spend its money?
Mosaic Illinois Housing At Macomb I directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mosaic Illinois Housing At Macomb I tax-deductible?
Mosaic Illinois Housing At Macomb I is registered as a tax-exempt nonprofit (EIN: 204841909). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mosaic Illinois Housing At Macomb I's spending goes to programs?
Mosaic Illinois Housing At Macomb I directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mosaic Illinois Housing At Macomb I compare to similar nonprofits?
With a transparency score of 65/100 (Good), Mosaic Illinois Housing At Macomb I is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mosaic Illinois Housing At Macomb I located?
Mosaic Illinois Housing At Macomb I is headquartered in Omaha, Nebraska and files with the IRS under EIN 204841909. It is classified under NTEE code L21.
How many years of IRS 990 filings does Mosaic Illinois Housing At Macomb I have?
Mosaic Illinois Housing At Macomb I 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 $33K in total revenue.
Is Mosaic Illinois Housing At Macomb I financially sustainable?
Based on the provided data, the organization is not financially sustainable on an annual basis, as expenses have consistently exceeded revenue for the past decade, leading to a decline in assets from $368,861 in 2014 to $290,077 in 2023.
What is the primary reason for the decline in assets?
The primary reason for the decline in assets is that the organization's expenses have consistently been higher than its revenue each year, for example, $48,318 in expenses versus $34,826 in revenue in 2023.
How does the organization cover its operational deficits?
The organization covers its operational deficits by drawing down its existing asset base, as evidenced by the decrease in total assets over time.
Is the lack of officer compensation a positive or negative sign?
The consistent reporting of 0% officer compensation is generally a positive sign, indicating high efficiency in leadership costs and potentially a strong volunteer base, especially for an organization of this size.
Filing History
IRS 990 filing history for Mosaic Illinois Housing At Macomb I showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mosaic Illinois Housing At Macomb I's revenue has grown by 29.7%, moving from $27K to $35K. Total assets decreased by 25.2% over the same period, from $388K to $290K. Total functional expenses rose by 34%, from $36K to $48K. In its most recent filing year (2023), Mosaic Illinois Housing At Macomb I reported a deficit of $13K, with expenses exceeding revenue. The organization holds $22K in liabilities against $290K in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $268K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $48K | $290K | $22K | — | View 990 |
| 2022 | $31K | $42K | $304K | $23K | — | View 990 |
| 2021 | $30K | $43K | $318K | $26K | — | — |
| 2020 | $29K | $40K | $329K | $24K | — | — |
| 2019 | $32K | $40K | $339K | $24K | — | View 990 |
| 2018 | $32K | $35K | $349K | $26K | — | View 990 |
| 2017 | $32K | $37K | $352K | $26K | — | — |
| 2016 | $32K | $36K | $359K | $28K | — | View 990 |
| 2015 | $32K | $35K | $365K | $29K | — | View 990 |
| 2014 | $31K | $36K | $369K | $30K | — | View 990 |
| 2013 | $29K | $36K | $375K | $32K | — | View 990 |
| 2012 | $30K | $38K | $382K | $32K | — | View 990 |
| 2011 | $27K | $36K | $388K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $48K, and assets of $290K (revenue +12.4% year-over-year).
- 2022: Revenue of $31K, expenses of $42K, and assets of $304K (revenue +3.7% year-over-year).
- 2021: Revenue of $30K, expenses of $43K, and assets of $318K (revenue +1.6% year-over-year).
- 2020: Revenue of $29K, expenses of $40K, and assets of $329K (revenue -8.9% year-over-year).
- 2019: Revenue of $32K, expenses of $40K, and assets of $339K (revenue +0.1% year-over-year).
- 2018: Revenue of $32K, expenses of $35K, and assets of $349K (revenue +1.4% year-over-year).
- 2017: Revenue of $32K, expenses of $37K, and assets of $352K (revenue +0.7% year-over-year).
- 2016: Revenue of $32K, expenses of $36K, and assets of $359K (revenue +0.2% year-over-year).
- 2015: Revenue of $32K, expenses of $35K, and assets of $365K (revenue +0.9% year-over-year).
- 2014: Revenue of $31K, expenses of $36K, and assets of $369K (revenue +6.9% year-over-year).
- 2013: Revenue of $29K, expenses of $36K, and assets of $375K (revenue -1.5% year-over-year).
- 2012: Revenue of $30K, expenses of $38K, and assets of $382K (revenue +10.6% year-over-year).
- 2011: Revenue of $27K, expenses of $36K, and assets of $388K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic Illinois Housing At Macomb I:
Data Sources and Methodology
This transparency report for Mosaic Illinois Housing At Macomb I 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.