Mount Pleasant Baptist Educational Development Corporation
Small DC nonprofit consistently reports zero officer compensation and liabilities amidst fluctuating modest revenues.
EIN: 161757443 · Washington, DC · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $3K |
| Program Spending | 85% |
| Net Assets | $25K |
| Transparency Score | 85/100 |
Is Mount Pleasant Baptist Educational Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Pleasant Baptist Educational Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Pleasant Baptist Educational Development Corporation
Mount Pleasant Baptist Educational Development Corporation (EIN: 161757443) is a nonprofit organization based in Washington, DC, classified under NTEE code B90. The organization reported total revenue of $8K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Pleasant Baptist Educational Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Pleasant Baptist Educational Development Corporation is a micro nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $3K |
| Surplus / Deficit | +$2K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 39.7% |
| Months of Reserves | 117.2 months |
Financial Health Grade: A
In 2023, Mount Pleasant Baptist Educational Development Corporation reported a surplus of $2K with revenue exceeding expenses, holds 117.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Mount Pleasant Baptist Educational Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.3% | +32.2% | +7.2% |
| 2022 | -56.8% | -54.8% | +3.1% |
| 2021 | +103.7% | +71.4% | +8.7% |
| 2020 | -73.8% | -75.4% | +2.4% |
| 2019 | +280.5% | +94.7% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Mount Pleasant Baptist Educational Development Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mount Pleasant Baptist Educational Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual and suggests a volunteer-led structure for an organization of any 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 Mount Pleasant Baptist Educational Development Corporation's IRS 990 filings:
- Highly fluctuating annual revenue, making long-term financial planning potentially challenging.
- Lack of detailed expense breakdown beyond 990-EZ summary, limiting granular analysis of spending efficiency.
Strengths
The following positive indicators were identified for Mount Pleasant Baptist Educational Development Corporation:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven or highly efficient leadership structure.
- Zero reported liabilities across all filings, demonstrating strong financial management and no debt burden.
- Consistent filing of IRS 990-EZ forms over 14 periods, showing a commitment to transparency and compliance.
- Modest but consistent growth in assets over recent years, indicating financial stability.
- High program spending ratio, estimated at 85%, due to minimal administrative and fundraising overhead.
Frequently Asked Questions about Mount Pleasant Baptist Educational Development Corporation
Is Mount Pleasant Baptist Educational Development Corporation a legitimate charity?
Mount Pleasant Baptist Educational Development Corporation (EIN: 161757443) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $8K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Mount Pleasant Baptist Educational Development Corporation spend its money?
Mount Pleasant Baptist Educational Development Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mount Pleasant Baptist Educational Development Corporation tax-deductible?
Mount Pleasant Baptist Educational Development Corporation is registered as a tax-exempt nonprofit (EIN: 161757443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mount Pleasant Baptist Educational Development Corporation's spending goes to programs?
Mount Pleasant Baptist Educational Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount Pleasant Baptist Educational Development Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mount Pleasant Baptist Educational Development Corporation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mount Pleasant Baptist Educational Development Corporation located?
Mount Pleasant Baptist Educational Development Corporation is headquartered in Washington, Washington DC and files with the IRS under EIN 161757443. It is classified under NTEE code B90.
How many years of IRS 990 filings does Mount Pleasant Baptist Educational Development Corporation have?
Mount Pleasant Baptist Educational Development Corporation has 14 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 $8K in total revenue.
Is Mount Pleasant Baptist Educational Development Corporation a good charity?
Based on the available data, the organization appears to be a responsible and transparent charity, especially given its consistent reporting of zero officer compensation and liabilities. Its small scale means its impact is likely localized, but its financial management seems sound.
How does the organization manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is likely run by volunteers, or that any compensated roles are not classified as officers, which is a significant indicator of a lean, mission-focused operation.
What is the trend in the organization's assets?
The organization's assets have shown a modest but consistent growth trend, increasing from $19,376 in 2018 to $25,415 in 2023, indicating financial stability and accumulation over time.
How stable is the organization's revenue?
Revenue has fluctuated significantly year-to-year, ranging from a low of $2,677 in 2022 to a high of $13,566 in 2015. This variability suggests reliance on inconsistent donations or project-based funding rather than a steady income stream.
Filing History
IRS 990 filing history for Mount Pleasant Baptist Educational Development Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Mount Pleasant Baptist Educational Development Corporation's revenue has declined by 41.2%, moving from $7K to $4K. Total assets increased by 103.9% over the same period, from $12K to $25K. Total functional expenses rose by 27.5%, from $2K to $3K. In its most recent filing year (2023), Mount Pleasant Baptist Educational Development Corporation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $3K | $25K | $0 | — | — |
| 2022 | $3K | $2K | $24K | $0 | — | View 990 |
| 2021 | $6K | $4K | $23K | $0 | — | View 990 |
| 2020 | $3K | $3K | $21K | $0 | — | — |
| 2019 | $12K | $10K | $21K | $0 | — | View 990 |
| 2018 | $3K | $5K | $19K | $0 | — | View 990 |
| 2017 | $7K | $6K | $22K | $0 | — | View 990 |
| 2016 | $12K | $14K | $20K | $0 | — | View 990 |
| 2015 | $14K | $11K | $22K | $0 | — | View 990 |
| 2014 | $9K | $7K | $24K | $0 | — | View 990 |
| 2013 | $9K | $6K | $22K | $0 | — | View 990 |
| 2012 | $8K | $6K | $19K | $0 | — | View 990 |
| 2011 | $6K | $3K | $16K | $0 | — | View 990 |
| 2010 | $7K | $2K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $3K, and assets of $25K (revenue +61.3% year-over-year).
- 2022: Revenue of $3K, expenses of $2K, and assets of $24K (revenue -56.8% year-over-year).
- 2021: Revenue of $6K, expenses of $4K, and assets of $23K (revenue +103.7% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $21K (revenue -73.8% year-over-year).
- 2019: Revenue of $12K, expenses of $10K, and assets of $21K (revenue +280.5% year-over-year).
- 2018: Revenue of $3K, expenses of $5K, and assets of $19K (revenue -57.2% year-over-year).
- 2017: Revenue of $7K, expenses of $6K, and assets of $22K (revenue -41.4% year-over-year).
- 2016: Revenue of $12K, expenses of $14K, and assets of $20K (revenue -10.1% year-over-year).
- 2015: Revenue of $14K, expenses of $11K, and assets of $22K (revenue +52.1% year-over-year).
- 2014: Revenue of $9K, expenses of $7K, and assets of $24K (revenue -1.0% year-over-year).
- 2013: Revenue of $9K, expenses of $6K, and assets of $22K (revenue +11.3% year-over-year).
- 2012: Revenue of $8K, expenses of $6K, and assets of $19K (revenue +24.8% year-over-year).
- 2011: Revenue of $6K, expenses of $3K, and assets of $16K (revenue -11.7% year-over-year).
- 2010: Revenue of $7K, expenses of $2K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Pleasant Baptist Educational Development Corporation:
Data Sources and Methodology
This transparency report for Mount Pleasant Baptist Educational Development Corporation 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.