Mp Housing Inc
Mp Housing Inc consistently operates with net losses in recent years, maintaining stable assets and reporting no officer compensation.
EIN: 20520653 · Nashua, NH · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $198K |
| Program Spending | 80% |
| Net Assets | $1.0M |
| Transparency Score | 75/100 |
Is Mp Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mp Housing Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mp Housing Inc
Mp Housing Inc (EIN: 20520653) is a nonprofit organization based in Nashua, NH, classified under NTEE code L20. The organization reported total revenue of $183K and total assets of $959K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mp Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mp Housing Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $198K |
| Surplus / Deficit | $-65,299 |
| Total Assets | $1.0M |
| Total Liabilities | $28K |
| Net Assets | $1.0M |
| Operating Margin | -49.3% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 62.4 months |
Financial Health Grade: B
In 2023, Mp Housing Inc reported a deficit of $65K with expenses exceeding revenue, holds 62.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mp Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | -1.4% | -5.3% |
| 2022 | -30.0% | +20.1% | -8.6% |
| 2021 | +24.0% | -19.3% | +2.6% |
| 2020 | +20.2% | +57.3% | +0.2% |
| 2019 | -20.0% | +12.3% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Mp Housing Inc with a Mission Score of 75 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, Mp Housing Inc 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 $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Mp Housing Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer or compensated through non-officer roles, which is a strong positive for resource allocation.
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 Mp Housing Inc's IRS 990 filings:
- Consistent net losses in recent fiscal periods (e.g., 202312, 202212), indicating expenses frequently exceed revenue.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Mp Housing Inc:
- Consistent reporting of 0% officer compensation across all available filings, indicating efficient use of funds for mission.
- Stable asset base (around $1 million) over many years, suggesting financial stability despite operational deficits.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Mp Housing Inc
Is Mp Housing Inc a legitimate charity?
Mp Housing Inc (EIN: 20520653) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $183K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mp Housing Inc spend its money?
Mp Housing Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mp Housing Inc tax-deductible?
Mp Housing Inc is registered as a tax-exempt nonprofit (EIN: 20520653). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mp Housing Inc's spending goes to programs?
Mp Housing Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mp Housing Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mp Housing Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mp Housing Inc located?
Mp Housing Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20520653. It is classified under NTEE code L20.
How many years of IRS 990 filings does Mp Housing Inc have?
Mp Housing Inc 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 $183K in total revenue.
Is Mp Housing Inc financially sustainable given its recurring net losses?
Mp Housing Inc has reported expenses exceeding revenue in several recent periods (e.g., 202312: -$65,299; 202212: -$61,084). While it maintains a stable asset base, this trend suggests a reliance on reserves or other funding not captured as annual revenue, which warrants further investigation into its long-term financial strategy.
How does Mp Housing Inc cover its operational deficits?
The provided data does not specify how Mp Housing Inc covers its deficits. Potential sources could include drawing down on accumulated reserves, receiving restricted grants not fully recognized as revenue in the reported periods, or other non-operating income. A review of the full IRS Form 990 would provide more clarity on this.
What is the breakdown of Mp Housing Inc's expenses?
The provided data only gives total expenses. Without a detailed breakdown into program, administrative, and fundraising costs from the full IRS Form 990, it's difficult to precisely assess spending efficiency. However, based on the NTEE code and lack of officer compensation, a significant portion is likely directed towards programs.
Filing History
IRS 990 filing history for Mp Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mp Housing Inc's revenue has grown by 42.7%, moving from $93K to $133K. Total assets decreased by 35.5% over the same period, from $1.6M to $1.0M. Total functional expenses rose by 60.5%, from $123K to $198K. In its most recent filing year (2023), Mp Housing Inc reported a deficit of $65K, with expenses exceeding revenue. The organization holds $28K in liabilities against $1.0M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $198K | $1.0M | $28K | — | — |
| 2022 | $140K | $201K | $1.1M | $20K | — | View 990 |
| 2021 | $199K | $167K | $1.2M | $61K | — | View 990 |
| 2020 | $161K | $207K | $1.2M | $64K | — | — |
| 2019 | $134K | $132K | $1.2M | $16K | — | View 990 |
| 2018 | $167K | $117K | $1.2M | $21K | — | View 990 |
| 2017 | $91K | $128K | $1.1M | $8K | — | View 990 |
| 2016 | $95K | $294K | $1.1M | $15K | — | View 990 |
| 2015 | $89K | $196K | $1.3M | $8K | — | View 990 |
| 2014 | $87K | $108K | $1.4M | $11K | — | View 990 |
| 2013 | $80K | $114K | $1.5M | $36K | — | View 990 |
| 2012 | $86K | $124K | $1.5M | $52K | — | View 990 |
| 2011 | $93K | $123K | $1.6M | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $198K, and assets of $1.0M (revenue -5.0% year-over-year).
- 2022: Revenue of $140K, expenses of $201K, and assets of $1.1M (revenue -30.0% year-over-year).
- 2021: Revenue of $199K, expenses of $167K, and assets of $1.2M (revenue +24.0% year-over-year).
- 2020: Revenue of $161K, expenses of $207K, and assets of $1.2M (revenue +20.2% year-over-year).
- 2019: Revenue of $134K, expenses of $132K, and assets of $1.2M (revenue -20.0% year-over-year).
- 2018: Revenue of $167K, expenses of $117K, and assets of $1.2M (revenue +83.8% year-over-year).
- 2017: Revenue of $91K, expenses of $128K, and assets of $1.1M (revenue -4.4% year-over-year).
- 2016: Revenue of $95K, expenses of $294K, and assets of $1.1M (revenue +7.0% year-over-year).
- 2015: Revenue of $89K, expenses of $196K, and assets of $1.3M (revenue +1.7% year-over-year).
- 2014: Revenue of $87K, expenses of $108K, and assets of $1.4M (revenue +8.6% year-over-year).
- 2013: Revenue of $80K, expenses of $114K, and assets of $1.5M (revenue -6.4% year-over-year).
- 2012: Revenue of $86K, expenses of $124K, and assets of $1.5M (revenue -7.5% year-over-year).
- 2011: Revenue of $93K, expenses of $123K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mp Housing Inc:
Data Sources and Methodology
This transparency report for Mp Housing Inc 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.