Mpg Foundation Inc
Mpg Foundation Inc maintains substantial assets and reports zero officer compensation, with fluctuating revenue and expenses.
EIN: 133854658 · Vail, CO · NTEE: T20J · Updated: 2026-03-28
Is Mpg Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mpg Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mpg Foundation Inc
Mpg Foundation Inc (EIN: 133854658) is a nonprofit organization based in Vail, CO, classified under NTEE code T20J. The organization reported total revenue of $493K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mpg Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mpg Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Mpg Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Mpg Foundation Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable 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 Mpg Foundation Inc's IRS 990 filings:
- Significant fluctuation in annual expenses, from $730,872 in 2022 to $86,803 in 2023, warrants further investigation into the nature of these expenditures and operational changes.
Strengths
The following positive indicators were identified for Mpg Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating strong commitment to mission-focused spending.
- Substantial and stable asset base, consistently above $4 million, providing long-term financial security.
- Significant reduction in expenses in the latest filing (2023) compared to previous years, suggesting improved cost control or strategic operational shifts.
- Generally low liabilities, with most years reporting $1 or $0, indicating a healthy balance sheet.
Frequently Asked Questions about Mpg Foundation Inc
Is Mpg Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mpg Foundation Inc (EIN: 133854658) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mpg Foundation Inc spend its money?
Mpg Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mpg Foundation Inc tax-deductible?
Mpg Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133854658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mpg Foundation Inc financially stable?
Yes, Mpg Foundation Inc appears financially stable, consistently holding assets above $4 million and reporting significantly lower expenses than revenue in the latest filing ($86,803 expenses vs. $422,133 revenue in 2023).
How does Mpg Foundation Inc manage executive compensation?
Mpg Foundation Inc reports 0% officer compensation in all available filings, suggesting a volunteer-led model or that executive roles are not compensated, which is a strong indicator of efficient resource use.
What is the trend in Mpg Foundation Inc's revenue?
Mpg Foundation Inc's revenue has fluctuated, ranging from $143,221 in 2011 to $528,453 in 2021, with the latest reported revenue at $422,133 in 2023.
What is the trend in Mpg Foundation Inc's expenses?
Expenses have varied significantly, from a low of $53,592 in 2012 to a high of $730,872 in 2022, before dropping sharply to $86,803 in 2023.
Filing History
IRS 990 filing history for Mpg Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mpg Foundation Inc's revenue has grown by 194.7%, moving from $143K to $422K. Total assets decreased by 0.2% over the same period, from $4.2M to $4.2M. Total functional expenses rose by 31.7%, from $66K to $87K. In its most recent filing year (2023), Mpg Foundation Inc reported a surplus of $335K, with revenue exceeding expenses. The organization holds $2K in liabilities against $4.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $422K | $87K | $4.2M | $2K | — | — |
| 2022 | $220K | $731K | $4.6M | $730K | — | View 990 |
| 2021 | $528K | $596K | $4.4M | $1 | — | View 990 |
| 2020 | $275K | $311K | $4.4M | $1 | — | View 990 |
| 2019 | $239K | $292K | $5.6M | $1 | — | View 990 |
| 2015 | $283K | $342K | $5.1M | $1 | — | View 990 |
| 2014 | $299K | $77K | $5.6M | $1 | — | — |
| 2013 | $231K | $65K | $5.2M | $1 | — | View 990 |
| 2012 | $229K | $54K | $4.7M | $0 | — | View 990 |
| 2011 | $143K | $66K | $4.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $422K, expenses of $87K, and assets of $4.2M (revenue +91.7% year-over-year).
- 2022: Revenue of $220K, expenses of $731K, and assets of $4.6M (revenue -58.3% year-over-year).
- 2021: Revenue of $528K, expenses of $596K, and assets of $4.4M (revenue +92.0% year-over-year).
- 2020: Revenue of $275K, expenses of $311K, and assets of $4.4M (revenue +15.1% year-over-year).
- 2019: Revenue of $239K, expenses of $292K, and assets of $5.6M (revenue -15.4% year-over-year).
- 2015: Revenue of $283K, expenses of $342K, and assets of $5.1M (revenue -5.6% year-over-year).
- 2014: Revenue of $299K, expenses of $77K, and assets of $5.6M (revenue +29.5% year-over-year).
- 2013: Revenue of $231K, expenses of $65K, and assets of $5.2M (revenue +0.9% year-over-year).
- 2012: Revenue of $229K, expenses of $54K, and assets of $4.7M (revenue +59.9% year-over-year).
- 2011: Revenue of $143K, expenses of $66K, and assets of $4.2M.
Data Sources and Methodology
This transparency report for Mpg Foundation 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.