Mpm Foundation Inc
EIN: 582234555 · Atlanta, GA
| Metric | Value |
|---|---|
| Total Expenses | $625K |
| Net Assets | $9.1M |
Is Mpm Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mpm Foundation Inc
Mpm Foundation Inc (EIN: 582234555) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mpm Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mpm Foundation Inc is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 33.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $625K |
| Surplus / Deficit | $-587,952 |
| Total Assets | $9.1M |
| Net Assets | $9.1M |
| Operating Margin | -1579.0% |
| Months of Reserves | 175.4 months |
Financial Health Grade: B
In 2015, Mpm Foundation Inc reported a deficit of $588K with expenses exceeding revenue, holds 175.4 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Mpm Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -99.0% | +2.0% | -1.2% |
| 2014 | -18.8% | +1285.5% | +68.9% |
| 2013 | +11269.6% | +12.8% | +700.9% |
| 2012 | +254.6% | -7.4% | +0.4% |
AI Analysis Pending
AI enrichment for Mpm Foundation Inc 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 Mpm Foundation Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $588K, with expenses exceeding revenue.
Frequently Asked Questions about Mpm Foundation Inc
Is Mpm Foundation Inc a legitimate charity?
Mpm Foundation Inc (EIN: 582234555) is a registered tax-exempt nonprofit based in Georgia. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Mpm Foundation Inc spend its money?
Mpm Foundation Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mpm Foundation Inc tax-deductible?
Mpm Foundation Inc is registered as a tax-exempt nonprofit (EIN: 582234555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mpm Foundation Inc located?
Mpm Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 582234555.
How many years of IRS 990 filings does Mpm Foundation Inc have?
Mpm Foundation Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Mpm Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Mpm Foundation Inc's revenue has grown by 212.7%, moving from $12K to $37K. Total assets increased by 1242.9% over the same period, from $680K to $9.1M. Total functional expenses rose by 1376.7%, from $42K to $625K. In its most recent filing year (2015), Mpm Foundation Inc reported a deficit of $588K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $37K | $625K | $9.1M | $0 | — | View 990 |
| 2014 | $3.9M | $613K | $9.2M | $0 | — | View 990 |
| 2013 | $4.8M | $44K | $5.5M | $0 | — | View 990 |
| 2012 | $42K | $39K | $683K | $0 | — | View 990 |
| 2011 | $12K | $42K | $680K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $37K, expenses of $625K, and assets of $9.1M (revenue -99.0% year-over-year).
- 2014: Revenue of $3.9M, expenses of $613K, and assets of $9.2M (revenue -18.8% year-over-year).
- 2013: Revenue of $4.8M, expenses of $44K, and assets of $5.5M (revenue +11269.6% year-over-year).
- 2012: Revenue of $42K, expenses of $39K, and assets of $683K (revenue +254.6% year-over-year).
- 2011: Revenue of $12K, expenses of $42K, and assets of $680K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mpm Foundation Inc:
Data Sources and Methodology
This transparency report for Mpm 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.