Mpower Approach Inc
Mpower Approach Inc faces recurring deficits and declining assets despite consistent 990 filings.
EIN: 205349796 · Crestwood, KY · NTEE: E197 · Updated: 2026-03-28
Is Mpower Approach Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mpower Approach Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mpower Approach Inc
Mpower Approach Inc (EIN: 205349796) is a nonprofit organization based in Crestwood, KY, classified under NTEE code E197. The organization reported total revenue of $331K and total assets of $185K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mpower Approach 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 Mpower Approach Inc 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: 75%
- fundraising: 10%
According to IRS 990 filings, Mpower Approach Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size with latest revenue of $330,569.
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 Mpower Approach Inc's IRS 990 filings:
- Recurring operational deficits (e.g., 202312, 202212, 202012 where expenses exceeded revenue)
- Significant decline in assets over time (from $246,462 in 201412 to $112,078 in 202312)
Strengths
The following positive indicators were identified for Mpower Approach Inc:
- Consistent IRS 990 filing history, indicating transparency
- 0% officer compensation reported across all available filings, suggesting efficient use of funds at the executive level
- Generally low liabilities, indicating good debt management
Frequently Asked Questions about Mpower Approach Inc
Is Mpower Approach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mpower Approach Inc (EIN: 205349796) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Mpower Approach Inc spend its money?
Mpower Approach Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mpower Approach Inc tax-deductible?
Mpower Approach Inc is registered as a tax-exempt nonprofit (EIN: 205349796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mpower Approach Inc financially sustainable given its recurring deficits?
The organization has reported expenses exceeding revenue in several recent periods (e.g., 202312, 202212, 202012), which raises concerns about its long-term financial sustainability if this trend continues without sufficient reserves or new funding sources.
What is the detailed breakdown of Mpower Approach Inc's program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. To fully assess spending efficiency, a deeper analysis of the organization's 990 forms would be needed to see how its total expenses (e.g., $218,818 in 202312) are allocated across these categories.
Why have Mpower Approach Inc's assets declined significantly since 2014?
Assets have decreased from $246,462 in 201412 to $112,078 in 202312. This decline could be due to using reserves to cover operational deficits, investments in programs that are expensed rather than capitalized, or other financial decisions not detailed in the summary data.
Filing History
IRS 990 filing history for Mpower Approach Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mpower Approach Inc's revenue has declined by 16.1%, moving from $205K to $172K. Total assets decreased by 67.5% over the same period, from $345K to $112K. Total functional expenses fell by 12.1%, from $249K to $219K. In its most recent filing year (2023), Mpower Approach Inc reported a deficit of $47K, with expenses exceeding revenue. The organization holds $74 in liabilities against $112K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $112K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $219K | $112K | $74 | — | — |
| 2022 | $91K | $173K | $160K | $2K | — | View 990 |
| 2021 | $196K | $129K | $242K | $873 | — | View 990 |
| 2020 | $86K | $132K | $188K | $14K | — | View 990 |
| 2019 | $216K | $211K | $220K | $90 | — | View 990 |
| 2018 | $243K | $185K | $215K | $85 | — | View 990 |
| 2017 | $106K | $152K | $157K | $597 | — | View 990 |
| 2016 | $240K | $224K | $203K | $637 | — | View 990 |
| 2015 | $172K | $232K | $186K | $2K | — | View 990 |
| 2014 | $214K | $205K | $246K | $406 | — | View 990 |
| 2013 | $163K | $216K | $238K | $428 | — | View 990 |
| 2012 | $275K | $292K | $292K | $2K | — | View 990 |
| 2011 | $205K | $249K | $345K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $219K, and assets of $112K (revenue +88.9% year-over-year).
- 2022: Revenue of $91K, expenses of $173K, and assets of $160K (revenue -53.4% year-over-year).
- 2021: Revenue of $196K, expenses of $129K, and assets of $242K (revenue +127.5% year-over-year).
- 2020: Revenue of $86K, expenses of $132K, and assets of $188K (revenue -60.2% year-over-year).
- 2019: Revenue of $216K, expenses of $211K, and assets of $220K (revenue -11.2% year-over-year).
- 2018: Revenue of $243K, expenses of $185K, and assets of $215K (revenue +128.7% year-over-year).
- 2017: Revenue of $106K, expenses of $152K, and assets of $157K (revenue -55.8% year-over-year).
- 2016: Revenue of $240K, expenses of $224K, and assets of $203K (revenue +40.1% year-over-year).
- 2015: Revenue of $172K, expenses of $232K, and assets of $186K (revenue -19.7% year-over-year).
- 2014: Revenue of $214K, expenses of $205K, and assets of $246K (revenue +31.4% year-over-year).
- 2013: Revenue of $163K, expenses of $216K, and assets of $238K (revenue -40.9% year-over-year).
- 2012: Revenue of $275K, expenses of $292K, and assets of $292K (revenue +33.9% year-over-year).
- 2011: Revenue of $205K, expenses of $249K, and assets of $345K.
Data Sources and Methodology
This transparency report for Mpower Approach 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.