Mrhm Inc
Mrhm Inc consistently grows assets with zero reported officer compensation over a decade.
EIN: 134077880 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $33 |
| Net Assets | $33.8M |
| Transparency Score | 92/100 |
Is Mrhm Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mrhm Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mrhm Inc
Mrhm Inc (EIN: 134077880) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $1.0M and total assets of $35.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mrhm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mrhm Inc is a mid-size nonprofit that has been operating for 26 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$555K |
| Total Assets | $33.9M |
| Total Liabilities | $39K |
| Net Assets | $33.8M |
| Operating Margin | 20.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 194.0 months |
Financial Health Grade: A
In 2023, Mrhm Inc reported a surplus of $555K with revenue exceeding expenses, holds 194.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Mrhm Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.5% | -0.9% | +1.7% |
| 2022 | -13.4% | -11.6% | -0.3% |
| 2021 | +58.6% | +107.8% | -0.1% |
| 2020 | -61.2% | -37.8% | +1.6% |
| 2020 | +52.6% | -10.2% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Mrhm Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mrhm Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $555K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Mrhm Inc consistently reports 0% officer compensation across all 11 available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets exceeding $33 million and annual revenues in the millions.
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 Mrhm Inc's IRS 990 filings:
- Consistent zero officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
- Fluctuation in liabilities from $0 to nearly $39,000 without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Mrhm Inc:
- Consistent asset growth from $24.1 million in 2012 to $33.8 million in 2023, indicating strong financial management.
- Positive net income in most years, such as $554,556 in 2023, demonstrating financial sustainability.
- Zero reported officer compensation across all filings, suggesting high efficiency in directing funds to mission.
- Strong financial reserves with assets significantly outweighing liabilities.
Frequently Asked Questions about Mrhm Inc
Is Mrhm Inc a legitimate charity?
Mrhm Inc (EIN: 134077880) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Mrhm Inc spend its money?
Mrhm Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Mrhm Inc tax-deductible?
Mrhm Inc is registered as a tax-exempt nonprofit (EIN: 134077880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mrhm Inc CEO make?
Mrhm Inc's highest-compensated officer earns $33 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mrhm Inc's spending goes to programs?
Mrhm Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mrhm Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mrhm Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mrhm Inc located?
Mrhm Inc is headquartered in New York, New York and files with the IRS under EIN 134077880. It is classified under NTEE code T20.
How many years of IRS 990 filings does Mrhm Inc have?
Mrhm Inc has 11 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 $1.0M in total revenue.
How does Mrhm Inc manage to operate with zero reported officer compensation?
The consistent reporting of zero officer compensation across all filings suggests that leadership may be entirely volunteer-based, compensated through an affiliated entity, or that the organization's structure does not involve paid officers in the traditional sense. This is a significant factor in its financial efficiency.
What is the nature of Mrhm Inc's liabilities, which increased from $0 to nearly $39,000?
While the liabilities of $38,797 in 2022 and 2023 are small relative to the organization's $33 million in assets, understanding their nature (e.g., accounts payable, grants payable) would provide more insight into short-term financial obligations.
Given its NTEE code T20, how does Mrhm Inc allocate its program spending?
As a grantmaking foundation, program spending would primarily consist of grants to other organizations. A detailed breakdown of grant recipients and amounts would clarify its impact and alignment with its mission.
Filing History
IRS 990 filing history for Mrhm Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Mrhm Inc's revenue has grown by 51.1%, moving from $1.8M to $2.7M. Total assets increased by 46.1% over the same period, from $23.2M to $33.9M. Total functional expenses rose by 42.7%, from $1.5M to $2.1M. In its most recent filing year (2023), Mrhm Inc reported a surplus of $555K, with revenue exceeding expenses. The organization holds $39K in liabilities against $33.9M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $33.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.1M | $33.9M | $39K | — | View 990 |
| 2022 | $2.0M | $2.1M | $33.3M | $39K | — | View 990 |
| 2021 | $2.3M | $2.4M | $33.4M | $44K | — | View 990 |
| 2020 | $1.5M | $1.2M | $33.5M | $15K | — | View 990 |
| 2020 | $3.8M | $1.9M | $32.9M | $15K | — | View 990 |
| 2019 | $2.5M | $2.1M | $31.1M | $15K | — | View 990 |
| 2015 | $3.3M | $1.9M | $27.3M | $0 | — | View 990 |
| 2014 | $2.8M | $1.7M | $26.2M | $0 | — | View 990 |
| 2013 | $2.4M | $1.6M | $25.3M | $0 | — | View 990 |
| 2012 | $2.7M | $1.6M | $24.1M | $0 | — | View 990 |
| 2011 | $1.8M | $1.5M | $23.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.1M, and assets of $33.9M (revenue +31.5% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.1M, and assets of $33.3M (revenue -13.4% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.4M, and assets of $33.4M (revenue +58.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.2M, and assets of $33.5M (revenue -61.2% year-over-year).
- 2020: Revenue of $3.8M, expenses of $1.9M, and assets of $32.9M (revenue +52.6% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.1M, and assets of $31.1M (revenue -24.9% year-over-year).
- 2015: Revenue of $3.3M, expenses of $1.9M, and assets of $27.3M (revenue +19.5% year-over-year).
- 2014: Revenue of $2.8M, expenses of $1.7M, and assets of $26.2M (revenue +16.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $1.6M, and assets of $25.3M (revenue -13.6% year-over-year).
- 2012: Revenue of $2.7M, expenses of $1.6M, and assets of $24.1M (revenue +56.6% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.5M, and assets of $23.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mrhm Inc:
Data Sources and Methodology
This transparency report for Mrhm 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.