Mtc Mb Corp
Mtc Mb Corp: Minimal Activity and Unclear Mission
EIN: 222906959 · Newark, DE · Updated: 2026-04-04
Is Mtc Mb Corp Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mtc Mb Corp
Mtc Mb Corp (EIN: 222906959) is a nonprofit organization based in Newark, DE. The organization reported total revenue of $0 and total assets of $300K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mtc Mb Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mtc Mb Corp is a micro nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -100.0% | -100.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Mtc Mb Corp with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Mtc Mb Corp allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation cannot be assessed as $0 is reported for all expenses across multiple years, suggesting no paid executives or a lack of detailed financial reporting.
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 Mtc Mb Corp's IRS 990 filings:
- Consistent reporting of $0 revenue and expenses across multiple years (e.g., 2018, 2020, 2022, 2023) raises questions about the organization's operational status and purpose.
- Lack of clear mission statement or description of activities makes it impossible to evaluate programmatic impact.
- The organization holds $300,000 in assets despite reporting no operational activity or revenue in recent years, which is unusual.
- No reported program spending, administrative costs, or fundraising expenses, indicating a dormant or non-operational entity.
- The organization's legal status as a nonprofit is questionable given the absence of any reported charitable activities.
Strengths
The following positive indicators were identified for Mtc Mb Corp:
- The organization has maintained a consistent asset base of $300,000 in recent years, indicating some financial stability, albeit without apparent activity.
Frequently Asked Questions about Mtc Mb Corp
Is Mtc Mb Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Mtc Mb Corp (EIN: 222906959) significant concerns. Mission Score: 10/100. 5 red flags identified, 1 strength noted.
How does Mtc Mb Corp spend its money?
Detailed spending breakdown data is not yet available for Mtc Mb Corp. Check back for updated IRS 990 analysis.
Are donations to Mtc Mb Corp tax-deductible?
Mtc Mb Corp is registered as a tax-exempt nonprofit (EIN: 222906959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Mtc Mb Corp do?
Mtc Mb Corp is a nonprofit organization in the Unknown sector, located in Newark, Delaware. It is classified under NTEE code Unknown.
How much revenue does Mtc Mb Corp have?
Mtc Mb Corp reported total revenue of N/A. Based on 13 IRS 990 filings on record.
What are Mtc Mb Corp's total assets?
Mtc Mb Corp holds total assets of $300,000 as reported in IRS 990 filings.
Where is Mtc Mb Corp located?
Mtc Mb Corp is based in Newark, Delaware.
What is Mtc Mb Corp's EIN?
Mtc Mb Corp's Employer Identification Number (EIN) is 222906959. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mtc Mb Corp?
Mtc Mb Corp is classified under NTEE code Unknown (Unknown).
Is Mtc Mb Corp a registered 501(c)(3)?
Mtc Mb Corp appears in IRS records (EIN: 222906959). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Mtc Mb Corp file IRS Form 990?
Yes, Mtc Mb Corp has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Mtc Mb Corp's revenue in 2023?
In the 202312 filing period, Mtc Mb Corp reported total revenue of N/A, total expenses of N/A, and net assets of $300,000.
Is Mtc Mb Corp's revenue growing or declining?
Mtc Mb Corp's revenue is relatively stable. Revenue went from N/A (202212) to N/A (202312), a 0.0% change. Based on 13 filings on record.
What is Mtc Mb Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Mtc Mb Corp covers tax period 202312. It shows revenue of N/A, expenses of N/A, total assets of $300,000, and liabilities of N/A.
Is Mtc Mb Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Mtc Mb Corp has notable concerns. Mission Score: 10/100 (Very Poor). 5 red flags identified. 1 strength noted.
What are the red flags for Mtc Mb Corp?
The following concerns were identified: Consistent reporting of $0 revenue and expenses across multiple years (e.g., 2018, 2020, 2022, 2023) raises questions about the organization's operational status and purpose.. Lack of clear mission statement or description of activities makes it impossible to evaluate programmatic impact.. The organization holds $300,000 in assets despite reporting no operational activity or revenue in recent years, which is unusual.. No reported program spending, administrative costs, or fundraising expenses, indicating a dormant or non-operational entity.. The organization's legal status as a nonprofit is questionable given the absence of any reported charitable activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mtc Mb Corp's strengths?
Positive indicators for Mtc Mb Corp include: The organization has maintained a consistent asset base of $300,000 in recent years, indicating some financial stability, albeit without apparent activity.. These findings are derived from AI analysis of the organization's financial filings.
How does Mtc Mb Corp compensate executives?
Executive compensation cannot be assessed as $0 is reported for all expenses across multiple years, suggesting no paid executives or a lack of detailed financial reporting. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 revenue and expenses for most years, what is the actual operational status and purpose of Mtc Mb Corp?
The financial data suggests Mtc Mb Corp is largely dormant or non-operational, as it consistently reports no revenue or expenses, making its current purpose unclear.
How does Mtc Mb Corp maintain $300,000 in assets without any reported income or expenditures in recent years?
The consistent asset base of $300,000 without corresponding revenue or expenses implies these assets may be held passively, possibly from prior activities or endowments, without current operational use.
Filing History
IRS 990 filing history for Mtc Mb Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mtc Mb Corp's revenue has declined by 100%, moving from $1.2M to $0. Total assets decreased by 85.5% over the same period, from $2.1M to $300K. Total functional expenses fell by 100%, from $1.2M to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $300K | $0 | — | — |
| 2022 | $0 | $0 | $300K | $0 | — | View 990 |
| 2021 | $0 | $0 | $300K | $0 | — | — |
| 2020 | $0 | $0 | $661K | $0 | — | — |
| 2019 | $195K | $195K | $661K | $0 | — | View 990 |
| 2018 | $0 | $0 | $661K | $0 | — | View 990 |
| 2017 | $293K | $293K | $661K | $0 | — | View 990 |
| 2016 | $260K | $260K | $661K | $0 | — | View 990 |
| 2015 | $271K | $396K | $661K | $0 | — | View 990 |
| 2014 | $184K | $796K | $786K | $0 | — | View 990 |
| 2013 | $169K | $169K | $1.4M | $0 | — | View 990 |
| 2012 | $171K | $171K | $1.8M | $0 | — | View 990 |
| 2011 | $1.2M | $1.2M | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $300K.
- 2022: Revenue of $0, expenses of $0, and assets of $300K.
- 2021: Revenue of $0, expenses of $0, and assets of $300K.
- 2020: Revenue of $0, expenses of $0, and assets of $661K (revenue -100.0% year-over-year).
- 2019: Revenue of $195K, expenses of $195K, and assets of $661K.
- 2018: Revenue of $0, expenses of $0, and assets of $661K (revenue -100.0% year-over-year).
- 2017: Revenue of $293K, expenses of $293K, and assets of $661K (revenue +12.5% year-over-year).
- 2016: Revenue of $260K, expenses of $260K, and assets of $661K (revenue -3.9% year-over-year).
- 2015: Revenue of $271K, expenses of $396K, and assets of $661K (revenue +46.8% year-over-year).
- 2014: Revenue of $184K, expenses of $796K, and assets of $786K (revenue +8.9% year-over-year).
- 2013: Revenue of $169K, expenses of $169K, and assets of $1.4M (revenue -0.9% year-over-year).
- 2012: Revenue of $171K, expenses of $171K, and assets of $1.8M (revenue -85.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mtc Mb Corp:
Data Sources and Methodology
This transparency report for Mtc Mb Corp 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.