Mtg Research Inc
EIN: 834267873 · Washington, DC · NTEE: R05
| Metric | Value |
|---|---|
| Total Revenue | $726K |
| Total Expenses | $399K |
| Net Assets | $392K |
Is Mtg Research Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mtg Research Inc
Mtg Research Inc (EIN: 834267873) is a nonprofit organization based in Washington, DC, classified under NTEE code R05. The organization reported total revenue of $726K and total assets of $630K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mtg Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mtg Research Inc is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $530K |
| Total Expenses | $399K |
| Surplus / Deficit | +$131K |
| Total Assets | $607K |
| Total Liabilities | $215K |
| Net Assets | $392K |
| Operating Margin | 24.7% |
| Debt-to-Asset Ratio | 35.4% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2022, Mtg Research Inc reported a surplus of $131K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 35.4% (moderate leverage).
Financial Trends
Over 4 years of filings (2019–2022), Mtg Research Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -20.9% | -16.5% | +67.0% |
| 2020 | -100.0% | -56.6% | -22.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mtg Research 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 Mtg Research 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $131K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.4%.
Frequently Asked Questions about Mtg Research Inc
Is Mtg Research Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mtg Research Inc (EIN: 834267873) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mtg Research Inc spend its money?
Detailed spending breakdown data is not yet available for Mtg Research Inc. Check back for updated IRS 990 analysis.
Are donations to Mtg Research Inc tax-deductible?
Mtg Research Inc is registered as a tax-exempt nonprofit (EIN: 834267873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mtg Research Inc located?
Mtg Research Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 834267873. It is classified under NTEE code R05.
How many years of IRS 990 filings does Mtg Research Inc have?
Mtg Research Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $726K in total revenue.
Filing History
IRS 990 filing history for Mtg Research Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Mtg Research Inc's revenue has grown by 3.1%, moving from $514K to $530K. Total assets increased by 198% over the same period, from $204K to $607K. Total functional expenses rose by 28.6%, from $310K to $399K. In its most recent filing year (2022), Mtg Research Inc reported a surplus of $131K, with revenue exceeding expenses. The organization holds $215K in liabilities against $607K in assets (debt-to-asset ratio: 35.4%), resulting in net assets of $392K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $530K | $399K | $607K | $215K | — | — |
| 2021 | $670K | $478K | $364K | $103K | — | View 990 |
| 2020 | $0 | $135K | $157K | $88K | — | View 990 |
| 2019 | $514K | $310K | $204K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $530K, expenses of $399K, and assets of $607K (revenue -20.9% year-over-year).
- 2021: Revenue of $670K, expenses of $478K, and assets of $364K.
- 2020: Revenue of $0, expenses of $135K, and assets of $157K (revenue -100.0% year-over-year).
- 2019: Revenue of $514K, expenses of $310K, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mtg Research Inc:
Data Sources and Methodology
This transparency report for Mtg Research 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.