Multifamily Impact Council
EIN: 880844004 · Sioux Falls, SD · NTEE: L03
Is Multifamily Impact Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Multifamily Impact Council
Multifamily Impact Council (EIN: 880844004) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code L03. The organization reported total revenue of $794K and total assets of $291K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Multifamily Impact Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Multifamily Impact Council 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 Multifamily Impact Council 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.
Frequently Asked Questions about Multifamily Impact Council
Is Multifamily Impact Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Multifamily Impact Council (EIN: 880844004) insufficient data. 0 red flags identified, 0 strengths noted.
How does Multifamily Impact Council spend its money?
Detailed spending breakdown data is not yet available for Multifamily Impact Council. Check back for updated IRS 990 analysis.
Are donations to Multifamily Impact Council tax-deductible?
Multifamily Impact Council is registered as a tax-exempt nonprofit (EIN: 880844004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Multifamily Impact Council showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Multifamily Impact Council's revenue has grown by 155.3%, moving from $232K to $592K. Total assets decreased by 44.1% over the same period, from $840K to $469K. Total functional expenses rose by 74.3%, from $296K to $515K. In its most recent filing year (2023), Multifamily Impact Council reported a surplus of $77K, with revenue exceeding expenses. The organization holds $456K in liabilities against $469K in assets (debt-to-asset ratio: 97.1%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $592K | $515K | $469K | $456K | — | View 990 |
| 2022 | $232K | $296K | $840K | $903K | — | View 990 |
Data Sources and Methodology
This transparency report for Multifamily Impact Council 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.