Multiple Sclerosis Association Of America Inc

Is Multiple Sclerosis Association Of America Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Multiple Sclerosis Association Of America Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Multiple Sclerosis Association Of America Inc

Multiple Sclerosis Association Of America Inc (EIN: 221912812) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code G500. The organization reported total revenue of $20.8M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Multiple Sclerosis Association Of America 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 Multiple Sclerosis Association Of America Inc with a Mission Score of 85 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: 15%
• programs: 75%
• fundraising: 10%

According to IRS 990 filings, Multiple Sclerosis Association Of America 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 details are not provided in the given data, preventing a specific assessment.

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 Multiple Sclerosis Association Of America Inc's IRS 990 filings:

• Declining revenue trend from $9,099,130 in 2021 to $7,848,891 in 2024, which could impact future program delivery if not addressed.

Strengths

The following positive indicators were identified for Multiple Sclerosis Association Of America Inc:

• Strong program spending, consistently allocating a high percentage of expenses to direct services for those with MS.
• Healthy asset base, with $7,772,877 in assets as of the latest filing, providing financial stability.

Frequently Asked Questions about Multiple Sclerosis Association Of America Inc

Filing History

IRS 990 filing history for Multiple Sclerosis Association Of America Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Multiple Sclerosis Association Of America Inc's revenue has declined by 4.6%, moving from $8.2M to $7.8M. Total assets increased by 24.5% over the same period, from $6.0M to $7.4M. Total functional expenses rose by 4.7%, from $7.9M to $8.2M. In its most recent filing year (2024), Multiple Sclerosis Association Of America Inc reported a deficit of $386K, with expenses exceeding revenue. The organization holds $628K in liabilities against $7.4M in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $6.8M.

Year-by-Year Financial Summary

• 2024: Revenue of $7.8M, expenses of $8.2M, and assets of $7.4M (revenue -5.0% year-over-year).
• 2023: Revenue of $8.3M, expenses of $8.4M, and assets of $8.3M (revenue -6.3% year-over-year).
• 2022: Revenue of $8.8M, expenses of $8.3M, and assets of $8.0M (revenue -3.1% year-over-year).
• 2021: Revenue of $9.1M, expenses of $8.1M, and assets of $7.9M (revenue +15.6% year-over-year).
• 2020: Revenue of $7.9M, expenses of $8.1M, and assets of $7.3M (revenue -12.2% year-over-year).
• 2019: Revenue of $9.0M, expenses of $8.6M, and assets of $6.8M (revenue +0.9% year-over-year).
• 2018: Revenue of $8.9M, expenses of $8.7M, and assets of $6.9M (revenue +1.4% year-over-year).
• 2017: Revenue of $8.8M, expenses of $8.2M, and assets of $6.6M (revenue +26.8% year-over-year).
• 2016: Revenue of $6.9M, expenses of $9.4M, and assets of $6.4M (revenue -37.7% year-over-year).
• 2015: Revenue of $11.1M, expenses of $9.7M, and assets of $7.6M (revenue +15.1% year-over-year).
• 2014: Revenue of $9.6M, expenses of $9.4M, and assets of $6.4M (revenue -31.6% year-over-year).
• 2013: Revenue of $14.1M, expenses of $13.4M, and assets of $6.4M (revenue +55.8% year-over-year).
• 2012: Revenue of $9.0M, expenses of $8.9M, and assets of $6.3M (revenue +9.8% year-over-year).
• 2011: Revenue of $8.2M, expenses of $7.9M, and assets of $6.0M.

Data Sources and Methodology

This transparency report for Multiple Sclerosis Association Of America 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.