Mutual Aid Twin Cities Housing Cooperative
EIN: 824467696 · Minneapolis, MN · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $45K |
| Net Assets | $271K |
Is Mutual Aid Twin Cities Housing Cooperative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mutual Aid Twin Cities Housing Cooperative
Mutual Aid Twin Cities Housing Cooperative (EIN: 824467696) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code L21. The organization reported total revenue of $259K and total assets of $679K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mutual Aid Twin Cities Housing Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mutual Aid Twin Cities Housing Cooperative is a small nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of 76.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $45K |
| Surplus / Deficit | +$214K |
| Total Assets | $679K |
| Total Liabilities | $408K |
| Net Assets | $271K |
| Operating Margin | 82.6% |
| Debt-to-Asset Ratio | 60.1% |
| Months of Reserves | 181.2 months |
Financial Health Grade: A
In 2021, Mutual Aid Twin Cities Housing Cooperative reported a surplus of $214K with revenue exceeding expenses, holds 181.2 months of operating reserves (strong position), has a debt-to-asset ratio of 60.1% (high leverage).
Financial Trends
Over 3 years of filings (2019–2021), Mutual Aid Twin Cities Housing Cooperative's revenue has grown at a compound annual growth rate (CAGR) of 76.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +619.8% | +16.5% | +108.9% |
| 2020 | -56.6% | -34.3% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mutual Aid Twin Cities Housing Cooperative 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 Mutual Aid Twin Cities Housing Cooperative 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $214K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.1%.
Frequently Asked Questions about Mutual Aid Twin Cities Housing Cooperative
Is Mutual Aid Twin Cities Housing Cooperative a legitimate charity?
Mutual Aid Twin Cities Housing Cooperative (EIN: 824467696) is a registered tax-exempt nonprofit based in Minnesota. It has 3 years of IRS 990 filings on record. Total revenue: $259K. No red flags identified. Financial health grade: A.
How does Mutual Aid Twin Cities Housing Cooperative spend its money?
Mutual Aid Twin Cities Housing Cooperative reported $259K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mutual Aid Twin Cities Housing Cooperative tax-deductible?
Mutual Aid Twin Cities Housing Cooperative is registered as a tax-exempt nonprofit (EIN: 824467696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mutual Aid Twin Cities Housing Cooperative located?
Mutual Aid Twin Cities Housing Cooperative is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 824467696. It is classified under NTEE code L21.
How many years of IRS 990 filings does Mutual Aid Twin Cities Housing Cooperative have?
Mutual Aid Twin Cities Housing Cooperative has 3 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 $259K in total revenue.
Filing History
IRS 990 filing history for Mutual Aid Twin Cities Housing Cooperative showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Mutual Aid Twin Cities Housing Cooperative's revenue has grown by 212.1%, moving from $83K to $259K. Total assets increased by 107.2% over the same period, from $328K to $679K. Total functional expenses fell by 23.5%, from $59K to $45K. In its most recent filing year (2021), Mutual Aid Twin Cities Housing Cooperative reported a surplus of $214K, with revenue exceeding expenses. The organization holds $408K in liabilities against $679K in assets (debt-to-asset ratio: 60.1%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $259K | $45K | $679K | $408K | — | — |
| 2020 | $36K | $39K | $325K | $270K | — | — |
| 2019 | $83K | $59K | $328K | $270K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $259K, expenses of $45K, and assets of $679K (revenue +619.8% year-over-year).
- 2020: Revenue of $36K, expenses of $39K, and assets of $325K (revenue -56.6% year-over-year).
- 2019: Revenue of $83K, expenses of $59K, and assets of $328K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mutual Aid Twin Cities Housing Cooperative:
Data Sources and Methodology
This transparency report for Mutual Aid Twin Cities Housing Cooperative 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.