Mvhs Inc
Mvhs Inc experiences substantial asset growth and consistent operational spending, with no reported officer compensation.
EIN: 161576637 · Utica, NY · NTEE: E22 · Updated: 2026-03-28
Is Mvhs Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mvhs Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mvhs Inc
Mvhs Inc (EIN: 161576637) is a nonprofit organization based in Utica, NY, classified under NTEE code E22. The organization reported total revenue of $726.8M and total assets of $951.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mvhs 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 Mvhs 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mvhs Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Mvhs Inc consistently reports 0% for officer compensation across all available filings, indicating either that officers are not compensated or that their compensation is not reported in this specific category, which is unusual for an organization of this size with hundreds of millions in revenue and assets.
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 Mvhs Inc's IRS 990 filings:
- Unusually high asset growth in 2023 without clear explanation in summary data
- Significant increase in liabilities alongside asset growth, warranting scrutiny of debt management
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale and requires further clarification from full filings.
Strengths
The following positive indicators were identified for Mvhs Inc:
- Consistent growth in revenue and assets over the past decade
- Expenses closely track revenue, indicating efficient utilization of funds for operations
- Strong asset base of $973,979,136 in 2023, providing substantial resources for its mission
- No reported officer compensation, suggesting a potential commitment to directing funds towards programs.
Frequently Asked Questions about Mvhs Inc
Is Mvhs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mvhs Inc (EIN: 161576637) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Mvhs Inc spend its money?
Mvhs Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mvhs Inc tax-deductible?
Mvhs Inc is registered as a tax-exempt nonprofit (EIN: 161576637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mvhs Inc a good charity?
Mvhs Inc appears to be a financially stable and growing organization, with a strong focus on program spending given its expenses closely track revenue. The lack of reported officer compensation is a positive sign for resource allocation, though further clarity on executive remuneration practices would enhance transparency. Its substantial asset growth, particularly in recent years, suggests significant investment in its mission-related infrastructure.
What caused the significant increase in assets between 2022 and 2023?
Between 2022 and 2023, Mvhs Inc's assets surged from $312,244,691 to $973,979,136. This substantial increase of over $660 million warrants further investigation into specific capital projects, acquisitions, or changes in investment strategy that led to such a dramatic change.
How does Mvhs Inc manage its liabilities?
Mvhs Inc's liabilities have also grown significantly, from $122,241,078 in 2014 to $509,885,204 in 2023. While assets have grown faster, the substantial increase in liabilities, especially in 2023, suggests the organization may be leveraging debt for its growth or capital investments. The ratio of liabilities to assets in 2023 was approximately 52% ($509,885,204 / $973,979,136).
What is the nature of the '0% Officer Comp' reported?
The consistent reporting of '0% Officer Comp' across all filings is unusual for an organization with annual revenues exceeding hundreds of millions. It could indicate that compensation for key executives is reported under different categories (e.g., salaries and wages for all employees) or that the organization truly has no compensated officers, which would be highly atypical for its scale. Further detail from the full 990 forms would be needed to clarify this.
Is the organization financially sustainable given its expense-to-revenue ratio?
Mvhs Inc consistently reports expenses very close to its revenue, often with a small surplus or deficit. For example, in 2023, revenue was $485,808,252 and expenses were $480,980,012, resulting in a surplus of less than 1%. This indicates efficient use of funds for operations but also suggests a reliance on consistent revenue streams to cover ongoing costs, with limited accumulation of unrestricted net assets from operations.
Filing History
IRS 990 filing history for Mvhs Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mvhs Inc's revenue has grown by 67.5%, moving from $290.1M to $485.8M. Total assets increased by 285.7% over the same period, from $252.5M to $974.0M. Total functional expenses rose by 68.4%, from $285.6M to $481.0M. In its most recent filing year (2023), Mvhs Inc reported a surplus of $4.8M, with revenue exceeding expenses. The organization holds $509.9M in liabilities against $974.0M in assets (debt-to-asset ratio: 52.4%), resulting in net assets of $464.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $485.8M | $481.0M | $974.0M | $509.9M | — | View 990 |
| 2022 | $392.5M | $393.6M | $312.2M | $141.4M | — | View 990 |
| 2021 | $364.5M | $352.6M | $336.2M | $136.0M | — | View 990 |
| 2020 | $327.0M | $315.7M | $312.2M | $137.8M | — | View 990 |
| 2019 | $309.5M | $316.6M | $268.0M | $115.4M | — | View 990 |
| 2018 | $315.0M | $310.5M | $251.1M | $107.0M | — | View 990 |
| 2017 | $302.8M | $303.6M | $260.8M | $108.5M | — | View 990 |
| 2016 | $291.5M | $290.6M | $251.5M | $110.2M | — | View 990 |
| 2015 | $285.4M | $280.9M | $244.8M | $108.1M | — | View 990 |
| 2014 | $281.8M | $279.8M | $262.6M | $122.2M | — | View 990 |
| 2013 | $278.6M | $282.8M | $268.6M | $127.8M | — | View 990 |
| 2012 | $300.5M | $288.2M | $276.7M | $137.9M | — | View 990 |
| 2011 | $290.1M | $285.6M | $252.5M | $130.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $485.8M, expenses of $481.0M, and assets of $974.0M (revenue +23.8% year-over-year).
- 2022: Revenue of $392.5M, expenses of $393.6M, and assets of $312.2M (revenue +7.7% year-over-year).
- 2021: Revenue of $364.5M, expenses of $352.6M, and assets of $336.2M (revenue +11.5% year-over-year).
- 2020: Revenue of $327.0M, expenses of $315.7M, and assets of $312.2M (revenue +5.6% year-over-year).
- 2019: Revenue of $309.5M, expenses of $316.6M, and assets of $268.0M (revenue -1.7% year-over-year).
- 2018: Revenue of $315.0M, expenses of $310.5M, and assets of $251.1M (revenue +4.0% year-over-year).
- 2017: Revenue of $302.8M, expenses of $303.6M, and assets of $260.8M (revenue +3.9% year-over-year).
- 2016: Revenue of $291.5M, expenses of $290.6M, and assets of $251.5M (revenue +2.2% year-over-year).
- 2015: Revenue of $285.4M, expenses of $280.9M, and assets of $244.8M (revenue +1.3% year-over-year).
- 2014: Revenue of $281.8M, expenses of $279.8M, and assets of $262.6M (revenue +1.2% year-over-year).
- 2013: Revenue of $278.6M, expenses of $282.8M, and assets of $268.6M (revenue -7.3% year-over-year).
- 2012: Revenue of $300.5M, expenses of $288.2M, and assets of $276.7M (revenue +3.6% year-over-year).
- 2011: Revenue of $290.1M, expenses of $285.6M, and assets of $252.5M.
Data Sources and Methodology
This transparency report for Mvhs 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.