My Sisters Place Inc
My Sisters Place Inc reports zero revenue and assets in its latest filing, following years of minimal financial activity.
EIN: 10890134 · Newark, DE · NTEE: L20 · Updated: 2026-03-28
Is My Sisters Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
My Sisters Place Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About My Sisters Place Inc
My Sisters Place Inc (EIN: 10890134) is a nonprofit organization based in Newark, DE, classified under NTEE code L20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of My Sisters Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
My Sisters Place Inc is a micro nonprofit that has been operating for 19 years, with 3 years of IRS 990 filings on record (2014–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $2K |
| Surplus / Deficit | $-560 |
| Total Assets | $933 |
| Net Assets | $933 |
| Operating Margin | -50.9% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2016, My Sisters Place Inc reported a deficit of $560 with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -49.1% | +148.9% | -37.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates My Sisters Place Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, My Sisters Place Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $560, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely run by volunteers and does not pay its officers, which is appropriate given its extremely small size and minimal financial activity.
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 My Sisters Place Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or operational challenges.
- Expenses exceeded revenue in 2016 ($1,660 expenses vs. $1,100 revenue), suggesting potential financial strain in that period.
Strengths
The following positive indicators were identified for My Sisters Place Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-led structure.
- Consistent filing of IRS Form 990s, demonstrating basic compliance and transparency, even with minimal activity.
Frequently Asked Questions about My Sisters Place Inc
Is My Sisters Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, My Sisters Place Inc (EIN: 10890134) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does My Sisters Place Inc spend its money?
My Sisters Place Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to My Sisters Place Inc tax-deductible?
My Sisters Place Inc is registered as a tax-exempt nonprofit (EIN: 10890134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is My Sisters Place Inc a good charity?
Based on the available data, it's difficult to definitively label My Sisters Place Inc as 'good' or 'bad' due to its extremely limited financial activity. The organization appears to be very small and volunteer-run, which can be a positive. However, the lack of detailed program spending information and the current zero revenue/asset status make it hard to assess its impact or operational effectiveness.
What is the primary focus of My Sisters Place Inc given its NTEE code L20?
The NTEE code L20 typically refers to 'Housing, Shelter, & Homeless Services, specifically Temporary Housing'. This suggests the organization's mission is focused on providing temporary housing or shelter, likely for vulnerable populations.
Why does the latest filing show $0 revenue and assets?
The latest filing showing $0 revenue and assets could indicate several things: the organization might be inactive, in the process of winding down, or experiencing a temporary period without financial transactions. It could also be an administrative filing for a period of dormancy.
Filing History
IRS 990 filing history for My Sisters Place Inc showing financial trends over 3 years of public records:
Total assets increased by 93200% over the same period, from $1 to $933. In its most recent filing year (2016), My Sisters Place Inc reported a deficit of $560, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1K | $2K | $933 | $0 | — | — |
| 2015 | $2K | $667 | $1K | $0 | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1K, expenses of $2K, and assets of $933 (revenue -49.1% year-over-year).
- 2015: Revenue of $2K, expenses of $667, and assets of $1K.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for My Sisters Place Inc:
Data Sources and Methodology
This transparency report for My Sisters Place 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.