Myasthenia Gravis Foundation Of America Inc
Myasthenia Gravis Foundation Of America Inc shows consistent asset growth and no reported officer compensation over the past decade.
EIN: 135672224 · Westborough, MA · NTEE: H56Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $3.6M |
| Program Spending | 80% |
| Net Assets | $10.6M |
| Transparency Score | 85/100 |
Is Myasthenia Gravis Foundation 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 →
Myasthenia Gravis Foundation Of America Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Myasthenia Gravis Foundation Of America Inc
Myasthenia Gravis Foundation Of America Inc (EIN: 135672224) is a nonprofit organization based in Westborough, MA, classified under NTEE code H56Z. The organization reported total revenue of $6.3M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Myasthenia Gravis Foundation Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Myasthenia Gravis Foundation Of America Inc is a mid-size nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-24,778 |
| Total Assets | $12.0M |
| Total Liabilities | $1.4M |
| Net Assets | $10.6M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 40.3 months |
Financial Health Grade: B
In 2023, Myasthenia Gravis Foundation Of America Inc reported a deficit of $25K with expenses exceeding revenue, holds 40.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Myasthenia Gravis Foundation Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.0% | -5.6% | +5.7% |
| 2022 | +14.3% | +26.0% | -5.9% |
| 2021 | +7.4% | +21.4% | +13.9% |
| 2020 | +38.7% | +9.3% | +11.5% |
| 2019 | -0.2% | +15.9% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1954 |
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 Myasthenia Gravis Foundation 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Myasthenia Gravis Foundation Of America Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive compensation is categorized differently and not reported under 'officer compensation' on the 990, which warrants further investigation for full transparency.
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 Myasthenia Gravis Foundation Of America Inc's IRS 990 filings:
- Consistent 0% officer compensation may warrant further inquiry to understand the full executive compensation structure if any exists outside of this reporting category.
Strengths
The following positive indicators were identified for Myasthenia Gravis Foundation Of America Inc:
- Consistent asset growth from $6.4M in 2015 to $12.0M in 2023, indicating strong financial health.
- Healthy asset-to-liability ratio, demonstrating robust financial reserves (e.g., $12M assets vs. $1.4M liabilities in 2023).
- No reported officer compensation across all available filings, suggesting efficient use of funds for mission-related activities.
- Revenue growth over the past decade, indicating increasing donor support and program reach.
- Consistent filing of IRS Form 990s, demonstrating transparency and accountability.
Frequently Asked Questions about Myasthenia Gravis Foundation Of America Inc
Is Myasthenia Gravis Foundation Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Myasthenia Gravis Foundation Of America Inc (EIN: 135672224) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Myasthenia Gravis Foundation Of America Inc spend its money?
Myasthenia Gravis Foundation Of America Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Myasthenia Gravis Foundation Of America Inc tax-deductible?
Myasthenia Gravis Foundation Of America Inc is registered as a tax-exempt nonprofit (EIN: 135672224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Myasthenia Gravis Foundation Of America Inc's spending goes to programs?
Myasthenia Gravis Foundation Of America Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Myasthenia Gravis Foundation Of America Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Myasthenia Gravis Foundation Of America Inc is above average for NTEE category H56Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Myasthenia Gravis Foundation Of America Inc located?
Myasthenia Gravis Foundation Of America Inc is headquartered in Westborough, Massachusetts and files with the IRS under EIN 135672224. It is classified under NTEE code H56Z.
How many years of IRS 990 filings does Myasthenia Gravis Foundation Of America Inc have?
Myasthenia Gravis Foundation Of America Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.3M in total revenue.
Is Myasthenia Gravis Foundation Of America Inc a good charity?
Based on its financial data, the Myasthenia Gravis Foundation Of America Inc appears to be a good charity. It demonstrates consistent asset growth, responsible expense management, and a notable 0% reported officer compensation, suggesting a strong focus on its mission.
How has the organization's revenue trended over time?
The organization's revenue has shown an overall upward trend, growing from $1.5 million in 2014 to $3.5 million in 2023, with a peak of $4.3 million in 2022. This indicates a growing capacity to attract funding.
What is the organization's financial stability?
The organization exhibits strong financial stability, with assets consistently exceeding liabilities. For example, in 2023, assets were $12,011,651 against liabilities of $1,400,541, indicating a healthy reserve and ability to meet obligations.
What does 0% officer compensation mean for donors?
A reported 0% officer compensation could mean that the organization's top leadership is entirely volunteer-based, or that compensation is paid to employees who are not classified as 'officers' for 990 reporting purposes. For donors, it generally suggests that a very high proportion of funds are directed towards programs rather than executive salaries, which is often viewed positively.
Filing History
IRS 990 filing history for Myasthenia Gravis Foundation Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Myasthenia Gravis Foundation Of America Inc's revenue has grown by 316.3%, moving from $854K to $3.6M. Total assets increased by 129.4% over the same period, from $5.2M to $12.0M. Total functional expenses rose by 241.4%, from $1.0M to $3.6M. In its most recent filing year (2023), Myasthenia Gravis Foundation Of America Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $12.0M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.6M | $12.0M | $1.4M | — | View 990 |
| 2022 | $4.4M | $3.8M | $11.4M | $1.3M | — | View 990 |
| 2021 | $3.8M | $3.0M | $12.1M | $1.2M | — | View 990 |
| 2020 | $3.6M | $2.5M | $10.6M | $873K | — | — |
| 2019 | $2.6M | $2.3M | $9.5M | $972K | — | View 990 |
| 2018 | $2.6M | $2.0M | $8.1M | $808K | — | View 990 |
| 2017 | $2.3M | $2.2M | $8.4M | $750K | — | View 990 |
| 2016 | $3.0M | $1.9M | $7.6M | $559K | — | View 990 |
| 2015 | $1.6M | $1.6M | $6.4M | $553K | — | View 990 |
| 2014 | $1.5M | $1.7M | $6.9M | $418K | — | View 990 |
| 2013 | $1.6M | $1.3M | $6.9M | $336K | — | View 990 |
| 2012 | $1.4M | $1.2M | $5.8M | $111K | — | View 990 |
| 2011 | $854K | $1.0M | $5.2M | $265K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.6M, and assets of $12.0M (revenue -19.0% year-over-year).
- 2022: Revenue of $4.4M, expenses of $3.8M, and assets of $11.4M (revenue +14.3% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.0M, and assets of $12.1M (revenue +7.4% year-over-year).
- 2020: Revenue of $3.6M, expenses of $2.5M, and assets of $10.6M (revenue +38.7% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.3M, and assets of $9.5M (revenue -0.2% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.0M, and assets of $8.1M (revenue +14.7% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $8.4M (revenue -24.6% year-over-year).
- 2016: Revenue of $3.0M, expenses of $1.9M, and assets of $7.6M (revenue +82.0% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $6.4M (revenue +9.1% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.7M, and assets of $6.9M (revenue -6.3% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.3M, and assets of $6.9M (revenue +12.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.2M, and assets of $5.8M (revenue +67.2% year-over-year).
- 2011: Revenue of $854K, expenses of $1.0M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Myasthenia Gravis Foundation Of America Inc:
Data Sources and Methodology
This transparency report for Myasthenia Gravis Foundation 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.