National Mps Society Inc
National MPS Society Inc. reports two consecutive years of operating deficits despite substantial assets.
EIN: 112734849 · Durham, NC · Updated: 2026-03-28
Is National Mps Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Mps Society Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Mps Society Inc
National Mps Society Inc (EIN: 112734849) is a nonprofit organization based in Durham, NC. The organization reported total revenue of $3.4M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Mps Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Mps Society Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-461,602 |
| Total Assets | $4.0M |
| Total Liabilities | $286K |
| Net Assets | $3.7M |
| Operating Margin | -20.1% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 17.5 months |
Financial Health Grade: B
In 2023, National Mps Society Inc reported a deficit of $462K with expenses exceeding revenue, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Mps Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.0% | +2.7% | -11.3% |
| 2022 | -3.4% | +28.7% | -15.6% |
| 2021 | -5.4% | +19.8% | -2.0% |
| 2020 | -26.6% | -11.9% | +7.7% |
| 2019 | +50.8% | -8.5% | +35.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 National Mps Society Inc with a Mission Score of 80 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, National Mps Society 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $462K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, suggesting that the organization's officers are either uncompensated or compensated through mechanisms not classified as officer compensation, which is a strong positive for donor perception.
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 National Mps Society Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2023 and 2022), indicating operating deficits.
- Assets have shown a declining trend from $5,467,051 in 2020 to $4,013,909 in 2023, potentially due to operating deficits.
Strengths
The following positive indicators were identified for National Mps Society Inc:
- Consistent history of IRS 990 filings over 13 periods, demonstrating transparency.
- Reported 0% officer compensation across all filings, indicating efficient use of funds at the executive level.
- Maintains substantial assets ($4,013,909 in 2023), providing a strong financial cushion.
- Significant revenue generation, with latest reported revenue at $3,367,348, showing strong fundraising capacity.
Frequently Asked Questions about National Mps Society Inc
Is National Mps Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Mps Society Inc (EIN: 112734849) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does National Mps Society Inc spend its money?
National Mps Society Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Mps Society Inc tax-deductible?
National Mps Society Inc is registered as a tax-exempt nonprofit (EIN: 112734849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Mps Society Inc. financially sustainable given recent deficits?
While the organization has substantial assets ($4,013,909 in 2023), two consecutive years of expenses exceeding revenue (e.g., $2,758,261 expenses vs. $2,296,659 revenue in 2023) indicate a need to monitor financial sustainability closely to avoid depleting reserves.
How does the 0% officer compensation impact the organization's operations?
The reported 0% officer compensation suggests a highly volunteer-driven leadership or alternative compensation structures, which can reduce overhead and potentially allow more funds to be directed towards programs, enhancing donor trust.
Filing History
IRS 990 filing history for National Mps Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Mps Society Inc's revenue has grown by 119.7%, moving from $1.0M to $2.3M. Total assets increased by 45.1% over the same period, from $2.8M to $4.0M. Total functional expenses rose by 138.3%, from $1.2M to $2.8M. In its most recent filing year (2023), National Mps Society Inc reported a deficit of $462K, with expenses exceeding revenue. The organization holds $286K in liabilities against $4.0M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.8M | $4.0M | $286K | — | — |
| 2022 | $1.8M | $2.7M | $4.5M | $594K | — | View 990 |
| 2021 | $1.9M | $2.1M | $5.4M | $66K | — | View 990 |
| 2020 | $2.0M | $1.7M | $5.5M | $155K | — | — |
| 2019 | $2.7M | $2.0M | $5.1M | $307K | — | View 990 |
| 2018 | $1.8M | $2.2M | $3.8M | $19K | — | View 990 |
| 2017 | $2.8M | $2.0M | $4.3M | $11K | — | View 990 |
| 2016 | $1.8M | $1.5M | $3.3M | $12K | — | View 990 |
| 2015 | $1.5M | $1.3M | $2.9M | $12K | — | View 990 |
| 2014 | $1.5M | $1.2M | $2.9M | $220K | — | View 990 |
| 2013 | $1.1M | $1.2M | $2.5M | $20K | — | View 990 |
| 2012 | $1.1M | $1.2M | $2.6M | $14K | — | View 990 |
| 2011 | $1.0M | $1.2M | $2.8M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.8M, and assets of $4.0M (revenue +25.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.7M, and assets of $4.5M (revenue -3.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.1M, and assets of $5.4M (revenue -5.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.7M, and assets of $5.5M (revenue -26.6% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.0M, and assets of $5.1M (revenue +50.8% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.2M, and assets of $3.8M (revenue -35.6% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.0M, and assets of $4.3M (revenue +61.3% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.5M, and assets of $3.3M (revenue +20.7% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $2.9M (revenue -1.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $2.9M (revenue +33.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $2.5M (revenue +3.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $2.6M (revenue +2.2% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.2M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Mps Society Inc:
Data Sources and Methodology
This transparency report for National Mps Society 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.