Quick charity verification for Howard V Moore Foundation (EIN: 203983894)
Verdict: Howard V Moore Foundation has notable concerns
35/100Mission Score
$207KRevenue
$1.5MAssets
3Red Flags
2Strengths
Red Flags
Persistent deficit spending: Expenses consistently exceed revenue, leading to asset depletion (e.g., $153,999 expenses vs. $52,403 revenue in 2023).
Significant asset decline: Assets have decreased by over $900,000 from $2,399,680 in 2014 to $1,414,114 in 2023.
Unstable revenue streams: Revenue is highly variable and often very low (e.g., $5,774 in 2022), making financial planning difficult.
Strengths
No officer compensation: 0% officer compensation reported across all filings, indicating efficient use of funds regarding executive pay.
Low liabilities: Liabilities are consistently low or zero in recent years (e.g., $0 in 2022 and 2023), suggesting good debt management.
Spending Breakdown
How Howard V Moore Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Howard V Moore Foundation
Is Howard V Moore Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Howard V Moore Foundation (EIN: 203983894) has notable concerns. Mission Score: 35/100. 3 red flags identified, 2 strengths noted.
Is Howard V Moore Foundation a good charity to donate to?
Howard V Moore Foundation has a Mission Score of 35/100. Revenue: $207K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Howard V Moore Foundation?
The Employer Identification Number (EIN) for Howard V Moore Foundation is 203983894. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Howard V Moore Foundation spend its money?
Howard V Moore Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Howard V Moore Foundation's tax-exempt status?
You can verify Howard V Moore Foundation's tax-exempt status using EIN 203983894 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Howard V Moore Foundation exhibits a concerning financial trend, consistently spending significantly more than it generates in revenue over the past decade. For instance, in 2023, the organization reported revenue of $52,403 against expenses of $153,999, and in 2022, revenue was a mere $5,774 compared to $237,509 in expenses. This persistent deficit spending has led to a substantial decline in assets, from $2,399,680 in 2014 to $1,414,114 in 2023, indicating an unsustainable operational model. While the organization reports 0% officer compensation, which is a positive for transparency regarding executive pay, the overall financial health is weak due to the continuous depletion of its asset base to cover expenses.
The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent and significant negative net income suggests that the current level of expenses is not supported by its revenue streams. The lack of liabilities in recent years (e.g., $0 in 2022 and 2023) is a positive indicator of debt management, but it doesn't offset the fundamental issue of asset depletion. The organization's transparency regarding executive compensation is good, with no reported officer compensation, but the broader financial sustainability is a major concern.