Is Mizuho Usa Foundation Inc Legit?

Quick charity verification for Mizuho Usa Foundation Inc (EIN: 133550008)

Verdict: Mizuho Usa Foundation Inc appears trustworthy

85/100Mission Score
$16.6MRevenue
$17.1MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Mizuho Usa Foundation Inc allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Mizuho Usa Foundation Inc

Is Mizuho Usa Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mizuho Usa Foundation Inc (EIN: 133550008) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Mizuho Usa Foundation Inc a good charity to donate to?

Mizuho Usa Foundation Inc has a Mission Score of 85/100. Revenue: $16.6M. Assets: $17.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mizuho Usa Foundation Inc?

The Employer Identification Number (EIN) for Mizuho Usa Foundation Inc is 133550008. 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 Mizuho Usa Foundation Inc spend its money?

Mizuho Usa Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mizuho Usa Foundation Inc's tax-exempt status?

You can verify Mizuho Usa Foundation Inc's tax-exempt status using EIN 133550008 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

Mizuho Usa Foundation Inc. demonstrates a consistent pattern of operating at a deficit, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $1,082,460 against revenues of $569,880, and in 2022, expenses were $1,016,823 against revenues of $340,211. This trend suggests reliance on accumulated assets or prior large contributions, as evidenced by the significant revenue spike in 2021 ($2,299,968). Despite these operational deficits, the organization maintains a healthy asset base, with assets consistently above $12 million and reaching $17,128,072 in the latest available data, indicating financial stability from a long-term perspective. The consistent reporting of 0% officer compensation across all filings suggests strong financial stewardship regarding executive pay, contributing positively to its transparency and efficiency profile. The foundation's financial health appears stable due to its substantial assets, which can absorb the recurring operational deficits. However, the consistent spending exceeding incoming revenue, as seen in most recent years, warrants attention for long-term sustainability if not offset by periodic large contributions or investment returns. The absence of officer compensation is a significant positive indicator of efficient use of funds and a commitment to mission over executive enrichment. Overall, while operational revenue-expense alignment is a concern, the strong asset base and zero executive compensation paint a picture of a well-managed, albeit deficit-spending, foundation.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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