Quick charity verification for The Mosaic Fund (EIN: 137045257)
Verdict: The Mosaic Fund has notable concerns
20/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation.
Significant and consistent deficits, with expenses far exceeding revenue in multiple periods (e.g., 2013 expenses of $2M vs. revenue of $142K).
Unexplained drastic decline in financial activity from 2012 to subsequent years.
Reported liabilities of only $1 in periods with large deficits, which is highly unusual and may indicate incomplete reporting or specific accounting practices that need clarification.
Strengths
Consistent reporting of 0% officer compensation, suggesting resources were not diverted to executive salaries.
Spending Breakdown
How The Mosaic Fund allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 The Mosaic Fund
Is The Mosaic Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, The Mosaic Fund (EIN: 137045257) has notable concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
Is The Mosaic Fund a good charity to donate to?
The Mosaic Fund has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Mosaic Fund?
The Employer Identification Number (EIN) for The Mosaic Fund is 137045257. 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 The Mosaic Fund spend its money?
The Mosaic Fund allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Mosaic Fund's tax-exempt status?
You can verify The Mosaic Fund's tax-exempt status using EIN 137045257 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 Mosaic Fund exhibits a concerning financial trajectory, with its latest reported revenue and assets at $0, following a significant decline from previous years. In 2013, the organization reported revenue of $142,242 against expenses of over $2 million, indicating a substantial deficit. This trend continued into 2014, where revenue was a mere $1,990 while expenses were $23,606. The lack of reported assets and revenue in the most recent period suggests potential dormancy or cessation of operations, which significantly impacts its financial health and ability to fulfill its mission. The organization's transparency is moderate, as it has filed its 990s, but the drastic financial changes without clear explanations in the provided data raise questions about its current status and future viability.