Cumorah Foundation
Cumorah Foundation shows asset growth and no executive compensation, but recent revenue is highly volatile.
EIN: 205340588 · Las Vegas, NV · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $443K |
| Total Expenses | $22K |
| Program Spending | 80% |
| Net Assets | $266K |
| Transparency Score | 85/100 |
Is Cumorah Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cumorah Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cumorah Foundation
Cumorah Foundation (EIN: 205340588) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T23. The organization reported total revenue of $443K and total assets of $345K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cumorah Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cumorah Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $22K |
| Surplus / Deficit | +$14K |
| Total Assets | $266K |
| Total Liabilities | $1 |
| Net Assets | $266K |
| Operating Margin | 39.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.8 months |
Financial Health Grade: A
In 2023, Cumorah Foundation reported a surplus of $14K with revenue exceeding expenses, holds 147.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Cumorah Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -117.8% | -61.9% | -18.7% |
| 2021 | -5.9% | +101.0% | +13.6% |
| 2020 | +3.4% | -59.0% | +50.7% |
| 2019 | -10.9% | -11.7% | +81.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Cumorah Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Cumorah Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly efficient for a nonprofit of its size.
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 Cumorah Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2022
- Lack of detailed program spending breakdown in provided data to fully assess efficiency
Strengths
The following positive indicators were identified for Cumorah Foundation:
- Consistent asset growth over the past decade, from $72,032 in 2011 to $266,137 in 2023
- Zero officer compensation reported across all filings, indicating efficient use of funds
- Extremely low liabilities ($1 consistently reported), demonstrating strong financial solvency
- Positive net assets maintained despite revenue fluctuations
Frequently Asked Questions about Cumorah Foundation
Is Cumorah Foundation a legitimate charity?
Cumorah Foundation (EIN: 205340588) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $443K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Cumorah Foundation spend its money?
Cumorah Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cumorah Foundation tax-deductible?
Cumorah Foundation is registered as a tax-exempt nonprofit (EIN: 205340588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cumorah Foundation's spending goes to programs?
Cumorah Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cumorah Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cumorah Foundation is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cumorah Foundation located?
Cumorah Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 205340588. It is classified under NTEE code T23.
How many years of IRS 990 filings does Cumorah Foundation have?
Cumorah Foundation has 10 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 $443K in total revenue.
What caused the negative revenue of $-25,495 in 2022?
The IRS 990 filing for 202212 shows a negative revenue, which could be due to significant returns, adjustments, or losses on investments exceeding income. Further detail would require examining the specific line items on the Form 990.
How does Cumorah Foundation sustain operations with fluctuating revenue, especially in recent years?
Despite revenue fluctuations, the organization has maintained positive net assets and very low liabilities, suggesting it may rely on accumulated reserves or other non-operating income sources to cover expenses during leaner periods. The consistent asset growth from $72,032 in 2011 to $266,137 in 2023 supports this.
What are the primary program activities of Cumorah Foundation given its NTEE code T23 (Religious Activities)?
As an organization with NTEE code T23, Cumorah Foundation's primary program activities would typically involve religious instruction, worship, community outreach, or other faith-based initiatives. The 990 filings would provide more specific details on program service accomplishments.
Filing History
IRS 990 filing history for Cumorah Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cumorah Foundation's revenue has declined by 70.6%, moving from $121K to $36K. Total assets increased by 269.5% over the same period, from $72K to $266K. Total functional expenses fell by 77.6%, from $96K to $22K. In its most recent filing year (2023), Cumorah Foundation reported a surplus of $14K, with revenue exceeding expenses. The organization holds $1 in liabilities against $266K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $266K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $22K | $266K | $1 | — | — |
| 2022 | $-25,495 | $39K | $279K | $1 | — | View 990 |
| 2021 | $143K | $102K | $344K | $1 | — | View 990 |
| 2020 | $152K | $51K | $303K | $1 | — | View 990 |
| 2019 | $147K | $124K | $201K | $1 | — | — |
| 2015 | $165K | $140K | $111K | $1 | — | View 990 |
| 2014 | $167K | $140K | $86K | $1 | — | View 990 |
| 2013 | $169K | $140K | $58K | $1 | — | View 990 |
| 2012 | $71K | $112K | $34K | $1 | — | View 990 |
| 2011 | $121K | $96K | $72K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $22K, and assets of $266K.
- 2022: Revenue of $-25,495, expenses of $39K, and assets of $279K (revenue -117.8% year-over-year).
- 2021: Revenue of $143K, expenses of $102K, and assets of $344K (revenue -5.9% year-over-year).
- 2020: Revenue of $152K, expenses of $51K, and assets of $303K (revenue +3.4% year-over-year).
- 2019: Revenue of $147K, expenses of $124K, and assets of $201K (revenue -10.9% year-over-year).
- 2015: Revenue of $165K, expenses of $140K, and assets of $111K (revenue -1.3% year-over-year).
- 2014: Revenue of $167K, expenses of $140K, and assets of $86K (revenue -0.7% year-over-year).
- 2013: Revenue of $169K, expenses of $140K, and assets of $58K (revenue +136.8% year-over-year).
- 2012: Revenue of $71K, expenses of $112K, and assets of $34K (revenue -41.4% year-over-year).
- 2011: Revenue of $121K, expenses of $96K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cumorah Foundation:
Data Sources and Methodology
This transparency report for Cumorah Foundation 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.