Gabriel & Mazal Mirzoeff Foundation Inc
Small foundation consistently spends more than it earns, drawing down assets over time.
EIN: 136118864 · Keene, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $3K |
| Program Spending | 80% |
| Net Assets | $53K |
| Transparency Score | 65/100 |
Is Gabriel & Mazal Mirzoeff Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gabriel & Mazal Mirzoeff Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gabriel & Mazal Mirzoeff Foundation Inc
Gabriel & Mazal Mirzoeff Foundation Inc (EIN: 136118864) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $3K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gabriel & Mazal Mirzoeff Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gabriel & Mazal Mirzoeff Foundation Inc is a micro nonprofit that has been operating for 68 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $3K |
| Surplus / Deficit | $-491 |
| Total Assets | $53K |
| Total Liabilities | $1 |
| Net Assets | $53K |
| Operating Margin | -21.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 231.0 months |
Financial Health Grade: B
In 2024, Gabriel & Mazal Mirzoeff Foundation Inc reported a deficit of $491 with expenses exceeding revenue, holds 231.0 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 (2012–2024), Gabriel & Mazal Mirzoeff Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.9% | -22.0% | -0.9% |
| 2023 | +21.1% | -6.7% | -2.5% |
| 2022 | +7.1% | +84.9% | -3.5% |
| 2021 | -22.5% | +18.5% | -0.7% |
| 2020 | +56.5% | -37.4% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
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 Gabriel & Mazal Mirzoeff Foundation Inc with a Mission Score of 65 out of 100 (Good). 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, Gabriel & Mazal Mirzoeff Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $491, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure or that all officers serve without pay, which is highly efficient for a small foundation.
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 Gabriel & Mazal Mirzoeff Foundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue in most years, e.g., $2,750 expenses vs. $2,259 revenue in 2024).
- Declining asset base over time (from $78,004 in 2012 to $52,947 in 2024).
Strengths
The following positive indicators were identified for Gabriel & Mazal Mirzoeff Foundation Inc:
- Zero officer compensation reported, indicating efficient use of funds for leadership.
- Very low liabilities ($1 in recent years), suggesting financial prudence.
- Consistent filing of IRS 990 forms, demonstrating transparency.
Frequently Asked Questions about Gabriel & Mazal Mirzoeff Foundation Inc
Is Gabriel & Mazal Mirzoeff Foundation Inc a legitimate charity?
Gabriel & Mazal Mirzoeff Foundation Inc (EIN: 136118864) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $3K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Gabriel & Mazal Mirzoeff Foundation Inc spend its money?
Gabriel & Mazal Mirzoeff Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gabriel & Mazal Mirzoeff Foundation Inc tax-deductible?
Gabriel & Mazal Mirzoeff Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136118864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gabriel & Mazal Mirzoeff Foundation Inc's spending goes to programs?
Gabriel & Mazal Mirzoeff Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Gabriel & Mazal Mirzoeff Foundation Inc located?
Gabriel & Mazal Mirzoeff Foundation Inc is headquartered in Keene, New Hampshire and files with the IRS under EIN 136118864.
How many years of IRS 990 filings does Gabriel & Mazal Mirzoeff Foundation Inc have?
Gabriel & Mazal Mirzoeff Foundation Inc 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 $3K in total revenue.
What are the specific programs or grants the Gabriel & Mazal Mirzoeff Foundation Inc supports?
The provided IRS 990 data does not detail the specific programs or grants supported by the foundation. Further investigation into their public disclosures or website would be necessary to understand their mission-related activities.
How does the foundation plan to address its consistent deficit spending?
The IRS 990 data shows a pattern of expenses exceeding revenue in most years (e.g., $2,259 revenue vs. $2,750 expenses in 2024). The filings do not provide insight into the foundation's strategy for addressing this trend or if it intends to continue drawing down assets.
What is the NTEE code for this organization?
The NTEE code for Gabriel & Mazal Mirzoeff Foundation Inc is listed as 'Unknown' in the provided data.
Filing History
IRS 990 filing history for Gabriel & Mazal Mirzoeff Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Gabriel & Mazal Mirzoeff Foundation Inc's revenue has grown by 107.4%, moving from $1K to $2K. Total assets decreased by 32.1% over the same period, from $78K to $53K. Total functional expenses fell by 58.3%, from $7K to $3K. In its most recent filing year (2024), Gabriel & Mazal Mirzoeff Foundation Inc reported a deficit of $491, with expenses exceeding revenue. The organization holds $1 in liabilities against $53K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2K | $3K | $53K | $1 | — | — |
| 2023 | $2K | $4K | $53K | $1 | — | View 990 |
| 2022 | $2K | $4K | $55K | $1 | — | — |
| 2021 | $2K | $2K | $57K | $1 | — | — |
| 2020 | $2K | $2K | $57K | $1 | — | View 990 |
| 2016 | $1K | $3K | $56K | $0 | — | View 990 |
| 2015 | $1K | $11K | $58K | $0 | — | View 990 |
| 2014 | $1K | $3K | $67K | $0 | — | View 990 |
| 2013 | $1K | $10K | $69K | $0 | — | View 990 |
| 2012 | $1K | $7K | $78K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2K, expenses of $3K, and assets of $53K (revenue +5.9% year-over-year).
- 2023: Revenue of $2K, expenses of $4K, and assets of $53K (revenue +21.1% year-over-year).
- 2022: Revenue of $2K, expenses of $4K, and assets of $55K (revenue +7.1% year-over-year).
- 2021: Revenue of $2K, expenses of $2K, and assets of $57K (revenue -22.5% year-over-year).
- 2020: Revenue of $2K, expenses of $2K, and assets of $57K (revenue +56.5% year-over-year).
- 2016: Revenue of $1K, expenses of $3K, and assets of $56K (revenue +6.0% year-over-year).
- 2015: Revenue of $1K, expenses of $11K, and assets of $58K (revenue +5.2% year-over-year).
- 2014: Revenue of $1K, expenses of $3K, and assets of $67K (revenue +2.3% year-over-year).
- 2013: Revenue of $1K, expenses of $10K, and assets of $69K (revenue +9.1% year-over-year).
- 2012: Revenue of $1K, expenses of $7K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gabriel & Mazal Mirzoeff Foundation Inc:
Data Sources and Methodology
This transparency report for Gabriel & Mazal Mirzoeff Foundation 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.