Ingrid Mahan Foundation
Ingrid Mahan Foundation maintains substantial assets despite volatile revenue, reporting no officer compensation.
EIN: 202033950 · Bernardsville, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $394K |
| Total Expenses | $348K |
| Program Spending | 85% |
| Net Assets | $2.5M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Ingrid Mahan Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Ingrid Mahan Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Ingrid Mahan Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $366K and expenses of $348K.
Revenue and Expenses
Ingrid Mahan Foundation reported $366K in revenue and $348K in expenses, a surplus of $18K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.
Is Ingrid Mahan Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $296K (85%) |
Across stored filings, Ingrid Mahan Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Ingrid Mahan Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ingrid Mahan Foundation
Ingrid Mahan Foundation (EIN: 202033950) is a nonprofit organization based in Bernardsville, NJ, classified under NTEE code T20. The organization reported total revenue of $394K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ingrid Mahan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ingrid Mahan Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $366K |
| Total Expenses | $348K |
| Surplus / Deficit | +$18K |
| Total Assets | $2.5M |
| Total Liabilities | $1 |
| Net Assets | $2.5M |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 86.6 months |
Financial Health Grade: A
In 2023, Ingrid Mahan Foundation reported a surplus of $18K with revenue exceeding expenses, holds 86.6 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), Ingrid Mahan Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -233.0% | -30.9% | -27.0% |
| 2021 | -26.5% | +31.3% | +1.3% |
| 2020 | +202.9% | +1.1% | +10.9% |
| 2019 | -83.5% | +41.1% | -35.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Ingrid Mahan 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ingrid Mahan Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Ingrid Mahan Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is a strong positive for resource allocation.
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 Ingrid Mahan Foundation's IRS 990 filings:
- Significant revenue volatility, including a negative revenue figure in 2022.
Strengths
The following positive indicators were identified for Ingrid Mahan Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds.
- Substantial and stable asset base (over $2.5 million) providing long-term financial security.
- Relatively low liabilities across most filing periods, indicating good financial management.
Frequently Asked Questions about Ingrid Mahan Foundation
Is Ingrid Mahan Foundation a legitimate charity?
Ingrid Mahan Foundation (EIN: 202033950) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $394K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Ingrid Mahan Foundation spend its money?
Ingrid Mahan Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ingrid Mahan Foundation tax-deductible?
Ingrid Mahan Foundation is registered as a tax-exempt nonprofit (EIN: 202033950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ingrid Mahan Foundation's spending goes to programs?
Ingrid Mahan Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ingrid Mahan Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ingrid Mahan Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ingrid Mahan Foundation located?
Ingrid Mahan Foundation is headquartered in Bernardsville, New Jersey and files with the IRS under EIN 202033950. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ingrid Mahan Foundation have?
Ingrid Mahan 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 $394K in total revenue.
What caused the negative revenue of $-672,534 in 2022?
The negative revenue in 2022 could be due to investment losses, significant asset write-downs, or a return of grants, which would warrant further investigation into the specific 990 filing for that period.
How does the foundation manage its significant asset base?
With assets consistently above $2.5 million, and reaching nearly $4.8 million in 2015, the foundation likely employs a robust investment strategy to generate income and sustain its operations, given its fluctuating annual revenues.
What are the primary program activities of the Ingrid Mahan Foundation?
Based on the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation likely engages in grantmaking to other organizations or individuals, but specific program details would require reviewing the full 990 forms.
Filing History
IRS 990 filing history for Ingrid Mahan Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ingrid Mahan Foundation's revenue has declined by 52.1%, moving from $764K to $366K. Total assets decreased by 16.8% over the same period, from $3.0M to $2.5M. Total functional expenses rose by 133.8%, from $149K to $348K. In its most recent filing year (2023), Ingrid Mahan Foundation reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $366K | $348K | $2.5M | $1 | — | View 990 |
| 2022 | $-672,534 | $318K | $2.5M | $50K | — | View 990 |
| 2021 | $506K | $460K | $3.5M | $1 | — | View 990 |
| 2020 | $688K | $350K | $3.4M | $1 | — | View 990 |
| 2019 | $227K | $346K | $3.1M | $1 | — | View 990 |
| 2015 | $1.4M | $245K | $4.8M | $1 | — | View 990 |
| 2014 | $126K | $213K | $3.7M | $1 | — | View 990 |
| 2013 | $615K | $209K | $3.7M | $0 | — | View 990 |
| 2012 | $569K | $243K | $3.3M | $0 | — | View 990 |
| 2011 | $764K | $149K | $3.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $366K, expenses of $348K, and assets of $2.5M.
- 2022: Revenue of $-672,534, expenses of $318K, and assets of $2.5M (revenue -233.0% year-over-year).
- 2021: Revenue of $506K, expenses of $460K, and assets of $3.5M (revenue -26.5% year-over-year).
- 2020: Revenue of $688K, expenses of $350K, and assets of $3.4M (revenue +202.9% year-over-year).
- 2019: Revenue of $227K, expenses of $346K, and assets of $3.1M (revenue -83.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $245K, and assets of $4.8M (revenue +992.8% year-over-year).
- 2014: Revenue of $126K, expenses of $213K, and assets of $3.7M (revenue -79.4% year-over-year).
- 2013: Revenue of $615K, expenses of $209K, and assets of $3.7M (revenue +8.0% year-over-year).
- 2012: Revenue of $569K, expenses of $243K, and assets of $3.3M (revenue -25.5% year-over-year).
- 2011: Revenue of $764K, expenses of $149K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ingrid Mahan Foundation:
Data Sources and Methodology
This transparency report for Ingrid Mahan 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.