Maboussou Family Foundation
Maboussou Family Foundation faces significant financial decline with persistent deficit spending and dwindling assets.
EIN: 208071427 · Omaha, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $30K |
| Program Spending | 70% |
| Net Assets | $10K |
| Transparency Score | 35/100 |
Is Maboussou Family Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maboussou Family Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Maboussou Family Foundation
Maboussou Family Foundation (EIN: 208071427) is a nonprofit organization based in Omaha, NE, classified under NTEE code T22. The organization reported total revenue of $38K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maboussou Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maboussou Family Foundation is a micro nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -20.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $30K |
| Surplus / Deficit | $-25,932 |
| Total Assets | $10K |
| Total Liabilities | $1 |
| Net Assets | $10K |
| Operating Margin | -707.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2021, Maboussou Family Foundation reported a deficit of $26K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2021), Maboussou Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +83.6% | -6.3% | -71.6% |
| 2019 | -102.0% | +104.2% | -79.8% |
| 2014 | +17.3% | +8.5% | -3.9% |
| 2013 | +31.4% | +12.2% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Maboussou Family Foundation with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Maboussou Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is a positive sign for minimizing overhead in this area.
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 Maboussou Family Foundation's IRS 990 filings:
- Consistent deficit spending (expenses significantly exceed revenue in most years)
- Substantial and continuous decline in assets over the past decade (from $366,570 to $10,289)
- Negative revenue reported in 2019 (-$329)
- Low current assets relative to historical levels and ongoing expenses
Strengths
The following positive indicators were identified for Maboussou Family Foundation:
- Zero officer compensation reported across all filings, indicating no executive pay overhead.
Frequently Asked Questions about Maboussou Family Foundation
Is Maboussou Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maboussou Family Foundation (EIN: 208071427) significant concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
How does Maboussou Family Foundation spend its money?
Maboussou Family Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maboussou Family Foundation tax-deductible?
Maboussou Family Foundation is registered as a tax-exempt nonprofit (EIN: 208071427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maboussou Family Foundation's spending goes to programs?
Maboussou Family Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Maboussou Family Foundation compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Maboussou Family Foundation is below average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maboussou Family Foundation located?
Maboussou Family Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 208071427. It is classified under NTEE code T22.
How many years of IRS 990 filings does Maboussou Family Foundation have?
Maboussou Family Foundation has 7 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 $38K in total revenue.
Is Maboussou Family Foundation a good charity?
Based on the financial data, the Maboussou Family Foundation exhibits significant financial challenges, including consistent deficit spending and a substantial decline in assets. While officer compensation is 0%, the overall financial sustainability and efficiency are concerning, making it difficult to assess its effectiveness as a 'good charity' without more detailed expense breakdowns.
Why are the assets declining so rapidly?
The rapid decline in assets, from $366,570 in 2011 to $10,289 in 2021, is primarily due to the organization consistently spending significantly more than it generates in revenue. For example, in 2021, expenses were $29,596 against revenue of $3,664, and similar patterns are observed in previous years, indicating the foundation is drawing down its principal to cover operational costs.
What is the primary source of the foundation's revenue?
The provided data only shows 'Revenue' without specifying its source. Given its NTEE code as a Private Grantmaking Foundation, revenue typically comes from investment returns on its endowment or contributions from founding family members, but the low and often negative revenue figures suggest inconsistent or insufficient incoming funds.
How does the foundation cover its expenses if revenue is so low?
The foundation covers its expenses by drawing down its existing assets. The consistent pattern of expenses far exceeding revenue (e.g., $29,596 expenses vs. $3,664 revenue in 2021) indicates that the organization is liquidating its assets to maintain operations, which is unsustainable in the long term.
Filing History
IRS 990 filing history for Maboussou Family Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2021), Maboussou Family Foundation's revenue has declined by 90.3%, moving from $38K to $4K. Total assets decreased by 97.2% over the same period, from $367K to $10K. Total functional expenses rose by 21.9%, from $24K to $30K. In its most recent filing year (2021), Maboussou Family Foundation reported a deficit of $26K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $4K | $30K | $10K | $1 | — | — |
| 2020 | $2K | $32K | $36K | $1 | — | — |
| 2019 | $-329 | $60K | $66K | $1 | — | View 990 |
| 2014 | $16K | $29K | $326K | $0 | — | View 990 |
| 2013 | $14K | $27K | $340K | $0 | — | View 990 |
| 2012 | $10K | $24K | $353K | $0 | — | View 990 |
| 2011 | $38K | $24K | $367K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $4K, expenses of $30K, and assets of $10K (revenue +83.6% year-over-year).
- 2020: Revenue of $2K, expenses of $32K, and assets of $36K.
- 2019: Revenue of $-329, expenses of $60K, and assets of $66K (revenue -102.0% year-over-year).
- 2014: Revenue of $16K, expenses of $29K, and assets of $326K (revenue +17.3% year-over-year).
- 2013: Revenue of $14K, expenses of $27K, and assets of $340K (revenue +31.4% year-over-year).
- 2012: Revenue of $10K, expenses of $24K, and assets of $353K (revenue -72.5% year-over-year).
- 2011: Revenue of $38K, expenses of $24K, and assets of $367K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maboussou Family Foundation:
Data Sources and Methodology
This transparency report for Maboussou Family 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.