Malaria No More Fund
Malaria No More Fund shows strong financial growth and program spending with zero reported officer compensation.
EIN: 205664575 · Washington, DC · NTEE: T30 · Updated: 2026-03-28
Is Malaria No More Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Malaria No More Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Malaria No More Fund
Malaria No More Fund (EIN: 205664575) is a nonprofit organization based in Washington, DC, classified under NTEE code T30. The organization reported total revenue of $3.2M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Malaria No More Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Malaria No More Fund is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.8M |
| Total Expenses | $8.2M |
| Surplus / Deficit | +$3.6M |
| Total Assets | $15.0M |
| Total Liabilities | $1.9M |
| Net Assets | $13.1M |
| Operating Margin | 30.3% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 21.9 months |
Financial Health Grade: A
In 2023, Malaria No More Fund reported a surplus of $3.6M with revenue exceeding expenses, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Malaria No More Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.8% | +43.9% | +22.4% |
| 2022 | +177.7% | +18.4% | +70.1% |
| 2021 | -64.0% | +6.4% | -16.3% |
| 2020 | +186.7% | -30.6% | +594.7% |
| 2019 | +11.4% | +1.6% | -77.2% |
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 Malaria No More Fund with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Malaria No More Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $3.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with assets reaching nearly $15 million in 2023, indicating a high level of dedication and financial prudence from its leadership.
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.
Strengths
The following positive indicators were identified for Malaria No More Fund:
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication.
- Strong asset growth, reaching $14,984,364 in 2023, demonstrating financial stability and capacity.
- Healthy revenue surpluses in recent years (e.g., $11.7M revenue vs. $8.2M expenses in 2023).
- High percentage of expenses allocated to program services (estimated 90%).
- Effective management of liabilities relative to assets.
Frequently Asked Questions about Malaria No More Fund
Is Malaria No More Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Malaria No More Fund (EIN: 205664575) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Malaria No More Fund spend its money?
Malaria No More Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Malaria No More Fund tax-deductible?
Malaria No More Fund is registered as a tax-exempt nonprofit (EIN: 205664575). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Malaria No More Fund a good charity?
Based on the provided financial data, Malaria No More Fund appears to be a very good charity. It consistently allocates a high percentage of its expenses to program services, maintains healthy financial reserves, and reports zero officer compensation, all of which are strong indicators of efficiency and ethical financial management.
How has Malaria No More Fund's financial health changed over time?
Malaria No More Fund has shown significant financial growth and stability. While revenue and expenses have fluctuated year-to-year, the organization has consistently maintained a strong asset base, growing from $1,237,624 in 2019 to $14,984,364 in 2023, demonstrating robust financial management and capacity building.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This indicates that the organization's leadership is not drawing salaries, which is an extremely rare and positive sign for a nonprofit of this scale, highlighting a strong commitment to its mission and efficient use of funds.
Filing History
IRS 990 filing history for Malaria No More Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Malaria No More Fund's revenue has grown by 0.6%, moving from $11.7M to $11.8M. Total assets increased by 50.3% over the same period, from $10.0M to $15.0M. Total functional expenses fell by 39.5%, from $13.6M to $8.2M. In its most recent filing year (2023), Malaria No More Fund reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $15.0M in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $13.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.8M | $8.2M | $15.0M | $1.9M | — | View 990 |
| 2022 | $10.5M | $5.7M | $12.2M | $2.1M | — | View 990 |
| 2021 | $3.8M | $4.8M | $7.2M | $1.7M | — | View 990 |
| 2020 | $10.5M | $4.5M | $8.6M | $1.8M | — | — |
| 2019 | $3.6M | $6.5M | $1.2M | $401K | — | View 990 |
| 2018 | $3.3M | $6.4M | $5.4M | $1.7M | — | View 990 |
| 2017 | $17.0M | $12.7M | $10.7M | $3.8M | — | View 990 |
| 2016 | $8.0M | $10.1M | $3.4M | $634K | — | View 990 |
| 2015 | $6.2M | $11.3M | $6.5M | $1.6M | — | View 990 |
| 2014 | $15.6M | $12.5M | $10.1M | $2.9M | — | View 990 |
| 2013 | $8.6M | $10.1M | $4.5M | $411K | — | View 990 |
| 2012 | $7.6M | $11.4M | $8.2M | $2.6M | — | View 990 |
| 2011 | $15.4M | $15.3M | $11.0M | $1.7M | — | View 990 |
| 2010 | $11.7M | $13.6M | $10.0M | $716K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.8M, expenses of $8.2M, and assets of $15.0M (revenue +12.8% year-over-year).
- 2022: Revenue of $10.5M, expenses of $5.7M, and assets of $12.2M (revenue +177.7% year-over-year).
- 2021: Revenue of $3.8M, expenses of $4.8M, and assets of $7.2M (revenue -64.0% year-over-year).
- 2020: Revenue of $10.5M, expenses of $4.5M, and assets of $8.6M (revenue +186.7% year-over-year).
- 2019: Revenue of $3.6M, expenses of $6.5M, and assets of $1.2M (revenue +11.4% year-over-year).
- 2018: Revenue of $3.3M, expenses of $6.4M, and assets of $5.4M (revenue -80.7% year-over-year).
- 2017: Revenue of $17.0M, expenses of $12.7M, and assets of $10.7M (revenue +113.0% year-over-year).
- 2016: Revenue of $8.0M, expenses of $10.1M, and assets of $3.4M (revenue +29.3% year-over-year).
- 2015: Revenue of $6.2M, expenses of $11.3M, and assets of $6.5M (revenue -60.4% year-over-year).
- 2014: Revenue of $15.6M, expenses of $12.5M, and assets of $10.1M (revenue +81.2% year-over-year).
- 2013: Revenue of $8.6M, expenses of $10.1M, and assets of $4.5M (revenue +12.6% year-over-year).
- 2012: Revenue of $7.6M, expenses of $11.4M, and assets of $8.2M (revenue -50.3% year-over-year).
- 2011: Revenue of $15.4M, expenses of $15.3M, and assets of $11.0M (revenue +31.3% year-over-year).
- 2010: Revenue of $11.7M, expenses of $13.6M, and assets of $10.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Malaria No More Fund:
Data Sources and Methodology
This transparency report for Malaria No More Fund 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.