Malhotra Family Foundation Inc
EIN: 814499572 · Southaven, MS
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $43K |
Is Malhotra Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Malhotra Family Foundation Inc
Malhotra Family Foundation Inc (EIN: 814499572) is a nonprofit organization based in Southaven, MS. The organization reported total revenue of $1 and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Malhotra Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Malhotra Family Foundation Inc is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -37.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95 |
| Total Expenses | $0 |
| Surplus / Deficit | +$95 |
| Total Assets | $43K |
| Total Liabilities | $1 |
| Net Assets | $43K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, Malhotra Family Foundation Inc reported a surplus of $95 with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Malhotra Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -37.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +313.0% | -100.0% | +0.2% |
| 2022 | -23.3% | — | -5.4% |
| 2021 | +2900.0% | — | +0.1% |
| 2020 | -99.8% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Malhotra Family Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Malhotra Family Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Malhotra Family Foundation Inc
Is Malhotra Family Foundation Inc a legitimate charity?
Malhotra Family Foundation Inc (EIN: 814499572) is a registered tax-exempt nonprofit based in Mississippi. It has 5 years of IRS 990 filings on record. Total revenue: $1. No red flags identified. Financial health grade: A.
How does Malhotra Family Foundation Inc spend its money?
Malhotra Family Foundation Inc reported $1 in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Malhotra Family Foundation Inc tax-deductible?
Malhotra Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 814499572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Malhotra Family Foundation Inc located?
Malhotra Family Foundation Inc is headquartered in Southaven, Mississippi and files with the IRS under EIN 814499572.
How many years of IRS 990 filings does Malhotra Family Foundation Inc have?
Malhotra Family Foundation Inc has 5 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 $1 in total revenue.
Filing History
IRS 990 filing history for Malhotra Family Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Malhotra Family Foundation Inc's revenue has declined by 84.8%, moving from $623 to $95. Total assets decreased by 5.1% over the same period, from $46K to $43K. The organization holds $1 in liabilities against $43K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95 | $0 | $43K | $1 | — | — |
| 2022 | $23 | $3K | $43K | $1 | — | View 990 |
| 2021 | $30 | $0 | $46K | $1 | — | — |
| 2020 | $1 | $0 | $46K | $1 | — | — |
| 2019 | $623 | $0 | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95, expenses of $0, and assets of $43K (revenue +313.0% year-over-year).
- 2022: Revenue of $23, expenses of $3K, and assets of $43K (revenue -23.3% year-over-year).
- 2021: Revenue of $30, expenses of $0, and assets of $46K (revenue +2900.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $46K (revenue -99.8% year-over-year).
- 2019: Revenue of $623, expenses of $0, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Malhotra Family Foundation Inc:
Data Sources and Methodology
This transparency report for Malhotra Family 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.