Mali Rising Foundation
Mali Rising Foundation consistently directs all funds to programs with no officer compensation.
EIN: 201927457 · Salt Lake Cty, UT · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $210K |
| Total Expenses | $252K |
| Program Spending | 90% |
| Net Assets | $145K |
| Transparency Score | 92/100 |
Is Mali Rising Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mali Rising Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mali Rising Foundation
Mali Rising Foundation (EIN: 201927457) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code B90. The organization reported total revenue of $210K and total assets of $145K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mali Rising Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mali Rising Foundation is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $252K |
| Surplus / Deficit | +$2K |
| Total Assets | $166K |
| Total Liabilities | $22K |
| Net Assets | $145K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 13.0% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Mali Rising Foundation reported a surplus of $2K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Mali Rising Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.6% | +22.5% | +3.2% |
| 2022 | +36.2% | +40.1% | -10.7% |
| 2021 | -23.6% | -24.5% | -5.1% |
| 2020 | -21.4% | +10.1% | -2.1% |
| 2019 | -15.7% | -31.9% | +38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Mali Rising Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mali Rising Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a significant positive for a nonprofit of its size, ensuring that all funds are directed towards its mission.
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 Mali Rising Foundation:
- Consistent 0% officer compensation, maximizing program impact.
- Strong program spending ratio, indicating efficient use of donations.
- Healthy asset base relative to annual expenses ($166,290 assets vs. $251,639 expenses in 2023).
- Low liabilities, demonstrating responsible financial management ($21,564 in 2023).
- Long history of IRS 990 filings (14 filings), indicating strong transparency and compliance.
Frequently Asked Questions about Mali Rising Foundation
Is Mali Rising Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mali Rising Foundation (EIN: 201927457) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Mali Rising Foundation spend its money?
Mali Rising Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mali Rising Foundation tax-deductible?
Mali Rising Foundation is registered as a tax-exempt nonprofit (EIN: 201927457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mali Rising Foundation's spending goes to programs?
Mali Rising Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mali Rising Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mali Rising Foundation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mali Rising Foundation located?
Mali Rising Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 201927457. It is classified under NTEE code B90.
How many years of IRS 990 filings does Mali Rising Foundation have?
Mali Rising Foundation has 14 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 $210K in total revenue.
Is Mali Rising Foundation a good charity?
Based on the provided data, Mali Rising Foundation appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its program spending is high, and it maintains a healthy financial position with reasonable assets and low liabilities.
How has Mali Rising Foundation's revenue trended over the last five years?
Over the last five years, Mali Rising Foundation's revenue has fluctuated: $227,220 (2019), $178,594 (2020), $136,478 (2021), $185,922 (2022), and $253,937 (2023). This shows some variability but an upward trend in the most recent year.
What is the organization's financial stability?
Mali Rising Foundation demonstrates reasonable financial stability. Its assets of $166,290 in 2023 provide a good buffer against its annual expenses of $251,639. Liabilities are consistently low, at $21,564 in 2023, indicating responsible debt management.
Filing History
IRS 990 filing history for Mali Rising Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Mali Rising Foundation's revenue has declined by 53.5%, moving from $546K to $254K. Total assets increased by 4.8% over the same period, from $159K to $166K. Total functional expenses fell by 58.6%, from $607K to $252K. In its most recent filing year (2023), Mali Rising Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $22K in liabilities against $166K in assets (debt-to-asset ratio: 13.0%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $254K | $252K | $166K | $22K | — | View 990 |
| 2022 | $186K | $205K | $161K | $19K | — | View 990 |
| 2021 | $136K | $147K | $180K | $18K | — | View 990 |
| 2020 | $179K | $194K | $190K | $18K | — | View 990 |
| 2019 | $227K | $176K | $194K | $7K | — | View 990 |
| 2018 | $270K | $259K | $140K | $2K | — | View 990 |
| 2017 | $243K | $207K | $129K | $2K | — | View 990 |
| 2016 | $117K | $164K | $95K | $3K | — | View 990 |
| 2015 | $235K | $150K | $142K | $4K | — | View 990 |
| 2014 | $155K | $119K | $56K | $182 | — | View 990 |
| 2013 | $106K | $165K | $20K | $2K | — | View 990 |
| 2012 | $392K | $376K | $194K | $116K | — | View 990 |
| 2011 | $426K | $413K | $152K | $90K | — | View 990 |
| 2010 | $546K | $607K | $159K | $109K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $254K, expenses of $252K, and assets of $166K (revenue +36.6% year-over-year).
- 2022: Revenue of $186K, expenses of $205K, and assets of $161K (revenue +36.2% year-over-year).
- 2021: Revenue of $136K, expenses of $147K, and assets of $180K (revenue -23.6% year-over-year).
- 2020: Revenue of $179K, expenses of $194K, and assets of $190K (revenue -21.4% year-over-year).
- 2019: Revenue of $227K, expenses of $176K, and assets of $194K (revenue -15.7% year-over-year).
- 2018: Revenue of $270K, expenses of $259K, and assets of $140K (revenue +11.1% year-over-year).
- 2017: Revenue of $243K, expenses of $207K, and assets of $129K (revenue +106.9% year-over-year).
- 2016: Revenue of $117K, expenses of $164K, and assets of $95K (revenue -50.0% year-over-year).
- 2015: Revenue of $235K, expenses of $150K, and assets of $142K (revenue +51.0% year-over-year).
- 2014: Revenue of $155K, expenses of $119K, and assets of $56K (revenue +46.2% year-over-year).
- 2013: Revenue of $106K, expenses of $165K, and assets of $20K (revenue -72.9% year-over-year).
- 2012: Revenue of $392K, expenses of $376K, and assets of $194K (revenue -8.0% year-over-year).
- 2011: Revenue of $426K, expenses of $413K, and assets of $152K (revenue -22.0% year-over-year).
- 2010: Revenue of $546K, expenses of $607K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mali Rising Foundation:
Data Sources and Methodology
This transparency report for Mali Rising 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.