Mall Family Foundation
Mall Family Foundation maintains strong assets and zero officer compensation, with fluctuating revenue and expenses.
EIN: 208058288 · Rockford, MI · NTEE: T20 · Updated: 2026-03-28
Is Mall Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mall Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mall Family Foundation
Mall Family Foundation (EIN: 208058288) is a nonprofit organization based in Rockford, MI, classified under NTEE code T20. The organization reported total revenue of $1.5M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mall Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mall Family 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: 90%
- fundraising: 0%
According to IRS 990 filings, Mall Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers do not receive salaries, which is highly favorable for resource allocation to 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.
Red Flags
The following concerns were identified during AI analysis of Mall Family Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $-10,851 in 2021 to $1,057,144 in 2022) could indicate an unstable funding model.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data limits granular financial analysis.
Strengths
The following positive indicators were identified for Mall Family Foundation:
- Consistent reporting of 0% officer compensation, indicating high dedication of funds to mission.
- Strong asset base, consistently above $1 million, providing financial stability.
- Long history of IRS 990 filings (10 filings), demonstrating commitment to transparency.
- Low liabilities, consistently reported as $0 or $1, indicating minimal debt.
Frequently Asked Questions about Mall Family Foundation
Is Mall Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mall Family Foundation (EIN: 208058288) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Mall Family Foundation spend its money?
Mall Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mall Family Foundation tax-deductible?
Mall Family Foundation is registered as a tax-exempt nonprofit (EIN: 208058288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant revenue fluctuation, such as the negative revenue of $-10,851 in 2021 and the spike to $1,057,144 in 2022?
The filings do not provide specific details, but such fluctuations could be due to investment performance, large one-time donations, or specific grant cycles. Further investigation into their revenue sources would be needed.
How does the Mall Family Foundation allocate its expenses given the absence of officer compensation?
With 0% officer compensation, it is highly probable that the vast majority of expenses are directed towards program services and necessary administrative costs, though a detailed breakdown is not provided in the summary data.
What is the nature of the 'Liabilities=$1' reported in recent years?
A liability of $1 is nominal and likely represents a placeholder or a minor accounting entry rather than a significant financial obligation. It does not indicate financial distress.
Filing History
IRS 990 filing history for Mall Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mall Family Foundation's revenue has declined by 68.5%, moving from $545K to $172K. Total assets increased by 60.4% over the same period, from $1.4M to $2.3M. Total functional expenses rose by 67.3%, from $93K to $156K. In its most recent filing year (2023), Mall Family Foundation reported a surplus of $16K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $156K | $2.3M | $1 | — | — |
| 2022 | $1.1M | $97K | $2.2M | $1 | — | View 990 |
| 2021 | $-10,851 | $104K | $1.3M | $1 | — | View 990 |
| 2020 | $57K | $86K | $1.4M | $1 | — | — |
| 2019 | $55K | $99K | $1.4M | $0 | — | View 990 |
| 2015 | $137K | $11K | $1.5M | $0 | — | View 990 |
| 2014 | $149K | $44K | $1.3M | $0 | — | View 990 |
| 2013 | $59K | $16K | $1.2M | $0 | — | View 990 |
| 2012 | $323K | $540K | $1.2M | $0 | — | View 990 |
| 2011 | $545K | $93K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $156K, and assets of $2.3M (revenue -83.8% year-over-year).
- 2022: Revenue of $1.1M, expenses of $97K, and assets of $2.2M.
- 2021: Revenue of $-10,851, expenses of $104K, and assets of $1.3M (revenue -119.0% year-over-year).
- 2020: Revenue of $57K, expenses of $86K, and assets of $1.4M (revenue +4.8% year-over-year).
- 2019: Revenue of $55K, expenses of $99K, and assets of $1.4M (revenue -60.0% year-over-year).
- 2015: Revenue of $137K, expenses of $11K, and assets of $1.5M (revenue -8.5% year-over-year).
- 2014: Revenue of $149K, expenses of $44K, and assets of $1.3M (revenue +154.9% year-over-year).
- 2013: Revenue of $59K, expenses of $16K, and assets of $1.2M (revenue -81.8% year-over-year).
- 2012: Revenue of $323K, expenses of $540K, and assets of $1.2M (revenue -40.8% year-over-year).
- 2011: Revenue of $545K, expenses of $93K, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Mall 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.