Maloney Family Foundation Inc

Maloney Family Foundation consistently disburses more than annual revenue, maintaining low liabilities and no officer compensation.

EIN: 201296117 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28

$201KRevenue
$551KAssets
80/100Mission Score (Excellent)
T22
Maloney Family Foundation Inc Financial Summary
MetricValue
Total Revenue$201K
Total Expenses$158K
Program Spending85%
CEO/Top Officer Pay$550,929.
Net Assets$544K
Transparency Score80/100

Is Maloney Family Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Maloney Family Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Maloney Family Foundation Inc

Maloney Family Foundation Inc (EIN: 201296117) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $201K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maloney Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
7Years of Filings
MixedRevenue Trajectory

Maloney Family Foundation Inc is a small nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 8.4%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$20K
Total Expenses$158K
Surplus / Deficit$-137,362
Total Assets$544K
Total Liabilities$1
Net Assets$544K
Operating Margin-675.5%
Debt-to-Asset Ratio0.0%
Months of Reserves41.4 months

Financial Health Grade: B

In 2020, Maloney Family Foundation Inc reported a deficit of $137K with expenses exceeding revenue, holds 41.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 7 years of filings (2011–2020), Maloney Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.

YearRevenue ChangeExpense ChangeAsset Change
2020-84.2%-31.7%-20.2%
2019+102.3%+72.5%+34.5%
2015+73.9%+27.0%-12.2%
2014-8.5%-10.1%-10.7%
2013+19.3%+68.2%-10.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Maloney Family Foundation Inc. demonstrates a consistent operational pattern as a grant-making organization, with its assets fluctuating over the years, currently at $550,929. A notable aspect of its financial health is the recurring deficit spending, where expenses frequently exceed revenue. For instance, in 2020, expenses were $157,698 against revenues of $20,336, and in 2019, expenses were $231,007 against revenues of $128,788. This trend suggests the foundation is primarily disbursing funds from its existing asset base rather than relying on annual fundraising to cover its grant-making activities. Regarding spending efficiency, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to precisely assess efficiency. However, the consistent reporting of 0% officer compensation across all available filings indicates a lean operational structure at the executive level, which is a positive sign for minimizing administrative overhead. The foundation's transparency appears adequate given the consistent filing of IRS Form 990s, which provides public access to its financial data. The low liabilities reported ($1 across all periods) also suggests sound financial management in terms of debt. Overall, while the foundation consistently spends more than it brings in annually, this is not necessarily a red flag for a family foundation designed to disburse an endowment. The lack of officer compensation is a strong positive indicator of efficiency. A deeper dive into the specific grant recipients and administrative costs would provide a more complete picture of its spending efficiency and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maloney Family Foundation Inc with a Mission Score of 80 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: 15%
  • programs: 85%
  • fundraising: 0%

According to IRS 990 filings, Maloney Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

$20KTotal Revenue
$158KTotal Expenses
$544KTotal Assets
$1Total Liabilities
$544KNet Assets
  • The organization reported a deficit of $137K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that officers are not compensated, which is highly efficient for an organization of its size with assets around $550,929.

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 Maloney Family Foundation Inc's IRS 990 filings:

  • Consistent annual expenses exceeding revenue, indicating reliance on asset drawdowns rather than self-sufficiency through fundraising.

Strengths

The following positive indicators were identified for Maloney Family Foundation Inc:

  • Consistent 0% officer compensation, demonstrating highly efficient executive management.
  • Very low liabilities ($1 across all periods), indicating strong financial control and minimal debt.
  • Consistent IRS 990 filings, showing good transparency and compliance.

Frequently Asked Questions about Maloney Family Foundation Inc

Is Maloney Family Foundation Inc a legitimate charity?

Maloney Family Foundation Inc (EIN: 201296117) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 80/100. It has 7 years of IRS 990 filings on record. Total revenue: $201K. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does Maloney Family Foundation Inc spend its money?

Maloney Family Foundation Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Maloney Family Foundation Inc tax-deductible?

Maloney Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201296117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Maloney Family Foundation Inc CEO make?

Maloney Family Foundation Inc's highest-compensated officer earns $550,929. annually. The organization reported $201K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Maloney Family Foundation Inc compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Maloney Family Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Maloney Family Foundation Inc located?

Maloney Family Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 201296117. It is classified under NTEE code T22.

How many years of IRS 990 filings does Maloney Family Foundation Inc have?

Maloney Family Foundation Inc 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 $201K in total revenue.

Is Maloney Family Foundation Inc. financially sustainable given its recurring deficit spending?

The foundation consistently spends more than its annual revenue (e.g., $157,698 expenses vs. $20,336 revenue in 2020). This suggests it operates by drawing down its assets, which is common for family foundations disbursing an endowment. Its sustainability depends on the size of its underlying endowment and its long-term disbursement strategy.

What is the primary purpose of the Maloney Family Foundation Inc.?

Based on the NTEE code T22 (Foundations, Grantmaking), the primary purpose is likely grant-making to support other charitable organizations or causes, rather than direct program delivery.

How does the lack of officer compensation impact the foundation's operations?

The 0% officer compensation reported across all filings indicates that the foundation's leadership is likely volunteer-based or compensated through other means not reported as officer compensation. This significantly reduces administrative overhead and allows more funds to be directed towards its mission.

Filing History

IRS 990 filing history for Maloney Family Foundation Inc showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2020), Maloney Family Foundation Inc's revenue has grown by 106%, moving from $10K to $20K. Total assets decreased by 28.4% over the same period, from $759K to $544K. Total functional expenses rose by 111.9%, from $74K to $158K. In its most recent filing year (2020), Maloney Family Foundation Inc reported a deficit of $137K, with expenses exceeding revenue. The organization holds $1 in liabilities against $544K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $544K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $20K $158K $544K $1 View 990
2019 $129K $231K $681K $1
2015 $64K $134K $506K $1 View 990
2014 $37K $105K $576K $1 View 990
2013 $40K $117K $645K $1 View 990
2012 $34K $70K $723K $1 View 990
2011 $10K $74K $759K $1 View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $20K, expenses of $158K, and assets of $544K (revenue -84.2% year-over-year).
  • 2019: Revenue of $129K, expenses of $231K, and assets of $681K (revenue +102.3% year-over-year).
  • 2015: Revenue of $64K, expenses of $134K, and assets of $506K (revenue +73.9% year-over-year).
  • 2014: Revenue of $37K, expenses of $105K, and assets of $576K (revenue -8.5% year-over-year).
  • 2013: Revenue of $40K, expenses of $117K, and assets of $645K (revenue +19.3% year-over-year).
  • 2012: Revenue of $34K, expenses of $70K, and assets of $723K (revenue +239.6% year-over-year).
  • 2011: Revenue of $10K, expenses of $74K, and assets of $759K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Maloney Family Foundation Inc:

2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Maloney 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.

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