Mdv Foundation
Mdv Foundation shows inconsistent revenue and expenses, with recent years operating at a deficit.
EIN: 205558065 · Lake Charles, LA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $40K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $341K |
| Transparency Score | 65/100 |
Is Mdv Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mdv Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mdv Foundation
Mdv Foundation (EIN: 205558065) is a nonprofit organization based in Lake Charles, LA, classified under NTEE code T22. The organization reported total revenue of $197K and total assets of $404K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mdv Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mdv Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 102.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $40K |
| Surplus / Deficit | $-26,070 |
| Total Assets | $341K |
| Total Liabilities | $1 |
| Net Assets | $341K |
| Operating Margin | -182.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 101.4 months |
Financial Health Grade: B
In 2023, Mdv Foundation reported a deficit of $26K with expenses exceeding revenue, holds 101.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mdv Foundation's revenue has grown at a compound annual growth rate (CAGR) of 102.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.3% | +39.3% | -7.1% |
| 2022 | -84.9% | -11.2% | -4.2% |
| 2021 | +145.7% | -2.7% | +15.6% |
| 2020 | +108.4% | +31.5% | +0.2% |
| 2019 | -96.0% | +286.2% | -17.7% |
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 Mdv Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mdv Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led or unpaid executive structure for an organization with assets exceeding $400,000.
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 Mdv Foundation's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023 expenses $40,329 vs. revenue $14,259).
- Highly inconsistent revenue streams across filing periods, making financial planning and sustainability challenging.
- Lack of detailed expense breakdown in provided data makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Mdv Foundation:
- Consistently reports 0% officer compensation, indicating volunteer leadership or unpaid executives.
- Maintains very low liabilities ($0 or $1), suggesting strong financial management regarding debt.
- Significant asset base ($404,421 latest reported) provides a buffer for operations.
Frequently Asked Questions about Mdv Foundation
Is Mdv Foundation a legitimate charity?
Mdv Foundation (EIN: 205558065) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $197K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mdv Foundation spend its money?
Mdv Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Mdv Foundation tax-deductible?
Mdv Foundation is registered as a tax-exempt nonprofit (EIN: 205558065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mdv Foundation CEO make?
Mdv Foundation's highest-compensated officer earns $400,000. annually. The organization reported $197K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mdv Foundation's spending goes to programs?
Mdv Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Mdv Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Mdv Foundation 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 Mdv Foundation located?
Mdv Foundation is headquartered in Lake Charles, Louisiana and files with the IRS under EIN 205558065. It is classified under NTEE code T22.
How many years of IRS 990 filings does Mdv Foundation have?
Mdv Foundation has 10 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 $197K in total revenue.
Is Mdv Foundation a good charity?
Mdv Foundation demonstrates some positive aspects, such as zero executive compensation and low liabilities. However, its financial sustainability is questionable given that expenses have exceeded revenue in recent years (e.g., 2023 expenses of $40,329 vs. revenue of $14,259). A 'good' charity typically maintains consistent program delivery and financial stability.
Why is there such a large fluctuation in revenue?
The revenue shows extreme fluctuations, from $406,314 in 2015 to as low as $1 in 2014. This could indicate reliance on large, infrequent donations or specific fundraising events rather than a consistent donor base or program service fees.
How does the organization cover its expenses when revenue is low?
In periods where expenses significantly exceed revenue, such as 2023 ($40,329 expenses vs. $14,259 revenue), the organization likely covers the deficit by drawing from its accumulated assets, which stood at $340,619 in 2023.
Filing History
IRS 990 filing history for Mdv Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mdv Foundation's revenue has grown by 475200%, moving from $3 to $14K. Total assets increased by 6018.5% over the same period, from $6K to $341K. Total functional expenses rose by 7965.8%, from $500 to $40K. In its most recent filing year (2023), Mdv Foundation reported a deficit of $26K, with expenses exceeding revenue. The organization holds $1 in liabilities against $341K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $341K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $40K | $341K | $1 | — | — |
| 2022 | $13K | $29K | $367K | $1 | — | — |
| 2021 | $84K | $33K | $383K | $1 | — | View 990 |
| 2020 | $34K | $34K | $331K | $1 | — | — |
| 2019 | $16K | $25K | $331K | $0 | — | View 990 |
| 2015 | $406K | $7K | $402K | $1 | — | View 990 |
| 2014 | $1 | $1K | $2K | $1 | — | View 990 |
| 2013 | $1 | $1K | $3K | $1 | — | View 990 |
| 2012 | $2 | $2K | $4K | $1 | — | View 990 |
| 2011 | $3 | $500 | $6K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $40K, and assets of $341K (revenue +12.3% year-over-year).
- 2022: Revenue of $13K, expenses of $29K, and assets of $367K (revenue -84.9% year-over-year).
- 2021: Revenue of $84K, expenses of $33K, and assets of $383K (revenue +145.7% year-over-year).
- 2020: Revenue of $34K, expenses of $34K, and assets of $331K (revenue +108.4% year-over-year).
- 2019: Revenue of $16K, expenses of $25K, and assets of $331K (revenue -96.0% year-over-year).
- 2015: Revenue of $406K, expenses of $7K, and assets of $402K (revenue +40631300.0% year-over-year).
- 2014: Revenue of $1, expenses of $1K, and assets of $2K (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $1K, and assets of $3K (revenue -50.0% year-over-year).
- 2012: Revenue of $2, expenses of $2K, and assets of $4K (revenue -33.3% year-over-year).
- 2011: Revenue of $3, expenses of $500, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mdv Foundation:
Data Sources and Methodology
This transparency report for Mdv 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.