Melvin R Mooty And Sally R Mootyfamily Foundation
Melvin R Mooty And Sally R Mootyfamily Foundation reports substantial asset growth with minimal expenses and no officer compensation in its latest filing.
EIN: 205773931 · Edina, MN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $30K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.3 |
| Net Assets | $2.4M |
| Transparency Score | 92/100 |
Is Melvin R Mooty And Sally R Mootyfamily Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Melvin R Mooty And Sally R Mootyfamily Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Melvin R Mooty And Sally R Mootyfamily Foundation
Melvin R Mooty And Sally R Mootyfamily Foundation (EIN: 205773931) is a nonprofit organization based in Edina, MN, classified under NTEE code T20. The organization reported total revenue of $2.2M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Melvin R Mooty And Sally R Mootyfamily Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Melvin R Mooty And Sally R Mootyfamily Foundation is a mid-size nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 52.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $30K |
| Surplus / Deficit | +$2.2M |
| Total Assets | $2.4M |
| Total Liabilities | $1 |
| Net Assets | $2.4M |
| Operating Margin | 98.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 957.6 months |
Financial Health Grade: A
In 2020, Melvin R Mooty And Sally R Mootyfamily Foundation reported a surplus of $2.2M with revenue exceeding expenses, holds 957.6 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), Melvin R Mooty And Sally R Mootyfamily Foundation's revenue has grown at a compound annual growth rate (CAGR) of 52.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +2650975.0% | +170.1% | +1109.6% |
| 2019 | -99.5% | -69.5% | +83.7% |
| 2015 | -92.7% | -70.1% | -16.0% |
| 2014 | +120.0% | -0.6% | +296.9% |
| 2013 | -35.8% | -19.2% | -79.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Melvin R Mooty And Sally R Mootyfamily 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Melvin R Mooty And Sally R Mootyfamily 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.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its size with assets exceeding $2.3 million.
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 Melvin R Mooty And Sally R Mootyfamily Foundation:
- Strong financial growth, with assets increasing to $2,384,122 in 202012.
- Consistently 0% officer compensation across all filings, indicating efficient use of funds.
- Very low expenses ($29,876 in 202012) relative to revenue ($2,226,903), suggesting strong financial management and asset accumulation.
- Minimal liabilities reported in the latest filing ($1 in 202012).
Frequently Asked Questions about Melvin R Mooty And Sally R Mootyfamily Foundation
Is Melvin R Mooty And Sally R Mootyfamily Foundation a legitimate charity?
Melvin R Mooty And Sally R Mootyfamily Foundation (EIN: 205773931) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 92/100. It has 7 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Melvin R Mooty And Sally R Mootyfamily Foundation spend its money?
Melvin R Mooty And Sally R Mootyfamily Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Melvin R Mooty And Sally R Mootyfamily Foundation tax-deductible?
Melvin R Mooty And Sally R Mootyfamily Foundation is registered as a tax-exempt nonprofit (EIN: 205773931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Melvin R Mooty And Sally R Mootyfamily Foundation CEO make?
Melvin R Mooty And Sally R Mootyfamily Foundation's highest-compensated officer earns $2.3 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Melvin R Mooty And Sally R Mootyfamily Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Melvin R Mooty And Sally R Mootyfamily Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Melvin R Mooty And Sally R Mootyfamily Foundation located?
Melvin R Mooty And Sally R Mootyfamily Foundation is headquartered in Edina, Minnesota and files with the IRS under EIN 205773931. It is classified under NTEE code T20.
How many years of IRS 990 filings does Melvin R Mooty And Sally R Mootyfamily Foundation have?
Melvin R Mooty And Sally R Mootyfamily Foundation 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 $2.2M in total revenue.
Is Melvin R Mooty And Sally R Mootyfamily Foundation a good charity?
Based on the available IRS 990 data, the foundation appears to be a very good charity from a financial perspective. It has demonstrated significant asset growth, very low expenses relative to its revenue in the latest period, and consistently reports 0% officer compensation, indicating efficient use of funds and a strong focus on its mission.
What is the primary use of the foundation's funds?
The primary use of the foundation's funds appears to be asset building and grantmaking, given the very low reported expenses relative to revenue in the latest period ($2,226,903 revenue vs. $29,876 expenses in 202012). The NTEE code T20 (Foundations, Philanthropy, and Grantmaking) also supports this, suggesting funds are primarily used for grants to other organizations or individuals.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, particularly between 201912 and 202012. Revenue jumped from $84 to $2,226,903, and assets increased from $197,095 to $2,384,122. This indicates a substantial influx of capital and strong financial management in the most recent period.
Filing History
IRS 990 filing history for Melvin R Mooty And Sally R Mootyfamily Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Melvin R Mooty And Sally R Mootyfamily Foundation's revenue has grown by 4432.3%, moving from $49K to $2.2M. Total assets increased by 3154% over the same period, from $73K to $2.4M. Total functional expenses fell by 27%, from $41K to $30K. In its most recent filing year (2020), Melvin R Mooty And Sally R Mootyfamily Foundation reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2.2M | $30K | $2.4M | $1 | — | — |
| 2019 | $84 | $11K | $197K | $10K | — | View 990 |
| 2015 | $16K | $36K | $107K | $0 | — | View 990 |
| 2014 | $217K | $121K | $128K | $0 | — | View 990 |
| 2013 | $99K | $122K | $32K | $0 | — | View 990 |
| 2012 | $153K | $151K | $156K | $100K | — | View 990 |
| 2011 | $49K | $41K | $73K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2.2M, expenses of $30K, and assets of $2.4M (revenue +2650975.0% year-over-year).
- 2019: Revenue of $84, expenses of $11K, and assets of $197K (revenue -99.5% year-over-year).
- 2015: Revenue of $16K, expenses of $36K, and assets of $107K (revenue -92.7% year-over-year).
- 2014: Revenue of $217K, expenses of $121K, and assets of $128K (revenue +120.0% year-over-year).
- 2013: Revenue of $99K, expenses of $122K, and assets of $32K (revenue -35.8% year-over-year).
- 2012: Revenue of $153K, expenses of $151K, and assets of $156K (revenue +212.2% year-over-year).
- 2011: Revenue of $49K, expenses of $41K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Melvin R Mooty And Sally R Mootyfamily Foundation:
Data Sources and Methodology
This transparency report for Melvin R Mooty And Sally R Mootyfamily 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.