Memoir Journal
Memoir Journal reports $0 revenue and assets in latest filing after years of volatile finances.
EIN: 208061894 · Reno, NV · NTEE: A33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $505 |
| Program Spending | 70% |
| Net Assets | $4K |
| Transparency Score | 30/100 |
Is Memoir Journal Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Memoir Journal directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Memoir Journal
Memoir Journal (EIN: 208061894) is a nonprofit organization based in Reno, NV, classified under NTEE code A33. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memoir Journal's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memoir Journal is a micro nonprofit that has been operating for 18 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -83.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $283 |
| Total Expenses | $505 |
| Surplus / Deficit | $-222 |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | -78.4% |
| Months of Reserves | 97.1 months |
Financial Health Grade: B
In 2015, Memoir Journal reported a deficit of $222 with expenses exceeding revenue, holds 97.1 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Memoir Journal's revenue has declined at a compound annual growth rate (CAGR) of -83.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -104.4% | -24.3% | -99.1% |
| 2013 | -25.5% | +27.1% | +10.1% |
| 2012 | +71.8% | +0.7% | +442.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Memoir Journal with a Mission Score of 30 out of 100 (Poor). 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, Memoir Journal allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $222, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that the organization's leadership may be entirely volunteer-based or that compensation is not being reported in this category.
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 Memoir Journal's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or severe financial distress.
- Highly volatile revenue and expense figures across reporting periods, including negative revenue in 201403.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- Significant expenses ($344,052 in 201403) incurred despite negative revenue in the same period.
Strengths
The following positive indicators were identified for Memoir Journal:
- Consistent reporting of 0% officer compensation, suggesting a volunteer-driven model or efficient use of funds for leadership.
Frequently Asked Questions about Memoir Journal
Is Memoir Journal a legitimate charity?
Memoir Journal (EIN: 208061894) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 30/100. It has 5 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does Memoir Journal spend its money?
Memoir Journal directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Memoir Journal tax-deductible?
Memoir Journal is registered as a tax-exempt nonprofit (EIN: 208061894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Memoir Journal's spending goes to programs?
Memoir Journal directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Memoir Journal compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Memoir Journal is below average for NTEE category A33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Memoir Journal located?
Memoir Journal is headquartered in Reno, Nevada and files with the IRS under EIN 208061894. It is classified under NTEE code A33.
How many years of IRS 990 filings does Memoir Journal have?
Memoir Journal has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the drastic decline to $0 revenue and assets in the latest filing?
The provided data does not specify the reason for the sudden drop to $0 revenue and assets. This could indicate a cessation of operations, a merger, or a significant financial event not detailed in the summary.
Is Memoir Journal still an active organization?
Given the latest reported revenue and assets of $0, it is highly questionable whether Memoir Journal is still an active organization. Further investigation into their current status would be necessary.
How did Memoir Journal manage expenses of $344,052 in 201403 with negative revenue of $-20,824?
This significant discrepancy suggests the organization likely relied heavily on prior year reserves, debt, or other unreported funding sources to cover expenses during that period.
What is the breakdown of expenses (program, admin, fundraising) for Memoir Journal?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it impossible to assess spending efficiency accurately.
Filing History
IRS 990 filing history for Memoir Journal showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Memoir Journal's revenue has declined by 99.9%, moving from $373K to $283. Total assets decreased by 93.6% over the same period, from $64K to $4K. Total functional expenses fell by 99.9%, from $355K to $505. In its most recent filing year (2015), Memoir Journal reported a deficit of $222, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $283 | $505 | $4K | $0 | — | View 990 |
| 2014 | $-20,824 | $344K | $4K | $0 | — | View 990 |
| 2013 | $477K | $455K | $384K | $15K | — | View 990 |
| 2012 | $641K | $358K | $348K | $2K | — | View 990 |
| 2011 | $373K | $355K | $64K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $283, expenses of $505, and assets of $4K.
- 2014: Revenue of $-20,824, expenses of $344K, and assets of $4K (revenue -104.4% year-over-year).
- 2013: Revenue of $477K, expenses of $455K, and assets of $384K (revenue -25.5% year-over-year).
- 2012: Revenue of $641K, expenses of $358K, and assets of $348K (revenue +71.8% year-over-year).
- 2011: Revenue of $373K, expenses of $355K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memoir Journal:
Data Sources and Methodology
This transparency report for Memoir Journal 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.