Merry Hearts Foundation
Merry Hearts Foundation reports no revenue or assets in its latest filing.
EIN: 200746445 · Middletown, DE · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Merry Hearts Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Merry Hearts Foundation
Merry Hearts Foundation (EIN: 200746445) is a nonprofit organization based in Middletown, DE, classified under NTEE code B82. 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 Merry Hearts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
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 Merry Hearts Foundation with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Merry Hearts Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Given $0 in revenue and assets, there is no executive compensation reported, indicating no financial activity to support such expenses.
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 Merry Hearts Foundation's IRS 990 filings:
- No reported revenue or assets, indicating inactivity or very early stage of operation.
Strengths
The following positive indicators were identified for Merry Hearts Foundation:
- No reported liabilities, as there is no financial activity.
Frequently Asked Questions about Merry Hearts Foundation
Is Merry Hearts Foundation a legitimate charity?
Merry Hearts Foundation (EIN: 200746445) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 50/100. 1 red flag identified. 1 strength noted. Financial health grade: D.
How does Merry Hearts Foundation spend its money?
Merry Hearts Foundation reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Merry Hearts Foundation tax-deductible?
Merry Hearts Foundation is registered as a tax-exempt nonprofit (EIN: 200746445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Merry Hearts Foundation CEO make?
Merry Hearts Foundation's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Merry Hearts Foundation compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Merry Hearts Foundation is near average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Merry Hearts Foundation located?
Merry Hearts Foundation is headquartered in Middletown, Delaware and files with the IRS under EIN 200746445. It is classified under NTEE code B82.
Is Merry Hearts Foundation a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its charitable effectiveness. It appears to be either newly established, inactive, or not yet operational.
What are Merry Hearts Foundation's programs?
The IRS 990 data does not provide details on specific programs, as there is no financial activity or spending reported for any program services.
Data Sources and Methodology
This transparency report for Merry Hearts 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.