Mesdag Family Foundation
Mesdag Family Foundation consistently reports zero officer compensation and maintains a robust asset base.
EIN: 133651269 · Los Angeles, CA · Updated: 2026-03-28
Is Mesdag Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mesdag Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mesdag Family Foundation
Mesdag Family Foundation (EIN: 133651269) is a nonprofit organization based in Los Angeles, CA. The organization reported total revenue of $3.7M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mesdag Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mesdag Family Foundation is a mid-size nonprofit that has been operating for 34 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $842K |
| Surplus / Deficit | +$446K |
| Total Assets | $14.5M |
| Total Liabilities | $1 |
| Net Assets | $14.5M |
| Operating Margin | 34.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 207.2 months |
Financial Health Grade: A
In 2023, Mesdag Family Foundation reported a surplus of $446K with revenue exceeding expenses, holds 207.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Mesdag Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +81.8% | +16.1% | +3.4% |
| 2022 | -13.4% | -15.8% | -2.8% |
| 2021 | +108.1% | +19.7% | -0.6% |
| 2015 | -362.2% | +13.3% | -8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Mesdag Family Foundation with a Mission Score of 85 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, Mesdag Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $446K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Mesdag Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for a foundation of its size with assets exceeding $14 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.
Red Flags
The following concerns were identified during AI analysis of Mesdag Family Foundation's IRS 990 filings:
- NTEE Code is unknown, making it difficult to assess specific programmatic focus.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full spending efficiency analysis.
Strengths
The following positive indicators were identified for Mesdag Family Foundation:
- Consistent reporting of 0% officer compensation, indicating low overhead for leadership.
- Healthy and growing asset base, with assets increasing from $14,052,331 in 2022 to $14,531,731 in 2023.
- Revenue significantly exceeded expenses in the latest filing ($1,288,199 vs. $841,771), contributing to financial stability.
- Minimal liabilities ($1 reported in recent years) indicates strong financial health and solvency.
Frequently Asked Questions about Mesdag Family Foundation
Is Mesdag Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mesdag Family Foundation (EIN: 133651269) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Mesdag Family Foundation spend its money?
Mesdag Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mesdag Family Foundation tax-deductible?
Mesdag Family Foundation is registered as a tax-exempt nonprofit (EIN: 133651269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose or mission of the Mesdag Family Foundation?
Based on the available financial data, the Mesdag Family Foundation operates as a private foundation, likely engaging in grantmaking. However, without an NTEE code or program service accomplishments, the specific areas of its philanthropic focus are not detailed in the provided data.
How does the foundation manage its administrative costs given zero officer compensation?
The consistent reporting of zero officer compensation suggests that administrative functions might be handled by unpaid volunteers, through external contracted services not classified as officer compensation, or by staff whose compensation is categorized differently within the expense structure. A detailed expense breakdown would clarify this.
Is the foundation's revenue stable?
The foundation's revenue has fluctuated significantly over the years, from a negative revenue of $-162,256 in 2015 to a high of $3,132,513 in 2013 and $1,288,199 in 2023. This variability is common for foundations whose revenue is heavily influenced by investment performance.
Filing History
IRS 990 filing history for Mesdag Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Mesdag Family Foundation's revenue has grown by 552.2%, moving from $198K to $1.3M. Total assets increased by 10.1% over the same period, from $13.2M to $14.5M. Total functional expenses rose by 132%, from $363K to $842K. In its most recent filing year (2023), Mesdag Family Foundation reported a surplus of $446K, with revenue exceeding expenses. The organization holds $1 in liabilities against $14.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $842K | $14.5M | $1 | — | View 990 |
| 2022 | $709K | $725K | $14.1M | $1 | — | View 990 |
| 2021 | $818K | $861K | $14.5M | $1 | — | View 990 |
| 2020 | $393K | $720K | $14.6M | $1 | — | View 990 |
| 2015 | $-162,256 | $1.1M | $13.0M | $0 | — | View 990 |
| 2014 | $62K | $959K | $14.3M | $0 | — | View 990 |
| 2013 | $3.1M | $824K | $15.2M | $0 | — | View 990 |
| 2012 | $199K | $536K | $12.9M | $0 | — | View 990 |
| 2011 | $198K | $363K | $13.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $842K, and assets of $14.5M (revenue +81.8% year-over-year).
- 2022: Revenue of $709K, expenses of $725K, and assets of $14.1M (revenue -13.4% year-over-year).
- 2021: Revenue of $818K, expenses of $861K, and assets of $14.5M (revenue +108.1% year-over-year).
- 2020: Revenue of $393K, expenses of $720K, and assets of $14.6M.
- 2015: Revenue of $-162,256, expenses of $1.1M, and assets of $13.0M (revenue -362.2% year-over-year).
- 2014: Revenue of $62K, expenses of $959K, and assets of $14.3M (revenue -98.0% year-over-year).
- 2013: Revenue of $3.1M, expenses of $824K, and assets of $15.2M (revenue +1471.3% year-over-year).
- 2012: Revenue of $199K, expenses of $536K, and assets of $12.9M (revenue +0.9% year-over-year).
- 2011: Revenue of $198K, expenses of $363K, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mesdag Family Foundation:
Data Sources and Methodology
This transparency report for Mesdag Family 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.