Midori Foundation Inc
Midori Foundation Inc. maintains stable finances with no reported officer compensation.
EIN: 133682472 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Midori Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midori Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midori Foundation Inc
Midori Foundation Inc (EIN: 133682472) is a nonprofit organization based in New York, NY. The organization reported total revenue of $1.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midori Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midori Foundation Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$27K |
| Total Assets | $1.7M |
| Total Liabilities | $453K |
| Net Assets | $1.2M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 26.7% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2023, Midori Foundation Inc reported a surplus of $27K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 26.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Midori Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | +1.2% | +19.0% |
| 2022 | +53.4% | +0.6% | +6.1% |
| 2021 | -21.0% | +21.2% | -18.9% |
| 2020 | -4.2% | -22.6% | +19.4% |
| 2019 | +5.1% | +7.3% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Midori Foundation Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Midori Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-driven leadership or that compensation is covered by other means, which is highly efficient for a nonprofit of its size, with revenues consistently over $1 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 Midori Foundation Inc:
- Consistent financial stability with revenues often exceeding expenses (e.g., 2023 revenue $1,835,100 vs. expenses $1,808,321).
- Strong asset base, reaching $1,701,163 in 2023, providing financial resilience.
- 0% reported officer compensation across all filings, indicating highly efficient use of funds for leadership.
- Long filing history (13 filings) demonstrates consistent operation and transparency.
Frequently Asked Questions about Midori Foundation Inc
Is Midori Foundation Inc a legitimate charity?
Midori Foundation Inc (EIN: 133682472) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Midori Foundation Inc spend its money?
Midori Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Midori Foundation Inc tax-deductible?
Midori Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133682472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Midori Foundation Inc CEO make?
Midori Foundation Inc's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Midori Foundation Inc's spending goes to programs?
Midori Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Midori Foundation Inc located?
Midori Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133682472.
How many years of IRS 990 filings does Midori Foundation Inc have?
Midori Foundation Inc has 13 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 $1.9M in total revenue.
Is Midori Foundation Inc. financially stable?
Yes, Midori Foundation Inc. appears financially stable. In 2023, their revenue ($1,835,100) exceeded expenses ($1,808,321), and they maintain substantial assets ($1,701,163 in 2023).
How does Midori Foundation Inc. manage executive compensation?
Midori Foundation Inc. reports 0% officer compensation across all available filings, indicating that no officers are paid by the organization, which is a highly efficient practice.
What is the trend in Midori Foundation Inc.'s revenue and expenses?
Revenue and expenses have generally increased over the years, with revenue mostly outpacing expenses in recent periods (e.g., 2022 and 2023), though there were periods of deficit spending (e.g., 2021 and 2019).
Filing History
IRS 990 filing history for Midori Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midori Foundation Inc's revenue has grown by 35.9%, moving from $1.4M to $1.8M. Total assets decreased by 5.9% over the same period, from $1.8M to $1.7M. Total functional expenses rose by 39.8%, from $1.3M to $1.8M. In its most recent filing year (2023), Midori Foundation Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $453K in liabilities against $1.7M in assets (debt-to-asset ratio: 26.7%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.8M | $1.7M | $453K | — | View 990 |
| 2022 | $2.0M | $1.8M | $1.4M | $209K | — | View 990 |
| 2021 | $1.3M | $1.8M | $1.3M | $366K | — | View 990 |
| 2020 | $1.7M | $1.5M | $1.7M | $224K | — | View 990 |
| 2019 | $1.7M | $1.9M | $1.4M | $160K | — | View 990 |
| 2018 | $1.7M | $1.8M | $1.5M | $158K | — | View 990 |
| 2017 | $1.9M | $1.7M | $1.7M | $204K | — | View 990 |
| 2016 | $1.3M | $1.3M | $1.3M | $66K | — | View 990 |
| 2015 | $1.2M | $1.3M | $1.4M | $84K | — | View 990 |
| 2014 | $1.3M | $1.2M | $1.5M | $111K | — | View 990 |
| 2013 | $1.1M | $1.2M | $1.4M | $64K | — | View 990 |
| 2012 | $1.2M | $1.4M | $1.5M | $72K | — | View 990 |
| 2011 | $1.4M | $1.3M | $1.8M | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $1.7M (revenue -9.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $1.4M (revenue +53.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.8M, and assets of $1.3M (revenue -21.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.5M, and assets of $1.7M (revenue -4.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.9M, and assets of $1.4M (revenue +5.1% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.8M, and assets of $1.5M (revenue -13.7% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.7M, and assets of $1.7M (revenue +51.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $1.3M (revenue +2.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $1.4M (revenue -2.5% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $1.5M (revenue +15.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $1.4M (revenue -5.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.4M, and assets of $1.5M (revenue -14.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midori Foundation Inc:
Data Sources and Methodology
This transparency report for Midori Foundation Inc 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.