Mighty Maddy Foundation
EIN: 873492069 · Indianola, IA · NTEE: E86
Is Mighty Maddy Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mighty Maddy Foundation
Mighty Maddy Foundation (EIN: 873492069) is a nonprofit organization based in Indianola, IA, classified under NTEE code E86. The organization reported total revenue of $14K and total assets of $72K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mighty Maddy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Mighty Maddy Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mighty Maddy Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Mighty Maddy Foundation
Is Mighty Maddy Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mighty Maddy Foundation (EIN: 873492069) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mighty Maddy Foundation spend its money?
Detailed spending breakdown data is not yet available for Mighty Maddy Foundation. Check back for updated IRS 990 analysis.
Are donations to Mighty Maddy Foundation tax-deductible?
Mighty Maddy Foundation is registered as a tax-exempt nonprofit (EIN: 873492069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Mighty Maddy Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Mighty Maddy Foundation's revenue has declined by 17.2%, moving from $88K to $73K. Total assets increased by 14.9% over the same period, from $70K to $81K. Total functional expenses rose by 247.6%, from $18K to $63K. In its most recent filing year (2023), Mighty Maddy Foundation reported a surplus of $10K, with revenue exceeding expenses. The organization holds $28 in liabilities against $81K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $81K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $63K | $81K | $28 | — | — |
| 2022 | $88K | $18K | $70K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Mighty Maddy 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.