Millbach Foundation Inc
EIN: 233025476 · Madbury, NH · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $1K |
| Net Assets | $290K |
Is Millbach Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Millbach Foundation Inc
Millbach Foundation Inc (EIN: 233025476) is a nonprofit organization based in Madbury, NH, classified under NTEE code A80. The organization reported total revenue of $2K and total assets of $290K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Millbach Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Millbach Foundation Inc is a micro nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $1K |
| Surplus / Deficit | +$994 |
| Total Assets | $290K |
| Total Liabilities | $1 |
| Net Assets | $290K |
| Operating Margin | 44.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2779.9 months |
Financial Health Grade: A
In 2023, Millbach Foundation Inc reported a surplus of $994 with revenue exceeding expenses, holds 2779.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Millbach Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +224300.0% | +233.3% | +0.3% |
| 2022 | +0.0% | -57.1% | -0.1% |
| 2021 | -100.0% | -69.1% | -0.3% |
| 2020 | +516000.0% | -86.5% | +0.5% |
| 2019 | -99.6% | -21.7% | -46.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Millbach Foundation Inc 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 Millbach Foundation Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $994, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Millbach Foundation Inc
Is Millbach Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Millbach Foundation Inc (EIN: 233025476) insufficient data. 0 red flags identified, 0 strengths noted.
How does Millbach Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Millbach Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Millbach Foundation Inc tax-deductible?
Millbach Foundation Inc is registered as a tax-exempt nonprofit (EIN: 233025476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Millbach Foundation Inc located?
Millbach Foundation Inc is headquartered in Madbury, New Hampshire and files with the IRS under EIN 233025476. It is classified under NTEE code A80.
How many years of IRS 990 filings does Millbach Foundation Inc have?
Millbach Foundation Inc has 10 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 $2K in total revenue.
Filing History
IRS 990 filing history for Millbach Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Millbach Foundation Inc's revenue has declined by 82.1%, moving from $13K to $2K. Total assets decreased by 58.5% over the same period, from $698K to $290K. Total functional expenses fell by 96%, from $31K to $1K. In its most recent filing year (2023), Millbach Foundation Inc reported a surplus of $994, with revenue exceeding expenses. The organization holds $1 in liabilities against $290K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $290K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $1K | $290K | $1 | — | — |
| 2022 | $1 | $375 | $289K | $1 | — | View 990 |
| 2021 | $1 | $875 | $289K | $1 | — | View 990 |
| 2020 | $5K | $3K | $290K | $1 | — | View 990 |
| 2019 | $1 | $21K | $288K | $1 | — | View 990 |
| 2015 | $268 | $27K | $543K | $1 | — | View 990 |
| 2014 | $7K | $44K | $569K | $1 | — | View 990 |
| 2013 | $-103,649 | $28K | $545K | $1 | — | View 990 |
| 2012 | $12K | $33K | $676K | $1 | — | View 990 |
| 2011 | $13K | $31K | $698K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $1K, and assets of $290K (revenue +224300.0% year-over-year).
- 2022: Revenue of $1, expenses of $375, and assets of $289K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $875, and assets of $289K (revenue -100.0% year-over-year).
- 2020: Revenue of $5K, expenses of $3K, and assets of $290K (revenue +516000.0% year-over-year).
- 2019: Revenue of $1, expenses of $21K, and assets of $288K (revenue -99.6% year-over-year).
- 2015: Revenue of $268, expenses of $27K, and assets of $543K (revenue -96.3% year-over-year).
- 2014: Revenue of $7K, expenses of $44K, and assets of $569K.
- 2013: Revenue of $-103,649, expenses of $28K, and assets of $545K (revenue -982.1% year-over-year).
- 2012: Revenue of $12K, expenses of $33K, and assets of $676K (revenue -6.2% year-over-year).
- 2011: Revenue of $13K, expenses of $31K, and assets of $698K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Millbach Foundation Inc:
Data Sources and Methodology
This transparency report for Millbach 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.