Mizuho Usa Foundation Inc
Mizuho Usa Foundation consistently operates at a deficit, relying on substantial assets while maintaining zero executive compensation.
EIN: 133550008 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.6M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $15.5M |
| Transparency Score | 85/100 |
Is Mizuho Usa Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mizuho Usa Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mizuho Usa Foundation Inc
Mizuho Usa Foundation Inc (EIN: 133550008) is a nonprofit organization based in New York, NY. The organization reported total revenue of $16.6M and total assets of $17.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mizuho Usa Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mizuho Usa Foundation Inc is a large nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $570K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-512,580 |
| Total Assets | $16.1M |
| Total Liabilities | $509K |
| Net Assets | $15.5M |
| Operating Margin | -89.9% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 178.0 months |
Financial Health Grade: B
In 2023, Mizuho Usa Foundation Inc reported a deficit of $513K with expenses exceeding revenue, holds 178.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mizuho Usa Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.5% | +6.5% | +9.8% |
| 2022 | -85.2% | +3.8% | -18.5% |
| 2021 | +565.7% | +25.8% | +7.6% |
| 2020 | -42.1% | -4.9% | +5.9% |
| 2019 | +30.0% | +16.1% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Mizuho Usa Foundation Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Mizuho Usa 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 deficit of $513K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly commendable for an organization with assets exceeding $17 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 Mizuho Usa Foundation Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in most years, e.g., $1,082,460 expenses vs. $569,880 revenue in 2023)
- Reliance on asset drawdowns or infrequent large contributions to cover annual expenses.
Strengths
The following positive indicators were identified for Mizuho Usa Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay.
- Substantial asset base ($17,128,072 latest) provides financial stability despite operational deficits.
- History of consistent filing, indicating good transparency.
Frequently Asked Questions about Mizuho Usa Foundation Inc
Is Mizuho Usa Foundation Inc a legitimate charity?
Mizuho Usa Foundation Inc (EIN: 133550008) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $16.6M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mizuho Usa Foundation Inc spend its money?
Mizuho Usa Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mizuho Usa Foundation Inc tax-deductible?
Mizuho Usa Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133550008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mizuho Usa Foundation Inc CEO make?
Mizuho Usa Foundation Inc's highest-compensated officer earns $17 annually. The organization reported $16.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mizuho Usa Foundation Inc's spending goes to programs?
Mizuho Usa Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mizuho Usa Foundation Inc located?
Mizuho Usa Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133550008.
How many years of IRS 990 filings does Mizuho Usa Foundation Inc have?
Mizuho Usa 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 $16.6M in total revenue.
How does Mizuho Usa Foundation Inc. sustain its operations given the consistent revenue deficits?
The foundation likely sustains its operations by drawing from its substantial asset base, which has consistently been above $12 million and reached $17,128,072. This allows it to cover expenses that frequently exceed annual revenues, as seen in 2023 ($1,082,460 expenses vs. $569,880 revenue).
What is the source of the significant revenue spike in 2021?
The filing data shows a revenue spike to $2,299,968 in 2021, significantly higher than other years. This could be due to a large one-time donation, a substantial investment gain, or a specific grant, which would need further investigation into the detailed 990 forms for that period.
Is the foundation's asset growth sustainable given its spending patterns?
While the foundation has substantial assets, the consistent operational deficits (e.g., $512,580 deficit in 2023) mean that assets are likely being drawn down or are growing primarily through investment returns rather than operational surpluses. Long-term sustainability would depend on the rate of asset depletion versus investment growth and future large contributions.
Filing History
IRS 990 filing history for Mizuho Usa Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mizuho Usa Foundation Inc's revenue has declined by 64.9%, moving from $1.6M to $570K. Total assets increased by 25.9% over the same period, from $12.8M to $16.1M. Total functional expenses rose by 15.9%, from $934K to $1.1M. In its most recent filing year (2023), Mizuho Usa Foundation Inc reported a deficit of $513K, with expenses exceeding revenue. The organization holds $509K in liabilities against $16.1M in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $15.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $570K | $1.1M | $16.1M | $509K | — | View 990 |
| 2022 | $340K | $1.0M | $14.6M | $317K | — | View 990 |
| 2021 | $2.3M | $980K | $17.9M | $400K | — | View 990 |
| 2020 | $345K | $779K | $16.7M | $239K | — | — |
| 2019 | $597K | $819K | $15.7M | $284K | — | View 990 |
| 2015 | $459K | $705K | $13.5M | $281K | — | View 990 |
| 2014 | $807K | $1.0M | $14.4M | $369K | — | View 990 |
| 2013 | $1.2M | $812K | $14.5M | $262K | — | View 990 |
| 2012 | $798K | $779K | $13.6M | $298K | — | View 990 |
| 2011 | $1.6M | $934K | $12.8M | $322K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $570K, expenses of $1.1M, and assets of $16.1M (revenue +67.5% year-over-year).
- 2022: Revenue of $340K, expenses of $1.0M, and assets of $14.6M (revenue -85.2% year-over-year).
- 2021: Revenue of $2.3M, expenses of $980K, and assets of $17.9M (revenue +565.7% year-over-year).
- 2020: Revenue of $345K, expenses of $779K, and assets of $16.7M (revenue -42.1% year-over-year).
- 2019: Revenue of $597K, expenses of $819K, and assets of $15.7M (revenue +30.0% year-over-year).
- 2015: Revenue of $459K, expenses of $705K, and assets of $13.5M (revenue -43.1% year-over-year).
- 2014: Revenue of $807K, expenses of $1.0M, and assets of $14.4M (revenue -33.4% year-over-year).
- 2013: Revenue of $1.2M, expenses of $812K, and assets of $14.5M (revenue +51.9% year-over-year).
- 2012: Revenue of $798K, expenses of $779K, and assets of $13.6M (revenue -50.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $934K, and assets of $12.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mizuho Usa Foundation Inc:
Data Sources and Methodology
This transparency report for Mizuho Usa 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.