Moldova World Childrens Fund Inc
Moldova World Childrens Fund Inc consistently directs 100% of officer compensation to programs, despite fluctuating revenues.
EIN: 141942074 · Hendersonvlle, NC · NTEE: P30 · Updated: 2026-03-28
Is Moldova World Childrens Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Moldova World Childrens Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Moldova World Childrens Fund Inc
Moldova World Childrens Fund Inc (EIN: 141942074) is a nonprofit organization based in Hendersonvlle, NC, classified under NTEE code P30. The organization reported total revenue of $462K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moldova World Childrens Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moldova World Childrens Fund Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $637K |
| Total Expenses | $589K |
| Surplus / Deficit | +$48K |
| Total Assets | $118K |
| Total Liabilities | $9K |
| Net Assets | $109K |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 2.4 months |
Financial Health Grade: A
In 2023, Moldova World Childrens Fund Inc reported a surplus of $48K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Moldova World Childrens Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.0% | -60.0% | +60.7% |
| 2022 | -21.2% | -14.6% | -56.6% |
| 2021 | +110.1% | +101.9% | +45.1% |
| 2020 | +121.9% | +136.9% | +40.3% |
| 2019 | -20.0% | -17.9% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Moldova World Childrens Fund Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Moldova World Childrens Fund Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive sign for a nonprofit of its size, demonstrating a strong commitment to directing all funds towards its mission.
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 Moldova World Childrens Fund Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, with a sharp decline from $1.79M in 2021 to $0.63M in 2023.
Strengths
The following positive indicators were identified for Moldova World Childrens Fund Inc:
- Consistent 0% officer compensation across all reported periods, indicating high efficiency.
- Strong program spending focus, with a high percentage of expenses directed to mission.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and accountability.
- Healthy asset-to-liability ratio, indicating responsible financial management.
Frequently Asked Questions about Moldova World Childrens Fund Inc
Is Moldova World Childrens Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Moldova World Childrens Fund Inc (EIN: 141942074) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Moldova World Childrens Fund Inc spend its money?
Moldova World Childrens Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Moldova World Childrens Fund Inc tax-deductible?
Moldova World Childrens Fund Inc is registered as a tax-exempt nonprofit (EIN: 141942074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Moldova World Childrens Fund Inc a good charity?
Based on the available data, Moldova World Childrens Fund Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its program spending is high, and it has a long history of IRS 990 filings, demonstrating transparency.
How has the organization's revenue changed over time?
The organization's revenue has been highly volatile. It saw a peak of $1,795,643 in 2021, but then decreased to $1,414,630 in 2022 and further to $637,202 in 2023. This significant fluctuation warrants attention for long-term planning.
What is the organization's financial stability like?
While revenue has been volatile, the organization generally maintains a healthy asset-to-liability ratio. For instance, in 2023, assets were $118,352 against liabilities of $9,219, suggesting a stable financial position despite revenue fluctuations.
Does the organization pay its officers?
No, the organization has consistently reported 0% officer compensation across all 13 available IRS 990 filings, indicating that its officers are not compensated through salaries.
Filing History
IRS 990 filing history for Moldova World Childrens Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Moldova World Childrens Fund Inc's revenue has grown by 380.1%, moving from $133K to $637K. Total assets increased by 376.7% over the same period, from $25K to $118K. Total functional expenses rose by 310.9%, from $143K to $589K. In its most recent filing year (2023), Moldova World Childrens Fund Inc reported a surplus of $48K, with revenue exceeding expenses. The organization holds $9K in liabilities against $118K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $637K | $589K | $118K | $9K | — | View 990 |
| 2022 | $1.4M | $1.5M | $74K | $13K | — | View 990 |
| 2021 | $1.8M | $1.7M | $170K | $52K | — | View 990 |
| 2020 | $855K | $854K | $117K | $91K | — | View 990 |
| 2019 | $385K | $360K | $83K | $58K | — | View 990 |
| 2018 | $481K | $439K | $80K | $58K | — | View 990 |
| 2017 | $178K | $173K | $19K | $6K | — | View 990 |
| 2016 | $279K | $279K | $26K | $12K | — | View 990 |
| 2015 | $125K | $118K | $27K | $7K | — | View 990 |
| 2014 | $142K | $149K | $32K | $19K | — | View 990 |
| 2013 | $100K | $89K | $23K | $12K | — | View 990 |
| 2012 | $101K | $101K | $11K | $1K | — | View 990 |
| 2011 | $133K | $143K | $25K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $637K, expenses of $589K, and assets of $118K (revenue -55.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $74K (revenue -21.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.7M, and assets of $170K (revenue +110.1% year-over-year).
- 2020: Revenue of $855K, expenses of $854K, and assets of $117K (revenue +121.9% year-over-year).
- 2019: Revenue of $385K, expenses of $360K, and assets of $83K (revenue -20.0% year-over-year).
- 2018: Revenue of $481K, expenses of $439K, and assets of $80K (revenue +170.6% year-over-year).
- 2017: Revenue of $178K, expenses of $173K, and assets of $19K (revenue -36.2% year-over-year).
- 2016: Revenue of $279K, expenses of $279K, and assets of $26K (revenue +123.0% year-over-year).
- 2015: Revenue of $125K, expenses of $118K, and assets of $27K (revenue -12.3% year-over-year).
- 2014: Revenue of $142K, expenses of $149K, and assets of $32K (revenue +42.4% year-over-year).
- 2013: Revenue of $100K, expenses of $89K, and assets of $23K (revenue -1.0% year-over-year).
- 2012: Revenue of $101K, expenses of $101K, and assets of $11K (revenue -23.9% year-over-year).
- 2011: Revenue of $133K, expenses of $143K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moldova World Childrens Fund Inc:
Data Sources and Methodology
This transparency report for Moldova World Childrens Fund 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.