Moran Family Charitable Foundation Inc
Moran Family Charitable Foundation maintains asset growth with zero officer compensation.
EIN: 134290498 · Concord, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $987K |
| Total Expenses | $136K |
| Program Spending | 90% |
| Net Assets | $2.4M |
| Transparency Score | 95/100 |
Is Moran Family Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Moran Family Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Moran Family Charitable Foundation Inc
Moran Family Charitable Foundation Inc (EIN: 134290498) is a nonprofit organization based in Concord, MA, classified under NTEE code T20. The organization reported total revenue of $987K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moran Family Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moran Family Charitable Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $136K |
| Surplus / Deficit | +$117K |
| Total Assets | $2.4M |
| Total Liabilities | $1 |
| Net Assets | $2.4M |
| Operating Margin | 46.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 207.8 months |
Financial Health Grade: A
In 2024, Moran Family Charitable Foundation Inc reported a surplus of $117K with revenue exceeding expenses, holds 207.8 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 (2011–2024), Moran Family Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +64.9% | -0.5% | +6.3% |
| 2023 | +2.8% | -4.2% | +0.0% |
| 2022 | -55.9% | -25.4% | +0.7% |
| 2020 | -172.4% | -12.6% | +42.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Moran Family Charitable Foundation Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Moran Family Charitable Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $117K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence.
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 Moran Family Charitable Foundation Inc's IRS 990 filings:
- Negative revenue reported in 202006 without further explanation.
Strengths
The following positive indicators were identified for Moran Family Charitable Foundation Inc:
- Consistent asset growth over more than a decade, from $1,777,233 in 201106 to $2,357,372 in 202406.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission.
- Minimal liabilities ($1 in recent years) demonstrating strong financial health and low debt.
- Positive net income in most recent periods, with revenue exceeding expenses ($253,366 revenue vs. $136,103 expenses in 202406).
Frequently Asked Questions about Moran Family Charitable Foundation Inc
Is Moran Family Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Moran Family Charitable Foundation Inc (EIN: 134290498) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Moran Family Charitable Foundation Inc spend its money?
Moran Family Charitable Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Moran Family Charitable Foundation Inc tax-deductible?
Moran Family Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134290498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Moran Family Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Moran Family Charitable Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Moran Family Charitable Foundation Inc located?
Moran Family Charitable Foundation Inc is headquartered in Concord, Massachusetts and files with the IRS under EIN 134290498. It is classified under NTEE code T20.
How many years of IRS 990 filings does Moran Family Charitable Foundation Inc have?
Moran Family Charitable 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 $987K in total revenue.
How does the foundation manage its operations with 0% officer compensation?
The filings consistently show 0% officer compensation, suggesting that the foundation may be run by volunteers or that any administrative costs are categorized differently, contributing to high program efficiency.
What caused the negative revenue in 202006?
The filing for 202006 shows a revenue of $-95,858. This could be due to investment losses, significant returns of contributions, or accounting adjustments, though the specific reason is not detailed in the provided data.
What is the primary focus of the foundation's programs?
Based on the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation likely focuses on grantmaking to other charitable organizations, rather than direct service provision.
Filing History
IRS 990 filing history for Moran Family Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2024), Moran Family Charitable Foundation Inc's revenue has grown by 16.5%, moving from $217K to $253K. Total assets increased by 32.6% over the same period, from $1.8M to $2.4M. Total functional expenses fell by 21.9%, from $174K to $136K. In its most recent filing year (2024), Moran Family Charitable Foundation Inc reported a surplus of $117K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $253K | $136K | $2.4M | $1 | — | View 990 |
| 2023 | $154K | $137K | $2.2M | $1 | — | View 990 |
| 2022 | $150K | $143K | $2.2M | $1 | — | View 990 |
| 2021 | $339K | $191K | $2.2M | $1 | — | View 990 |
| 2020 | $-95,858 | $185K | $2.1M | $0 | — | View 990 |
| 2015 | $132K | $212K | $1.4M | $0 | — | View 990 |
| 2014 | $51K | $198K | $1.5M | $0 | — | View 990 |
| 2013 | $66K | $182K | $1.7M | $0 | — | View 990 |
| 2012 | $165K | $163K | $1.8M | $0 | — | View 990 |
| 2011 | $217K | $174K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $253K, expenses of $136K, and assets of $2.4M (revenue +64.9% year-over-year).
- 2023: Revenue of $154K, expenses of $137K, and assets of $2.2M (revenue +2.8% year-over-year).
- 2022: Revenue of $150K, expenses of $143K, and assets of $2.2M (revenue -55.9% year-over-year).
- 2021: Revenue of $339K, expenses of $191K, and assets of $2.2M.
- 2020: Revenue of $-95,858, expenses of $185K, and assets of $2.1M (revenue -172.4% year-over-year).
- 2015: Revenue of $132K, expenses of $212K, and assets of $1.4M (revenue +161.0% year-over-year).
- 2014: Revenue of $51K, expenses of $198K, and assets of $1.5M (revenue -22.8% year-over-year).
- 2013: Revenue of $66K, expenses of $182K, and assets of $1.7M (revenue -60.3% year-over-year).
- 2012: Revenue of $165K, expenses of $163K, and assets of $1.8M (revenue -23.9% year-over-year).
- 2011: Revenue of $217K, expenses of $174K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moran Family Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Moran Family Charitable 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.