More Good Foundation
More Good Foundation shows consistent revenue growth and positive net assets, with no reported officer compensation.
EIN: 203385036 · Provo, UT · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.3M |
| Transparency Score | 85/100 |
Is More Good Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
More Good Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About More Good Foundation
More Good Foundation (EIN: 203385036) is a nonprofit organization based in Provo, UT, classified under NTEE code B99. The organization reported total revenue of $3.6M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of More Good Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
More Good Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$569K |
| Total Assets | $4.5M |
| Total Liabilities | $195K |
| Net Assets | $4.3M |
| Operating Margin | 13.1% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, More Good Foundation reported a surplus of $569K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), More Good Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.0% | +25.6% | +16.9% |
| 2022 | +143.6% | +93.6% | +150.0% |
| 2021 | +7.9% | -46.7% | +92.1% |
| 2021 | +72.9% | +14.3% | -47.0% |
| 2020 | +21.7% | +5.1% | -41.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 More Good Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, More Good Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $569K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
More Good Foundation consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or compensation structured in a manner not categorized as officer compensation on the 990, which is unusual for an organization of its size with over $4 million in annual revenue.
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 More Good Foundation's IRS 990 filings:
- Consistent 0% reported officer compensation for an organization of this size, which warrants further inquiry.
- Significant fluctuations in revenue and expenses year-over-year without clear explanation in the provided data.
Strengths
The following positive indicators were identified for More Good Foundation:
- Consistent revenue growth in recent years, from $1,006,214 in 2019 to $4,340,392 in 2023.
- Positive net assets and increasing asset base, reaching $4,505,808 in 2023.
- Consistent filing of IRS Form 990s over a decade, indicating good transparency practices.
- Positive financial surpluses in recent years (e.g., $569,044 in 2023 and $2,562,383 in 2022).
Frequently Asked Questions about More Good Foundation
Is More Good Foundation a legitimate charity?
More Good Foundation (EIN: 203385036) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does More Good Foundation spend its money?
More Good Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to More Good Foundation tax-deductible?
More Good Foundation is registered as a tax-exempt nonprofit (EIN: 203385036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the More Good Foundation CEO make?
More Good Foundation's highest-compensated officer earns $4 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of More Good Foundation's spending goes to programs?
More Good Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does More Good Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), More Good Foundation is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is More Good Foundation located?
More Good Foundation is headquartered in Provo, Utah and files with the IRS under EIN 203385036. It is classified under NTEE code B99.
How many years of IRS 990 filings does More Good Foundation have?
More Good Foundation 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 $3.6M in total revenue.
How does More Good Foundation manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues exceeding $4 million. This could indicate a fully volunteer executive team, or that executive compensation is structured in a way that is not reported under 'officer compensation' on the IRS Form 990, such as through a related entity or as general employee salaries. Further investigation into their operational model and compensation practices would be necessary to understand this fully.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the provided data shows total expenses, a detailed functional expense breakdown (program, administrative, fundraising) is not available in this summary. This information is crucial for a precise assessment of spending efficiency and would typically be found in Part IX of the IRS Form 990.
What caused the significant fluctuations in revenue and expenses between 2019 and 2023?
More Good Foundation experienced substantial growth and fluctuations, with revenue increasing from $1,006,214 in 2019 to $4,340,392 in 2023, and expenses also varying significantly. For example, expenses were $2,424,266 in 2019, peaked at $3,771,348 in 2023, but were lower at $3,002,347 in 2022 despite higher revenue. Understanding the specific programs, grants, or operational changes driving these shifts would provide insight into the organization's strategic growth and resource allocation.
Filing History
IRS 990 filing history for More Good Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), More Good Foundation's revenue has grown by 335.6%, moving from $996K to $4.3M. Total assets increased by 1335.2% over the same period, from $314K to $4.5M. Total functional expenses rose by 362.3%, from $816K to $3.8M. In its most recent filing year (2023), More Good Foundation reported a surplus of $569K, with revenue exceeding expenses. The organization holds $195K in liabilities against $4.5M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.8M | $4.5M | $195K | — | — |
| 2022 | $5.6M | $3.0M | $3.9M | $15K | — | View 990 |
| 2021 | $2.3M | $1.6M | $1.5M | $329K | — | View 990 |
| 2021 | $2.1M | $2.9M | $803K | $323K | — | View 990 |
| 2020 | $1.2M | $2.5M | $1.5M | $242K | — | View 990 |
| 2019 | $1.0M | $2.4M | $2.6M | $13K | — | View 990 |
| 2015 | $1.3M | $1.5M | $112K | $0 | — | View 990 |
| 2014 | $1.2M | $1.3M | $302K | $0 | — | View 990 |
| 2013 | $1.0M | $978K | $376K | $3K | — | View 990 |
| 2012 | $996K | $816K | $314K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.8M, and assets of $4.5M (revenue -22.0% year-over-year).
- 2022: Revenue of $5.6M, expenses of $3.0M, and assets of $3.9M (revenue +143.6% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.6M, and assets of $1.5M (revenue +7.9% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.9M, and assets of $803K (revenue +72.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $2.5M, and assets of $1.5M (revenue +21.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $2.4M, and assets of $2.6M (revenue -22.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.5M, and assets of $112K (revenue +6.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $302K (revenue +17.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $978K, and assets of $376K (revenue +4.3% year-over-year).
- 2012: Revenue of $996K, expenses of $816K, and assets of $314K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for More Good Foundation:
Data Sources and Methodology
This transparency report for More Good 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.