Mosaic & Terrazzo Welfare Fund
Mosaic & Terrazzo Welfare Fund experiences consistent operating deficits, drawing down assets while maintaining zero officer compensation.
EIN: 135676828 · Long Is City, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.3M |
| Total Expenses | $9.1M |
| Program Spending | 85% |
| Net Assets | $3.9M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Mosaic & Terrazzo Welfare Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals
Mosaic & Terrazzo Welfare Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mosaic & Terrazzo Welfare Fund in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $8.1M and expenses of $9.1M.
Revenue and Expenses
Mosaic & Terrazzo Welfare Fund reported $8.1M in revenue and $9.1M in expenses, a deficit of $1.0M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Mosaic & Terrazzo Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $7.7M (85%) |
Across stored filings, Mosaic & Terrazzo Welfare Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Long Is City, NY nonprofitsFollow the Money
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Keep the Investigation Moving
Mosaic & Terrazzo Welfare Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mosaic & Terrazzo Welfare Fund
Mosaic & Terrazzo Welfare Fund (EIN: 135676828) is a nonprofit organization based in Long Is City, NY. The organization reported total revenue of $9.3M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mosaic & Terrazzo Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mosaic & Terrazzo Welfare Fund is a mid-size nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.1M |
| Total Expenses | $9.1M |
| Surplus / Deficit | $-1,008,719 |
| Total Assets | $5.4M |
| Total Liabilities | $1.5M |
| Net Assets | $3.9M |
| Operating Margin | -12.5% |
| Debt-to-Asset Ratio | 28.3% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2023, Mosaic & Terrazzo Welfare Fund reported a deficit of $1.0M with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 28.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mosaic & Terrazzo Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | -2.9% | -20.1% |
| 2022 | +15.3% | +14.9% | -8.5% |
| 2021 | +57.3% | +47.9% | +1.9% |
| 2020 | -18.5% | -6.8% | -7.0% |
| 2019 | +3.9% | -12.9% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
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 Mosaic & Terrazzo Welfare Fund with a Mission Score of 75 out of 100 (Good). 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, Mosaic & Terrazzo Welfare Fund 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 $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.3%.
Executive Compensation Analysis
Executive compensation is exceptionally transparent and efficient, with 0% reported officer compensation across all 13 available IRS 990 filings, indicating that no funds are allocated to officer salaries.
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 Mosaic & Terrazzo Welfare Fund's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $1,008,719 deficit in 2023)
- Significant decline in total assets over the past decade (from $9.5M in 2014 to $5.4M in 2023)
Strengths
The following positive indicators were identified for Mosaic & Terrazzo Welfare Fund:
- Zero officer compensation reported across all filings, indicating high efficiency at the executive level.
- Consistent and long-term IRS 990 filing history, demonstrating strong transparency.
- Manageable liabilities relative to assets, suggesting responsible debt management.
Frequently Asked Questions about Mosaic & Terrazzo Welfare Fund
Is Mosaic & Terrazzo Welfare Fund a legitimate charity?
Mosaic & Terrazzo Welfare Fund (EIN: 135676828) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mosaic & Terrazzo Welfare Fund spend its money?
Mosaic & Terrazzo Welfare Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mosaic & Terrazzo Welfare Fund tax-deductible?
Mosaic & Terrazzo Welfare Fund is registered as a tax-exempt nonprofit (EIN: 135676828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mosaic & Terrazzo Welfare Fund's spending goes to programs?
Mosaic & Terrazzo Welfare Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mosaic & Terrazzo Welfare Fund located?
Mosaic & Terrazzo Welfare Fund is headquartered in Long Is City, New York and files with the IRS under EIN 135676828.
How many years of IRS 990 filings does Mosaic & Terrazzo Welfare Fund have?
Mosaic & Terrazzo Welfare Fund has 13 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 $9.3M in total revenue.
Why have expenses consistently exceeded revenue in recent years (2021-2023)?
The filings show that in 2023, expenses were $9,067,727 against revenue of $8,059,008, and similar trends in 2022 and 2021. This indicates the organization is spending more than it earns, potentially using reserves.
What is the specific breakdown of the organization's expenses?
While the filings show total expenses (e.g., $9,067,727 in 2023), a detailed breakdown into program, administrative, and fundraising costs is not provided in the summary data, making it difficult to assess spending efficiency beyond executive compensation.
What is the long-term strategy for addressing the decline in assets?
Assets have decreased from $9,498,046 in 2014 to $5,406,911 in 2023. This trend, coupled with operating deficits, suggests a need for a strategy to either increase revenue or reduce expenses to stabilize asset levels.
Filing History
IRS 990 filing history for Mosaic & Terrazzo Welfare Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mosaic & Terrazzo Welfare Fund's revenue has grown by 204.9%, moving from $2.6M to $8.1M. Total assets decreased by 20.8% over the same period, from $6.8M to $5.4M. Total functional expenses rose by 314.1%, from $2.2M to $9.1M. In its most recent filing year (2023), Mosaic & Terrazzo Welfare Fund reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $5.4M in assets (debt-to-asset ratio: 28.3%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $9.1M | $5.4M | $1.5M | — | — |
| 2022 | $8.8M | $9.3M | $6.8M | $2.0M | — | View 990 |
| 2021 | $7.6M | $8.1M | $7.4M | $1.7M | — | View 990 |
| 2020 | $4.8M | $5.5M | $7.3M | $1.0M | — | — |
| 2019 | $5.9M | $5.9M | $7.8M | $984K | — | View 990 |
| 2018 | $5.7M | $6.8M | $7.8M | $1.2M | — | View 990 |
| 2017 | $6.2M | $5.9M | $9.1M | $1.3M | — | View 990 |
| 2016 | $5.4M | $4.9M | $8.5M | $1.1M | — | View 990 |
| 2015 | $4.4M | $6.0M | $8.1M | $1.3M | — | View 990 |
| 2014 | $5.1M | $4.7M | $9.5M | $1.1M | — | View 990 |
| 2013 | $4.8M | $3.6M | $8.6M | $643K | — | View 990 |
| 2012 | $3.8M | $3.0M | $7.5M | $765K | — | View 990 |
| 2011 | $2.6M | $2.2M | $6.8M | $886K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $9.1M, and assets of $5.4M (revenue -8.2% year-over-year).
- 2022: Revenue of $8.8M, expenses of $9.3M, and assets of $6.8M (revenue +15.3% year-over-year).
- 2021: Revenue of $7.6M, expenses of $8.1M, and assets of $7.4M (revenue +57.3% year-over-year).
- 2020: Revenue of $4.8M, expenses of $5.5M, and assets of $7.3M (revenue -18.5% year-over-year).
- 2019: Revenue of $5.9M, expenses of $5.9M, and assets of $7.8M (revenue +3.9% year-over-year).
- 2018: Revenue of $5.7M, expenses of $6.8M, and assets of $7.8M (revenue -7.4% year-over-year).
- 2017: Revenue of $6.2M, expenses of $5.9M, and assets of $9.1M (revenue +15.4% year-over-year).
- 2016: Revenue of $5.4M, expenses of $4.9M, and assets of $8.5M (revenue +20.4% year-over-year).
- 2015: Revenue of $4.4M, expenses of $6.0M, and assets of $8.1M (revenue -13.1% year-over-year).
- 2014: Revenue of $5.1M, expenses of $4.7M, and assets of $9.5M (revenue +7.5% year-over-year).
- 2013: Revenue of $4.8M, expenses of $3.6M, and assets of $8.6M (revenue +24.7% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.0M, and assets of $7.5M (revenue +44.3% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.2M, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mosaic & Terrazzo Welfare Fund:
Data Sources and Methodology
This transparency report for Mosaic & Terrazzo Welfare Fund 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.