Mosby Foundation

Mosby Foundation reports significant surplus in 2023, boosting assets after years of fluctuating financial performance.

EIN: 201468817 · Staunton, VA · NTEE: D20 · Updated: 2026-03-28

$326KRevenue
$320KAssets
85/100Mission Score (Excellent)
D20
Mosby Foundation Financial Summary
MetricValue
Total Revenue$326K
Total Expenses$259K
Program Spending85%
CEO/Top Officer Pay$479,043.
Net Assets$337K
Transparency Score85/100

Is Mosby Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mosby Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mosby Foundation

Mosby Foundation (EIN: 201468817) is a nonprofit organization based in Staunton, VA, classified under NTEE code D20. The organization reported total revenue of $326K and total assets of $320K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mosby Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Mosby Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$479K
Total Expenses$259K
Surplus / Deficit+$220K
Total Assets$345K
Total Liabilities$8K
Net Assets$337K
Operating Margin45.8%
Debt-to-Asset Ratio2.4%
Months of Reserves16.0 months

Financial Health Grade: A

In 2023, Mosby Foundation reported a surplus of $220K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Mosby Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+241.0%+66.3%+164.0%
2022-24.3%-37.3%-8.8%
2021-19.1%+2.0%-31.5%
2020+1.1%-9.3%-1.6%
2019-46.0%-33.4%-16.4%

IRS Tax-Exempt Classification

IRS Classification Codes4000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Mosby Foundation demonstrates a fluctuating but generally positive financial trajectory, particularly in its most recent filing. In 2023, the organization reported revenue of $479,043 against expenses of $259,415, resulting in a significant surplus that boosted its assets to $345,148. This marks a substantial improvement from previous years where expenses often exceeded revenue, such as in 2022 ($140,486 revenue vs. $156,014 expenses) and 2021 ($185,508 revenue vs. $248,923 expenses). The organization's assets have shown growth over time, indicating a building of financial reserves, which is a positive sign for long-term sustainability. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent reporting of 0% officer compensation across all filings suggests a strong commitment to minimizing overhead in leadership salaries, which is a positive indicator of efficiency. The organization's liabilities have remained relatively low, peaking at $16,846 in 2015, which suggests responsible financial management and a low debt burden. The significant surplus in 2023 indicates a strong capacity to fund its programs. Transparency is generally good, with 13 filings available, demonstrating consistent reporting to the IRS. The absence of officer compensation is a notable point of transparency, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which would require further investigation for full clarity. Overall, the financial health appears to be improving, with a strong recent performance in revenue generation relative to expenses.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mosby 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Mosby Foundation 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:

$479KTotal Revenue
$259KTotal Expenses
$345KTotal Assets
$8KTotal Liabilities
$337KNet Assets
  • The organization reported a surplus of $220K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 2.4%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either uncompensated or compensated through mechanisms not categorized as officer compensation, which is highly favorable for a nonprofit of its size with recent revenues up to $479,043.

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 Mosby Foundation's IRS 990 filings:

  • Inconsistent revenue generation in prior years, with expenses exceeding revenue in multiple periods (e.g., 2022, 2021, 2020, 2019), which could indicate reliance on reserves or inconsistent funding streams.

Strengths

The following positive indicators were identified for Mosby Foundation:

  • Strong financial performance in the most recent filing (2023) with a significant surplus of over $200,000 ($479,043 revenue vs. $259,415 expenses).
  • Consistent reporting of 0% officer compensation across all 13 filings, indicating a high dedication to mission-focused spending and low administrative overhead in leadership salaries.
  • Growing asset base, reaching $345,148 in 2023, which provides financial stability and capacity for future programs.
  • Low liabilities, with the highest reported being $16,846 in 2015, suggesting responsible debt management.

Frequently Asked Questions about Mosby Foundation

Is Mosby Foundation a legitimate charity?

Mosby Foundation (EIN: 201468817) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $326K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Mosby Foundation spend its money?

Mosby Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Mosby Foundation tax-deductible?

Mosby Foundation is registered as a tax-exempt nonprofit (EIN: 201468817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Mosby Foundation CEO make?

Mosby Foundation's highest-compensated officer earns $479,043. annually. The organization reported $326K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Mosby Foundation's spending goes to programs?

Mosby Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Mosby Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Mosby Foundation is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Mosby Foundation located?

Mosby Foundation is headquartered in Staunton, Virginia and files with the IRS under EIN 201468817. It is classified under NTEE code D20.

How many years of IRS 990 filings does Mosby Foundation have?

Mosby Foundation 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 $326K in total revenue.

Is Mosby Foundation a good charity?

Based on the available data, Mosby Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. The significant surplus in 2023 ($479,043 revenue vs. $259,415 expenses) demonstrates strong financial health and capacity to fund programs.

How has Mosby Foundation's financial health changed over time?

Mosby Foundation's financial health has fluctuated, experiencing periods where expenses exceeded revenue (e.g., 2022, 2021, 2020, 2019). However, the most recent filing for 2023 shows a substantial positive shift with revenue of $479,043 significantly exceeding expenses of $259,415, leading to a healthy increase in assets to $345,148.

What is the trend in Mosby Foundation's assets?

The organization's assets have generally trended upwards over the years, from $163,122 in 2014 to $345,148 in 2023, despite some dips. The most recent increase from $130,761 in 2022 to $345,148 in 2023 is particularly strong, indicating a growing financial reserve.

Filing History

IRS 990 filing history for Mosby Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mosby Foundation's revenue has grown by 206.1%, moving from $157K to $479K. Total assets increased by 336% over the same period, from $79K to $345K. Total functional expenses rose by 137%, from $109K to $259K. In its most recent filing year (2023), Mosby Foundation reported a surplus of $220K, with revenue exceeding expenses. The organization holds $8K in liabilities against $345K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $337K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $479K $259K $345K $8K
2022 $140K $156K $131K $14K View 990
2021 $186K $249K $143K $11K View 990
2020 $229K $244K $209K $13K
2019 $227K $269K $213K $2K View 990
2018 $420K $404K $255K $1K View 990
2017 $360K $274K $250K $12K View 990
2016 $156K $209K $158K $6K View 990
2015 $315K $273K $222K $17K View 990
2014 $566K $533K $163K $508 View 990
2013 $511K $500K $131K $628 View 990
2012 $514K $473K $120K $426 View 990
2011 $157K $109K $79K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $479K, expenses of $259K, and assets of $345K (revenue +241.0% year-over-year).
  • 2022: Revenue of $140K, expenses of $156K, and assets of $131K (revenue -24.3% year-over-year).
  • 2021: Revenue of $186K, expenses of $249K, and assets of $143K (revenue -19.1% year-over-year).
  • 2020: Revenue of $229K, expenses of $244K, and assets of $209K (revenue +1.1% year-over-year).
  • 2019: Revenue of $227K, expenses of $269K, and assets of $213K (revenue -46.0% year-over-year).
  • 2018: Revenue of $420K, expenses of $404K, and assets of $255K (revenue +16.5% year-over-year).
  • 2017: Revenue of $360K, expenses of $274K, and assets of $250K (revenue +131.1% year-over-year).
  • 2016: Revenue of $156K, expenses of $209K, and assets of $158K (revenue -50.5% year-over-year).
  • 2015: Revenue of $315K, expenses of $273K, and assets of $222K (revenue -44.3% year-over-year).
  • 2014: Revenue of $566K, expenses of $533K, and assets of $163K (revenue +10.8% year-over-year).
  • 2013: Revenue of $511K, expenses of $500K, and assets of $131K (revenue -0.7% year-over-year).
  • 2012: Revenue of $514K, expenses of $473K, and assets of $120K (revenue +228.4% year-over-year).
  • 2011: Revenue of $157K, expenses of $109K, and assets of $79K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mosby Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Mosby 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.

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