Mozaik Philanthropy Inc
Mozaik Philanthropy Inc. faces persistent operating deficits and declining assets.
EIN: 208104037 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Mozaik Philanthropy Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mozaik Philanthropy Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mozaik Philanthropy Inc
Mozaik Philanthropy Inc (EIN: 208104037) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mozaik Philanthropy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mozaik Philanthropy Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $270K |
| Total Expenses | $644K |
| Surplus / Deficit | $-373,984 |
| Total Assets | $7.8M |
| Total Liabilities | $1 |
| Net Assets | $7.8M |
| Operating Margin | -138.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 145.0 months |
Financial Health Grade: B
In 2023, Mozaik Philanthropy Inc reported a deficit of $374K with expenses exceeding revenue, holds 145.0 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 (2011–2023), Mozaik Philanthropy Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +242.3% | -8.4% | -4.6% |
| 2022 | -71.6% | +25.0% | -7.1% |
| 2021 | -33.2% | -13.3% | -3.1% |
| 2020 | +32.4% | -30.0% | -2.5% |
| 2019 | -19.1% | +12.8% | -21.3% |
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 Mozaik Philanthropy Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mozaik Philanthropy Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $374K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of this asset size and suggests either volunteer leadership or compensation being reported under other expense categories.
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 Mozaik Philanthropy Inc's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $373,984 deficit in 2023).
- Steady decline in total assets over time (from $13.2M in 2011 to $7.7M in 2023).
- Revenue consistently insufficient to cover expenses across multiple years.
- Unusually low or zero reported liabilities despite ongoing deficits.
Strengths
The following positive indicators were identified for Mozaik Philanthropy Inc:
- Consistent filing of IRS Form 990s, indicating transparency.
- Reported 0% officer compensation, suggesting low executive overhead.
- Minimal to no reported liabilities, indicating no accumulation of debt.
Frequently Asked Questions about Mozaik Philanthropy Inc
Is Mozaik Philanthropy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mozaik Philanthropy Inc (EIN: 208104037) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does Mozaik Philanthropy Inc spend its money?
Mozaik Philanthropy Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mozaik Philanthropy Inc tax-deductible?
Mozaik Philanthropy Inc is registered as a tax-exempt nonprofit (EIN: 208104037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mozaik Philanthropy Inc. sustain its operations with consistent revenue shortfalls?
The organization appears to be funding its operations by drawing down its asset base, as evidenced by the decline from $13.2 million in 2011 to $7.7 million in 2023, rather than through consistent revenue generation.
What is the long-term strategy to address the persistent operating deficits?
The provided data does not detail a strategy, but the consistent pattern of expenses exceeding revenue (e.g., $643,988 expenses vs. $270,004 revenue in 2023) indicates an unsustainable financial model without intervention.
Who are the officers and how are they compensated if officer compensation is 0%?
The 0% officer compensation reported across all filings suggests either a fully volunteer leadership structure or that compensation for key personnel is categorized differently within the expense reports, which warrants further investigation for clarity.
Filing History
IRS 990 filing history for Mozaik Philanthropy Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mozaik Philanthropy Inc's revenue has declined by 38.2%, moving from $437K to $270K. Total assets decreased by 41.3% over the same period, from $13.3M to $7.8M. Total functional expenses rose by 312.3%, from $156K to $644K. In its most recent filing year (2023), Mozaik Philanthropy Inc reported a deficit of $374K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $270K | $644K | $7.8M | $1 | — | View 990 |
| 2022 | $79K | $703K | $8.2M | $1 | — | View 990 |
| 2021 | $277K | $562K | $8.8M | $1 | — | View 990 |
| 2020 | $415K | $649K | $9.1M | $1 | — | View 990 |
| 2019 | $313K | $928K | $9.3M | $0 | — | View 990 |
| 2015 | $387K | $822K | $11.8M | $1 | — | View 990 |
| 2014 | $384K | $893K | $12.2M | $1 | — | View 990 |
| 2013 | $377K | $709K | $12.8M | $1 | — | View 990 |
| 2012 | $501K | $677K | $13.1M | $1 | — | View 990 |
| 2011 | $437K | $156K | $13.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $270K, expenses of $644K, and assets of $7.8M (revenue +242.3% year-over-year).
- 2022: Revenue of $79K, expenses of $703K, and assets of $8.2M (revenue -71.6% year-over-year).
- 2021: Revenue of $277K, expenses of $562K, and assets of $8.8M (revenue -33.2% year-over-year).
- 2020: Revenue of $415K, expenses of $649K, and assets of $9.1M (revenue +32.4% year-over-year).
- 2019: Revenue of $313K, expenses of $928K, and assets of $9.3M (revenue -19.1% year-over-year).
- 2015: Revenue of $387K, expenses of $822K, and assets of $11.8M (revenue +0.8% year-over-year).
- 2014: Revenue of $384K, expenses of $893K, and assets of $12.2M (revenue +1.8% year-over-year).
- 2013: Revenue of $377K, expenses of $709K, and assets of $12.8M (revenue -24.7% year-over-year).
- 2012: Revenue of $501K, expenses of $677K, and assets of $13.1M (revenue +14.6% year-over-year).
- 2011: Revenue of $437K, expenses of $156K, and assets of $13.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mozaik Philanthropy Inc:
Data Sources and Methodology
This transparency report for Mozaik Philanthropy 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.