Multiling Foundation Inc
Multiling Foundation Inc reports minimal revenue and declining assets, with expenses consistently exceeding income in recent years.
EIN: 202043922 · Kemmerer, WY · NTEE: B124 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $3K |
| Program Spending | 70% |
| Net Assets | $30K |
| Transparency Score | 35/100 |
Is Multiling Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Multiling Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Multiling Foundation Inc
Multiling Foundation Inc (EIN: 202043922) is a nonprofit organization based in Kemmerer, WY, classified under NTEE code B124. The organization reported total revenue of $1 and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Multiling Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Multiling Foundation Inc is a micro nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -30.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $3K |
| Surplus / Deficit | $-3,199 |
| Total Assets | $30K |
| Total Liabilities | $1 |
| Net Assets | $30K |
| Operating Margin | -319900.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 111.0 months |
Financial Health Grade: B
In 2023, Multiling Foundation Inc reported a deficit of $3K with expenses exceeding revenue, holds 111.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Multiling Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -30.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +220.0% | -9.8% |
| 2022 | +0.0% | — | -3.0% |
| 2021 | -100.0% | -100.0% | +0.0% |
| 2020 | +40863.7% | -87.6% | +2789.0% |
| 2019 | +145.9% | — | -97.0% |
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 Multiling Foundation Inc with a Mission Score of 35 out of 100 (Poor). 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, Multiling Foundation 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or receives no salary, which is positive for minimizing overhead.
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 Multiling Foundation Inc's IRS 990 filings:
- Extremely low and consistent $1 revenue reported in 2021, 2022, and 2023, making sustained operations difficult.
- Expenses consistently exceeding revenue in recent years (e.g., $3,200 expenses vs. $1 revenue in 2023).
- Declining asset base from $38,970 in 2017 to $29,601 in 2023, indicating financial strain.
- Significant drop in revenue from $37,277 in 2020 to $1 in subsequent years without clear explanation in filings.
Strengths
The following positive indicators were identified for Multiling Foundation Inc:
- Consistent reporting of 0% officer compensation, suggesting a volunteer-driven model.
- Regular filing of IRS 990 forms, indicating compliance with reporting requirements.
Frequently Asked Questions about Multiling Foundation Inc
Is Multiling Foundation Inc a legitimate charity?
Multiling Foundation Inc (EIN: 202043922) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 35/100. It has 12 years of IRS 990 filings on record. Total revenue: $1. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Multiling Foundation Inc spend its money?
Multiling Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Multiling Foundation Inc tax-deductible?
Multiling Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202043922). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Multiling Foundation Inc's spending goes to programs?
Multiling Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Multiling Foundation Inc compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Multiling Foundation Inc is below average for NTEE category B124 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Multiling Foundation Inc located?
Multiling Foundation Inc is headquartered in Kemmerer, Wyoming and files with the IRS under EIN 202043922. It is classified under NTEE code B124.
How many years of IRS 990 filings does Multiling Foundation Inc have?
Multiling Foundation Inc has 12 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 $1 in total revenue.
Is Multiling Foundation Inc a good charity?
Based on the available financial data, Multiling Foundation Inc's financial health is concerning due to extremely low revenue ($1 in 2023 and 2022) and expenses exceeding income. While officer compensation is 0%, the organization's ability to effectively pursue its mission with such limited funding is questionable.
How does Multiling Foundation Inc fund its operations with such low revenue?
With reported revenues of only $1 in 2023 and 2022, and expenses of $3,200 and $1,000 respectively, the organization appears to be funding its operations by drawing down on its assets, which have decreased from $32,801 in 2022 to $29,601 in 2023.
What caused the significant drop in revenue after 2020?
The filings show a significant drop in revenue from $37,277 in 2020 to $1 in 2021, 2022, and 2023. The IRS 990 data alone does not provide the specific reasons for this drastic decline, but it represents a critical shift in the organization's financial capacity.
Filing History
IRS 990 filing history for Multiling Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Multiling Foundation Inc's revenue has declined by 98.7%, moving from $79 to $1. Total assets decreased by 34.3% over the same period, from $45K to $30K. Total functional expenses rose by 16.4%, from $3K to $3K. In its most recent filing year (2023), Multiling Foundation Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $30K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $3K | $30K | $1 | — | — |
| 2022 | $1 | $1K | $33K | $1 | — | View 990 |
| 2021 | $1 | $0 | $34K | $1 | — | View 990 |
| 2020 | $37K | $5K | $34K | $1 | — | — |
| 2019 | $91 | $37K | $1K | $1 | — | — |
| 2017 | $37 | $0 | $39K | $0 | — | View 990 |
| 2016 | $37 | $0 | $39K | $0 | — | — |
| 2015 | $37 | $0 | $39K | $0 | — | — |
| 2014 | $537 | $250 | $39K | $0 | — | View 990 |
| 2013 | $37 | $6K | $39K | $0 | — | View 990 |
| 2012 | $2K | $3K | $44K | $0 | — | View 990 |
| 2011 | $79 | $3K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $3K, and assets of $30K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $1K, and assets of $33K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $34K (revenue -100.0% year-over-year).
- 2020: Revenue of $37K, expenses of $5K, and assets of $34K (revenue +40863.7% year-over-year).
- 2019: Revenue of $91, expenses of $37K, and assets of $1K (revenue +145.9% year-over-year).
- 2017: Revenue of $37, expenses of $0, and assets of $39K (revenue +0.0% year-over-year).
- 2016: Revenue of $37, expenses of $0, and assets of $39K (revenue +0.0% year-over-year).
- 2015: Revenue of $37, expenses of $0, and assets of $39K (revenue -93.1% year-over-year).
- 2014: Revenue of $537, expenses of $250, and assets of $39K (revenue +1351.4% year-over-year).
- 2013: Revenue of $37, expenses of $6K, and assets of $39K (revenue -98.2% year-over-year).
- 2012: Revenue of $2K, expenses of $3K, and assets of $44K (revenue +2486.1% year-over-year).
- 2011: Revenue of $79, expenses of $3K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Multiling Foundation Inc:
Data Sources and Methodology
This transparency report for Multiling 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.