Mushahida Foundation Inc
EIN: 853863532 · Cooper City, FL · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $805K |
| Total Expenses | $908K |
| Net Assets | $45K |
Is Mushahida Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mushahida Foundation Inc
Mushahida Foundation Inc (EIN: 853863532) is a nonprofit organization based in Cooper City, FL, classified under NTEE code T22. The organization reported total revenue of $805K and total assets of $214K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mushahida Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mushahida Foundation Inc is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 90.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $795K |
| Total Expenses | $908K |
| Surplus / Deficit | $-113,221 |
| Total Assets | $80K |
| Total Liabilities | $35K |
| Net Assets | $45K |
| Operating Margin | -14.2% |
| Debt-to-Asset Ratio | 43.9% |
| Months of Reserves | 1.1 months |
Financial Health Grade: C
In 2023, Mushahida Foundation Inc reported a deficit of $113K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 43.9% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Mushahida Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 90.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.1% | +41.4% | -57.6% |
| 2022 | +203.4% | +634.6% | +41.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mushahida Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mushahida Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.9%.
Frequently Asked Questions about Mushahida Foundation Inc
Is Mushahida Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mushahida Foundation Inc (EIN: 853863532) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mushahida Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Mushahida Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Mushahida Foundation Inc tax-deductible?
Mushahida Foundation Inc is registered as a tax-exempt nonprofit (EIN: 853863532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mushahida Foundation Inc located?
Mushahida Foundation Inc is headquartered in Cooper City, Florida and files with the IRS under EIN 853863532. It is classified under NTEE code T22.
How many years of IRS 990 filings does Mushahida Foundation Inc have?
Mushahida Foundation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $805K in total revenue.
Filing History
IRS 990 filing history for Mushahida Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Mushahida Foundation Inc's revenue has grown by 261.4%, moving from $220K to $795K. Total assets decreased by 39.9% over the same period, from $133K to $80K. Total functional expenses rose by 939%, from $87K to $908K. In its most recent filing year (2023), Mushahida Foundation Inc reported a deficit of $113K, with expenses exceeding revenue. The organization holds $35K in liabilities against $80K in assets (debt-to-asset ratio: 43.9%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $795K | $908K | $80K | $35K | — | View 990 |
| 2022 | $668K | $642K | $188K | $30K | — | — |
| 2021 | $220K | $87K | $133K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $795K, expenses of $908K, and assets of $80K (revenue +19.1% year-over-year).
- 2022: Revenue of $668K, expenses of $642K, and assets of $188K (revenue +203.4% year-over-year).
- 2021: Revenue of $220K, expenses of $87K, and assets of $133K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mushahida Foundation Inc:
Data Sources and Methodology
This transparency report for Mushahida 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.