Noboru Murakami And Hiroko Murakami Foundation
Noboru Murakami And Hiroko Murakami Foundation consistently operates at a deficit with declining assets and minimal revenue.
EIN: 20491078 · Gilford, NH · NTEE: P58Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19 |
| Total Expenses | $3K |
| Net Assets | $23K |
| Transparency Score | 10/100 |
Is Noboru Murakami And Hiroko Murakami Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Noboru Murakami And Hiroko Murakami Foundation
Noboru Murakami And Hiroko Murakami Foundation (EIN: 20491078) is a nonprofit organization based in Gilford, NH, classified under NTEE code P58Z. The organization reported total revenue of $19 and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noboru Murakami And Hiroko Murakami Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noboru Murakami And Hiroko Murakami Foundation is a micro nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -21.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15 |
| Total Expenses | $3K |
| Surplus / Deficit | $-3,320 |
| Total Assets | $23K |
| Total Liabilities | $1 |
| Net Assets | $23K |
| Operating Margin | -22133.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 82.0 months |
Financial Health Grade: B
In 2023, Noboru Murakami And Hiroko Murakami Foundation reported a deficit of $3K with expenses exceeding revenue, holds 82.0 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), Noboru Murakami And Hiroko Murakami Foundation's revenue has declined at a compound annual growth rate (CAGR) of -21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -8.1% | -12.7% |
| 2022 | -40.0% | +29.7% | -12.2% |
| 2021 | -81.3% | -15.9% | -8.5% |
| 2020 | -76.1% | -55.1% | -8.9% |
| 2019 | +1091.5% | +54.8% | -36.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Noboru Murakami And Hiroko Murakami Foundation with a Mission Score of 10 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.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Noboru Murakami And Hiroko Murakami Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
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 no salaries are paid to executives, which is common for very small, volunteer-run foundations.
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 Noboru Murakami And Hiroko Murakami Foundation's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $15 revenue vs. $3,335 expenses in 2023).
- Steadily declining asset base over time (from $65,762 in 2013 to $22,783 in 2023).
- Extremely low revenue generation, suggesting limited financial support or activity.
- Lack of clear programmatic spending, with expenses likely administrative in nature.
Strengths
The following positive indicators were identified for Noboru Murakami And Hiroko Murakami Foundation:
- No executive compensation reported, indicating a volunteer-driven structure.
- Low liabilities, suggesting minimal debt burden.
Frequently Asked Questions about Noboru Murakami And Hiroko Murakami Foundation
Is Noboru Murakami And Hiroko Murakami Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Noboru Murakami And Hiroko Murakami Foundation (EIN: 20491078) significant concerns. Mission Score: 10/100. 4 red flags identified, 2 strengths noted.
How does Noboru Murakami And Hiroko Murakami Foundation spend its money?
Detailed spending breakdown data is not yet available for Noboru Murakami And Hiroko Murakami Foundation. Check back for updated IRS 990 analysis.
Are donations to Noboru Murakami And Hiroko Murakami Foundation tax-deductible?
Noboru Murakami And Hiroko Murakami Foundation is registered as a tax-exempt nonprofit (EIN: 20491078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Noboru Murakami And Hiroko Murakami Foundation compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), Noboru Murakami And Hiroko Murakami Foundation is below average for NTEE category P58Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Noboru Murakami And Hiroko Murakami Foundation located?
Noboru Murakami And Hiroko Murakami Foundation is headquartered in Gilford, New Hampshire and files with the IRS under EIN 20491078. It is classified under NTEE code P58Z.
How many years of IRS 990 filings does Noboru Murakami And Hiroko Murakami Foundation have?
Noboru Murakami And Hiroko Murakami Foundation has 10 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 $19 in total revenue.
What is the primary purpose of the Noboru Murakami And Hiroko Murakami Foundation, given its NTEE code P58Z (Foundations & Fund-Raising Organizations)?
The NTEE code P58Z indicates it's a foundation or fundraising organization, but with minimal revenue and significant deficits, its actual grant-making or programmatic activity is unclear from the financial data alone.
How does the foundation sustain its operations with such low revenue and consistent deficits?
The foundation appears to be drawing down its existing assets to cover expenses, as evidenced by the consistent decline in assets from $65,762 in 2013 to $22,783 in 2023, while revenue remains negligible.
Are there any programmatic activities or grants being made by the foundation?
With expenses consistently exceeding revenue and no specific breakdown of program spending available in the provided data, it's difficult to ascertain if any significant programmatic activities or grants are being made. The spending appears to be primarily administrative to maintain the foundation's existence.
Filing History
IRS 990 filing history for Noboru Murakami And Hiroko Murakami Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Noboru Murakami And Hiroko Murakami Foundation's revenue has declined by 94.4%, moving from $266 to $15. Total assets decreased by 49% over the same period, from $45K to $23K. Total functional expenses fell by 31.4%, from $5K to $3K. In its most recent filing year (2023), Noboru Murakami And Hiroko Murakami Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $23K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15 | $3K | $23K | $1 | — | — |
| 2022 | $15 | $4K | $26K | $1 | — | — |
| 2021 | $25 | $3K | $30K | $1 | — | View 990 |
| 2020 | $134 | $3K | $32K | $1 | — | View 990 |
| 2019 | $560 | $7K | $36K | $1 | — | View 990 |
| 2015 | $47 | $5K | $56K | $0 | — | View 990 |
| 2014 | $48 | $5K | $61K | $0 | — | View 990 |
| 2013 | $31K | $6K | $66K | $0 | — | View 990 |
| 2012 | $137 | $5K | $40K | $0 | — | View 990 |
| 2011 | $266 | $5K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15, expenses of $3K, and assets of $23K (revenue +0.0% year-over-year).
- 2022: Revenue of $15, expenses of $4K, and assets of $26K (revenue -40.0% year-over-year).
- 2021: Revenue of $25, expenses of $3K, and assets of $30K (revenue -81.3% year-over-year).
- 2020: Revenue of $134, expenses of $3K, and assets of $32K (revenue -76.1% year-over-year).
- 2019: Revenue of $560, expenses of $7K, and assets of $36K (revenue +1091.5% year-over-year).
- 2015: Revenue of $47, expenses of $5K, and assets of $56K (revenue -2.1% year-over-year).
- 2014: Revenue of $48, expenses of $5K, and assets of $61K (revenue -99.8% year-over-year).
- 2013: Revenue of $31K, expenses of $6K, and assets of $66K (revenue +22561.3% year-over-year).
- 2012: Revenue of $137, expenses of $5K, and assets of $40K (revenue -48.5% year-over-year).
- 2011: Revenue of $266, expenses of $5K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noboru Murakami And Hiroko Murakami Foundation:
Data Sources and Methodology
This transparency report for Noboru Murakami And Hiroko Murakami 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.