Pat Moran Family Foundation Inc
Pat Moran Family Foundation maintains strong assets and zero officer compensation despite fluctuating annual revenues.
EIN: 205552465 · Deerfield Bch, FL · NTEE: T20 · Updated: 2026-03-28
Is Pat Moran Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pat Moran Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pat Moran Family Foundation Inc
Pat Moran Family Foundation Inc (EIN: 205552465) is a nonprofit organization based in Deerfield Bch, FL, classified under NTEE code T20. The organization reported total revenue of $2.4M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pat Moran Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pat Moran Family Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Pat Moran Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for resource allocation to the mission.
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 Pat Moran Family Foundation Inc's IRS 990 filings:
- Significant annual revenue volatility, with 2023 revenue ($427,457) being considerably lower than expenses ($1,157,751), requiring reliance on reserves.
Strengths
The following positive indicators were identified for Pat Moran Family Foundation Inc:
- Consistent 0% officer compensation, indicating high efficiency in resource allocation.
- Strong and growing asset base, reaching over $10 million in 2023, providing long-term financial stability.
- Long history of IRS 990 filings, demonstrating transparency and accountability.
Frequently Asked Questions about Pat Moran Family Foundation Inc
Is Pat Moran Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pat Moran Family Foundation Inc (EIN: 205552465) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Pat Moran Family Foundation Inc spend its money?
Pat Moran Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pat Moran Family Foundation Inc tax-deductible?
Pat Moran Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205552465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pat Moran Family Foundation Inc. financially stable?
Yes, the foundation appears financially stable, with a growing asset base of $10,011,750 in 2023, despite annual revenue fluctuations. This suggests a strong endowment or investment strategy supporting its operations.
How does the foundation manage its expenses when revenue is low?
In years like 2023, when revenue was $427,457 and expenses were $1,157,751, the foundation likely utilized its substantial assets or prior year's accumulated revenue to cover its operational and grantmaking costs, which is a common practice for foundations.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $1,500,033 in 2011 to $10,011,750 in 2023, indicating effective asset management and growth over time.
Filing History
IRS 990 filing history for Pat Moran Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pat Moran Family Foundation Inc's revenue has declined by 71.5%, moving from $1.5M to $427K. Total assets increased by 567.4% over the same period, from $1.5M to $10.0M. In its most recent filing year (2023), Pat Moran Family Foundation Inc reported a deficit of $730K, with expenses exceeding revenue. The organization holds $540K in liabilities against $10.0M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $427K | $1.2M | $10.0M | $540K | — | — |
| 2022 | $2.4M | $793K | $10.7M | $1 | — | View 990 |
| 2021 | $1.4M | $1.4M | $9.2M | $35K | — | View 990 |
| 2020 | $585K | $1.3M | $9.2M | $200K | — | View 990 |
| 2019 | $1.2M | $2.2M | $9.8M | $760K | — | View 990 |
| 2015 | $1.7M | $305K | $7.2M | $350K | — | View 990 |
| 2014 | $1.6M | $231K | $5.8M | $400K | — | View 990 |
| 2013 | $1.6M | $168K | $4.4M | $0 | — | View 990 |
| 2012 | $1.6M | $25K | $3.0M | $0 | — | View 990 |
| 2011 | $1.5M | $0 | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $427K, expenses of $1.2M, and assets of $10.0M (revenue -81.9% year-over-year).
- 2022: Revenue of $2.4M, expenses of $793K, and assets of $10.7M (revenue +69.5% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $9.2M (revenue +138.6% year-over-year).
- 2020: Revenue of $585K, expenses of $1.3M, and assets of $9.2M (revenue -52.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $2.2M, and assets of $9.8M (revenue -28.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $305K, and assets of $7.2M (revenue +7.5% year-over-year).
- 2014: Revenue of $1.6M, expenses of $231K, and assets of $5.8M (revenue +2.9% year-over-year).
- 2013: Revenue of $1.6M, expenses of $168K, and assets of $4.4M (revenue -0.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $25K, and assets of $3.0M (revenue +4.4% year-over-year).
- 2011: Revenue of $1.5M, expenses of $0, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Pat Moran Family 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.