The Edward R And Viola F Malde Foundation
The Edward R And Viola F Malde Foundation reports no revenue or assets in its latest filing, following years of minimal financial activity.
EIN: 205249520 · Wilmington, DE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $7K |
| Program Spending | 80% |
| Net Assets | $79K |
| Transparency Score | 55/100 |
Is The Edward R And Viola F Malde Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Edward R And Viola F Malde Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Edward R And Viola F Malde Foundation
The Edward R And Viola F Malde Foundation (EIN: 205249520) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Edward R And Viola F Malde Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Edward R And Viola F Malde Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -25.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $7K |
| Surplus / Deficit | $-3,787 |
| Total Assets | $79K |
| Total Liabilities | $1 |
| Net Assets | $79K |
| Operating Margin | -133.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 143.7 months |
Financial Health Grade: B
In 2015, The Edward R And Viola F Malde Foundation reported a deficit of $4K with expenses exceeding revenue, holds 143.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Edward R And Viola F Malde Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -30.5% | +17.1% | -4.6% |
| 2014 | -55.8% | -28.5% | -1.9% |
| 2013 | +57.4% | -79.7% | +1.6% |
| 2012 | -35.9% | — | -31.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Edward R And Viola F Malde Foundation with a Mission Score of 55 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: 80%
- fundraising: 0%
According to IRS 990 filings, The Edward R And Viola F Malde Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors received compensation from the foundation, which is positive for a small organization.
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 The Edward R And Viola F Malde Foundation's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential inactivity or dissolution.
- Significant decline in assets from $121,534 in 2011 to $0 in the latest period without clear explanation in the summary data.
Strengths
The following positive indicators were identified for The Edward R And Viola F Malde Foundation:
- Consistent reporting of 0% officer compensation, indicating no private benefit to executives.
Frequently Asked Questions about The Edward R And Viola F Malde Foundation
Is The Edward R And Viola F Malde Foundation a legitimate charity?
The Edward R And Viola F Malde Foundation (EIN: 205249520) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 55/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 1 strength noted. Financial health grade: B.
How does The Edward R And Viola F Malde Foundation spend its money?
The Edward R And Viola F Malde Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Edward R And Viola F Malde Foundation tax-deductible?
The Edward R And Viola F Malde Foundation is registered as a tax-exempt nonprofit (EIN: 205249520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Edward R And Viola F Malde Foundation located?
The Edward R And Viola F Malde Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205249520.
How many years of IRS 990 filings does The Edward R And Viola F Malde Foundation have?
The Edward R And Viola F Malde Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the current status of The Edward R And Viola F Malde Foundation given its $0 revenue and assets?
The latest filing indicates the foundation has no revenue or assets, suggesting it may be inactive or in the process of winding down, though further investigation of the full 990 filing would be needed to confirm.
What were the primary programs or grants supported by the foundation in previous years?
The provided data does not detail specific programs or grants. To understand the foundation's programmatic impact, one would need to review the full IRS 990 forms from previous periods.
Filing History
IRS 990 filing history for The Edward R And Viola F Malde Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Edward R And Viola F Malde Foundation's revenue has declined by 69%, moving from $9K to $3K. Total assets decreased by 34.7% over the same period, from $122K to $79K. In its most recent filing year (2015), The Edward R And Viola F Malde Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $79K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $79K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3K | $7K | $79K | $1 | — | View 990 |
| 2014 | $4K | $6K | $83K | $0 | — | View 990 |
| 2013 | $9K | $8K | $85K | $1 | — | View 990 |
| 2012 | $6K | $39K | $83K | $1 | — | View 990 |
| 2011 | $9K | $0 | $122K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $3K, expenses of $7K, and assets of $79K (revenue -30.5% year-over-year).
- 2014: Revenue of $4K, expenses of $6K, and assets of $83K (revenue -55.8% year-over-year).
- 2013: Revenue of $9K, expenses of $8K, and assets of $85K (revenue +57.4% year-over-year).
- 2012: Revenue of $6K, expenses of $39K, and assets of $83K (revenue -35.9% year-over-year).
- 2011: Revenue of $9K, expenses of $0, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Edward R And Viola F Malde Foundation:
Data Sources and Methodology
This transparency report for The Edward R And Viola F Malde 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.