The Milo Foundation
The Milo Foundation operates as a small, volunteer-led nonprofit with minimal revenue and expenses, consistently reporting zero executive compensation.
EIN: 204175388 · Bountiful, UT · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $5K |
| Program Spending | 90% |
| Net Assets | $18K |
| Transparency Score | 85/100 |
Is The Milo Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Milo Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Milo Foundation
The Milo Foundation (EIN: 204175388) is a nonprofit organization based in Bountiful, UT, classified under NTEE code T23. The organization reported total revenue of $6K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Milo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Milo Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 103.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $5K |
| Surplus / Deficit | +$33 |
| Total Assets | $18K |
| Total Liabilities | $1 |
| Net Assets | $18K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.7 months |
Financial Health Grade: A
In 2023, The Milo Foundation reported a surplus of $33 with revenue exceeding expenses, holds 43.7 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), The Milo Foundation's revenue has grown at a compound annual growth rate (CAGR) of 103.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | -2.3% | +0.2% |
| 2022 | +25.5% | +117.7% | -0.2% |
| 2021 | +262.3% | +11.3% | +10.3% |
| 2020 | -64.2% | -42.2% | -5.7% |
| 2019 | -37.9% | +61.3% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 The Milo Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Milo Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Milo Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are allocated to executive salaries, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for The Milo Foundation:
- Consistent zero officer compensation, indicating volunteer leadership and efficient use of funds.
- Low liabilities, consistently reported as $1 or $0, suggesting strong financial solvency and minimal debt.
- Expenses generally align with or are below revenue, demonstrating fiscal prudence.
- Stable asset base for a micro-nonprofit, indicating consistent financial management.
Frequently Asked Questions about The Milo Foundation
Is The Milo Foundation a legitimate charity?
The Milo Foundation (EIN: 204175388) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does The Milo Foundation spend its money?
The Milo Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Milo Foundation tax-deductible?
The Milo Foundation is registered as a tax-exempt nonprofit (EIN: 204175388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Milo Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Milo Foundation is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Milo Foundation located?
The Milo Foundation is headquartered in Bountiful, Utah and files with the IRS under EIN 204175388. It is classified under NTEE code T23.
How many years of IRS 990 filings does The Milo Foundation have?
The Milo 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 $6K in total revenue.
Is The Milo Foundation a good charity?
Based on the available IRS 990 data, The Milo Foundation appears to be a fiscally responsible, volunteer-run organization. Its consistent reporting of zero officer compensation and low liabilities are positive indicators. However, its very small scale means its impact is likely localized and limited by its financial capacity.
How does The Milo Foundation manage its expenses relative to its revenue?
The Milo Foundation generally manages its expenses to be at or below its revenue. For example, in 2023, revenue was $5,002 and expenses were $4,969, showing tight management. There have been years with slight deficits (e.g., 2022, 2020, 2019) but these have been minor and haven't significantly impacted its small asset base.
What is the trend in The Milo Foundation's assets?
The Milo Foundation's assets have remained relatively stable over the past decade, fluctuating between approximately $15,000 and $20,000. The latest reported assets are $16,897, which is consistent with its historical range, indicating no significant growth or decline in its financial reserves.
Filing History
IRS 990 filing history for The Milo Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Milo Foundation's revenue has grown by 500100%, moving from $1 to $5K. Total assets increased by 1811000% over the same period, from $1 to $18K. In its most recent filing year (2023), The Milo Foundation reported a surplus of $33, with revenue exceeding expenses. The organization holds $1 in liabilities against $18K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $5K | $18K | $1 | — | — |
| 2022 | $5K | $5K | $18K | $1 | — | — |
| 2021 | $4K | $2K | $18K | $1 | — | — |
| 2020 | $1K | $2K | $16K | $1 | — | — |
| 2019 | $3K | $4K | $17K | $1 | — | View 990 |
| 2015 | $5K | $2K | $20K | $1 | — | View 990 |
| 2014 | $7K | $7K | $18K | $1 | — | View 990 |
| 2013 | $5K | $4K | $17K | $0 | — | View 990 |
| 2012 | $18K | $2K | $16K | $1 | — | View 990 |
| 2011 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $5K, and assets of $18K (revenue -1.0% year-over-year).
- 2022: Revenue of $5K, expenses of $5K, and assets of $18K (revenue +25.5% year-over-year).
- 2021: Revenue of $4K, expenses of $2K, and assets of $18K (revenue +262.3% year-over-year).
- 2020: Revenue of $1K, expenses of $2K, and assets of $16K (revenue -64.2% year-over-year).
- 2019: Revenue of $3K, expenses of $4K, and assets of $17K (revenue -37.9% year-over-year).
- 2015: Revenue of $5K, expenses of $2K, and assets of $20K (revenue -28.6% year-over-year).
- 2014: Revenue of $7K, expenses of $7K, and assets of $18K (revenue +39.8% year-over-year).
- 2013: Revenue of $5K, expenses of $4K, and assets of $17K (revenue -72.2% year-over-year).
- 2012: Revenue of $18K, expenses of $2K, and assets of $16K (revenue +1799900.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Milo Foundation:
Data Sources and Methodology
This transparency report for The Milo 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.