The Mohit Blachford Family Foundation Inc
Mohit Blachford Family Foundation faces significant asset depletion due to consistent spending exceeding revenue over the past decade.
EIN: 203955114 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $982K |
| Total Expenses | $468K |
| Program Spending | 80% |
| Net Assets | $276K |
| Transparency Score | 55/100 |
Is The Mohit Blachford 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 →
The Mohit Blachford Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Mohit Blachford Family Foundation Inc
The Mohit Blachford Family Foundation Inc (EIN: 203955114) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $982K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Mohit Blachford Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Mohit Blachford Family Foundation Inc is a small nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $468K |
| Surplus / Deficit | $-348,921 |
| Total Assets | $276K |
| Total Liabilities | $1 |
| Net Assets | $276K |
| Operating Margin | -292.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2020, The Mohit Blachford Family Foundation Inc reported a deficit of $349K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), The Mohit Blachford Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +36.2% | -19.1% | -55.8% |
| 2019 | +38.0% | +173.4% | -9.3% |
| 2015 | -40.3% | -33.5% | -17.7% |
| 2014 | +84.0% | +68.8% | -20.2% |
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 Mohit Blachford Family Foundation Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Mohit Blachford Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $349K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which can be a positive for program efficiency.
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 Mohit Blachford Family Foundation Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) across multiple years.
- Significant depletion of assets, from over $1.4 million in 2011 to $38,921 currently.
- Latest revenue figure of $982,231 is an outlier and lacks corresponding expense data for a complete financial picture.
Strengths
The following positive indicators were identified for The Mohit Blachford Family Foundation Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds for leadership.
- Maintains minimal liabilities, suggesting good debt management.
- Consistent filing of IRS 990 forms, indicating transparency in reporting.
Frequently Asked Questions about The Mohit Blachford Family Foundation Inc
Is The Mohit Blachford Family Foundation Inc a legitimate charity?
The Mohit Blachford Family Foundation Inc (EIN: 203955114) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 55/100. It has 7 years of IRS 990 filings on record. Total revenue: $982K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Mohit Blachford Family Foundation Inc spend its money?
The Mohit Blachford Family Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Mohit Blachford Family Foundation Inc tax-deductible?
The Mohit Blachford Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203955114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Mohit Blachford Family Foundation Inc's spending goes to programs?
The Mohit Blachford Family Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Mohit Blachford Family Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), The Mohit Blachford Family Foundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Mohit Blachford Family Foundation Inc located?
The Mohit Blachford Family Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 203955114. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Mohit Blachford Family Foundation Inc have?
The Mohit Blachford Family Foundation Inc has 7 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 $982K in total revenue.
Is The Mohit Blachford Family Foundation Inc financially sustainable?
Based on the provided data, the foundation's financial sustainability is questionable. It has consistently reported expenses exceeding revenue, leading to a significant decline in assets from over $1.4 million in 2011 to $38,921 currently. While the latest revenue figure of $982,231 is high, its impact on long-term sustainability cannot be fully assessed without corresponding expense data for that period.
What caused the significant decline in the foundation's assets?
The primary cause of the asset decline appears to be consistent operational deficits, where annual expenses have significantly outpaced annual revenues across multiple reporting periods (e.g., $468,243 expenses vs. $119,322 revenue in 2020; $579,123 expenses vs. $87,585 revenue in 2019).
How does the foundation fund its operations given the deficits?
The foundation has historically funded its operations by drawing down on its existing asset base. This is evident from the continuous decrease in assets over the years, from $1,439,523 in 2011 to $38,921 currently.
Filing History
IRS 990 filing history for The Mohit Blachford Family Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), The Mohit Blachford Family Foundation Inc's revenue has grown by 277.4%, moving from $32K to $119K. Total assets decreased by 80.8% over the same period, from $1.4M to $276K. Total functional expenses rose by 559.9%, from $71K to $468K. In its most recent filing year (2020), The Mohit Blachford Family Foundation Inc reported a deficit of $349K, with expenses exceeding revenue. The organization holds $1 in liabilities against $276K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $276K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $119K | $468K | $276K | $1 | — | View 990 |
| 2019 | $88K | $579K | $625K | $1 | — | — |
| 2015 | $63K | $212K | $689K | $1 | — | View 990 |
| 2014 | $106K | $319K | $837K | $1 | — | View 990 |
| 2013 | $58K | $189K | $1.0M | $1 | — | View 990 |
| 2012 | $-125,874 | $133K | $1.2M | $1 | — | View 990 |
| 2011 | $32K | $71K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $119K, expenses of $468K, and assets of $276K (revenue +36.2% year-over-year).
- 2019: Revenue of $88K, expenses of $579K, and assets of $625K (revenue +38.0% year-over-year).
- 2015: Revenue of $63K, expenses of $212K, and assets of $689K (revenue -40.3% year-over-year).
- 2014: Revenue of $106K, expenses of $319K, and assets of $837K (revenue +84.0% year-over-year).
- 2013: Revenue of $58K, expenses of $189K, and assets of $1.0M.
- 2012: Revenue of $-125,874, expenses of $133K, and assets of $1.2M (revenue -498.1% year-over-year).
- 2011: Revenue of $32K, expenses of $71K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Mohit Blachford Family Foundation Inc:
Data Sources and Methodology
This transparency report for The Mohit Blachford 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.