The Moraine Foundation
The Moraine Foundation shows consistent asset growth and strong financial surpluses with no reported officer compensation.
EIN: 204195024 · Seattle, WA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.6M |
| Transparency Score | 85/100 |
Is The Moraine Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Moraine Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Moraine Foundation
The Moraine Foundation (EIN: 204195024) is a nonprofit organization based in Seattle, WA, classified under NTEE code T20. The organization reported total revenue of $5.8M and total assets of $7.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Moraine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Moraine Foundation is a mid-size 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 12.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $5.6M |
| Total Liabilities | $1 |
| Net Assets | $5.6M |
| Operating Margin | 40.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.7 months |
Financial Health Grade: A
In 2023, The Moraine Foundation reported a surplus of $1.1M 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 Moraine Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +105.7% | -25.1% | +21.0% |
| 2022 | +14.7% | +77.3% | -2.4% |
| 2021 | -73.4% | -6.9% | -2.1% |
| 2020 | +12.6% | +83.5% | +25.5% |
| 2019 | +184.9% | +4425.1% | +62.9% |
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 Moraine 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Moraine Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Moraine Foundation consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive compensation is categorized differently within their expenses, which is highly unusual for an organization of its size with assets exceeding $5 million.
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 Moraine Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and could indicate compensation is reported under other categories or a fully volunteer executive team.
Strengths
The following positive indicators were identified for The Moraine Foundation:
- Strong and consistent asset growth, from $1,035,070 in 2011 to $5,575,122 in 2023.
- Minimal liabilities reported across all filings ($0 or $1), indicating low financial risk.
- Consistent positive net income in most years, demonstrating effective financial management (e.g., $2,586,080 revenue vs. $1,531,861 expenses in 2023).
- No reported officer compensation, suggesting resources are directed elsewhere or leadership is volunteer-based.
Frequently Asked Questions about The Moraine Foundation
Is The Moraine Foundation a legitimate charity?
The Moraine Foundation (EIN: 204195024) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does The Moraine Foundation spend its money?
The Moraine Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Moraine Foundation tax-deductible?
The Moraine Foundation is registered as a tax-exempt nonprofit (EIN: 204195024). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Moraine Foundation CEO make?
The Moraine Foundation's highest-compensated officer earns $5 annually. The organization reported $5.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Moraine Foundation's spending goes to programs?
The Moraine Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Moraine Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Moraine Foundation is above 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 Moraine Foundation located?
The Moraine Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 204195024. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Moraine Foundation have?
The Moraine 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 $5.8M in total revenue.
Is The Moraine Foundation a good charity?
Based on its strong financial health, consistent asset growth, and minimal liabilities, The Moraine Foundation appears to be a financially sound organization. The absence of reported officer compensation is also a positive indicator of resource allocation, though further detail on functional expenses would provide a more complete picture of program efficiency.
How has The Moraine Foundation's revenue trended?
The Moraine Foundation's revenue has shown significant fluctuations but an overall upward trend, from $659,280 in 2011 to $2,586,080 in 2023, with a peak of $4,118,830 in 2020.
What is the organization's financial stability?
The organization demonstrates strong financial stability, with assets growing from $1,035,070 in 2011 to $5,575,122 in 2023, and consistently reporting minimal liabilities ($0 or $1) across all filings.
Filing History
IRS 990 filing history for The Moraine Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Moraine Foundation's revenue has grown by 292.3%, moving from $659K to $2.6M. Total assets increased by 438.6% over the same period, from $1.0M to $5.6M. Total functional expenses rose by 146.1%, from $623K to $1.5M. In its most recent filing year (2023), The Moraine Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.5M | $5.6M | $1 | — | — |
| 2022 | $1.3M | $2.0M | $4.6M | $1 | — | View 990 |
| 2021 | $1.1M | $1.2M | $4.7M | $1 | — | — |
| 2020 | $4.1M | $1.2M | $4.8M | $1 | — | View 990 |
| 2019 | $3.7M | $675K | $3.8M | $1 | — | — |
| 2015 | $1.3M | $15K | $2.4M | $1 | — | View 990 |
| 2014 | $1.1M | $76K | $1.8M | $1 | — | View 990 |
| 2013 | $498K | $435K | $1.4M | $1 | — | View 990 |
| 2012 | $2.8M | $512K | $1.6M | $1 | — | View 990 |
| 2011 | $659K | $623K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.5M, and assets of $5.6M (revenue +105.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $2.0M, and assets of $4.6M (revenue +14.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $4.7M (revenue -73.4% year-over-year).
- 2020: Revenue of $4.1M, expenses of $1.2M, and assets of $4.8M (revenue +12.6% year-over-year).
- 2019: Revenue of $3.7M, expenses of $675K, and assets of $3.8M (revenue +184.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $15K, and assets of $2.4M (revenue +17.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $76K, and assets of $1.8M (revenue +119.0% year-over-year).
- 2013: Revenue of $498K, expenses of $435K, and assets of $1.4M (revenue -82.0% year-over-year).
- 2012: Revenue of $2.8M, expenses of $512K, and assets of $1.6M (revenue +320.1% year-over-year).
- 2011: Revenue of $659K, expenses of $623K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Moraine Foundation:
Data Sources and Methodology
This transparency report for The Moraine 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.