The Mosaic Fund
The Mosaic Fund reports $0 revenue and assets in its latest filing, following years of significant financial deficits.
EIN: 137045257 · Loudon, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $24K |
| Program Spending | 75% |
| Net Assets | $0 |
| Transparency Score | 20/100 |
Is The Mosaic Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Mosaic Fund directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Mosaic Fund
The Mosaic Fund (EIN: 137045257) is a nonprofit organization based in Loudon, NH. 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 Mosaic Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Mosaic Fund is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -85.0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $24K |
| Surplus / Deficit | $-21,616 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -1086.2% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2014, The Mosaic Fund reported a deficit of $22K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), The Mosaic Fund's revenue has declined at a compound annual growth rate (CAGR) of -85.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -98.6% | -98.8% | -100.0% |
| 2013 | -85.3% | +170.5% | -98.7% |
| 2012 | +64.9% | -11.0% | +26.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Mosaic Fund with a Mission Score of 20 out of 100 (Poor). 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Mosaic Fund allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries were paid to officers, which is unusual for an organization that previously managed significant revenues and expenses.
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 Mosaic Fund's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation.
- Significant and consistent deficits, with expenses far exceeding revenue in multiple periods (e.g., 2013 expenses of $2M vs. revenue of $142K).
- Unexplained drastic decline in financial activity from 2012 to subsequent years.
- Reported liabilities of only $1 in periods with large deficits, which is highly unusual and may indicate incomplete reporting or specific accounting practices that need clarification.
Strengths
The following positive indicators were identified for The Mosaic Fund:
- Consistent reporting of 0% officer compensation, suggesting resources were not diverted to executive salaries.
Frequently Asked Questions about The Mosaic Fund
Is The Mosaic Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, The Mosaic Fund (EIN: 137045257) significant concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
How does The Mosaic Fund spend its money?
The Mosaic Fund directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Mosaic Fund tax-deductible?
The Mosaic Fund is registered as a tax-exempt nonprofit (EIN: 137045257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Mosaic Fund's spending goes to programs?
The Mosaic Fund directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Mosaic Fund located?
The Mosaic Fund is headquartered in Loudon, New Hampshire and files with the IRS under EIN 137045257.
How many years of IRS 990 filings does The Mosaic Fund have?
The Mosaic Fund has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is The Mosaic Fund still operational given its $0 revenue and assets?
Based on the latest available IRS 990 data showing $0 revenue and $0 assets, it is highly probable that The Mosaic Fund is no longer actively operating or has significantly scaled down its activities to a dormant state.
What caused the drastic decline in revenue and assets from 2012 to the latest filing?
The provided data does not specify the exact causes, but the decline from $966,036 in revenue and $1,627,436 in assets in 2012 to $0 in the latest filing suggests a major operational or financial event, such as a winding down of activities, loss of funding, or a merger.
How did The Mosaic Fund manage expenses exceeding revenue by such large margins in 2013 and 2014?
In 2013, expenses were $2,003,812 against $142,242 in revenue, and in 2014, expenses were $23,606 against $1,990 in revenue. This suggests the organization was likely drawing down on prior year assets or relying on significant liabilities, though liabilities were reported as only $1 in those periods, which is contradictory and warrants further investigation into the full 990 forms.
Filing History
IRS 990 filing history for The Mosaic Fund showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), The Mosaic Fund's revenue has declined by 99.7%, moving from $586K to $2K. Total assets decreased by 100% over the same period, from $1.3M to $1. Total functional expenses fell by 97.2%, from $832K to $24K. In its most recent filing year (2014), The Mosaic Fund reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $2K | $24K | $1 | $1 | — | View 990 |
| 2013 | $142K | $2.0M | $22K | $1 | — | View 990 |
| 2012 | $966K | $741K | $1.6M | $1 | — | View 990 |
| 2011 | $586K | $832K | $1.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $2K, expenses of $24K, and assets of $1 (revenue -98.6% year-over-year).
- 2013: Revenue of $142K, expenses of $2.0M, and assets of $22K (revenue -85.3% year-over-year).
- 2012: Revenue of $966K, expenses of $741K, and assets of $1.6M (revenue +64.9% year-over-year).
- 2011: Revenue of $586K, expenses of $832K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Mosaic Fund:
Data Sources and Methodology
This transparency report for The Mosaic Fund 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.