Civic Intelligence

Mbia Foundation

990PF • Fiscal year 2024 • EIN 13-4163899

Jan 01, 2024 to Aug 28, 2024 • Filed on Oct 04, 2024

1 Manhattanville Road Suite 301Purchase, NY 10577

(914) 765-3834

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • <$500k nonprofits • Source year 2024

Net Margin

1st percentile

-10972%

Higher net margin than 1% of similar nonprofits.

2024 filings • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • <$500k nonprofits • Source year 2024

Asset Growth

4th percentile

-100%

Faster asset growth than 4% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-66%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$0

Down $42,899 (-100%) from 2023

Net Assets

Down

$0

Down $42,899 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$391

Down $758 (-66%) from 2023

Expenses

Up

$43,290

Up $23,238 (+116%) from 2023

Net Income

Down

-$42,899

Down $23,996 (-127%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $8,933,134Liabilities 2011: $02011Assets 2012: $10,126,846Liabilities 2012: $02012Assets 2013: $11,216,813Liabilities 2013: $02013Assets 2014: $12,027,789Liabilities 2014: $02014Assets 2015: $11,598,942Liabilities 2015: $02015Assets 2019: $8,136,610Liabilities 2019: $0Net Assets 2019: $8,136,6102019Assets 2020: $6,362,925Liabilities 2020: $0Net Assets 2020: $6,362,9252020Assets 2021: $5,539,847Liabilities 2021: $0Net Assets 2021: $5,539,8472021Assets 2022: $61,761Liabilities 2022: $0Net Assets 2022: $61,7612022Assets 2023: $42,899Liabilities 2023: $0Net Assets 2023: $42,8992023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $2,977,789Expenses 2011: $2,187,050Net Income 2011: $790,7392011Revenue 2012: $3,365,769Expenses 2012: $2,172,057Net Income 2012: $1,193,7122012Revenue 2013: $3,046,212Expenses 2013: $1,956,128Net Income 2013: $1,090,0842013Revenue 2014: $2,652,230Expenses 2014: $1,841,253Net Income 2014: $810,9772014Revenue 2015: $1,265,610Expenses 2015: $1,694,457Net Income 2015: -$428,8472015Revenue 2019: $273,690Expenses 2019: $1,174,344Net Income 2019: -$900,6542019Revenue 2020: $337,428Expenses 2020: $2,110,753Net Income 2020: -$1,773,3252020Revenue 2021: $389,242Expenses 2021: $1,212,835Net Income 2021: -$823,5932021Revenue 2022: $180,590Expenses 2022: $5,658,635Net Income 2022: -$5,478,0452022Revenue 2023: $1,149Expenses 2023: $20,052Net Income 2023: -$18,9032023Revenue 2024: $391Expenses 2024: $43,290Net Income 2024: -$42,8992024

Highlighted filing

2024

Revenue$391
Expenses$43,290
Net Income-$42,899
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Aug 28, 2024
Signed
Oct 4, 2024
Return Version
2023v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIMBERLY OSGOODDirector/President-$0--
JOSEPH BUONADONNADirector/Treasurer-$0--
JEAN MCGOVERNDirector/SecretaryPT$0--
SUE VOLTZDirector-$0--
CHRISTOPHER YOUNGDirector/Vice President-$0--
RICH MCKAYDirector-$0--
DAN AVITABILEDirector/Vice President-$0--
Filing and Contact Details

Filer

Filer Name
Mbia Foundation
EIN
13-4163899
Phone
9147653834
Address
1 MANHATTANVILLE ROAD SUITE 301, PURCHASE, NY 10577

Signing Officer

Name
Kimberly Osgood
Title
President
Phone
9147653834
Signed
2024-10-04
Discuss with paid preparer
Yes

Preparer

Firm
Deloitte Tax Llp
Address
12830 EL CAMINO REAL STE 600, SAN DIEGO, CA 92130
Preparer
Jocelyne Miller
Phone
6162326500
Raw XML Appendix324 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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DissolutionStmt/DissolutionInformationGrp/DissolutionAmt00
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt0THE TAXPAYER FULLY LIQUIDATED ITS ASSETS DURING THE TAX YEAR, WHICH CONSISTED OF CASH EQUIVALENT ASSETS INCLUDING MONEY MARKET INVESTMENTS. CASH WAS USED TO FUND THE FOUNDATION'S REMAINING EXPENSES AND ANY RESIDUAL CASH BALANCES WERE USED TO PROVIDE GRANTS TO 501(C)3 FOUNDATIONS, AS DETAILED ON PART I OF FORM 990-PF.
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IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt01128
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IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt05
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd010577
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd01
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum09147653834
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd00
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0HTTPS://WWW.MBIA.COM/ABOUT/ABOUT_FOUNDATION.HTML
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE FOUNDATION PROVIDES GRANTS AND DONATIONS TO 501(C)(3) ORGANIZATIONS.THERE IS NO SIGNIFICANT EXPENSE INCURRED TO ACCOMPLISH THIS ACTIVITY.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt020800
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt120800
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0GENERAL OPERATING PURPOSE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1GENERAL OPERATING PURPOSE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0MEMORIAL SLOAN KETTERING CANCER CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1THE ARC WESTCHESTER FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt01275 YORK AVENUE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1265 SAW MILL RIVER ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1HAWTHORNE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd010065
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd110532
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt041600
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt01123
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt01123
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt016481
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt05374236
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0837560
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt01702476
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0717581
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0717581
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt07972920
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt042167
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt016481
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt05374236
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0837560
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt01702476
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt043290
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt042167
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt08690501
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt08648334
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
LiquidationExplanationStmt/ExplanationTxt0OFFICERS OF THE FOUNDATION DISSOLVED THE FOUNDATION DURING THE 2024 TAX YEAR, WHICH CAUSED THE TAXPAYER TO HAVE A SUBSTANTIAL CONTRACTION DURING THE TAX YEAR.
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt0246
OtherIncomeSchedule2/OtherIncomeDetail/Desc0OTHER INCOME
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0246
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0246
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt01690
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0BANKING FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt01690
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY OSGOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09147653834
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MBIA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MBIA
ReturnHeader/Filer/EIN0134163899
ReturnHeader/Filer/PhoneNum09147653834
ReturnHeader/Filer/USAddress/AddressLine1Txt01 MANHATTANVILLE ROAD SUITE 301
ReturnHeader/Filer/USAddress/CityNm0PURCHASE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010577
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861065772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DELOITTE TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012830 EL CAMINO REAL STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN DIEGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092130
ReturnHeader/PreparerPersonGrp/PhoneNum06162326500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOCELYNE MILLER
ReturnHeader/ReturnTs02024-10-08T21:42:02-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-08-28
ReturnHeader/TaxYr02023

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