7 Spotted Ladybugs Foundation
Nonprofit profile at a glance
- EIN
- 922382192
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025
- Location
- Newport Beach, CA, USA
- Phone
- 9519029537
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Standard
- Sector
- Temporary Housing
Reported finances
- Revenue
- $295,000
- Expenses
- $235,889
- Assets
- $50,000
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Dishawn Irwin (Chief Executive Officer)
- Homa Aimen (Vice President)
Highest reported compensation
- Dishawn Irwin (Chief Executive Officer): $15,000 total reported compensation
- Dorris Irwin (Chief Financial Officers): $15,000 total reported compensation
- Homa Aimen (Vice President): $15,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
7 Spotted Ladybugs Foundation is a nonprofit organization dedicated to improving the quality of life for underserved individuals and families through educational support, financial literacy programs, and community-based initiatives. The organization provides resources, guidance, and structured programs designed to promote long-term stability, economic empowerment, and personal development.
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 89
- Accountability: 14
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.4%; rating input score 55
- Program expense ratio: 69.3%; rating input score 69
- Fundraising efficiency: $2.92 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 6th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 20%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 19.1%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 147.3% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 85.4% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 116.1% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 55.4% of revenue deployed · 69.3% of spending went to programs
- Governance: 0 of 3 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $15K · 3 people listed
- Consistency: 16 of 17 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Moderate — Accountability: Governance controls: 6 of 9 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 13/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 19/100.