Quick charity verification for Mound City Bar Foundation (EIN: 202659315)
Verdict: Mound City Bar Foundation appears trustworthy
90/100Mission Score
$370KRevenue
$484KAssets
2Red Flags
4Strengths
Red Flags
Highly volatile revenue, making future financial planning potentially challenging.
Expenses exceeded revenue in 2023 ($81,697 expenses vs. $76,994 revenue), indicating a deficit for that period.
Strengths
Significant asset growth from $35,952 in 2018 to $457,066 in 2023.
Consistent reporting of zero liabilities across all filings, indicating no debt.
0% officer compensation, ensuring funds are directed towards the mission.
Consistent IRS 990 filing history, demonstrating good transparency.
Spending Breakdown
How Mound City Bar Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Mound City Bar Foundation
Is Mound City Bar Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mound City Bar Foundation (EIN: 202659315) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Mound City Bar Foundation a good charity to donate to?
Mound City Bar Foundation has a Mission Score of 90/100. Revenue: $370K. Assets: $484K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mound City Bar Foundation?
The Employer Identification Number (EIN) for Mound City Bar Foundation is 202659315. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Mound City Bar Foundation spend its money?
Mound City Bar Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mound City Bar Foundation's tax-exempt status?
You can verify Mound City Bar Foundation's tax-exempt status using EIN 202659315 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Mound City Bar Foundation demonstrates a generally healthy financial position with strong asset growth over the past five years, increasing from $35,952 in 2018 to $457,066 in 2023. The organization's revenue has been highly variable, with a significant spike to $573,665 in 2022, followed by a decrease to $76,994 in 2023. This volatility suggests reliance on specific funding events or grants. The consistent reporting of zero liabilities across all filings indicates sound financial management and a lack of debt, contributing positively to its financial health.
Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation, which suggests that resources are not being diverted to high executive salaries. While detailed expense breakdowns are not provided in the summary data, the low expenses relative to revenue in most years (e.g., $2,073 expenses on $44,871 revenue in 2019) imply a lean operational structure. However, the 2023 period shows expenses ($81,697) exceeding revenue ($76,994), indicating a deficit for that year, which warrants monitoring.
Transparency is good, with five years of consistent IRS 990 filings available. The clear reporting of assets, liabilities, revenue, and expenses, along with the explicit mention of 0% officer compensation, provides a solid foundation for assessing the organization. The absence of liabilities further enhances its transparent and responsible financial stewardship.