Friends Of Musselshell School Inc
Friends Of Musselshell School Inc maintains stable finances with volunteer leadership and no liabilities.
EIN: 20705943 · Musselshell, MT · NTEE: N31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $38K |
| Program Spending | 90% |
| Net Assets | $157K |
| Transparency Score | 90/100 |
Is Friends Of Musselshell School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Musselshell School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Musselshell School Inc
Friends Of Musselshell School Inc (EIN: 20705943) is a nonprofit organization based in Musselshell, MT, classified under NTEE code N31. The organization reported total revenue of $25K and total assets of $178K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Musselshell School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Musselshell School Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $38K |
| Surplus / Deficit | $-1,136 |
| Total Assets | $157K |
| Net Assets | $157K |
| Operating Margin | -3.1% |
| Months of Reserves | 49.4 months |
Financial Health Grade: B
In 2023, Friends Of Musselshell School Inc reported a deficit of $1K with expenses exceeding revenue, holds 49.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Musselshell School Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.3% | +231.9% | -0.7% |
| 2022 | -12.3% | -13.7% | +5.4% |
| 2021 | -21.7% | -38.3% | +6.5% |
| 2020 | -3.7% | +135.8% | +5.3% |
| 2019 | +22.6% | -32.8% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Friends Of Musselshell School Inc with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Friends Of Musselshell School Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $1K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This is highly efficient for a nonprofit of its size, as it directs all funds towards its mission rather than executive salaries.
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 Friends Of Musselshell School Inc's IRS 990 filings:
- Significant expense spike in 2015 relative to revenue
Strengths
The following positive indicators were identified for Friends Of Musselshell School Inc:
- Consistent 0% officer compensation, indicating volunteer leadership
- No reported liabilities across all filings
- Stable and growing asset base over time
- Strong program spending focus (estimated 90%)
- Transparent financial reporting with no complex issues
Frequently Asked Questions about Friends Of Musselshell School Inc
Is Friends Of Musselshell School Inc a legitimate charity?
Friends Of Musselshell School Inc (EIN: 20705943) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $25K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Friends Of Musselshell School Inc spend its money?
Friends Of Musselshell School Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Friends Of Musselshell School Inc tax-deductible?
Friends Of Musselshell School Inc is registered as a tax-exempt nonprofit (EIN: 20705943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Friends Of Musselshell School Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friends Of Musselshell School Inc is above average for NTEE category N31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Musselshell School Inc located?
Friends Of Musselshell School Inc is headquartered in Musselshell, Montana and files with the IRS under EIN 20705943. It is classified under NTEE code N31.
How many years of IRS 990 filings does Friends Of Musselshell School Inc have?
Friends Of Musselshell School Inc has 13 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 $25K in total revenue.
Is Friends Of Musselshell School Inc a good charity?
Based on the provided data, Friends Of Musselshell School Inc appears to be a good charity. It has a strong program focus, no executive compensation, and a healthy asset base with no liabilities, indicating responsible financial management.
How does the organization manage its expenses?
The organization generally manages its expenses well, with expenses typically tracking revenue. The notable exception was in 2015, where expenses ($87,443) significantly exceeded revenue ($25,508), but the organization recovered and maintained a positive asset trend.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the long term, growing from $87,085 in 2015 to $157,155 in 2023, despite some annual fluctuations. This indicates financial stability and growth.
Filing History
IRS 990 filing history for Friends Of Musselshell School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Musselshell School Inc's revenue has grown by 118.5%, moving from $17K to $37K. Total assets increased by 82.1% over the same period, from $86K to $157K. Total functional expenses rose by 289.6%, from $10K to $38K. In its most recent filing year (2023), Friends Of Musselshell School Inc reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $38K | $157K | $0 | — | View 990 |
| 2022 | $20K | $12K | $158K | $0 | — | — |
| 2021 | $22K | $13K | $150K | $0 | — | — |
| 2020 | $29K | $22K | $141K | $0 | — | View 990 |
| 2019 | $30K | $9K | $134K | $0 | — | View 990 |
| 2018 | $24K | $14K | $113K | $0 | — | View 990 |
| 2017 | $22K | $17K | $103K | $0 | — | View 990 |
| 2016 | $12K | $11K | $97K | $0 | — | View 990 |
| 2015 | $26K | $87K | $87K | $0 | — | View 990 |
| 2014 | $56K | $52K | $149K | $0 | — | View 990 |
| 2013 | $34K | $12K | $145K | $0 | — | View 990 |
| 2012 | $51K | $15K | $123K | $0 | — | View 990 |
| 2011 | $17K | $10K | $86K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $38K, and assets of $157K (revenue +88.3% year-over-year).
- 2022: Revenue of $20K, expenses of $12K, and assets of $158K (revenue -12.3% year-over-year).
- 2021: Revenue of $22K, expenses of $13K, and assets of $150K (revenue -21.7% year-over-year).
- 2020: Revenue of $29K, expenses of $22K, and assets of $141K (revenue -3.7% year-over-year).
- 2019: Revenue of $30K, expenses of $9K, and assets of $134K (revenue +22.6% year-over-year).
- 2018: Revenue of $24K, expenses of $14K, and assets of $113K (revenue +10.3% year-over-year).
- 2017: Revenue of $22K, expenses of $17K, and assets of $103K (revenue +85.1% year-over-year).
- 2016: Revenue of $12K, expenses of $11K, and assets of $97K (revenue -53.4% year-over-year).
- 2015: Revenue of $26K, expenses of $87K, and assets of $87K (revenue -54.5% year-over-year).
- 2014: Revenue of $56K, expenses of $52K, and assets of $149K (revenue +66.5% year-over-year).
- 2013: Revenue of $34K, expenses of $12K, and assets of $145K (revenue -34.1% year-over-year).
- 2012: Revenue of $51K, expenses of $15K, and assets of $123K (revenue +201.0% year-over-year).
- 2011: Revenue of $17K, expenses of $10K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Musselshell School Inc:
Data Sources and Methodology
This transparency report for Friends Of Musselshell School Inc 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.