Friends Of The Mounds State Park Inc
Friends Of The Mounds State Park Inc shows strong financial growth and efficient operations with no reported officer compensation.
EIN: 113776959 · Anderson, IN · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $208K |
| Total Expenses | $57K |
| Program Spending | 90% |
| Net Assets | $98K |
| Transparency Score | 92/100 |
Is Friends Of The Mounds State Park Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Mounds State Park Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Mounds State Park Inc
Friends Of The Mounds State Park Inc (EIN: 113776959) is a nonprofit organization based in Anderson, IN, classified under NTEE code N32. The organization reported total revenue of $208K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Mounds State Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Mounds State Park Inc is a small nonprofit that has been operating for 19 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of -11.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $57K |
| Surplus / Deficit | +$28K |
| Total Assets | $98K |
| Net Assets | $98K |
| Operating Margin | 33.0% |
| Months of Reserves | 20.7 months |
Financial Health Grade: A
In 2022, Friends Of The Mounds State Park Inc reported a surplus of $28K with revenue exceeding expenses, holds 20.7 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2021–2022), Friends Of The Mounds State Park Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -11.5% | +19.3% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 The Mounds State Park Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Friends Of The Mounds State Park Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation was reported in the available filings for Friends Of The Mounds State Park Inc, indicating a volunteer-led organization or that compensation falls below reporting thresholds, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Friends Of The Mounds State Park Inc:
- Strong financial growth with latest revenue at $208,200, up from $95,361 in 2021.
- Consistent asset growth from $69,929 in 2021 to $326,922 currently.
- No reported liabilities in any filing period, indicating excellent financial stability.
- Zero officer compensation reported, suggesting a highly efficient, volunteer-driven model.
- Expenses consistently lower than revenue, demonstrating effective financial management.
Frequently Asked Questions about Friends Of The Mounds State Park Inc
Is Friends Of The Mounds State Park Inc a legitimate charity?
Friends Of The Mounds State Park Inc (EIN: 113776959) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 2 years of IRS 990 filings on record. Total revenue: $208K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Friends Of The Mounds State Park Inc spend its money?
Friends Of The Mounds State Park Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Friends Of The Mounds State Park Inc tax-deductible?
Friends Of The Mounds State Park Inc is registered as a tax-exempt nonprofit (EIN: 113776959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of The Mounds State Park Inc's spending goes to programs?
Friends Of The Mounds State Park Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Mounds State Park Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Friends Of The Mounds State Park Inc is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Mounds State Park Inc located?
Friends Of The Mounds State Park Inc is headquartered in Anderson, Indiana and files with the IRS under EIN 113776959. It is classified under NTEE code N32.
How many years of IRS 990 filings does Friends Of The Mounds State Park Inc have?
Friends Of The Mounds State Park Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $208K in total revenue.
Is Friends Of The Mounds State Park Inc a good charity?
Based on the available financial data, Friends Of The Mounds State Park Inc appears to be a good charity. It demonstrates strong financial health with growing assets ($326,922), no liabilities, and a significant increase in revenue ($208,200). The absence of reported officer compensation suggests a highly efficient, volunteer-driven model, maximizing funds for its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue has grown from $95,361 in 2021 to $208,200 currently, and assets have increased substantially from $69,929 in 2021 to $326,922. Expenses have remained well below revenue, indicating sound financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Friends Of The Mounds State Park Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Friends Of The Mounds State Park Inc's revenue has declined by 11.5%, moving from $95K to $84K. Total assets increased by 39.8% over the same period, from $70K to $98K. Total functional expenses rose by 19.3%, from $47K to $57K. In its most recent filing year (2022), Friends Of The Mounds State Park Inc reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $84K | $57K | $98K | $0 | — | View 990 |
| 2021 | $95K | $47K | $70K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Mounds State Park Inc:
Data Sources and Methodology
This transparency report for Friends Of The Mounds State Park 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.