Guy K And Katharine I Mitchell Foundation
EIN: 832190053 · Bessemer, AL · NTEE: T19
Is Guy K And Katharine I Mitchell Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Guy K And Katharine I Mitchell Foundation
Guy K And Katharine I Mitchell Foundation (EIN: 832190053) is a nonprofit organization based in Bessemer, AL, classified under NTEE code T19. The organization reported total revenue of $204K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guy K And Katharine I Mitchell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guy K And Katharine I Mitchell Foundation is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 94.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28 |
| Total Expenses | $96K |
| Surplus / Deficit | $-96,040 |
| Total Assets | $22K |
| Total Liabilities | $1 |
| Net Assets | $22K |
| Operating Margin | -343000.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Guy K And Katharine I Mitchell Foundation reported a deficit of $96K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Guy K And Katharine I Mitchell Foundation's revenue has grown at a compound annual growth rate (CAGR) of 94.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | +134.4% | -81.1% |
| 2022 | +14899000.0% | -1.7% | +1040.9% |
| 2021 | -100.0% | -42.9% | -80.1% |
| 2020 | +102.1% | +202.9% | +105.9% |
| 2019 | +4938500.0% | — | +2528500.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Guy K And Katharine I Mitchell Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Guy K And Katharine I Mitchell Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $96K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Guy K And Katharine I Mitchell Foundation
Is Guy K And Katharine I Mitchell Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Guy K And Katharine I Mitchell Foundation (EIN: 832190053) insufficient data. 0 red flags identified, 0 strengths noted.
How does Guy K And Katharine I Mitchell Foundation spend its money?
Detailed spending breakdown data is not yet available for Guy K And Katharine I Mitchell Foundation. Check back for updated IRS 990 analysis.
Are donations to Guy K And Katharine I Mitchell Foundation tax-deductible?
Guy K And Katharine I Mitchell Foundation is registered as a tax-exempt nonprofit (EIN: 832190053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Guy K And Katharine I Mitchell Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Guy K And Katharine I Mitchell Foundation's revenue has grown by 2700%, moving from $1 to $28. Total assets increased by 2233900% over the same period, from $1 to $22K. In its most recent filing year (2023), Guy K And Katharine I Mitchell Foundation reported a deficit of $96K, with expenses exceeding revenue. The organization holds $1 in liabilities against $22K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28 | $96K | $22K | $1 | — | — |
| 2022 | $149K | $41K | $118K | $1 | — | View 990 |
| 2021 | $1 | $42K | $10K | $1 | — | View 990 |
| 2020 | $100K | $73K | $52K | $1 | — | — |
| 2019 | $49K | $24K | $25K | $1 | — | — |
| 2018 | $1 | $0 | $1 | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $28, expenses of $96K, and assets of $22K (revenue -100.0% year-over-year).
- 2022: Revenue of $149K, expenses of $41K, and assets of $118K (revenue +14899000.0% year-over-year).
- 2021: Revenue of $1, expenses of $42K, and assets of $10K (revenue -100.0% year-over-year).
- 2020: Revenue of $100K, expenses of $73K, and assets of $52K (revenue +102.1% year-over-year).
- 2019: Revenue of $49K, expenses of $24K, and assets of $25K (revenue +4938500.0% year-over-year).
- 2018: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guy K And Katharine I Mitchell Foundation:
Data Sources and Methodology
This transparency report for Guy K And Katharine I Mitchell Foundation 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.