Heaven Bound Mud Bugger Inc
EIN: 814450821 · Gordo, AL · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $43K |
| Net Assets | $47K |
Is Heaven Bound Mud Bugger Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heaven Bound Mud Bugger Inc
Heaven Bound Mud Bugger Inc (EIN: 814450821) is a nonprofit organization based in Gordo, AL, classified under NTEE code X20. The organization reported total revenue of $43K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heaven Bound Mud Bugger Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heaven Bound Mud Bugger Inc is a micro nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 27.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $43K |
| Surplus / Deficit | $-4,643 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -12.1% |
| Months of Reserves | 13.3 months |
Financial Health Grade: B
In 2023, Heaven Bound Mud Bugger Inc reported a deficit of $5K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Heaven Bound Mud Bugger Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.9% | +8.9% | -8.9% |
| 2022 | -10.5% | +10.6% | -16.3% |
| 2021 | -24.0% | -12.4% | -4.6% |
| 2020 | -41.9% | -10.7% | +3.7% |
| 2019 | +101.3% | +37.6% | +82.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heaven Bound Mud Bugger Inc 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 Heaven Bound Mud Bugger Inc 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 $5K, with expenses exceeding revenue.
Frequently Asked Questions about Heaven Bound Mud Bugger Inc
Is Heaven Bound Mud Bugger Inc a legitimate charity?
Heaven Bound Mud Bugger Inc (EIN: 814450821) is a registered tax-exempt nonprofit based in Alabama. It has 8 years of IRS 990 filings on record. Total revenue: $43K. No red flags identified. Financial health grade: B.
How does Heaven Bound Mud Bugger Inc spend its money?
Heaven Bound Mud Bugger Inc reported $43K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heaven Bound Mud Bugger Inc tax-deductible?
Heaven Bound Mud Bugger Inc is registered as a tax-exempt nonprofit (EIN: 814450821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heaven Bound Mud Bugger Inc located?
Heaven Bound Mud Bugger Inc is headquartered in Gordo, Alabama and files with the IRS under EIN 814450821. It is classified under NTEE code X20.
How many years of IRS 990 filings does Heaven Bound Mud Bugger Inc have?
Heaven Bound Mud Bugger Inc has 8 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 $43K in total revenue.
Filing History
IRS 990 filing history for Heaven Bound Mud Bugger Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Heaven Bound Mud Bugger Inc's revenue has grown by 446.6%, moving from $7K to $38K. Total assets increased by 729.1% over the same period, from $6K to $47K. Total functional expenses rose by 3270.5%, from $1K to $43K. In its most recent filing year (2023), Heaven Bound Mud Bugger Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $43K | $47K | $0 | — | View 990 |
| 2022 | $29K | $39K | $52K | $0 | — | View 990 |
| 2021 | $33K | $36K | $62K | $0 | — | — |
| 2020 | $43K | $41K | $65K | $0 | — | — |
| 2019 | $74K | $46K | $63K | $0 | — | View 990 |
| 2018 | $37K | $33K | $35K | $0 | — | View 990 |
| 2017 | $32K | $7K | $31K | $0 | — | View 990 |
| 2016 | $7K | $1K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $43K, and assets of $47K (revenue +30.9% year-over-year).
- 2022: Revenue of $29K, expenses of $39K, and assets of $52K (revenue -10.5% year-over-year).
- 2021: Revenue of $33K, expenses of $36K, and assets of $62K (revenue -24.0% year-over-year).
- 2020: Revenue of $43K, expenses of $41K, and assets of $65K (revenue -41.9% year-over-year).
- 2019: Revenue of $74K, expenses of $46K, and assets of $63K (revenue +101.3% year-over-year).
- 2018: Revenue of $37K, expenses of $33K, and assets of $35K (revenue +13.1% year-over-year).
- 2017: Revenue of $32K, expenses of $7K, and assets of $31K (revenue +363.8% year-over-year).
- 2016: Revenue of $7K, expenses of $1K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heaven Bound Mud Bugger Inc:
Data Sources and Methodology
This transparency report for Heaven Bound Mud Bugger 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.