M Bonnie Axthelm Charitable Foundation
EIN: 66444196 · Westport, CT · NTEE: J32Z
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $49K |
| Net Assets | $187K |
Is M Bonnie Axthelm Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About M Bonnie Axthelm Charitable Foundation
M Bonnie Axthelm Charitable Foundation (EIN: 66444196) is a nonprofit organization based in Westport, CT, classified under NTEE code J32Z. The organization reported total revenue of $50K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of M Bonnie Axthelm Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
M Bonnie Axthelm Charitable Foundation is a micro nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $49K |
| Surplus / Deficit | $-28,514 |
| Total Assets | $187K |
| Total Liabilities | $1 |
| Net Assets | $187K |
| Operating Margin | -137.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 45.7 months |
Financial Health Grade: B
In 2023, M Bonnie Axthelm Charitable Foundation reported a deficit of $29K with expenses exceeding revenue, holds 45.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), M Bonnie Axthelm Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.1% | +3.0% | -13.2% |
| 2022 | -40.7% | -8.0% | -12.7% |
| 2021 | +1.4% | +12.1% | -9.0% |
| 2020 | +36.1% | -5.7% | -6.8% |
| 2019 | -38.6% | +52.7% | -21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for M Bonnie Axthelm Charitable 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 M Bonnie Axthelm Charitable 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 $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about M Bonnie Axthelm Charitable Foundation
Is M Bonnie Axthelm Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, M Bonnie Axthelm Charitable Foundation (EIN: 66444196) insufficient data. 0 red flags identified, 0 strengths noted.
How does M Bonnie Axthelm Charitable Foundation spend its money?
Detailed spending breakdown data is not yet available for M Bonnie Axthelm Charitable Foundation. Check back for updated IRS 990 analysis.
Are donations to M Bonnie Axthelm Charitable Foundation tax-deductible?
M Bonnie Axthelm Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 66444196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is M Bonnie Axthelm Charitable Foundation located?
M Bonnie Axthelm Charitable Foundation is headquartered in Westport, Connecticut and files with the IRS under EIN 66444196. It is classified under NTEE code J32Z.
How many years of IRS 990 filings does M Bonnie Axthelm Charitable Foundation have?
M Bonnie Axthelm Charitable Foundation has 10 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 $50K in total revenue.
Filing History
IRS 990 filing history for M Bonnie Axthelm Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), M Bonnie Axthelm Charitable Foundation's revenue has declined by 40.7%, moving from $35K to $21K. Total assets decreased by 49.9% over the same period, from $373K to $187K. Total functional expenses rose by 71.5%, from $29K to $49K. In its most recent filing year (2023), M Bonnie Axthelm Charitable Foundation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1 in liabilities against $187K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $187K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $49K | $187K | $1 | — | — |
| 2022 | $16K | $48K | $216K | $1 | — | — |
| 2021 | $27K | $52K | $247K | $1 | — | — |
| 2020 | $27K | $46K | $272K | $1 | — | — |
| 2019 | $20K | $49K | $291K | $1 | — | View 990 |
| 2015 | $32K | $32K | $372K | $1 | — | View 990 |
| 2014 | $21K | $30K | $372K | $1 | — | View 990 |
| 2013 | $37K | $27K | $382K | $1 | — | View 990 |
| 2012 | $24K | $26K | $380K | $1 | — | View 990 |
| 2011 | $35K | $29K | $373K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $49K, and assets of $187K (revenue +29.1% year-over-year).
- 2022: Revenue of $16K, expenses of $48K, and assets of $216K (revenue -40.7% year-over-year).
- 2021: Revenue of $27K, expenses of $52K, and assets of $247K (revenue +1.4% year-over-year).
- 2020: Revenue of $27K, expenses of $46K, and assets of $272K (revenue +36.1% year-over-year).
- 2019: Revenue of $20K, expenses of $49K, and assets of $291K (revenue -38.6% year-over-year).
- 2015: Revenue of $32K, expenses of $32K, and assets of $372K (revenue +52.4% year-over-year).
- 2014: Revenue of $21K, expenses of $30K, and assets of $372K (revenue -43.4% year-over-year).
- 2013: Revenue of $37K, expenses of $27K, and assets of $382K (revenue +55.9% year-over-year).
- 2012: Revenue of $24K, expenses of $26K, and assets of $380K (revenue -32.1% year-over-year).
- 2011: Revenue of $35K, expenses of $29K, and assets of $373K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for M Bonnie Axthelm Charitable Foundation:
Data Sources and Methodology
This transparency report for M Bonnie Axthelm Charitable 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.