Mentoring Council Foundation
EIN: 271052755 · Carson City, NV · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $299K |
| Total Expenses | $9K |
| Net Assets | $-27,158 |
Is Mentoring Council Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mentoring Council Foundation
Mentoring Council Foundation (EIN: 271052755) is a nonprofit organization based in Carson City, NV, classified under NTEE code T23. The organization reported total revenue of $299K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mentoring Council Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mentoring Council Foundation is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2009–2020). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $9K |
| Surplus / Deficit | +$1K |
| Total Assets | $208K |
| Total Liabilities | $235K |
| Net Assets | $-27,158 |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 113.1% |
| Months of Reserves | 264.3 months |
Financial Health Grade: A
In 2020, Mentoring Council Foundation reported a surplus of $1K with revenue exceeding expenses, holds 264.3 months of operating reserves (strong position), has a debt-to-asset ratio of 113.1% (high leverage).
Financial Trends
Over 9 years of filings (2009–2020), Mentoring Council Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -690.7% | +23.7% | +54.7% |
| 2015 | +473.2% | -22.3% | +3.0% |
| 2014 | -99.4% | +122.4% | -2.6% |
| 2013 | +32.5% | +387.6% | +92.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mentoring Council 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 Mentoring Council 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 113.1%.
Frequently Asked Questions about Mentoring Council Foundation
Is Mentoring Council Foundation a legitimate charity?
Mentoring Council Foundation (EIN: 271052755) is a registered tax-exempt nonprofit based in Nevada. It has 9 years of IRS 990 filings on record. Total revenue: $299K. No red flags identified. Financial health grade: A.
How does Mentoring Council Foundation spend its money?
Mentoring Council Foundation reported $299K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mentoring Council Foundation tax-deductible?
Mentoring Council Foundation is registered as a tax-exempt nonprofit (EIN: 271052755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mentoring Council Foundation located?
Mentoring Council Foundation is headquartered in Carson City, Nevada and files with the IRS under EIN 271052755. It is classified under NTEE code T23.
How many years of IRS 990 filings does Mentoring Council Foundation have?
Mentoring Council Foundation has 9 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 $299K in total revenue.
Filing History
IRS 990 filing history for Mentoring Council Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2009–2020), Mentoring Council Foundation's revenue has declined by 16.2%, moving from $13K to $11K. Total assets increased by 20786200% over the same period, from $1 to $208K. Total functional expenses fell by 25.3%, from $13K to $9K. In its most recent filing year (2020), Mentoring Council Foundation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $235K in liabilities against $208K in assets (debt-to-asset ratio: 113.1%), resulting in net assets of $-27,158.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $11K | $9K | $208K | $235K | — | View 990 |
| 2019 | $-2,404 | $9K | $23K | $51K | — | — |
| 2015 | $407 | $7K | $15K | $16K | — | View 990 |
| 2014 | $71 | $9K | $14K | $9K | — | View 990 |
| 2013 | $11K | $4K | $14K | $0 | — | View 990 |
| 2012 | $8K | $850 | $8K | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
| 2010 | $1 | $0 | $1 | $0 | — | View 990 |
| 2009 | $13K | $13K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $11K, expenses of $9K, and assets of $208K.
- 2019: Revenue of $-2,404, expenses of $9K, and assets of $23K (revenue -690.7% year-over-year).
- 2015: Revenue of $407, expenses of $7K, and assets of $15K (revenue +473.2% year-over-year).
- 2014: Revenue of $71, expenses of $9K, and assets of $14K (revenue -99.4% year-over-year).
- 2013: Revenue of $11K, expenses of $4K, and assets of $14K (revenue +32.5% year-over-year).
- 2012: Revenue of $8K, expenses of $850, and assets of $8K (revenue +838300.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2010: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2009: Revenue of $13K, expenses of $13K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mentoring Council Foundation:
Data Sources and Methodology
This transparency report for Mentoring Council 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.