Mission Health System Foundation Inc
EIN: 561881331 · Asheville, NC · NTEE: E120
Is Mission Health System Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mission Health System Foundation Inc
Mission Health System Foundation Inc (EIN: 561881331) is a nonprofit organization based in Asheville, NC, classified under NTEE code E120. The organization reported total revenue of $817 and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mission Health System Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mission Health System Foundation Inc is a micro nonprofit that has been operating for 32 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -62.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $817 |
| Total Expenses | $26K |
| Surplus / Deficit | $-25,529 |
| Total Assets | $8.0M |
| Total Liabilities | $268K |
| Net Assets | $7.7M |
| Operating Margin | -3124.7% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 3645.1 months |
Financial Health Grade: B
In 2021, Mission Health System Foundation Inc reported a deficit of $26K with expenses exceeding revenue, holds 3645.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Mission Health System Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -62.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -99.6% | -97.6% | +11.1% |
| 2020 | -94.8% | -92.5% | -16.8% |
| 2019 | -55.2% | +0.7% | -57.9% |
| 2018 | -50.4% | +48.6% | -40.6% |
| 2017 | +46.5% | +0.8% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mission Health System Foundation 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 Mission Health System Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Mission Health System Foundation Inc
Is Mission Health System Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mission Health System Foundation Inc (EIN: 561881331) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mission Health System Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Mission Health System Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Mission Health System Foundation Inc tax-deductible?
Mission Health System Foundation Inc is registered as a tax-exempt nonprofit (EIN: 561881331). 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 Mission Health System Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Mission Health System Foundation Inc's revenue has declined by 100%, moving from $13.1M to $817. Total assets decreased by 67.1% over the same period, from $24.3M to $8.0M. Total functional expenses fell by 99.8%, from $12.0M to $26K. In its most recent filing year (2021), Mission Health System Foundation Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $268K in liabilities against $8.0M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $817 | $26K | $8.0M | $268K | — | View 990 |
| 2020 | $187K | $1.1M | $7.2M | $269K | — | View 990 |
| 2019 | $3.6M | $14.6M | $8.7M | $971K | — | View 990 |
| 2018 | $8.0M | $14.5M | $20.6M | $1.2M | — | View 990 |
| 2017 | $16.2M | $9.7M | $34.6M | $1.3M | — | View 990 |
| 2016 | $11.1M | $9.7M | $27.0M | $1.2M | — | View 990 |
| 2015 | $11.5M | $13.2M | $25.6M | $1.3M | — | View 990 |
| 2014 | $9.5M | $12.3M | $27.9M | $873K | — | View 990 |
| 2013 | $17.0M | $12.8M | $33.0M | $3.4M | — | View 990 |
| 2012 | $13.0M | $11.7M | $28.4M | $3.6M | — | View 990 |
| 2011 | $13.1M | $12.0M | $24.3M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $817, expenses of $26K, and assets of $8.0M (revenue -99.6% year-over-year).
- 2020: Revenue of $187K, expenses of $1.1M, and assets of $7.2M (revenue -94.8% year-over-year).
- 2019: Revenue of $3.6M, expenses of $14.6M, and assets of $8.7M (revenue -55.2% year-over-year).
- 2018: Revenue of $8.0M, expenses of $14.5M, and assets of $20.6M (revenue -50.4% year-over-year).
- 2017: Revenue of $16.2M, expenses of $9.7M, and assets of $34.6M (revenue +46.5% year-over-year).
- 2016: Revenue of $11.1M, expenses of $9.7M, and assets of $27.0M (revenue -3.9% year-over-year).
- 2015: Revenue of $11.5M, expenses of $13.2M, and assets of $25.6M (revenue +21.3% year-over-year).
- 2014: Revenue of $9.5M, expenses of $12.3M, and assets of $27.9M (revenue -44.0% year-over-year).
- 2013: Revenue of $17.0M, expenses of $12.8M, and assets of $33.0M (revenue +30.7% year-over-year).
- 2012: Revenue of $13.0M, expenses of $11.7M, and assets of $28.4M (revenue -0.6% year-over-year).
- 2011: Revenue of $13.1M, expenses of $12.0M, and assets of $24.3M.
Data Sources and Methodology
This transparency report for Mission Health System Foundation 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.