Mound City Bar Foundation
Mound City Bar Foundation shows strong asset growth and no liabilities, but revenue is highly volatile.
EIN: 202659315 · Saint Louis, MO · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $370K |
| Total Expenses | $82K |
| Program Spending | 85% |
| Net Assets | $457K |
| Transparency Score | 90/100 |
Is Mound City Bar Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mound City Bar Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mound City Bar Foundation
Mound City Bar Foundation (EIN: 202659315) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code B82. The organization reported total revenue of $370K and total assets of $484K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mound City Bar Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mound City Bar Foundation is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 39.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $82K |
| Surplus / Deficit | $-4,703 |
| Total Assets | $457K |
| Net Assets | $457K |
| Operating Margin | -6.1% |
| Months of Reserves | 67.1 months |
Financial Health Grade: B
In 2023, Mound City Bar Foundation reported a deficit of $5K with expenses exceeding revenue, holds 67.1 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2018–2023), Mound City Bar Foundation's revenue has grown at a compound annual growth rate (CAGR) of 39.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.6% | -55.8% | -1.0% |
| 2020 | -107.7% | -36.7% | -20.3% |
| 2019 | +205.5% | -9.8% | +119.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mound City Bar Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mound City Bar Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving salaries from the organization, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mound City Bar Foundation's IRS 990 filings:
- Highly volatile revenue, making future financial planning potentially challenging.
- Expenses exceeded revenue in 2023 ($81,697 expenses vs. $76,994 revenue), indicating a deficit for that period.
Strengths
The following positive indicators were identified for Mound City Bar Foundation:
- Significant asset growth from $35,952 in 2018 to $457,066 in 2023.
- Consistent reporting of zero liabilities across all filings, indicating no debt.
- 0% officer compensation, ensuring funds are directed towards the mission.
- Consistent IRS 990 filing history, demonstrating good transparency.
Frequently Asked Questions about Mound City Bar Foundation
Is Mound City Bar Foundation a legitimate charity?
Mound City Bar Foundation (EIN: 202659315) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 90/100. It has 5 years of IRS 990 filings on record. Total revenue: $370K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Mound City Bar Foundation spend its money?
Mound City Bar Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mound City Bar Foundation tax-deductible?
Mound City Bar Foundation is registered as a tax-exempt nonprofit (EIN: 202659315). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mound City Bar Foundation's spending goes to programs?
Mound City Bar Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mound City Bar Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mound City Bar Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mound City Bar Foundation located?
Mound City Bar Foundation is headquartered in Saint Louis, Missouri and files with the IRS under EIN 202659315. It is classified under NTEE code B82.
How many years of IRS 990 filings does Mound City Bar Foundation have?
Mound City Bar Foundation has 5 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 $370K in total revenue.
Is Mound City Bar Foundation a good charity?
Based on the available data, Mound City Bar Foundation appears to be a good charity. It has demonstrated significant asset growth, maintains zero liabilities, and reports 0% officer compensation, indicating that funds are not used for executive salaries. Its financial health is generally strong, though revenue can be volatile.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved in terms of assets, growing from $35,952 in 2018 to $457,066 in 2023. Revenue has been highly variable, with a peak in 2022, but expenses have generally remained low relative to revenue, except for a deficit in 2023.
What caused the large revenue spike in 2022?
The provided data does not specify the exact cause of the $573,665 revenue spike in 2022. It could be attributed to a major grant, a successful fundraising event, or a large one-time donation.
Filing History
IRS 990 filing history for Mound City Bar Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Mound City Bar Foundation's revenue has grown by 424.1%, moving from $15K to $77K. Total assets increased by 1171.3% over the same period, from $36K to $457K. Total functional expenses rose by 3456.7%, from $2K to $82K. In its most recent filing year (2023), Mound City Bar Foundation reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $82K | $457K | $0 | — | View 990 |
| 2022 | $574K | $185K | $462K | $0 | — | View 990 |
| 2020 | $-3,477 | $1K | $63K | $0 | — | View 990 |
| 2019 | $45K | $2K | $79K | $0 | — | View 990 |
| 2018 | $15K | $2K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $82K, and assets of $457K (revenue -86.6% year-over-year).
- 2022: Revenue of $574K, expenses of $185K, and assets of $462K.
- 2020: Revenue of $-3,477, expenses of $1K, and assets of $63K (revenue -107.7% year-over-year).
- 2019: Revenue of $45K, expenses of $2K, and assets of $79K (revenue +205.5% year-over-year).
- 2018: Revenue of $15K, expenses of $2K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mound City Bar Foundation:
Data Sources and Methodology
This transparency report for Mound City Bar 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.