Mounsey Family Foundation
Mounsey Family Foundation shows highly variable revenue with low expenses and no officer compensation.
EIN: 205961671 · Denver, CO · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $51K |
| Program Spending | 90% |
| Net Assets | $703K |
| Transparency Score | 85/100 |
Is Mounsey Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mounsey Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mounsey Family Foundation
Mounsey Family Foundation (EIN: 205961671) is a nonprofit organization based in Denver, CO, classified under NTEE code T22. The organization reported total revenue of $147K and total assets of $306K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mounsey Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mounsey Family Foundation is a small nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $703K |
| Total Expenses | $51K |
| Surplus / Deficit | +$653K |
| Total Assets | $703K |
| Total Liabilities | $1 |
| Net Assets | $703K |
| Operating Margin | 92.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 166.0 months |
Financial Health Grade: A
In 2023, Mounsey Family Foundation reported a surplus of $653K with revenue exceeding expenses, holds 166.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Mounsey Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21524.4% | +60.7% | +1300.8% |
| 2022 | -92.4% | +76.5% | -36.3% |
| 2021 | +474.2% | -40.3% | +46.1% |
| 2020 | -76.9% | -46.8% | -30.1% |
| 2019 | -84.6% | -51.3% | -50.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Mounsey Family Foundation with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Mounsey Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $653K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is a positive for donor confidence and 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 Mounsey Family Foundation's IRS 990 filings:
- Lack of detailed program expense breakdown in provided data
- Highly inconsistent annual revenue, making financial planning assessment difficult
Strengths
The following positive indicators were identified for Mounsey Family Foundation:
- Zero officer compensation reported across all filings
- Consistently low liabilities ($1) indicating strong financial stability
- Significant asset growth, particularly in 2023 ($702,793)
- Low overall expense ratio relative to revenue in recent years
Frequently Asked Questions about Mounsey Family Foundation
Is Mounsey Family Foundation a legitimate charity?
Mounsey Family Foundation (EIN: 205961671) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $147K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Mounsey Family Foundation spend its money?
Mounsey Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mounsey Family Foundation tax-deductible?
Mounsey Family Foundation is registered as a tax-exempt nonprofit (EIN: 205961671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mounsey Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mounsey Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mounsey Family Foundation located?
Mounsey Family Foundation is headquartered in Denver, Colorado and files with the IRS under EIN 205961671. It is classified under NTEE code T22.
How many years of IRS 990 filings does Mounsey Family Foundation have?
Mounsey Family 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 $147K in total revenue.
What are the specific grantmaking activities and beneficiaries of the Mounsey Family Foundation?
The provided IRS 990 data does not detail specific grantmaking activities or beneficiaries. As a Private Grantmaking Foundation (NTEE T22), its primary purpose is to make grants, but the filings only show overall expenses, not a breakdown of grants versus administrative costs.
Why is there such significant fluctuation in the foundation's annual revenue?
The revenue has varied dramatically, from $3,253 in 2022 to $703,441 in 2023. This could be due to large, infrequent donations, investment gains, or specific funding cycles that are not consistent year-to-year. Further details would require examining the full 990 forms.
How does the foundation ensure its low expenses are effectively supporting its mission?
With expenses of $50,803 against revenue of $703,441 in 2023, the foundation appears to be accumulating assets. While low expenses can be efficient, without a detailed breakdown of program service expenses (grants made), it's difficult to ascertain the direct impact of these expenses on its mission.
Filing History
IRS 990 filing history for Mounsey Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Mounsey Family Foundation's revenue has grown by 779.3%, moving from $80K to $703K. Total assets increased by 639.4% over the same period, from $95K to $703K. Total functional expenses fell by 34.1%, from $77K to $51K. In its most recent filing year (2023), Mounsey Family Foundation reported a surplus of $653K, with revenue exceeding expenses. The organization holds $1 in liabilities against $703K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $703K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $703K | $51K | $703K | $1 | — | View 990 |
| 2022 | $3K | $32K | $50K | $1 | — | View 990 |
| 2021 | $43K | $18K | $79K | $1 | — | View 990 |
| 2020 | $7K | $30K | $54K | $1 | — | View 990 |
| 2019 | $32K | $56K | $77K | $1 | — | View 990 |
| 2015 | $209K | $116K | $156K | $1 | — | View 990 |
| 2013 | $157K | $173K | $80K | $1 | — | View 990 |
| 2012 | $34K | $32K | $97K | $1 | — | View 990 |
| 2011 | $80K | $77K | $95K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $703K, expenses of $51K, and assets of $703K (revenue +21524.4% year-over-year).
- 2022: Revenue of $3K, expenses of $32K, and assets of $50K (revenue -92.4% year-over-year).
- 2021: Revenue of $43K, expenses of $18K, and assets of $79K (revenue +474.2% year-over-year).
- 2020: Revenue of $7K, expenses of $30K, and assets of $54K (revenue -76.9% year-over-year).
- 2019: Revenue of $32K, expenses of $56K, and assets of $77K (revenue -84.6% year-over-year).
- 2015: Revenue of $209K, expenses of $116K, and assets of $156K (revenue +33.0% year-over-year).
- 2013: Revenue of $157K, expenses of $173K, and assets of $80K (revenue +368.5% year-over-year).
- 2012: Revenue of $34K, expenses of $32K, and assets of $97K (revenue -58.1% year-over-year).
- 2011: Revenue of $80K, expenses of $77K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mounsey Family Foundation:
Data Sources and Methodology
This transparency report for Mounsey Family 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.