Mountain Bizcapital Inc
Mountain Bizcapital Inc. shows consistent asset growth and zero reported officer compensation over a decade.
EIN: 141864873 · Asheville, NC · NTEE: T30 · Updated: 2026-03-28
Is Mountain Bizcapital Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mountain Bizcapital Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mountain Bizcapital Inc
Mountain Bizcapital Inc (EIN: 141864873) is a nonprofit organization based in Asheville, NC, classified under NTEE code T30. The organization reported total revenue of $12.9M and total assets of $50.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountain Bizcapital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mountain Bizcapital Inc is a large nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $35.2M |
| Total Liabilities | $19.8M |
| Net Assets | $15.4M |
| Operating Margin | 26.9% |
| Debt-to-Asset Ratio | 56.3% |
| Months of Reserves | 90.3 months |
Financial Health Grade: A
In 2023, Mountain Bizcapital Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 90.3 months of operating reserves (strong position), has a debt-to-asset ratio of 56.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mountain Bizcapital Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +13.6% | +17.4% |
| 2022 | -15.2% | +53.4% | +16.5% |
| 2021 | +35.5% | -10.0% | +37.5% |
| 2020 | +93.2% | +28.6% | +24.8% |
| 2019 | -13.1% | +20.7% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Mountain Bizcapital Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mountain Bizcapital Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.3%.
Executive Compensation Analysis
Mountain Bizcapital Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong commitment to directing all funds towards its mission.
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.
Strengths
The following positive indicators were identified for Mountain Bizcapital Inc:
- Consistent and significant asset growth, from $5.5M in 2014 to $35.2M in 2023.
- Zero reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
- Strong revenue growth, increasing from $878,145 in 2014 to $6,406,300 in 2023.
- Positive net assets (Assets exceed Liabilities) in every reported period, demonstrating financial stability.
- NTEE code T30 (Micro-Enterprise Development) suggests a direct program focus, aligning with financial indicators.
Frequently Asked Questions about Mountain Bizcapital Inc
Is Mountain Bizcapital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mountain Bizcapital Inc (EIN: 141864873) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Mountain Bizcapital Inc spend its money?
Mountain Bizcapital Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mountain Bizcapital Inc tax-deductible?
Mountain Bizcapital Inc is registered as a tax-exempt nonprofit (EIN: 141864873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mountain Bizcapital Inc. a good charity?
Based on the provided data, Mountain Bizcapital Inc. appears to be a very good charity. It demonstrates strong financial growth, effective asset management, and a remarkable commitment to its mission by reporting 0% officer compensation across all available filings.
How has Mountain Bizcapital Inc.'s financial health changed over time?
Mountain Bizcapital Inc. has shown significant financial growth, with assets increasing from $5,498,303 in 2014 to $35,233,771 in 2023, and revenue growing from $878,145 to $6,406,300 over the same period, indicating robust and sustained financial health.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, which is an exceptional indicator of its dedication to minimizing administrative overhead and maximizing resources for its programs.
Filing History
IRS 990 filing history for Mountain Bizcapital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mountain Bizcapital Inc's revenue has grown by 291%, moving from $1.6M to $6.4M. Total assets increased by 600.5% over the same period, from $5.0M to $35.2M. Total functional expenses rose by 193.3%, from $1.6M to $4.7M. In its most recent filing year (2023), Mountain Bizcapital Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $19.8M in liabilities against $35.2M in assets (debt-to-asset ratio: 56.3%), resulting in net assets of $15.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $4.7M | $35.2M | $19.8M | — | — |
| 2022 | $6.1M | $4.1M | $30.0M | $16.3M | — | View 990 |
| 2021 | $7.2M | $2.7M | $25.8M | $14.1M | — | View 990 |
| 2020 | $5.3M | $3.0M | $18.7M | $11.6M | — | View 990 |
| 2019 | $2.8M | $2.3M | $15.0M | $10.2M | — | View 990 |
| 2018 | $3.2M | $1.9M | $14.4M | $10.0M | — | View 990 |
| 2017 | $2.9M | $1.7M | $11.2M | $8.1M | — | View 990 |
| 2016 | $1.4M | $1.2M | $7.5M | $5.7M | — | View 990 |
| 2015 | $1.6M | $1.0M | $6.8M | $5.1M | — | View 990 |
| 2014 | $878K | $776K | $5.5M | $4.3M | — | View 990 |
| 2013 | $1.2M | $1.5M | $5.2M | $4.2M | — | View 990 |
| 2012 | $1.3M | $1.6M | $5.3M | $3.9M | — | View 990 |
| 2011 | $1.6M | $1.6M | $5.0M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $4.7M, and assets of $35.2M (revenue +4.6% year-over-year).
- 2022: Revenue of $6.1M, expenses of $4.1M, and assets of $30.0M (revenue -15.2% year-over-year).
- 2021: Revenue of $7.2M, expenses of $2.7M, and assets of $25.8M (revenue +35.5% year-over-year).
- 2020: Revenue of $5.3M, expenses of $3.0M, and assets of $18.7M (revenue +93.2% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.3M, and assets of $15.0M (revenue -13.1% year-over-year).
- 2018: Revenue of $3.2M, expenses of $1.9M, and assets of $14.4M (revenue +7.7% year-over-year).
- 2017: Revenue of $2.9M, expenses of $1.7M, and assets of $11.2M (revenue +113.7% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.2M, and assets of $7.5M (revenue -14.9% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.0M, and assets of $6.8M (revenue +84.6% year-over-year).
- 2014: Revenue of $878K, expenses of $776K, and assets of $5.5M (revenue -27.1% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.5M, and assets of $5.2M (revenue -6.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.6M, and assets of $5.3M (revenue -21.8% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mountain Bizcapital Inc:
Data Sources and Methodology
This transparency report for Mountain Bizcapital 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.