Mountain Brook Gymnastics Foundation Inc
Mountain Brook Gymnastics Foundation consistently operates with over $1 million in revenue and expenses, maintaining strong assets and no officer compensation.
EIN: 202357580 · Birmingham, AL · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| Net Assets | $970K |
| Transparency Score | 90/100 |
Is Mountain Brook Gymnastics Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mountain Brook Gymnastics Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mountain Brook Gymnastics Foundation Inc
Mountain Brook Gymnastics Foundation Inc (EIN: 202357580) is a nonprofit organization based in Birmingham, AL, classified under NTEE code N60. The organization reported total revenue of $1.5M and total assets of $942K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountain Brook Gymnastics Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mountain Brook Gymnastics Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-77,917 |
| Total Assets | $970K |
| Net Assets | $970K |
| Operating Margin | -5.6% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2024, Mountain Brook Gymnastics Foundation Inc reported a deficit of $78K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Mountain Brook Gymnastics Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.4% | -0.1% | -7.4% |
| 2023 | -1.9% | +14.7% | -4.1% |
| 2022 | +6.7% | +7.4% | +0.7% |
| 2021 | +44.4% | +7.8% | +4.2% |
| 2020 | -25.9% | -12.5% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Brook Gymnastics Foundation Inc 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, Mountain Brook Gymnastics Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $78K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for donor confidence and resource allocation to mission-related activities.
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 Brook Gymnastics Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Strong asset base, consistently above $900,000 (e.g., $969,522 in 2024).
- Zero liabilities reported in recent periods (2024, 2023, 2022), indicating excellent financial stability.
- Consistent annual revenue and expenses exceeding $1 million, demonstrating sustained operational capacity.
- Long history of 14 IRS 990 filings, indicating strong transparency and compliance.
Frequently Asked Questions about Mountain Brook Gymnastics Foundation Inc
Is Mountain Brook Gymnastics Foundation Inc a legitimate charity?
Mountain Brook Gymnastics Foundation Inc (EIN: 202357580) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Mountain Brook Gymnastics Foundation Inc spend its money?
Mountain Brook Gymnastics Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mountain Brook Gymnastics Foundation Inc tax-deductible?
Mountain Brook Gymnastics Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202357580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mountain Brook Gymnastics Foundation Inc's spending goes to programs?
Mountain Brook Gymnastics Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mountain Brook Gymnastics Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mountain Brook Gymnastics Foundation Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mountain Brook Gymnastics Foundation Inc located?
Mountain Brook Gymnastics Foundation Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 202357580. It is classified under NTEE code N60.
How many years of IRS 990 filings does Mountain Brook Gymnastics Foundation Inc have?
Mountain Brook Gymnastics Foundation Inc has 14 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 $1.5M in total revenue.
Is Mountain Brook Gymnastics Foundation Inc a good charity?
Based on the provided financial data, Mountain Brook Gymnastics Foundation Inc appears to be a well-managed organization. It consistently maintains a strong asset base (e.g., $969,522 in 2024), reports no officer compensation, and has a history of transparent financial filings. Its ability to operate with over $1 million in revenue and expenses while keeping liabilities at zero in most recent years suggests sound financial health.
How has the organization's financial health changed over time?
The organization has shown resilience, particularly recovering from a revenue dip in 2020 ($947,541) to over $1.3 million in subsequent years. Its asset base has remained robust, generally above $900,000, and it has significantly reduced liabilities, reporting $0 in the most recent periods (2024, 2023, 2022), indicating improved financial stability.
What is the organization's approach to executive compensation?
Mountain Brook Gymnastics Foundation Inc reports 0% officer compensation across all 14 available filings. This indicates a strong commitment to directing financial resources towards its mission rather than executive salaries, which is a significant positive for efficiency.
Filing History
IRS 990 filing history for Mountain Brook Gymnastics Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Mountain Brook Gymnastics Foundation Inc's revenue has grown by 91.6%, moving from $730K to $1.4M. Total assets decreased by 7.6% over the same period, from $1.0M to $970K. Total functional expenses rose by 123.8%, from $659K to $1.5M. In its most recent filing year (2024), Mountain Brook Gymnastics Foundation Inc reported a deficit of $78K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.5M | $970K | $0 | — | View 990 |
| 2023 | $1.4M | $1.5M | $1.0M | $0 | — | View 990 |
| 2022 | $1.5M | $1.3M | $1.1M | $0 | — | View 990 |
| 2021 | $1.4M | $1.2M | $1.1M | $165K | — | View 990 |
| 2020 | $948K | $1.1M | $1.0M | $290K | — | View 990 |
| 2019 | $1.3M | $1.3M | $916K | $0 | — | View 990 |
| 2018 | $1.2M | $1.2M | $909K | $0 | — | View 990 |
| 2017 | $1.2M | $1.2M | $1.0M | $98K | — | View 990 |
| 2016 | $1.1M | $1.1M | $1.0M | $170K | — | View 990 |
| 2015 | $1.0M | $1.0M | $1.1M | $216K | — | View 990 |
| 2014 | $1.0M | $937K | $1.2M | $308K | — | View 990 |
| 2013 | $1.0M | $964K | $1.1M | $313K | — | View 990 |
| 2012 | $779K | $737K | $1.1M | $349K | — | View 990 |
| 2011 | $730K | $659K | $1.0M | $383K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.5M, and assets of $970K (revenue -2.4% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.5M, and assets of $1.0M (revenue -1.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.3M, and assets of $1.1M (revenue +6.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $1.1M (revenue +44.4% year-over-year).
- 2020: Revenue of $948K, expenses of $1.1M, and assets of $1.0M (revenue -25.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $916K (revenue +5.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $909K (revenue +0.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $1.0M (revenue +9.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $1.0M (revenue +7.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $1.1M (revenue +0.6% year-over-year).
- 2014: Revenue of $1.0M, expenses of $937K, and assets of $1.2M (revenue -2.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $964K, and assets of $1.1M (revenue +34.7% year-over-year).
- 2012: Revenue of $779K, expenses of $737K, and assets of $1.1M (revenue +6.7% year-over-year).
- 2011: Revenue of $730K, expenses of $659K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mountain Brook Gymnastics Foundation Inc:
Data Sources and Methodology
This transparency report for Mountain Brook Gymnastics 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.