Mountain Foundation For Education
EIN: 472584611 · Durango, CO · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $645K |
| Total Expenses | $333K |
| Net Assets | $3.9M |
Is Mountain Foundation For Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mountain Foundation For Education
Mountain Foundation For Education (EIN: 472584611) is a nonprofit organization based in Durango, CO, classified under NTEE code B11. The organization reported total revenue of $645K and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountain Foundation For Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mountain Foundation For Education is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $351K |
| Total Expenses | $333K |
| Surplus / Deficit | +$18K |
| Total Assets | $6.8M |
| Total Liabilities | $2.9M |
| Net Assets | $3.9M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 42.0% |
| Months of Reserves | 244.7 months |
Financial Health Grade: A
In 2024, Mountain Foundation For Education reported a surplus of $18K with revenue exceeding expenses, holds 244.7 months of operating reserves (strong position), has a debt-to-asset ratio of 42.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2015–2024), Mountain Foundation For Education's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +14.9% | +9.2% | -1.2% |
| 2023 | -88.1% | +79.6% | +4.4% |
| 2022 | +382.3% | +16.7% | +116.8% |
| 2021 | +80.4% | -4.5% | +13.9% |
| 2020 | +38.2% | +9.7% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mountain Foundation For Education 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 Mountain Foundation For Education 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.0%.
Frequently Asked Questions about Mountain Foundation For Education
Is Mountain Foundation For Education a legitimate charity?
Mountain Foundation For Education (EIN: 472584611) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $645K. No red flags identified. Financial health grade: A.
How does Mountain Foundation For Education spend its money?
Mountain Foundation For Education reported $645K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mountain Foundation For Education tax-deductible?
Mountain Foundation For Education is registered as a tax-exempt nonprofit (EIN: 472584611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mountain Foundation For Education located?
Mountain Foundation For Education is headquartered in Durango, Colorado and files with the IRS under EIN 472584611. It is classified under NTEE code B11.
How many years of IRS 990 filings does Mountain Foundation For Education have?
Mountain Foundation For Education has 10 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 $645K in total revenue.
Filing History
IRS 990 filing history for Mountain Foundation For Education showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Mountain Foundation For Education's revenue has grown by 95.9%, moving from $179K to $351K. Total assets increased by 3859.9% over the same period, from $172K to $6.8M. Total functional expenses rose by 4107.8%, from $8K to $333K. In its most recent filing year (2024), Mountain Foundation For Education reported a surplus of $18K, with revenue exceeding expenses. The organization holds $2.9M in liabilities against $6.8M in assets (debt-to-asset ratio: 42.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $351K | $333K | $6.8M | $2.9M | — | — |
| 2023 | $305K | $305K | $6.9M | $3.0M | — | View 990 |
| 2022 | $2.6M | $170K | $6.6M | $2.7M | — | View 990 |
| 2021 | $534K | $146K | $3.0M | $1.5M | — | — |
| 2020 | $296K | $152K | $2.7M | $1.5M | — | View 990 |
| 2019 | $214K | $139K | $2.6M | $1.6M | — | View 990 |
| 2018 | $130K | $149K | $2.7M | $1.8M | — | — |
| 2017 | $258K | $189K | $2.7M | $1.8M | — | View 990 |
| 2016 | $702K | $11K | $1.0M | $158K | — | View 990 |
| 2015 | $179K | $8K | $172K | $400 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $351K, expenses of $333K, and assets of $6.8M (revenue +14.9% year-over-year).
- 2023: Revenue of $305K, expenses of $305K, and assets of $6.9M (revenue -88.1% year-over-year).
- 2022: Revenue of $2.6M, expenses of $170K, and assets of $6.6M (revenue +382.3% year-over-year).
- 2021: Revenue of $534K, expenses of $146K, and assets of $3.0M (revenue +80.4% year-over-year).
- 2020: Revenue of $296K, expenses of $152K, and assets of $2.7M (revenue +38.2% year-over-year).
- 2019: Revenue of $214K, expenses of $139K, and assets of $2.6M (revenue +64.1% year-over-year).
- 2018: Revenue of $130K, expenses of $149K, and assets of $2.7M (revenue -49.5% year-over-year).
- 2017: Revenue of $258K, expenses of $189K, and assets of $2.7M (revenue -63.2% year-over-year).
- 2016: Revenue of $702K, expenses of $11K, and assets of $1.0M (revenue +291.9% year-over-year).
- 2015: Revenue of $179K, expenses of $8K, and assets of $172K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mountain Foundation For Education:
Data Sources and Methodology
This transparency report for Mountain Foundation For Education 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.