Mudd Nick Foundation
Mudd Nick Foundation maintains strong asset growth and no liabilities, with 0% officer compensation.
EIN: 205221242 · Manzanita, OR · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $249K |
| Total Expenses | $202K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $629K |
| Transparency Score | 92/100 |
Is Mudd Nick Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mudd Nick Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mudd Nick Foundation
Mudd Nick Foundation (EIN: 205221242) is a nonprofit organization based in Manzanita, OR, classified under NTEE code T30. The organization reported total revenue of $249K and total assets of $687K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mudd Nick Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mudd Nick Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $202K |
| Surplus / Deficit | $-18,541 |
| Total Assets | $629K |
| Net Assets | $629K |
| Operating Margin | -10.1% |
| Months of Reserves | 37.3 months |
Financial Health Grade: B
In 2023, Mudd Nick Foundation reported a deficit of $19K with expenses exceeding revenue, holds 37.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mudd Nick Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.0% | +59.4% | -2.9% |
| 2022 | +21.0% | +14.1% | +5.8% |
| 2021 | -47.2% | +33.0% | +3.9% |
| 2020 | +20.9% | -38.7% | +40.4% |
| 2019 | +5.4% | -14.3% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Mudd Nick Foundation with a Mission Score of 92 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, Mudd Nick 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 $19K, with expenses exceeding revenue.
Executive Compensation Analysis
The Mudd Nick Foundation consistently reports 0% officer compensation across all its IRS 990 filings, indicating that no executive salaries are paid, which is highly commendable for an organization of its size with assets growing to over $600,000.
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 Mudd Nick Foundation's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($202,015 expenses vs. $183,474 revenue), indicating a potential deficit for that period.
Strengths
The following positive indicators were identified for Mudd Nick Foundation:
- Consistent asset growth from $201,009 in 2014 to $628,565 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial stability.
- 0% officer compensation reported in all filings, demonstrating high efficiency and dedication to mission.
- Generally maintains expenses below or near revenue, ensuring sustainability.
Frequently Asked Questions about Mudd Nick Foundation
Is Mudd Nick Foundation a legitimate charity?
Mudd Nick Foundation (EIN: 205221242) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $249K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Mudd Nick Foundation spend its money?
Mudd Nick Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mudd Nick Foundation tax-deductible?
Mudd Nick Foundation is registered as a tax-exempt nonprofit (EIN: 205221242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mudd Nick Foundation CEO make?
Mudd Nick Foundation's highest-compensated officer earns $600,000. annually. The organization reported $249K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mudd Nick Foundation's spending goes to programs?
Mudd Nick Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mudd Nick Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mudd Nick Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mudd Nick Foundation located?
Mudd Nick Foundation is headquartered in Manzanita, Oregon and files with the IRS under EIN 205221242. It is classified under NTEE code T30.
How many years of IRS 990 filings does Mudd Nick Foundation have?
Mudd Nick Foundation has 13 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 $249K in total revenue.
Is Mudd Nick Foundation a good charity?
Based on its financial data, the Mudd Nick Foundation appears to be a very good charity. It has consistently grown its assets, maintained zero liabilities, and reported 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the Mudd Nick Foundation's financial health changed over time?
The Mudd Nick Foundation has shown consistent financial growth, with assets increasing from $201,009 in 2014 to $628,565 in 2023. While revenue and expenses have fluctuated, the overall trend is positive, with a strong balance sheet and no liabilities.
What is the Mudd Nick Foundation's approach to executive compensation?
The Mudd Nick Foundation has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means that no funds are allocated to executive salaries, maximizing resources for programmatic activities.
Filing History
IRS 990 filing history for Mudd Nick Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mudd Nick Foundation's revenue has grown by 149.1%, moving from $74K to $183K. Total assets increased by 385.7% over the same period, from $129K to $629K. Total functional expenses rose by 166.4%, from $76K to $202K. In its most recent filing year (2023), Mudd Nick Foundation reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $202K | $629K | $0 | — | — |
| 2022 | $162K | $127K | $647K | $0 | — | — |
| 2021 | $134K | $111K | $611K | $0 | — | View 990 |
| 2020 | $254K | $84K | $588K | $0 | — | View 990 |
| 2019 | $210K | $136K | $419K | $-22 | — | View 990 |
| 2018 | $200K | $159K | $345K | $0 | — | View 990 |
| 2017 | $174K | $153K | $305K | $0 | — | View 990 |
| 2016 | $180K | $125K | $284K | $0 | — | View 990 |
| 2015 | $133K | $105K | $229K | $0 | — | View 990 |
| 2014 | $140K | $94K | $201K | $0 | — | View 990 |
| 2013 | $106K | $121K | $156K | $0 | — | View 990 |
| 2012 | $114K | $100K | $171K | $0 | — | View 990 |
| 2011 | $74K | $76K | $129K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $202K, and assets of $629K (revenue +13.0% year-over-year).
- 2022: Revenue of $162K, expenses of $127K, and assets of $647K (revenue +21.0% year-over-year).
- 2021: Revenue of $134K, expenses of $111K, and assets of $611K (revenue -47.2% year-over-year).
- 2020: Revenue of $254K, expenses of $84K, and assets of $588K (revenue +20.9% year-over-year).
- 2019: Revenue of $210K, expenses of $136K, and assets of $419K (revenue +5.4% year-over-year).
- 2018: Revenue of $200K, expenses of $159K, and assets of $345K (revenue +14.8% year-over-year).
- 2017: Revenue of $174K, expenses of $153K, and assets of $305K (revenue -3.6% year-over-year).
- 2016: Revenue of $180K, expenses of $125K, and assets of $284K (revenue +35.6% year-over-year).
- 2015: Revenue of $133K, expenses of $105K, and assets of $229K (revenue -4.8% year-over-year).
- 2014: Revenue of $140K, expenses of $94K, and assets of $201K (revenue +32.3% year-over-year).
- 2013: Revenue of $106K, expenses of $121K, and assets of $156K (revenue -7.3% year-over-year).
- 2012: Revenue of $114K, expenses of $100K, and assets of $171K (revenue +54.6% year-over-year).
- 2011: Revenue of $74K, expenses of $76K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mudd Nick Foundation:
Data Sources and Methodology
This transparency report for Mudd Nick 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.