Mueth Family Foundation
Mueth Family Foundation shows consistent asset growth and no reported officer compensation over a decade.
EIN: 208110503 · Waterloo, IL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $943K |
| Total Expenses | $328K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Mueth Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mueth Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mueth Family Foundation
Mueth Family Foundation (EIN: 208110503) is a nonprofit organization based in Waterloo, IL, classified under NTEE code T22. The organization reported total revenue of $943K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mueth Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mueth Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $474K |
| Total Expenses | $328K |
| Surplus / Deficit | +$146K |
| Total Assets | $2.2M |
| Total Liabilities | $343K |
| Net Assets | $1.8M |
| Operating Margin | 30.9% |
| Debt-to-Asset Ratio | 15.8% |
| Months of Reserves | 79.4 months |
Financial Health Grade: A
In 2023, Mueth Family Foundation reported a surplus of $146K with revenue exceeding expenses, holds 79.4 months of operating reserves (strong position), has a debt-to-asset ratio of 15.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mueth Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.5% | +35.7% | -8.3% |
| 2022 | +209.9% | +82.2% | +51.3% |
| 2021 | -58.2% | +15.0% | -1.1% |
| 2020 | +15.1% | -2.2% | +11.4% |
| 2019 | +228.9% | +10.3% | +44.3% |
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 Mueth 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, Mueth 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 $146K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers and key employees are not compensated, which is highly unusual for an organization with over $2 million in assets and nearly $500,000 in annual revenue.
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 Mueth Family Foundation's IRS 990 filings:
- Significant increase in liabilities from $1 in 202112 to $685,000 in 202212 without clear explanation.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
- Consistent 0% officer compensation for an organization with over $2 million in assets, which is unusual and could imply hidden operational costs or an entirely volunteer-led structure.
Strengths
The following positive indicators were identified for Mueth Family Foundation:
- Consistent asset growth, reaching $2,166,401 in 202312, demonstrating financial stability.
- No reported officer compensation across all filings, suggesting a highly lean or volunteer-driven operational model.
- Revenue generally exceeds expenses in recent years, indicating sound financial management and ability to grow reserves.
- Long history of IRS 990 filings (10 filings), indicating consistent regulatory compliance and transparency.
Frequently Asked Questions about Mueth Family Foundation
Is Mueth Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mueth Family Foundation (EIN: 208110503) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Mueth Family Foundation spend its money?
Mueth Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mueth Family Foundation tax-deductible?
Mueth Family Foundation is registered as a tax-exempt nonprofit (EIN: 208110503). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mueth Family Foundation CEO make?
Mueth Family Foundation's highest-compensated officer earns $2 annually. The organization reported $943K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Mueth Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mueth 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 Mueth Family Foundation located?
Mueth Family Foundation is headquartered in Waterloo, Illinois and files with the IRS under EIN 208110503. It is classified under NTEE code T22.
How many years of IRS 990 filings does Mueth Family Foundation have?
Mueth Family Foundation 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 $943K in total revenue.
What are the specific programs the Mueth Family Foundation funds?
The NTEE code T22 indicates 'Private Grantmaking Foundations', suggesting the foundation primarily provides grants to other organizations or individuals. The filings do not detail specific program activities or beneficiaries.
How does the foundation manage its liabilities, which increased significantly in recent years?
Liabilities increased from $1 in 202112 to $685,000 in 202212 and then decreased to $342,500 in 202312. The nature of these liabilities is not specified in the provided data, but their fluctuation warrants further investigation.
Given the 0% officer compensation, how are the operational and governance functions of the foundation managed?
The consistent reporting of 0% officer compensation suggests that the foundation is either entirely volunteer-run at the executive level or that compensation is reported under other expense categories, which would require further clarification from the detailed 990 forms.
Filing History
IRS 990 filing history for Mueth Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mueth Family Foundation's revenue has grown by 330.2%, moving from $110K to $474K. Total assets increased by 98.3% over the same period, from $1.1M to $2.2M. Total functional expenses rose by 455.1%, from $59K to $328K. In its most recent filing year (2023), Mueth Family Foundation reported a surplus of $146K, with revenue exceeding expenses. The organization holds $343K in liabilities against $2.2M in assets (debt-to-asset ratio: 15.8%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $474K | $328K | $2.2M | $343K | — | — |
| 2022 | $358K | $241K | $2.4M | $685K | — | View 990 |
| 2021 | $115K | $132K | $1.6M | $1 | — | View 990 |
| 2020 | $276K | $115K | $1.6M | $1 | — | View 990 |
| 2019 | $240K | $118K | $1.4M | $1 | — | View 990 |
| 2015 | $73K | $107K | $982K | $0 | — | View 990 |
| 2014 | $49K | $93K | $1.0M | $0 | — | View 990 |
| 2013 | $107K | $99K | $1.1M | $0 | — | View 990 |
| 2012 | $53K | $94K | $1.1M | $0 | — | View 990 |
| 2011 | $110K | $59K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $474K, expenses of $328K, and assets of $2.2M (revenue +32.5% year-over-year).
- 2022: Revenue of $358K, expenses of $241K, and assets of $2.4M (revenue +209.9% year-over-year).
- 2021: Revenue of $115K, expenses of $132K, and assets of $1.6M (revenue -58.2% year-over-year).
- 2020: Revenue of $276K, expenses of $115K, and assets of $1.6M (revenue +15.1% year-over-year).
- 2019: Revenue of $240K, expenses of $118K, and assets of $1.4M (revenue +228.9% year-over-year).
- 2015: Revenue of $73K, expenses of $107K, and assets of $982K (revenue +48.0% year-over-year).
- 2014: Revenue of $49K, expenses of $93K, and assets of $1.0M (revenue -53.8% year-over-year).
- 2013: Revenue of $107K, expenses of $99K, and assets of $1.1M (revenue +99.9% year-over-year).
- 2012: Revenue of $53K, expenses of $94K, and assets of $1.1M (revenue -51.6% year-over-year).
- 2011: Revenue of $110K, expenses of $59K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mueth Family Foundation:
Data Sources and Methodology
This transparency report for Mueth 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.