Muscle Shoals Education Foundation Inc
Muscle Shoals Education Foundation consistently operates with low overhead and no executive compensation.
EIN: 201227355 · Muscle Shoals, AL · NTEE: B82 · Updated: 2026-03-28
Is Muscle Shoals Education Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Muscle Shoals Education Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Muscle Shoals Education Foundation Inc
Muscle Shoals Education Foundation Inc (EIN: 201227355) is a nonprofit organization based in Muscle Shoals, AL, classified under NTEE code B82. The organization reported total revenue of $114K and total assets of $172K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Muscle Shoals Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Muscle Shoals Education Foundation Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Muscle Shoals Education Foundation 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of this size.
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 Muscle Shoals Education Foundation Inc:
- Consistent zero officer compensation, indicating efficient use of funds.
- Healthy asset growth from $53,531 in 201412 to $137,233 in 202312.
- Low liabilities, consistently under $7,000, demonstrating strong financial stability.
- Generally operates with a revenue surplus, such as $107,062 revenue vs. $76,576 expenses in 202312.
- Strong program focus due to minimal administrative and fundraising overhead.
Frequently Asked Questions about Muscle Shoals Education Foundation Inc
Is Muscle Shoals Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Muscle Shoals Education Foundation Inc (EIN: 201227355) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Muscle Shoals Education Foundation Inc spend its money?
Muscle Shoals Education Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Muscle Shoals Education Foundation Inc tax-deductible?
Muscle Shoals Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201227355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Muscle Shoals Education Foundation Inc. a good charity?
Based on its financial data, the Muscle Shoals Education Foundation Inc. appears to be a good charity. It consistently reports no officer compensation, maintains low liabilities, and generally operates with a surplus, indicating sound financial management and a strong commitment to its mission.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, often operating with a surplus. For example, in 202312, revenue was $107,062 and expenses were $76,576, resulting in a surplus. While there were periods of deficit (e.g., 202212, 202112, 201812), these appear to be managed within the context of overall financial health and asset growth.
What is the trend in the organization's assets and liabilities?
The organization's assets have shown a positive growth trend, increasing from $53,531 in 201412 to $137,233 in 202312. Liabilities have remained consistently low, typically under $7,000, indicating a strong financial position and minimal debt.
Filing History
IRS 990 filing history for Muscle Shoals Education Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Muscle Shoals Education Foundation Inc's revenue has grown by 67%, moving from $64K to $107K. Total assets increased by 188.1% over the same period, from $48K to $137K. Total functional expenses rose by 28.1%, from $60K to $77K. In its most recent filing year (2023), Muscle Shoals Education Foundation Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $2K in liabilities against $137K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $77K | $137K | $2K | — | View 990 |
| 2022 | $62K | $75K | $102K | $1K | — | View 990 |
| 2021 | $123K | $129K | $131K | $3K | — | View 990 |
| 2020 | $86K | $74K | $126K | $7K | — | — |
| 2019 | $100K | $93K | $106K | $2K | — | View 990 |
| 2018 | $85K | $108K | $97K | $3K | — | View 990 |
| 2017 | $116K | $105K | $122K | $5K | — | View 990 |
| 2016 | $98K | $69K | $112K | $6K | — | View 990 |
| 2015 | $97K | $71K | $90K | $13K | — | View 990 |
| 2014 | $79K | $71K | $54K | $2K | — | View 990 |
| 2013 | $44K | $42K | $45K | $2K | — | View 990 |
| 2012 | $47K | $53K | $42K | $1K | — | View 990 |
| 2011 | $64K | $60K | $48K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $77K, and assets of $137K (revenue +73.4% year-over-year).
- 2022: Revenue of $62K, expenses of $75K, and assets of $102K (revenue -49.7% year-over-year).
- 2021: Revenue of $123K, expenses of $129K, and assets of $131K (revenue +42.8% year-over-year).
- 2020: Revenue of $86K, expenses of $74K, and assets of $126K (revenue -14.3% year-over-year).
- 2019: Revenue of $100K, expenses of $93K, and assets of $106K (revenue +18.6% year-over-year).
- 2018: Revenue of $85K, expenses of $108K, and assets of $97K (revenue -27.1% year-over-year).
- 2017: Revenue of $116K, expenses of $105K, and assets of $122K (revenue +18.8% year-over-year).
- 2016: Revenue of $98K, expenses of $69K, and assets of $112K (revenue +0.7% year-over-year).
- 2015: Revenue of $97K, expenses of $71K, and assets of $90K (revenue +22.2% year-over-year).
- 2014: Revenue of $79K, expenses of $71K, and assets of $54K (revenue +79.8% year-over-year).
- 2013: Revenue of $44K, expenses of $42K, and assets of $45K (revenue -6.1% year-over-year).
- 2012: Revenue of $47K, expenses of $53K, and assets of $42K (revenue -26.8% year-over-year).
- 2011: Revenue of $64K, expenses of $60K, and assets of $48K.
Data Sources and Methodology
This transparency report for Muscle Shoals Education 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.