Mustangs Of America Foundation
EIN: 260529699 · Minden, NV · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $36K |
| Total Expenses | $58K |
| Net Assets | $74K |
Is Mustangs Of America Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mustangs Of America Foundation
Mustangs Of America Foundation (EIN: 260529699) is a nonprofit organization based in Minden, NV, classified under NTEE code D20. The organization reported total revenue of $36K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mustangs Of America Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mustangs Of America Foundation is a micro nonprofit that has been operating for 17 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 74.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $58K |
| Surplus / Deficit | +$2K |
| Total Assets | $74K |
| Net Assets | $74K |
| Operating Margin | 3.7% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Mustangs Of America Foundation reported a surplus of $2K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Mustangs Of America Foundation's revenue has grown at a compound annual growth rate (CAGR) of 74.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.4% | +109.0% | +50.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mustangs Of America Foundation 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 Mustangs Of America Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Mustangs Of America Foundation
Is Mustangs Of America Foundation a legitimate charity?
Mustangs Of America Foundation (EIN: 260529699) is a registered tax-exempt nonprofit based in Nevada. It has 2 years of IRS 990 filings on record. Total revenue: $36K. No red flags identified. Financial health grade: A.
How does Mustangs Of America Foundation spend its money?
Mustangs Of America Foundation reported $36K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mustangs Of America Foundation tax-deductible?
Mustangs Of America Foundation is registered as a tax-exempt nonprofit (EIN: 260529699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mustangs Of America Foundation located?
Mustangs Of America Foundation is headquartered in Minden, Nevada and files with the IRS under EIN 260529699. It is classified under NTEE code D20.
How many years of IRS 990 filings does Mustangs Of America Foundation have?
Mustangs Of America Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $36K in total revenue.
Filing History
IRS 990 filing history for Mustangs Of America Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Mustangs Of America Foundation's revenue has grown by 74.4%, moving from $35K to $61K. Total assets increased by 50% over the same period, from $49K to $74K. Total functional expenses rose by 109%, from $28K to $58K. In its most recent filing year (2023), Mustangs Of America Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $58K | $74K | $0 | — | View 990 |
| 2022 | $35K | $28K | $49K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mustangs Of America Foundation:
Data Sources and Methodology
This transparency report for Mustangs Of America 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.