Mystic Athletic Club
Mystic Athletic Club maintains stable finances with zero executive compensation and growing revenue.
EIN: 203293439 · Bismarck, ND · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $105K |
| Program Spending | 90% |
| Net Assets | $122K |
| Transparency Score | 92/100 |
Is Mystic Athletic Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mystic Athletic Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mystic Athletic Club
Mystic Athletic Club (EIN: 203293439) is a nonprofit organization based in Bismarck, ND, classified under NTEE code B12. The organization reported total revenue of $144K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mystic Athletic Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mystic Athletic Club is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $105K |
| Surplus / Deficit | +$23K |
| Total Assets | $122K |
| Net Assets | $122K |
| Operating Margin | 18.1% |
| Months of Reserves | 14.0 months |
Financial Health Grade: A
In 2023, Mystic Athletic Club reported a surplus of $23K with revenue exceeding expenses, holds 14.0 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Mystic Athletic Club's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | -19.2% | +23.3% |
| 2022 | +70.5% | +362.7% | -9.3% |
| 2021 | -17.9% | -74.0% | +60.9% |
| 2020 | -37.4% | +33.9% | -24.7% |
| 2019 | +23.3% | +4.6% | -32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
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 Mystic Athletic Club 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, Mystic Athletic Club 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all six filing periods, indicating a volunteer-led organization, which is highly commendable for maximizing resources for its mission.
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 Mystic Athletic Club:
- Zero officer compensation across all filings, maximizing funds for programs.
- Consistent growth in assets, reaching $147,353 in the latest period.
- Very low or zero liabilities in recent years ($0 in 2023 and 2022), indicating strong financial management.
- Positive net income in most recent periods (e.g., $127,869 revenue vs. $104,724 expenses in 2023).
- Overall upward trend in revenue from $110,640 in 2018 to $144,072 in the latest filing.
Frequently Asked Questions about Mystic Athletic Club
Is Mystic Athletic Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Mystic Athletic Club (EIN: 203293439) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Mystic Athletic Club spend its money?
Mystic Athletic Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mystic Athletic Club tax-deductible?
Mystic Athletic Club is registered as a tax-exempt nonprofit (EIN: 203293439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mystic Athletic Club's spending goes to programs?
Mystic Athletic Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mystic Athletic Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mystic Athletic Club is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mystic Athletic Club located?
Mystic Athletic Club is headquartered in Bismarck, North Dakota and files with the IRS under EIN 203293439. It is classified under NTEE code B12.
How many years of IRS 990 filings does Mystic Athletic Club have?
Mystic Athletic Club has 6 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 $144K in total revenue.
Is Mystic Athletic Club a good charity?
Based on the provided data, Mystic Athletic Club appears to be a good charity. It demonstrates strong financial health with growing revenue (latest $144,072), low liabilities ($0 in 2023), and a commendable 0% officer compensation, suggesting efficient use of funds for its mission.
How has Mystic Athletic Club's revenue trended over time?
Mystic Athletic Club's revenue has shown fluctuations but an overall upward trend, from $110,640 in 2018 to $144,072 in its latest filing, with a dip in 2021 ($70,130) and a strong recovery since.
What is the organization's approach to executive compensation?
The organization has a highly efficient approach to executive compensation, reporting 0% officer compensation across all six available filings, indicating a volunteer-driven leadership.
Filing History
IRS 990 filing history for Mystic Athletic Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Mystic Athletic Club's revenue has grown by 15.6%, moving from $111K to $128K. Total assets decreased by 8.9% over the same period, from $134K to $122K. Total functional expenses rose by 36.2%, from $77K to $105K. In its most recent filing year (2023), Mystic Athletic Club reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $105K | $122K | $0 | — | View 990 |
| 2022 | $120K | $130K | $99K | $0 | — | View 990 |
| 2021 | $70K | $28K | $109K | $500 | — | — |
| 2020 | $85K | $108K | $68K | $0 | — | View 990 |
| 2019 | $136K | $80K | $90K | $0 | — | View 990 |
| 2018 | $111K | $77K | $134K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $105K, and assets of $122K (revenue +7.0% year-over-year).
- 2022: Revenue of $120K, expenses of $130K, and assets of $99K (revenue +70.5% year-over-year).
- 2021: Revenue of $70K, expenses of $28K, and assets of $109K (revenue -17.9% year-over-year).
- 2020: Revenue of $85K, expenses of $108K, and assets of $68K (revenue -37.4% year-over-year).
- 2019: Revenue of $136K, expenses of $80K, and assets of $90K (revenue +23.3% year-over-year).
- 2018: Revenue of $111K, expenses of $77K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mystic Athletic Club:
Data Sources and Methodology
This transparency report for Mystic Athletic Club 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.