The Black Mastermind Group Charitable Foundation
EIN: 841888697 · Kansas City, KS · NTEE: B01
| Metric | Value |
|---|---|
| Total Revenue | $351K |
| Total Expenses | $11K |
| Net Assets | $596K |
Is The Black Mastermind Group Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Black Mastermind Group Charitable Foundation
The Black Mastermind Group Charitable Foundation (EIN: 841888697) is a nonprofit organization based in Kansas City, KS, classified under NTEE code B01. The organization reported total revenue of $351K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Black Mastermind Group Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Black Mastermind Group Charitable Foundation is a small nonprofit that has been operating for 6 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $11K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $1.1M |
| Total Liabilities | $482K |
| Net Assets | $596K |
| Operating Margin | 99.0% |
| Debt-to-Asset Ratio | 44.7% |
| Months of Reserves | 1159.7 months |
Financial Health Grade: A
In 2023, The Black Mastermind Group Charitable Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 1159.7 months of operating reserves (strong position), has a debt-to-asset ratio of 44.7% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1237 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Black Mastermind Group Charitable 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 The Black Mastermind Group Charitable 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.7%.
Frequently Asked Questions about The Black Mastermind Group Charitable Foundation
Is The Black Mastermind Group Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Black Mastermind Group Charitable Foundation (EIN: 841888697) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Black Mastermind Group Charitable Foundation spend its money?
Detailed spending breakdown data is not yet available for The Black Mastermind Group Charitable Foundation. Check back for updated IRS 990 analysis.
Are donations to The Black Mastermind Group Charitable Foundation tax-deductible?
The Black Mastermind Group Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 841888697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Black Mastermind Group Charitable Foundation located?
The Black Mastermind Group Charitable Foundation is headquartered in Kansas City, Kansas and files with the IRS under EIN 841888697. It is classified under NTEE code B01.
Filing History
IRS 990 filing history for The Black Mastermind Group Charitable Foundation showing financial trends over 1 year of public records:
In its most recent filing year (2023), The Black Mastermind Group Charitable Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $482K in liabilities against $1.1M in assets (debt-to-asset ratio: 44.7%), resulting in net assets of $596K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $11K | $1.1M | $482K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Black Mastermind Group Charitable Foundation:
Data Sources and Methodology
This transparency report for The Black Mastermind Group Charitable 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.