Thomas W Mitchell And Betty S Mitchell Charitable Foundation

Small private foundation consistently distributes income with no officer compensation.

EIN: 202802194 · Bay Minette, AL · NTEE: T20 · Updated: 2026-03-28

$30KRevenue

$398KAssets

85/100Mission Score (Excellent)

T20

About Thomas W Mitchell And Betty S Mitchell Charitable Foundation

Thomas W Mitchell And Betty S Mitchell Charitable Foundation (EIN: 202802194) is a nonprofit organization based in Bay Minette, AL, classified under NTEE code T20. The organization reported total revenue of $30K and total assets of $398K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas W Mitchell And Betty S Mitchell Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Thomas W Mitchell And Betty S Mitchell Charitable Foundation operates as a small private foundation, consistently maintaining assets around $400,000. Its revenue has been stable, typically in the $20,000-$30,000 range annually. The foundation's spending patterns show significant variability, with expenses ranging from a low of $1,411 in 2012 to a high of $33,301 in 2015. In recent years (2021-2023), expenses have generally matched or slightly exceeded revenue, indicating a consistent distribution of funds.

Given its structure as a private foundation, its primary function is to distribute grants rather than conduct direct programs, which influences its operational efficiency metrics. The consistent reporting of zero officer compensation across all filings indicates a volunteer-driven or minimally compensated leadership, which is a positive sign for donor confidence. The foundation's liabilities have consistently been reported as $1, suggesting a very healthy balance sheet with virtually no debt.

Transparency appears to be good, with a consistent filing history over the past decade. The financial data indicates a well-managed endowment for its size, with a focus on distributing its income. While the expense-to-revenue ratio fluctuates, the overall trend suggests a commitment to its charitable purpose through grantmaking, without significant overhead costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Thomas W Mitchell And Betty S Mitchell Charitable 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Thomas W Mitchell And Betty S Mitchell Charitable Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% of expenses across all filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for a foundation 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 Thomas W Mitchell And Betty S Mitchell Charitable Foundation:

Consistent zero officer compensation, indicating high efficiency in leadership costs.
Stable asset base around $400,000 over a decade, demonstrating sound financial management.
Virtually no liabilities reported ($1 consistently), indicating a very healthy balance sheet.
Consistent filing history, demonstrating good transparency and compliance.
High program spending ratio (95%) due to its grantmaking nature and minimal overhead.

Frequently Asked Questions about Thomas W Mitchell And Betty S Mitchell Charitable Foundation

What is the primary focus of the foundation's grantmaking?

Based on the NTEE code T20 (Foundations, Philanthropy & Grantmaking), the foundation primarily functions as a grantmaker, distributing funds to other charitable organizations or causes, rather than operating its own programs.

How stable is the foundation's asset base?

The foundation's assets have remained remarkably stable over the past decade, fluctuating around $400,000 (e.g., $398,448 latest, $399,353 in 2023, $400,050 in 2022), indicating sound financial management of its endowment.

Does the foundation spend more than it earns?

In some recent years, such as 2023 ($31,532 expenses vs. $30,835 revenue) and 2021 ($32,762 expenses vs. $30,080 revenue), the foundation's expenses slightly exceeded its revenue. However, this is common for foundations that distribute from their principal or accumulated income, and the asset base remains stable.

Filing History

IRS 990 filing history for Thomas W Mitchell And Betty S Mitchell Charitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Thomas W Mitchell And Betty S Mitchell Charitable Foundation's revenue has grown by 40.5%, moving from $22K to $31K. Total assets increased by 7.9% over the same period, from $370K to $399K. Total functional expenses rose by 1097.6%, from $3K to $32K. In its most recent filing year (2023), Thomas W Mitchell And Betty S Mitchell Charitable Foundation reported a deficit of $697, with expenses exceeding revenue. The organization holds $1 in liabilities against $399K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $399K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$31K	$32K	$399K	$1	—	—
2022	$31K	$30K	$400K	$1	—	—
2021	$30K	$33K	$399K	$1	—	—
2020	$29K	$8K	$402K	$1	—	—
2019	$29K	$29K	$381K	$1	—	View 990
2015	$25K	$33K	$413K	$1	—	View 990
2014	$25K	$15K	$421K	$1	—	View 990
2013	$23K	$1K	$412K	$1	—	View 990
2012	$22K	$1K	$391K	$1	—	View 990
2011	$22K	$3K	$370K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $31K, expenses of $32K, and assets of $399K (revenue +0.3% year-over-year).
2022: Revenue of $31K, expenses of $30K, and assets of $400K (revenue +2.2% year-over-year).
2021: Revenue of $30K, expenses of $33K, and assets of $399K (revenue +5.3% year-over-year).
2020: Revenue of $29K, expenses of $8K, and assets of $402K (revenue -0.7% year-over-year).
2019: Revenue of $29K, expenses of $29K, and assets of $381K (revenue +14.6% year-over-year).
2015: Revenue of $25K, expenses of $33K, and assets of $413K (revenue +2.0% year-over-year).
2014: Revenue of $25K, expenses of $15K, and assets of $421K (revenue +8.2% year-over-year).
2013: Revenue of $23K, expenses of $1K, and assets of $412K (revenue +2.5% year-over-year).
2012: Revenue of $22K, expenses of $1K, and assets of $391K (revenue +1.2% year-over-year).
2011: Revenue of $22K, expenses of $3K, and assets of $370K.

Data Sources and Methodology

This transparency report for Thomas W Mitchell And Betty S Mitchell 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.