A โ€” Arts, Culture & HumanitiesEIN: 753076651ยท Ruling Year: 2002

Mighty Eighth Foundation Inc

Savannah, Georgia

B-Health Score
48B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$48K
Total Revenue
๐Ÿ“Š
$133K
Total Expenses
๐Ÿฆ
$2.4M
Net Assets
๐Ÿ“‹
$30K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-31.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-174.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.39
Net assets divided by total expenses
Liabilities-to-Assets
1.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$48,412โ†“32%$132,825โ†“5%$2,472,282โ†‘8%
2022$70,727โ†“89%$139,744โ†“10%$2,289,979โ†“18%
2021$632,459โ†‘615%$156,058โ†“13%$2,779,636โ†‘17%
2020$88,449โ†“34%$179,358โ†‘4%$2,384,936
2019$133,379โ†“25%$172,748โ†“18%$2,382,806โ†‘12%
2018$177,625โ†“10%$210,025โ†“2%$2,132,188โ†“14%
2017$196,791โ†‘230%$214,095โ†‘71%$2,473,654โ†‘6%
2016-$151,772โ†“217%$125,354โ†‘543%$2,332,920โ†‘1%
2015$129,739โ†“34%$19,491โ†“82%$2,316,874โ†“7%
2014$197,353โ†‘63%$109,570โ†‘235%$2,491,601โ†“1%
2013$121,147โ†‘529%$32,669โ†‘8%$2,522,938โ†‘15%
2012$19,247โ†“87%$30,156โ†‘72%$2,200,854โ†‘10%
2011$148,544$17,548$2,006,088

Frequently Asked Questions

What does Mighty Eighth Foundation Inc do?โ–ผ

Mighty Eighth Foundation Inc is a arts, culture & humanities nonprofit organization based in Georgia. It is classified under NTEE code A11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mighty Eighth Foundation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Mighty Eighth Foundation Inc has a score of 48/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mighty Eighth Foundation Inc generate?โ–ผ

Mighty Eighth Foundation Inc reports $285K in annual revenue and holds $2.6M in total assets, based on IRS filings.

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Mighty Eighth Foundation Inc โ€” Savannah, GA | GiveScope