Mound City Bar Foundation
Nonprofit profile at a glance
- EIN
- 202659315
- IRS 990 coverage
- 2022–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Saint Louis, MO, USA
- Phone
- (314) 887-9030
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $370,482
- Expenses
- $267,497
- Assets
- $484,321
- Liabilities
- $521
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Justin Strayhorn (MCBA-President)
- Kenneth Goins (President)
People named in this filing
- Hon Nicole Zellweger (Board Member)
- Hope Whitehead (Board Member)
- Sandra Moore (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Mound City Bar Foundation is a 501(c)3 organization that is the charitable arm to the Mound City Bar Association, the oldest Black Bar Association west of the Mississippi. The mission of the Mound City Bar Foundation is to work collaboratively with the Mound City Bar Association to advance the professional development of our members; to improve the administration of justice; to uphold the honor of the legal profession; to improve diversity by offering scholarships to disadvantaged law students and assistance to members; and to provide service to the community.
What it reported doing in 2024
The organization used funds raised from lawyers, judges and members of the public in the St. Louis area to make grants to Washington University Law School and Saint Louis University School of Law. The grants are being used by the schools to fund scholarships for students in need of financial aid. The organizations board of directors, along with other volunteers, provided or arranged for various mentoring and development activities for the students receiving aid.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 70
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.9%; rating input score 72
- Program expense ratio: 99.5%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 27.8%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.81; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 42% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: -29.8% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 71.9% of revenue deployed · 99.5% of spending went to programs
- Governance: 12 of 12 board members independent · 5 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $266K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.