Public Charity

MUSTANG FOUNDATION INC

MUSTANG FOUNDATION INC is a nonprofit organization categorized as Public Charity based in INDEPENDENCE, IA. Its most recent IRS filing (2025) reports revenue of $761K, expenses of $152K, total assets of $2.0M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $14K.

EIN: 421429135 INDEPENDENCE, IA Latest filing: 2025
Total Revenue$761K
Total Expenses$152K
Total Assets$2.0M
Grant Records2
Funding Total$14K
Filing Years2021–2025

Mission

TO BENEFIT AND SUPPORT THE ACTIVITIES OF INDEPENDENCE COMMUNITY SCHOOL DISTRICT.

Officers & Directors

Director Andy Hauber
Director Brad Kegler
Director Bryan Palmer
Director Charlie Mccardle
Director Cody Barnes
Director Jeremy Hahn

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$14,055 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $761K $152K $2.0M
2024 $385K $264K $1.3M
2023 $81K $123K $1.1M
2022 $347K $198K $1.1M
2021 $157K $122K $1.1M

Between 2021 and 2025, reported annual revenue grew from $157K to $761K (+384%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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