Blackberry Mccarr Development Inc
Blackberry Mccarr Development Inc. consistently operates at a significant deficit, with liabilities exceeding assets.
EIN: 200482499 · Pikeville, KY · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $121K |
| Program Spending | 70% |
| Net Assets | $-933,345 |
| Transparency Score | 35/100 |
Is Blackberry Mccarr Development Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blackberry Mccarr Development Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Blackberry Mccarr Development Inc
Blackberry Mccarr Development Inc (EIN: 200482499) is a nonprofit organization based in Pikeville, KY, classified under NTEE code L21. The organization reported total revenue of $84K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blackberry Mccarr Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blackberry Mccarr Development Inc is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $121K |
| Surplus / Deficit | $-74,775 |
| Total Assets | $1.2M |
| Total Liabilities | $2.1M |
| Net Assets | $-933,345 |
| Operating Margin | -160.2% |
| Debt-to-Asset Ratio | 179.5% |
| Months of Reserves | 116.0 months |
Financial Health Grade: C
In 2023, Blackberry Mccarr Development Inc reported a deficit of $75K with expenses exceeding revenue, holds 116.0 months of operating reserves (strong position), has a debt-to-asset ratio of 179.5% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Blackberry Mccarr Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +2.4% | -3.6% |
| 2022 | -7.9% | -0.9% | -3.8% |
| 2021 | +5.7% | -5.5% | -3.4% |
| 2020 | -2.4% | -4.4% | -2.8% |
| 2019 | -19.7% | -20.4% | -13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blackberry Mccarr Development Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Blackberry Mccarr Development Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 179.5%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, suggesting either a volunteer leadership structure or that compensation is categorized differently, which could impact the transparency of leadership costs relative to the organization's size and financial state.
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.
Red Flags
The following concerns were identified during AI analysis of Blackberry Mccarr Development Inc's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $46,679 revenue vs. $121,454 expenses in 2023).
- Liabilities consistently exceed assets (e.g., $2,107,778 liabilities vs. $1,174,433 assets in 2023).
- Steady decline in total assets over the past decade (from $1,762,137 in 2014 to $1,174,433 in 2023).
- Lack of detailed expense breakdown to assess program efficiency.
Strengths
The following positive indicators were identified for Blackberry Mccarr Development Inc:
- Consistent filing of IRS Form 990s, indicating a commitment to regulatory transparency.
- No reported officer compensation, potentially indicating a volunteer-driven leadership.
Frequently Asked Questions about Blackberry Mccarr Development Inc
Is Blackberry Mccarr Development Inc a legitimate charity?
Blackberry Mccarr Development Inc (EIN: 200482499) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 35/100. It has 12 years of IRS 990 filings on record. Total revenue: $84K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Blackberry Mccarr Development Inc spend its money?
Blackberry Mccarr Development Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Blackberry Mccarr Development Inc tax-deductible?
Blackberry Mccarr Development Inc is registered as a tax-exempt nonprofit (EIN: 200482499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blackberry Mccarr Development Inc's spending goes to programs?
Blackberry Mccarr Development Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Blackberry Mccarr Development Inc compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Blackberry Mccarr Development Inc is below average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blackberry Mccarr Development Inc located?
Blackberry Mccarr Development Inc is headquartered in Pikeville, Kentucky and files with the IRS under EIN 200482499. It is classified under NTEE code L21.
How many years of IRS 990 filings does Blackberry Mccarr Development Inc have?
Blackberry Mccarr Development Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $84K in total revenue.
How does Blackberry Mccarr Development Inc. plan to address its consistent operating deficits?
The organization has consistently spent more than it earns, with expenses exceeding revenue in every reported period. For example, in 2023, expenses were $121,454 while revenue was only $46,679. This trend is unsustainable long-term.
What is the nature of the organization's high liabilities, which consistently exceed its assets?
Liabilities have consistently been higher than assets, reaching $2,107,778 in 2023 compared to assets of $1,174,433. This indicates a significant debt burden that could impact the organization's financial stability and future operations.
What are the specific program activities and their associated costs?
Without a detailed breakdown of expenses, it's challenging to determine the proportion of spending dedicated to programs versus administrative or fundraising activities. The provided data only shows total expenses.
How does the organization sustain operations given its continuous decline in assets?
Assets have steadily decreased from $1,762,137 in 2014 to $1,174,433 in 2023, while liabilities remain high. This suggests the organization may be liquidating assets or relying on other non-revenue sources to cover its deficits.
Filing History
IRS 990 filing history for Blackberry Mccarr Development Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Blackberry Mccarr Development Inc's revenue has declined by 52.2%, moving from $98K to $47K. Total assets decreased by 35% over the same period, from $1.8M to $1.2M. Total functional expenses rose by 18.1%, from $103K to $121K. In its most recent filing year (2023), Blackberry Mccarr Development Inc reported a deficit of $75K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $1.2M in assets (debt-to-asset ratio: 179.5%), resulting in net assets of $-933,345.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $121K | $1.2M | $2.1M | — | View 990 |
| 2022 | $48K | $119K | $1.2M | $2.1M | — | View 990 |
| 2021 | $52K | $120K | $1.3M | $2.1M | — | — |
| 2020 | $50K | $127K | $1.3M | $2.0M | — | View 990 |
| 2019 | $51K | $132K | $1.3M | $2.0M | — | View 990 |
| 2018 | $63K | $166K | $1.6M | $2.1M | — | — |
| 2017 | $62K | $166K | $1.6M | $2.1M | — | View 990 |
| 2016 | $73K | $137K | $1.6M | $2.0M | — | View 990 |
| 2015 | $83K | $152K | $1.7M | $2.0M | — | View 990 |
| 2014 | $93K | $121K | $1.8M | $2.0M | — | View 990 |
| 2013 | $96K | $118K | $1.8M | $2.0M | — | View 990 |
| 2012 | $98K | $103K | $1.8M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $121K, and assets of $1.2M (revenue -3.1% year-over-year).
- 2022: Revenue of $48K, expenses of $119K, and assets of $1.2M (revenue -7.9% year-over-year).
- 2021: Revenue of $52K, expenses of $120K, and assets of $1.3M (revenue +5.7% year-over-year).
- 2020: Revenue of $50K, expenses of $127K, and assets of $1.3M (revenue -2.4% year-over-year).
- 2019: Revenue of $51K, expenses of $132K, and assets of $1.3M (revenue -19.7% year-over-year).
- 2018: Revenue of $63K, expenses of $166K, and assets of $1.6M (revenue +2.5% year-over-year).
- 2017: Revenue of $62K, expenses of $166K, and assets of $1.6M (revenue -15.1% year-over-year).
- 2016: Revenue of $73K, expenses of $137K, and assets of $1.6M (revenue -12.4% year-over-year).
- 2015: Revenue of $83K, expenses of $152K, and assets of $1.7M (revenue -10.9% year-over-year).
- 2014: Revenue of $93K, expenses of $121K, and assets of $1.8M (revenue -3.0% year-over-year).
- 2013: Revenue of $96K, expenses of $118K, and assets of $1.8M (revenue -1.7% year-over-year).
- 2012: Revenue of $98K, expenses of $103K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blackberry Mccarr Development Inc:
Data Sources and Methodology
This transparency report for Blackberry Mccarr Development Inc 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.