Brooks Firm Community Development Corporation
EIN: 461161794 · Ashland, MS · NTEE: S20
Is Brooks Firm Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brooks Firm Community Development Corporation
Brooks Firm Community Development Corporation (EIN: 461161794) is a nonprofit organization based in Ashland, MS, classified under NTEE code S20. The organization reported total revenue of $169K and total assets of $588 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooks Firm Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooks Firm Community Development Corporation is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2016–2018). Revenue has grown at a compound annual rate of -63.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $12K |
| Surplus / Deficit | +$10K |
| Total Assets | $588 |
| Net Assets | $588 |
| Operating Margin | 47.3% |
| Months of Reserves | 0.6 months |
Financial Health Grade: A
In 2018, Brooks Firm Community Development Corporation reported a surplus of $10K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2016–2018), Brooks Firm Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -63.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -67.7% | -76.6% | -99.6% |
| 2017 | -59.4% | -74.8% | +2190.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brooks Firm Community Development Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brooks Firm Community Development Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Frequently Asked Questions about Brooks Firm Community Development Corporation
Is Brooks Firm Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Brooks Firm Community Development Corporation (EIN: 461161794) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brooks Firm Community Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Brooks Firm Community Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Brooks Firm Community Development Corporation tax-deductible?
Brooks Firm Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 461161794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Brooks Firm Community Development Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2016–2018), Brooks Firm Community Development Corporation's revenue has declined by 86.9%, moving from $168K to $22K. Total assets decreased by 91% over the same period, from $6K to $588. Total functional expenses fell by 94.1%, from $196K to $12K. In its most recent filing year (2018), Brooks Firm Community Development Corporation reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $22K | $12K | $588 | $0 | — | View 990 |
| 2017 | $68K | $50K | $149K | $159K | — | — |
| 2016 | $168K | $196K | $6K | $35K | — | — |
Year-by-Year Financial Summary
- 2018: Revenue of $22K, expenses of $12K, and assets of $588 (revenue -67.7% year-over-year).
- 2017: Revenue of $68K, expenses of $50K, and assets of $149K (revenue -59.4% year-over-year).
- 2016: Revenue of $168K, expenses of $196K, and assets of $6K.
Data Sources and Methodology
This transparency report for Brooks Firm Community Development Corporation 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.