Central City Municipal Facilities Corp
EIN: 262156787 · Central City, NE
| Metric | Value |
|---|---|
| Total Expenses | $223K |
| Net Assets | $-375,985 |
Is Central City Municipal Facilities Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central City Municipal Facilities Corp
Central City Municipal Facilities Corp (EIN: 262156787) is a nonprofit organization based in Central City, NE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central City Municipal Facilities Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central City Municipal Facilities Corp is a small nonprofit.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $223K |
| Surplus / Deficit | $-68,892 |
| Total Assets | $1.3M |
| Total Liabilities | $1.7M |
| Net Assets | $-375,985 |
| Operating Margin | -44.8% |
| Debt-to-Asset Ratio | 127.9% |
| Months of Reserves | 72.7 months |
Financial Health Grade: C
In 2016, Central City Municipal Facilities Corp reported a deficit of $69K with expenses exceeding revenue, holds 72.7 months of operating reserves (strong position), has a debt-to-asset ratio of 127.9% (high leverage).
AI Analysis Pending
AI enrichment for Central City Municipal Facilities Corp 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 Central City Municipal Facilities Corp 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $69K, with expenses exceeding revenue.
- Debt-to-asset ratio: 127.9%.
Frequently Asked Questions about Central City Municipal Facilities Corp
Is Central City Municipal Facilities Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Central City Municipal Facilities Corp (EIN: 262156787) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central City Municipal Facilities Corp spend its money?
Detailed spending breakdown data is not yet available for Central City Municipal Facilities Corp. Check back for updated IRS 990 analysis.
Are donations to Central City Municipal Facilities Corp tax-deductible?
Central City Municipal Facilities Corp is registered as a tax-exempt nonprofit (EIN: 262156787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central City Municipal Facilities Corp located?
Central City Municipal Facilities Corp is headquartered in Central City, Nebraska and files with the IRS under EIN 262156787.
Filing History
IRS 990 filing history for Central City Municipal Facilities Corp showing financial trends over 1 year of public records:
In its most recent filing year (2016), Central City Municipal Facilities Corp reported a deficit of $69K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $1.3M in assets (debt-to-asset ratio: 127.9%), resulting in net assets of $-375,985.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $154K | $223K | $1.3M | $1.7M | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central City Municipal Facilities Corp:
Data Sources and Methodology
This transparency report for Central City Municipal Facilities Corp 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.