Consumer Credit Counseling Service Of Magic Valley Inc
EIN: 820399203 · Twin Falls, ID
| Metric | Value |
|---|---|
| Total Expenses | $174K |
| Net Assets | $170K |
Is Consumer Credit Counseling Service Of Magic Valley Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Consumer Credit Counseling Service Of Magic Valley Inc
Consumer Credit Counseling Service Of Magic Valley Inc (EIN: 820399203) is a nonprofit organization based in Twin Falls, ID. 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 Consumer Credit Counseling Service Of Magic Valley Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Consumer Credit Counseling Service Of Magic Valley Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -15.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $174K |
| Surplus / Deficit | $-60,497 |
| Total Assets | $174K |
| Total Liabilities | $4K |
| Net Assets | $170K |
| Operating Margin | -53.4% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2015, Consumer Credit Counseling Service Of Magic Valley Inc reported a deficit of $60K with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 4 years of filings (2012–2015), Consumer Credit Counseling Service Of Magic Valley Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -32.1% | +3.7% | -25.5% |
| 2014 | -10.6% | -13.9% | -2.1% |
| 2013 | -0.4% | -2.3% | -4.0% |
AI Analysis Pending
AI enrichment for Consumer Credit Counseling Service Of Magic Valley Inc 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 Consumer Credit Counseling Service Of Magic Valley Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Consumer Credit Counseling Service Of Magic Valley Inc
Is Consumer Credit Counseling Service Of Magic Valley Inc a legitimate charity?
Consumer Credit Counseling Service Of Magic Valley Inc (EIN: 820399203) is a registered tax-exempt nonprofit based in Idaho. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Consumer Credit Counseling Service Of Magic Valley Inc spend its money?
Consumer Credit Counseling Service Of Magic Valley Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Consumer Credit Counseling Service Of Magic Valley Inc tax-deductible?
Consumer Credit Counseling Service Of Magic Valley Inc is registered as a tax-exempt nonprofit (EIN: 820399203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Consumer Credit Counseling Service Of Magic Valley Inc located?
Consumer Credit Counseling Service Of Magic Valley Inc is headquartered in Twin Falls, Idaho and files with the IRS under EIN 820399203.
How many years of IRS 990 filings does Consumer Credit Counseling Service Of Magic Valley Inc have?
Consumer Credit Counseling Service Of Magic Valley Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Consumer Credit Counseling Service Of Magic Valley Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Consumer Credit Counseling Service Of Magic Valley Inc's revenue has declined by 39.5%, moving from $187K to $113K. Total assets decreased by 30% over the same period, from $249K to $174K. Total functional expenses fell by 12.8%, from $199K to $174K. In its most recent filing year (2015), Consumer Credit Counseling Service Of Magic Valley Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $4K in liabilities against $174K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $170K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $113K | $174K | $174K | $4K | — | View 990 |
| 2014 | $167K | $168K | $234K | $3K | — | View 990 |
| 2013 | $186K | $195K | $239K | $7K | — | View 990 |
| 2012 | $187K | $199K | $249K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $113K, expenses of $174K, and assets of $174K (revenue -32.1% year-over-year).
- 2014: Revenue of $167K, expenses of $168K, and assets of $234K (revenue -10.6% year-over-year).
- 2013: Revenue of $186K, expenses of $195K, and assets of $239K (revenue -0.4% year-over-year).
- 2012: Revenue of $187K, expenses of $199K, and assets of $249K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Consumer Credit Counseling Service Of Magic Valley Inc:
Data Sources and Methodology
This transparency report for Consumer Credit Counseling Service Of Magic Valley 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.