Desoto Central Elementary Pto
EIN: 364320351 · Southaven, MS · NTEE: T112
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $82K |
| Net Assets | $43K |
Is Desoto Central Elementary Pto Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Desoto Central Elementary Pto
Desoto Central Elementary Pto (EIN: 364320351) is a nonprofit organization based in Southaven, MS, classified under NTEE code T112. The organization reported total revenue of $88K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Desoto Central Elementary Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Desoto Central Elementary Pto is a micro nonprofit that has been operating for 27 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $82K |
| Surplus / Deficit | $-31,439 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -62.6% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2023, Desoto Central Elementary Pto reported a deficit of $31K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Desoto Central Elementary Pto's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.5% | +170.1% | -42.3% |
| 2022 | +45.5% | -12.9% | +62.2% |
| 2020 | -27.3% | -30.7% | +9.2% |
| 2019 | -6.3% | +10.5% | +7.6% |
| 2018 | +4.4% | -30.8% | +41.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Desoto Central Elementary Pto 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 Desoto Central Elementary Pto 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
Frequently Asked Questions about Desoto Central Elementary Pto
Is Desoto Central Elementary Pto a legitimate charity?
Desoto Central Elementary Pto (EIN: 364320351) is a registered tax-exempt nonprofit based in Mississippi. It has 11 years of IRS 990 filings on record. Total revenue: $88K. No red flags identified. Financial health grade: B.
How does Desoto Central Elementary Pto spend its money?
Desoto Central Elementary Pto reported $88K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Desoto Central Elementary Pto tax-deductible?
Desoto Central Elementary Pto is registered as a tax-exempt nonprofit (EIN: 364320351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Desoto Central Elementary Pto located?
Desoto Central Elementary Pto is headquartered in Southaven, Mississippi and files with the IRS under EIN 364320351. It is classified under NTEE code T112.
How many years of IRS 990 filings does Desoto Central Elementary Pto have?
Desoto Central Elementary Pto has 11 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 $88K in total revenue.
Filing History
IRS 990 filing history for Desoto Central Elementary Pto showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Desoto Central Elementary Pto's revenue has declined by 64%, moving from $140K to $50K. Total assets increased by 114.8% over the same period, from $20K to $43K. Total functional expenses fell by 49.6%, from $162K to $82K. In its most recent filing year (2023), Desoto Central Elementary Pto reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $82K | $43K | $0 | — | View 990 |
| 2022 | $56K | $30K | $74K | $0 | — | View 990 |
| 2020 | $39K | $35K | $46K | $0 | — | View 990 |
| 2019 | $53K | $50K | $42K | $0 | — | View 990 |
| 2018 | $57K | $45K | $39K | $0 | — | View 990 |
| 2017 | $54K | $66K | $28K | $0 | — | View 990 |
| 2016 | $44K | $31K | $39K | $0 | — | View 990 |
| 2015 | $83K | $91K | $25K | $0 | — | View 990 |
| 2014 | $64K | $46K | $34K | $0 | — | View 990 |
| 2013 | $52K | $55K | $17K | $0 | — | View 990 |
| 2012 | $140K | $162K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $82K, and assets of $43K (revenue -10.5% year-over-year).
- 2022: Revenue of $56K, expenses of $30K, and assets of $74K (revenue +45.5% year-over-year).
- 2020: Revenue of $39K, expenses of $35K, and assets of $46K (revenue -27.3% year-over-year).
- 2019: Revenue of $53K, expenses of $50K, and assets of $42K (revenue -6.3% year-over-year).
- 2018: Revenue of $57K, expenses of $45K, and assets of $39K (revenue +4.4% year-over-year).
- 2017: Revenue of $54K, expenses of $66K, and assets of $28K (revenue +23.2% year-over-year).
- 2016: Revenue of $44K, expenses of $31K, and assets of $39K (revenue -47.1% year-over-year).
- 2015: Revenue of $83K, expenses of $91K, and assets of $25K (revenue +31.0% year-over-year).
- 2014: Revenue of $64K, expenses of $46K, and assets of $34K (revenue +22.3% year-over-year).
- 2013: Revenue of $52K, expenses of $55K, and assets of $17K (revenue -62.8% year-over-year).
- 2012: Revenue of $140K, expenses of $162K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Desoto Central Elementary Pto:
Data Sources and Methodology
This transparency report for Desoto Central Elementary Pto 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.