Elizabeth Mccarty Edwards Foundation
EIN: 640869104 · Jackson, MS · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Total Expenses | $57K |
| Net Assets | $479K |
Is Elizabeth Mccarty Edwards Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elizabeth Mccarty Edwards Foundation
Elizabeth Mccarty Edwards Foundation (EIN: 640869104) is a nonprofit organization based in Jackson, MS, classified under NTEE code T22Z. The organization reported total revenue of $72K and total assets of $468K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabeth Mccarty Edwards Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elizabeth Mccarty Edwards Foundation is a micro nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $57K |
| Surplus / Deficit | $-23,713 |
| Total Assets | $479K |
| Total Liabilities | $1 |
| Net Assets | $479K |
| Operating Margin | -71.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 101.3 months |
Financial Health Grade: B
In 2023, Elizabeth Mccarty Edwards Foundation reported a deficit of $24K with expenses exceeding revenue, holds 101.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | -5.0% | -4.7% |
| 2022 | -57.7% | -16.9% | -5.4% |
| 2021 | +164.8% | -4.3% | +0.4% |
| 2020 | -26.1% | -9.3% | -8.2% |
| 2019 | -66.9% | -69.3% | -37.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elizabeth Mccarty Edwards Foundation 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 Elizabeth Mccarty Edwards Foundation 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 $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Elizabeth Mccarty Edwards Foundation
Is Elizabeth Mccarty Edwards Foundation a legitimate charity?
Elizabeth Mccarty Edwards Foundation (EIN: 640869104) is a registered tax-exempt nonprofit based in Mississippi. It has 10 years of IRS 990 filings on record. Total revenue: $72K. No red flags identified. Financial health grade: B.
How does Elizabeth Mccarty Edwards Foundation spend its money?
Elizabeth Mccarty Edwards Foundation reported $72K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elizabeth Mccarty Edwards Foundation tax-deductible?
Elizabeth Mccarty Edwards Foundation is registered as a tax-exempt nonprofit (EIN: 640869104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elizabeth Mccarty Edwards Foundation located?
Elizabeth Mccarty Edwards Foundation is headquartered in Jackson, Mississippi and files with the IRS under EIN 640869104. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Elizabeth Mccarty Edwards Foundation have?
Elizabeth Mccarty Edwards Foundation has 10 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 $72K in total revenue.
Filing History
IRS 990 filing history for Elizabeth Mccarty Edwards Foundation showing financial trends over 10 years of public records:
Total assets decreased by 65.9% over the same period, from $1.4M to $479K. Total functional expenses fell by 53.6%, from $122K to $57K. In its most recent filing year (2023), Elizabeth Mccarty Edwards Foundation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $479K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $479K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $57K | $479K | $1 | — | — |
| 2022 | $31K | $60K | $503K | $1 | — | — |
| 2021 | $74K | $72K | $531K | $1 | — | — |
| 2020 | $28K | $75K | $529K | $1 | — | — |
| 2019 | $38K | $83K | $577K | $1 | — | View 990 |
| 2015 | $114K | $270K | $926K | $1 | — | View 990 |
| 2014 | $112K | $213K | $1.1M | $84 | — | View 990 |
| 2013 | $72K | $215K | $1.2M | $1 | — | View 990 |
| 2012 | $100K | $178K | $1.3M | $1 | — | View 990 |
| 2011 | $-274,306 | $122K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $57K, and assets of $479K (revenue +5.9% year-over-year).
- 2022: Revenue of $31K, expenses of $60K, and assets of $503K (revenue -57.7% year-over-year).
- 2021: Revenue of $74K, expenses of $72K, and assets of $531K (revenue +164.8% year-over-year).
- 2020: Revenue of $28K, expenses of $75K, and assets of $529K (revenue -26.1% year-over-year).
- 2019: Revenue of $38K, expenses of $83K, and assets of $577K (revenue -66.9% year-over-year).
- 2015: Revenue of $114K, expenses of $270K, and assets of $926K (revenue +1.4% year-over-year).
- 2014: Revenue of $112K, expenses of $213K, and assets of $1.1M (revenue +55.8% year-over-year).
- 2013: Revenue of $72K, expenses of $215K, and assets of $1.2M (revenue -27.8% year-over-year).
- 2012: Revenue of $100K, expenses of $178K, and assets of $1.3M.
- 2011: Revenue of $-274,306, expenses of $122K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elizabeth Mccarty Edwards Foundation:
Data Sources and Methodology
This transparency report for Elizabeth Mccarty Edwards Foundation 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.