Federation Towers Clarksdale
EIN: 640647992 · Jackson, MS
| Metric | Value |
|---|---|
| Total Revenue | $675K |
| Total Expenses | $610K |
| Net Assets | $-581,999 |
Is Federation Towers Clarksdale Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Federation Towers Clarksdale
Federation Towers Clarksdale (EIN: 640647992) is a nonprofit organization based in Jackson, MS. The organization reported total revenue of $675K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Federation Towers Clarksdale's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Federation Towers Clarksdale is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $656K |
| Total Expenses | $610K |
| Surplus / Deficit | +$46K |
| Total Assets | $1.1M |
| Total Liabilities | $1.7M |
| Net Assets | $-581,999 |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 150.7% |
| Months of Reserves | 22.6 months |
Financial Health Grade: A
In 2023, Federation Towers Clarksdale reported a surplus of $46K with revenue exceeding expenses, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 150.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Federation Towers Clarksdale's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | -7.0% | -1.7% |
| 2022 | +1.6% | +11.1% | -7.9% |
| 2021 | +2.0% | -0.2% | +6.1% |
| 2020 | +3.0% | +5.1% | -4.4% |
| 2019 | +1.5% | -7.0% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Federation Towers Clarksdale 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 Federation Towers Clarksdale 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 surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 150.7%.
Frequently Asked Questions about Federation Towers Clarksdale
Is Federation Towers Clarksdale a legitimate charity?
Federation Towers Clarksdale (EIN: 640647992) is a registered tax-exempt nonprofit based in Mississippi. It has 13 years of IRS 990 filings on record. Total revenue: $675K. No red flags identified. Financial health grade: A.
How does Federation Towers Clarksdale spend its money?
Federation Towers Clarksdale reported $675K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Federation Towers Clarksdale tax-deductible?
Federation Towers Clarksdale is registered as a tax-exempt nonprofit (EIN: 640647992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Federation Towers Clarksdale located?
Federation Towers Clarksdale is headquartered in Jackson, Mississippi and files with the IRS under EIN 640647992.
How many years of IRS 990 filings does Federation Towers Clarksdale have?
Federation Towers Clarksdale has 13 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 $675K in total revenue.
Filing History
IRS 990 filing history for Federation Towers Clarksdale showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Federation Towers Clarksdale's revenue has grown by 26.5%, moving from $518K to $656K. Total assets decreased by 26.5% over the same period, from $1.6M to $1.1M. Total functional expenses rose by 18.7%, from $514K to $610K. In its most recent filing year (2023), Federation Towers Clarksdale reported a surplus of $46K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $1.1M in assets (debt-to-asset ratio: 150.7%), resulting in net assets of $-581,999.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $656K | $610K | $1.1M | $1.7M | — | — |
| 2022 | $647K | $656K | $1.2M | $1.8M | — | — |
| 2021 | $637K | $591K | $1.3M | $1.9M | — | View 990 |
| 2020 | $624K | $592K | $1.2M | $1.9M | — | — |
| 2019 | $606K | $563K | $1.3M | $1.9M | — | View 990 |
| 2018 | $597K | $606K | $1.3M | $2.0M | — | View 990 |
| 2017 | $589K | $577K | $1.4M | $2.1M | — | View 990 |
| 2016 | $583K | $543K | $1.3M | $2.1M | — | View 990 |
| 2015 | $572K | $562K | $1.3M | $2.1M | — | View 990 |
| 2014 | $571K | $581K | $1.4M | $2.2M | — | View 990 |
| 2013 | $505K | $586K | $1.4M | $2.2M | — | View 990 |
| 2012 | $481K | $547K | $1.5M | $2.2M | — | View 990 |
| 2011 | $518K | $514K | $1.6M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $656K, expenses of $610K, and assets of $1.1M (revenue +1.3% year-over-year).
- 2022: Revenue of $647K, expenses of $656K, and assets of $1.2M (revenue +1.6% year-over-year).
- 2021: Revenue of $637K, expenses of $591K, and assets of $1.3M (revenue +2.0% year-over-year).
- 2020: Revenue of $624K, expenses of $592K, and assets of $1.2M (revenue +3.0% year-over-year).
- 2019: Revenue of $606K, expenses of $563K, and assets of $1.3M (revenue +1.5% year-over-year).
- 2018: Revenue of $597K, expenses of $606K, and assets of $1.3M (revenue +1.4% year-over-year).
- 2017: Revenue of $589K, expenses of $577K, and assets of $1.4M (revenue +1.0% year-over-year).
- 2016: Revenue of $583K, expenses of $543K, and assets of $1.3M (revenue +2.0% year-over-year).
- 2015: Revenue of $572K, expenses of $562K, and assets of $1.3M (revenue +0.1% year-over-year).
- 2014: Revenue of $571K, expenses of $581K, and assets of $1.4M (revenue +13.0% year-over-year).
- 2013: Revenue of $505K, expenses of $586K, and assets of $1.4M (revenue +5.1% year-over-year).
- 2012: Revenue of $481K, expenses of $547K, and assets of $1.5M (revenue -7.3% year-over-year).
- 2011: Revenue of $518K, expenses of $514K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Federation Towers Clarksdale:
Data Sources and Methodology
This transparency report for Federation Towers Clarksdale 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.