Friends Of Central Mississippiresidential Center Inc
Friends Of Central Mississippiresidential Center Inc experiences significant revenue decline and operates on a very small scale.
EIN: 205726479 · Newton, MS · NTEE: F11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $181 |
| Total Expenses | $3K |
| Program Spending | 80% |
| Net Assets | $11K |
| Transparency Score | 65/100 |
Is Friends Of Central Mississippiresidential Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Central Mississippiresidential Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Central Mississippiresidential Center Inc
Friends Of Central Mississippiresidential Center Inc (EIN: 205726479) is a nonprofit organization based in Newton, MS, classified under NTEE code F11. The organization reported total revenue of $181 and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Central Mississippiresidential Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Central Mississippiresidential Center Inc is a micro nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $3K |
| Surplus / Deficit | +$4K |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 51.4% |
| Months of Reserves | 37.3 months |
Financial Health Grade: A
In 2020, Friends Of Central Mississippiresidential Center Inc reported a surplus of $4K with revenue exceeding expenses, holds 37.3 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2012–2020), Friends Of Central Mississippiresidential Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +26.1% | -34.4% | +85.1% |
| 2019 | -27.3% | -13.1% | +6.7% |
| 2018 | -22.0% | -64.7% | +44.5% |
| 2017 | -31.1% | +21.5% | -65.8% |
| 2016 | +141.9% | -9.4% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of Central Mississippiresidential Center Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friends Of Central Mississippiresidential Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based and does not draw a salary, which is highly efficient for an organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Friends Of Central Mississippiresidential Center Inc's IRS 990 filings:
- Significant and consistent decline in revenue over recent years, culminating in only $181 in the latest period.
- Shrinking asset base from $25,478 in 2013 to $4,564 currently, indicating potential sustainability challenges.
Strengths
The following positive indicators were identified for Friends Of Central Mississippiresidential Center Inc:
- Consistent reporting of zero liabilities across all filings, demonstrating sound financial management regarding debt.
- No officer compensation reported, suggesting a volunteer-driven model and efficient use of funds for administrative salaries.
Frequently Asked Questions about Friends Of Central Mississippiresidential Center Inc
Is Friends Of Central Mississippiresidential Center Inc a legitimate charity?
Friends Of Central Mississippiresidential Center Inc (EIN: 205726479) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $181. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Friends Of Central Mississippiresidential Center Inc spend its money?
Friends Of Central Mississippiresidential Center Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Central Mississippiresidential Center Inc tax-deductible?
Friends Of Central Mississippiresidential Center Inc is registered as a tax-exempt nonprofit (EIN: 205726479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Central Mississippiresidential Center Inc's spending goes to programs?
Friends Of Central Mississippiresidential Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Central Mississippiresidential Center Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Friends Of Central Mississippiresidential Center Inc is above average for NTEE category F11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Central Mississippiresidential Center Inc located?
Friends Of Central Mississippiresidential Center Inc is headquartered in Newton, Mississippi and files with the IRS under EIN 205726479. It is classified under NTEE code F11.
How many years of IRS 990 filings does Friends Of Central Mississippiresidential Center Inc have?
Friends Of Central Mississippiresidential Center Inc has 9 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 $181 in total revenue.
Is Friends Of Central Mississippiresidential Center Inc a good charity?
The organization demonstrates fiscal responsibility by having zero liabilities and no officer compensation. However, its extremely small and declining revenue base ($181 latest) limits its potential impact, making it difficult to assess its effectiveness as a 'good charity' in terms of scale.
What caused the significant drop in revenue to $181?
The provided data does not specify the cause of the drastic revenue decline from previous years (e.g., $7,043 in 2020) to the latest $181. This would require reviewing the full 990 form for the latest period.
How does the organization fund its operations with such low revenue?
With only $181 in latest revenue and $4,564 in assets, the organization's operational capacity is extremely limited. It likely relies heavily on volunteer efforts and minimal expenses, potentially drawing down on existing assets if expenses exceed current revenue.
Filing History
IRS 990 filing history for Friends Of Central Mississippiresidential Center Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Friends Of Central Mississippiresidential Center Inc's revenue has declined by 40.5%, moving from $12K to $7K. Total assets decreased by 39.2% over the same period, from $18K to $11K. Total functional expenses fell by 67.3%, from $10K to $3K. In its most recent filing year (2020), Friends Of Central Mississippiresidential Center Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $7K | $3K | $11K | $0 | — | View 990 |
| 2019 | $6K | $5K | $6K | $0 | — | View 990 |
| 2018 | $8K | $6K | $5K | $0 | — | View 990 |
| 2017 | $10K | $17K | $4K | $0 | — | View 990 |
| 2016 | $14K | $14K | $11K | $0 | — | View 990 |
| 2015 | $6K | $15K | $11K | $0 | — | View 990 |
| 2014 | $12K | $18K | $20K | $0 | — | View 990 |
| 2013 | $17K | $9K | $25K | $0 | — | View 990 |
| 2012 | $12K | $10K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $7K, expenses of $3K, and assets of $11K (revenue +26.1% year-over-year).
- 2019: Revenue of $6K, expenses of $5K, and assets of $6K (revenue -27.3% year-over-year).
- 2018: Revenue of $8K, expenses of $6K, and assets of $5K (revenue -22.0% year-over-year).
- 2017: Revenue of $10K, expenses of $17K, and assets of $4K (revenue -31.1% year-over-year).
- 2016: Revenue of $14K, expenses of $14K, and assets of $11K (revenue +141.9% year-over-year).
- 2015: Revenue of $6K, expenses of $15K, and assets of $11K (revenue -51.6% year-over-year).
- 2014: Revenue of $12K, expenses of $18K, and assets of $20K (revenue -26.2% year-over-year).
- 2013: Revenue of $17K, expenses of $9K, and assets of $25K (revenue +39.7% year-over-year).
- 2012: Revenue of $12K, expenses of $10K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Central Mississippiresidential Center Inc:
Data Sources and Methodology
This transparency report for Friends Of Central Mississippiresidential Center 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.