Greater Memphis Area Dealers Assoc
EIN: 620697846 · Memphis, TN
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $423K |
| Net Assets | $150K |
Is Greater Memphis Area Dealers Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Memphis Area Dealers Assoc
Greater Memphis Area Dealers Assoc (EIN: 620697846) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $360K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Memphis Area Dealers Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Memphis Area Dealers Assoc is a small nonprofit that has been operating for 84 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 30.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $381K |
| Total Expenses | $423K |
| Surplus / Deficit | $-42,024 |
| Total Assets | $2.9M |
| Total Liabilities | $2.8M |
| Net Assets | $150K |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 94.9% |
| Months of Reserves | 83.0 months |
Financial Health Grade: C
In 2023, Greater Memphis Area Dealers Assoc reported a deficit of $42K with expenses exceeding revenue, holds 83.0 months of operating reserves (strong position), has a debt-to-asset ratio of 94.9% (high leverage).
Financial Trends
Over 11 years of filings (2012–2023), Greater Memphis Area Dealers Assoc's revenue has grown at a compound annual growth rate (CAGR) of 30.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | -1.9% | -3.7% |
| 2022 | +1915.2% | +51.2% | -4.5% |
| 2021 | -0.1% | +19.9% | -2.8% |
| 2020 | -97.9% | -70.0% | -6.5% |
| 2019 | +33.7% | +48.9% | +331.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Memphis Area Dealers Assoc 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 Greater Memphis Area Dealers Assoc 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 $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.9%.
Frequently Asked Questions about Greater Memphis Area Dealers Assoc
Is Greater Memphis Area Dealers Assoc a legitimate charity?
Greater Memphis Area Dealers Assoc (EIN: 620697846) is a registered tax-exempt nonprofit based in Tennessee. It has 11 years of IRS 990 filings on record. Total revenue: $360K. No red flags identified. Financial health grade: C.
How does Greater Memphis Area Dealers Assoc spend its money?
Greater Memphis Area Dealers Assoc reported $360K 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 Greater Memphis Area Dealers Assoc tax-deductible?
Greater Memphis Area Dealers Assoc is registered as a tax-exempt nonprofit (EIN: 620697846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Memphis Area Dealers Assoc located?
Greater Memphis Area Dealers Assoc is headquartered in Memphis, Tennessee and files with the IRS under EIN 620697846.
How many years of IRS 990 filings does Greater Memphis Area Dealers Assoc have?
Greater Memphis Area Dealers Assoc 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 $360K in total revenue.
Filing History
IRS 990 filing history for Greater Memphis Area Dealers Assoc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Greater Memphis Area Dealers Assoc's revenue has grown by 1735.6%, moving from $21K to $381K. Total assets increased by 6391.1% over the same period, from $45K to $2.9M. Total functional expenses rose by 3305.1%, from $12K to $423K. In its most recent filing year (2023), Greater Memphis Area Dealers Assoc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $2.9M in assets (debt-to-asset ratio: 94.9%), resulting in net assets of $150K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $381K | $423K | $2.9M | $2.8M | — | — |
| 2022 | $355K | $431K | $3.0M | $2.8M | — | View 990 |
| 2021 | $18K | $285K | $3.2M | $2.9M | — | View 990 |
| 2020 | $18K | $238K | $3.3M | $2.7M | — | View 990 |
| 2019 | $848K | $792K | $3.5M | $2.7M | — | — |
| 2018 | $634K | $532K | $812K | $112K | — | View 990 |
| 2017 | $578K | $390K | $598K | $0 | — | — |
| 2016 | $480K | $120K | $420K | $10K | — | View 990 |
| 2014 | $13K | $13K | $50K | $0 | — | View 990 |
| 2013 | $14K | $14K | $49K | $0 | — | View 990 |
| 2012 | $21K | $12K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $381K, expenses of $423K, and assets of $2.9M (revenue +7.2% year-over-year).
- 2022: Revenue of $355K, expenses of $431K, and assets of $3.0M (revenue +1915.2% year-over-year).
- 2021: Revenue of $18K, expenses of $285K, and assets of $3.2M (revenue -0.1% year-over-year).
- 2020: Revenue of $18K, expenses of $238K, and assets of $3.3M (revenue -97.9% year-over-year).
- 2019: Revenue of $848K, expenses of $792K, and assets of $3.5M (revenue +33.7% year-over-year).
- 2018: Revenue of $634K, expenses of $532K, and assets of $812K (revenue +9.8% year-over-year).
- 2017: Revenue of $578K, expenses of $390K, and assets of $598K (revenue +20.4% year-over-year).
- 2016: Revenue of $480K, expenses of $120K, and assets of $420K (revenue +3485.5% year-over-year).
- 2014: Revenue of $13K, expenses of $13K, and assets of $50K (revenue -2.9% year-over-year).
- 2013: Revenue of $14K, expenses of $14K, and assets of $49K (revenue -33.5% year-over-year).
- 2012: Revenue of $21K, expenses of $12K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Memphis Area Dealers Assoc:
Data Sources and Methodology
This transparency report for Greater Memphis Area Dealers Assoc 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.