Greater Munsing Bay Partnership Commerce Development
EIN: 270914460 · Munising, MI · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $217K |
| Net Assets | $94K |
Is Greater Munsing Bay Partnership Commerce Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Munsing Bay Partnership Commerce Development
Greater Munsing Bay Partnership Commerce Development (EIN: 270914460) is a nonprofit organization based in Munising, MI, classified under NTEE code S41. The organization reported total revenue of $251K and total assets of $190K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Munsing Bay Partnership Commerce Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Munsing Bay Partnership Commerce Development is a small nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 22.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $220K |
| Total Expenses | $217K |
| Surplus / Deficit | +$2K |
| Total Assets | $191K |
| Total Liabilities | $97K |
| Net Assets | $94K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 50.9% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2024, Greater Munsing Bay Partnership Commerce Development reported a surplus of $2K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 50.9% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Greater Munsing Bay Partnership Commerce Development's revenue has grown at a compound annual growth rate (CAGR) of 22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -16.7% | -17.7% | -0.9% |
| 2023 | +6.5% | -0.1% | -2.3% |
| 2022 | -2.2% | +10.2% | -9.4% |
| 2021 | +10.4% | +2.3% | +0.6% |
| 2020 | -9.3% | +9.1% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Munsing Bay Partnership Commerce Development 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 Munsing Bay Partnership Commerce Development 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.9%.
Frequently Asked Questions about Greater Munsing Bay Partnership Commerce Development
Is Greater Munsing Bay Partnership Commerce Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Munsing Bay Partnership Commerce Development (EIN: 270914460) insufficient data. 0 red flags identified, 0 strengths noted.
How does Greater Munsing Bay Partnership Commerce Development spend its money?
Detailed spending breakdown data is not yet available for Greater Munsing Bay Partnership Commerce Development. Check back for updated IRS 990 analysis.
Are donations to Greater Munsing Bay Partnership Commerce Development tax-deductible?
Greater Munsing Bay Partnership Commerce Development is registered as a tax-exempt nonprofit (EIN: 270914460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Munsing Bay Partnership Commerce Development located?
Greater Munsing Bay Partnership Commerce Development is headquartered in Munising, Michigan and files with the IRS under EIN 270914460. It is classified under NTEE code S41.
How many years of IRS 990 filings does Greater Munsing Bay Partnership Commerce Development have?
Greater Munsing Bay Partnership Commerce Development 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 $251K in total revenue.
Filing History
IRS 990 filing history for Greater Munsing Bay Partnership Commerce Development showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Greater Munsing Bay Partnership Commerce Development's revenue has grown by 1059%, moving from $19K to $220K. Total assets increased by 16.5% over the same period, from $164K to $191K. Total functional expenses rose by 875.9%, from $22K to $217K. In its most recent filing year (2024), Greater Munsing Bay Partnership Commerce Development reported a surplus of $2K, with revenue exceeding expenses. The organization holds $97K in liabilities against $191K in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $94K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $220K | $217K | $191K | $97K | — | — |
| 2023 | $264K | $264K | $193K | $101K | — | View 990 |
| 2022 | $248K | $265K | $197K | $105K | — | View 990 |
| 2021 | $253K | $240K | $218K | $108K | — | — |
| 2020 | $229K | $235K | $217K | $120K | — | View 990 |
| 2019 | $253K | $215K | $217K | $115K | — | View 990 |
| 2018 | $196K | $186K | $211K | $146K | — | View 990 |
| 2017 | $199K | $183K | $205K | $149K | — | View 990 |
| 2016 | $168K | $158K | $193K | $154K | — | View 990 |
| 2015 | $154K | $147K | $186K | $158K | — | View 990 |
| 2014 | $150K | $140K | $183K | $162K | — | View 990 |
| 2013 | $152K | $136K | $175K | $164K | — | View 990 |
| 2012 | $19K | $22K | $164K | $169K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $220K, expenses of $217K, and assets of $191K (revenue -16.7% year-over-year).
- 2023: Revenue of $264K, expenses of $264K, and assets of $193K (revenue +6.5% year-over-year).
- 2022: Revenue of $248K, expenses of $265K, and assets of $197K (revenue -2.2% year-over-year).
- 2021: Revenue of $253K, expenses of $240K, and assets of $218K (revenue +10.4% year-over-year).
- 2020: Revenue of $229K, expenses of $235K, and assets of $217K (revenue -9.3% year-over-year).
- 2019: Revenue of $253K, expenses of $215K, and assets of $217K (revenue +29.1% year-over-year).
- 2018: Revenue of $196K, expenses of $186K, and assets of $211K (revenue -1.9% year-over-year).
- 2017: Revenue of $199K, expenses of $183K, and assets of $205K (revenue +18.3% year-over-year).
- 2016: Revenue of $168K, expenses of $158K, and assets of $193K (revenue +9.6% year-over-year).
- 2015: Revenue of $154K, expenses of $147K, and assets of $186K (revenue +2.4% year-over-year).
- 2014: Revenue of $150K, expenses of $140K, and assets of $183K (revenue -1.1% year-over-year).
- 2013: Revenue of $152K, expenses of $136K, and assets of $175K (revenue +701.1% year-over-year).
- 2012: Revenue of $19K, expenses of $22K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Munsing Bay Partnership Commerce Development:
Data Sources and Methodology
This transparency report for Greater Munsing Bay Partnership Commerce Development 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.