Hancock County Communitydevelopment Foundation

Hancock County Community Development Foundation shows fluctuating financial health with declining assets and no executive compensation.

EIN: 204809220 · Bay St Louis, MS · Updated: 2026-03-28

$197KRevenue

$332KAssets

75/100Mission Score (Good)

Is Hancock County Communitydevelopment Foundation Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hancock County Communitydevelopment Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hancock County Communitydevelopment Foundation

Hancock County Communitydevelopment Foundation (EIN: 204809220) is a nonprofit organization based in Bay St Louis, MS. The organization reported total revenue of $197K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hancock County Communitydevelopment Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Hancock County Community Development Foundation demonstrates a fluctuating financial performance over the past decade. While the organization has experienced periods of revenue exceeding expenses, such as in 2022 ($322,577 revenue vs. $275,263 expenses) and 2019 ($404,822 revenue vs. $197,471 expenses), it has also frequently operated with expenses exceeding revenue, notably in 2023 ($443,014 revenue vs. $537,368 expenses) and 2020 ($224,953 revenue vs. $339,081 expenses). This pattern suggests an inconsistent financial strategy or reliance on variable funding sources. The organization's assets have generally declined from a peak of $2,613,428 in 2014 to $570,263 in 2023, while liabilities have also decreased but remain significant relative to assets, indicating a reduction in overall financial scale and potentially a need for more robust asset building or liability management. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hancock County Communitydevelopment Foundation with a Mission Score of 75 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, Hancock County Communitydevelopment Foundation 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its 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 Hancock County Communitydevelopment Foundation's IRS 990 filings:

Frequent periods where expenses exceed revenue, such as in 2023 ($537,368 expenses vs. $443,014 revenue) and 2020 ($339,081 expenses vs. $224,953 revenue).
Significant decline in total assets from $2,613,428 in 2014 to $570,263 in 2023, indicating a shrinking financial base.

Strengths

The following positive indicators were identified for Hancock County Communitydevelopment Foundation:

Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to mission-focused spending.
Periods of strong financial performance where revenue significantly exceeded expenses, such as in 2019 ($404,822 revenue vs. $197,471 expenses).
Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Hancock County Communitydevelopment Foundation

Is Hancock County Communitydevelopment Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Hancock County Communitydevelopment Foundation (EIN: 204809220) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

How does Hancock County Communitydevelopment Foundation spend its money?

Hancock County Communitydevelopment Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Hancock County Communitydevelopment Foundation tax-deductible?

Hancock County Communitydevelopment Foundation is registered as a tax-exempt nonprofit (EIN: 204809220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Hancock County Community Development Foundation a good charity?

Based on the available data, the foundation exhibits strong transparency regarding executive compensation (0%) and has periods of efficient spending. However, its fluctuating financial performance and declining asset base suggest some instability, which potential donors should consider.

Why are assets declining over time?

The organization's assets have decreased significantly from $2,613,428 in 2014 to $570,263 in 2023. This could be due to various factors such as asset sales, significant program expenditures not covered by current revenue, or a shift in financial strategy. Further investigation into the nature of these assets and the reasons for their reduction would be beneficial.

What is the organization's primary source of revenue?

The provided data only shows total revenue figures. To understand the primary source of revenue (e.g., grants, donations, program service fees), one would need to examine the detailed revenue breakdown in the IRS 990 filings.

Filing History

IRS 990 filing history for Hancock County Communitydevelopment Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hancock County Communitydevelopment Foundation's revenue has declined by 72.7%, moving from $1.6M to $443K. Total assets decreased by 9.9% over the same period, from $633K to $570K. Total functional expenses fell by 57.8%, from $1.3M to $537K. In its most recent filing year (2023), Hancock County Communitydevelopment Foundation reported a deficit of $94K, with expenses exceeding revenue. The organization holds $250K in liabilities against $570K in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $320K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$443K	$537K	$570K	$250K	—	—
2022	$323K	$275K	$663K	$248K	—	View 990
2021	$210K	$206K	$873K	$506K	—	View 990
2020	$225K	$339K	$922K	$558K	—	View 990
2019	$405K	$197K	$888K	$410K	—	View 990
2018	$142K	$330K	$831K	$561K	—	View 990
2017	$199K	$265K	$1.1M	$663K	—	—
2016	$341K	$421K	$1.3M	$741K	—	View 990
2015	$388K	$445K	$2.0M	$1.6M	—	View 990
2014	$621K	$602K	$2.6M	$2.1M	—	View 990
2013	$1.2M	$1.3M	$2.7M	$2.2M	—	View 990
2012	$480K	$519K	$2.3M	$1.7M	—	View 990
2011	$1.6M	$1.3M	$633K	$51K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $443K, expenses of $537K, and assets of $570K (revenue +37.3% year-over-year).
2022: Revenue of $323K, expenses of $275K, and assets of $663K (revenue +53.8% year-over-year).
2021: Revenue of $210K, expenses of $206K, and assets of $873K (revenue -6.8% year-over-year).
2020: Revenue of $225K, expenses of $339K, and assets of $922K (revenue -44.4% year-over-year).
2019: Revenue of $405K, expenses of $197K, and assets of $888K (revenue +184.8% year-over-year).
2018: Revenue of $142K, expenses of $330K, and assets of $831K (revenue -28.5% year-over-year).
2017: Revenue of $199K, expenses of $265K, and assets of $1.1M (revenue -41.6% year-over-year).
2016: Revenue of $341K, expenses of $421K, and assets of $1.3M (revenue -12.2% year-over-year).
2015: Revenue of $388K, expenses of $445K, and assets of $2.0M (revenue -37.5% year-over-year).
2014: Revenue of $621K, expenses of $602K, and assets of $2.6M (revenue -49.6% year-over-year).
2013: Revenue of $1.2M, expenses of $1.3M, and assets of $2.7M (revenue +156.5% year-over-year).
2012: Revenue of $480K, expenses of $519K, and assets of $2.3M (revenue -70.4% year-over-year).
2011: Revenue of $1.6M, expenses of $1.3M, and assets of $633K.

Data Sources and Methodology

This transparency report for Hancock County Communitydevelopment 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.