Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank
EIN: 640580239 · Jackson, MS
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $52K |
| Net Assets | $1.3M |
Is Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank
Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank (EIN: 640580239) is a nonprofit organization based in Jackson, MS. The organization reported total revenue of $209K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2012–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $52K |
| Surplus / Deficit | $-7,889 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -17.7% |
| Months of Reserves | 301.8 months |
Financial Health Grade: B
In 2024, Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank reported a deficit of $8K with expenses exceeding revenue, holds 301.8 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -87.4% | -7.9% | -0.6% |
| 2023 | +464.0% | +11.6% | +28.8% |
| 2022 | +39.3% | -0.1% | +1.1% |
| 2021 | -44.4% | +6.5% | -0.6% |
| 2020 | +82.1% | +6.5% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank 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 Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank 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 deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank
Is Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank a legitimate charity?
Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank (EIN: 640580239) is a registered tax-exempt nonprofit based in Mississippi. It has 13 years of IRS 990 filings on record. Total revenue: $209K. No red flags identified. Financial health grade: B.
How does Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank spend its money?
Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank reported $209K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank tax-deductible?
Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank is registered as a tax-exempt nonprofit (EIN: 640580239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank located?
Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank is headquartered in Jackson, Mississippi and files with the IRS under EIN 640580239.
How many years of IRS 990 filings does Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank have?
Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank 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 $209K in total revenue.
Filing History
IRS 990 filing history for Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank showing financial trends over 13 years of public records:
Total assets increased by 39.6% over the same period, from $943K to $1.3M. Total functional expenses rose by 842.2%, from $6K to $52K. In its most recent filing year (2024), Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $44K | $52K | $1.3M | $0 | — | — |
| 2023 | $353K | $57K | $1.3M | $0 | — | View 990 |
| 2022 | $63K | $51K | $1.0M | $0 | — | View 990 |
| 2021 | $45K | $51K | $1.0M | $0 | — | — |
| 2020 | $81K | $48K | $1.0M | $0 | — | View 990 |
| 2019 | $44K | $45K | $990K | $0 | — | View 990 |
| 2018 | $44K | $46K | $991K | $0 | — | View 990 |
| 2017 | $61K | $39K | $993K | $0 | — | View 990 |
| 2016 | $41K | $13K | $971K | $0 | — | View 990 |
| 2015 | $56K | $11K | $1.0M | $0 | — | View 990 |
| 2014 | $32K | $7K | $969K | $0 | — | View 990 |
| 2013 | $30K | $6K | $944K | $0 | — | View 990 |
| 2012 | $-2,441 | $6K | $943K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $44K, expenses of $52K, and assets of $1.3M (revenue -87.4% year-over-year).
- 2023: Revenue of $353K, expenses of $57K, and assets of $1.3M (revenue +464.0% year-over-year).
- 2022: Revenue of $63K, expenses of $51K, and assets of $1.0M (revenue +39.3% year-over-year).
- 2021: Revenue of $45K, expenses of $51K, and assets of $1.0M (revenue -44.4% year-over-year).
- 2020: Revenue of $81K, expenses of $48K, and assets of $1.0M (revenue +82.1% year-over-year).
- 2019: Revenue of $44K, expenses of $45K, and assets of $990K (revenue +0.8% year-over-year).
- 2018: Revenue of $44K, expenses of $46K, and assets of $991K (revenue -27.6% year-over-year).
- 2017: Revenue of $61K, expenses of $39K, and assets of $993K (revenue +47.2% year-over-year).
- 2016: Revenue of $41K, expenses of $13K, and assets of $971K (revenue -26.1% year-over-year).
- 2015: Revenue of $56K, expenses of $11K, and assets of $1.0M (revenue +74.3% year-over-year).
- 2014: Revenue of $32K, expenses of $7K, and assets of $969K (revenue +7.5% year-over-year).
- 2013: Revenue of $30K, expenses of $6K, and assets of $944K.
- 2012: Revenue of $-2,441, expenses of $6K, and assets of $943K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank:
Data Sources and Methodology
This transparency report for Hernando Memorial Cemetery Assn Perpetual Care Fund Hernando Bank 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.