Insurance Coalition Of Mississippi
EIN: 472251557 · Jackson, MS · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $97K |
| Total Expenses | $76K |
| Net Assets | $96K |
Is Insurance Coalition Of Mississippi Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Insurance Coalition Of Mississippi
Insurance Coalition Of Mississippi (EIN: 472251557) is a nonprofit organization based in Jackson, MS, classified under NTEE code S40. The organization reported total revenue of $97K and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Insurance Coalition Of Mississippi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Insurance Coalition Of Mississippi is a micro nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $76K |
| Surplus / Deficit | +$12K |
| Total Assets | $96K |
| Net Assets | $96K |
| Operating Margin | 14.1% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Insurance Coalition Of Mississippi reported a surplus of $12K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2014–2023), Insurance Coalition Of Mississippi's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +0.0% | +14.9% |
| 2022 | +8.5% | +10.5% | +17.5% |
| 2021 | +0.0% | +2.7% | +21.8% |
| 2020 | +0.0% | +0.4% | +33.1% |
| 2019 | +12.3% | +10.7% | +50.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Insurance Coalition Of Mississippi 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 Insurance Coalition Of Mississippi 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 surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about Insurance Coalition Of Mississippi
Is Insurance Coalition Of Mississippi a legitimate charity?
Based on AI analysis of IRS 990 filings, Insurance Coalition Of Mississippi (EIN: 472251557) insufficient data. 0 red flags identified, 0 strengths noted.
How does Insurance Coalition Of Mississippi spend its money?
Detailed spending breakdown data is not yet available for Insurance Coalition Of Mississippi. Check back for updated IRS 990 analysis.
Are donations to Insurance Coalition Of Mississippi tax-deductible?
Insurance Coalition Of Mississippi is registered as a tax-exempt nonprofit (EIN: 472251557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Insurance Coalition Of Mississippi located?
Insurance Coalition Of Mississippi is headquartered in Jackson, Mississippi and files with the IRS under EIN 472251557. It is classified under NTEE code S40.
How many years of IRS 990 filings does Insurance Coalition Of Mississippi have?
Insurance Coalition Of Mississippi 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 $97K in total revenue.
Filing History
IRS 990 filing history for Insurance Coalition Of Mississippi showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2023), Insurance Coalition Of Mississippi's revenue has grown by 23.3%, moving from $72K to $88K. Total assets increased by 129.4% over the same period, from $42K to $96K. Total functional expenses rose by 156%, from $30K to $76K. In its most recent filing year (2023), Insurance Coalition Of Mississippi reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $76K | $96K | $0 | — | — |
| 2022 | $88K | $76K | $84K | $0 | — | View 990 |
| 2021 | $81K | $69K | $71K | $0 | — | View 990 |
| 2020 | $81K | $67K | $59K | $0 | — | — |
| 2019 | $81K | $67K | $44K | $0 | — | View 990 |
| 2018 | $73K | $60K | $29K | $0 | — | View 990 |
| 2017 | $55K | $60K | $17K | $0 | — | — |
| 2016 | $55K | $59K | $22K | $0 | — | View 990 |
| 2015 | $9K | $24K | $26K | $0 | — | View 990 |
| 2015 | $72K | $30K | $42K | $0 | — | — |
| 2014 | $72K | $30K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $76K, and assets of $96K (revenue +0.0% year-over-year).
- 2022: Revenue of $88K, expenses of $76K, and assets of $84K (revenue +8.5% year-over-year).
- 2021: Revenue of $81K, expenses of $69K, and assets of $71K (revenue +0.0% year-over-year).
- 2020: Revenue of $81K, expenses of $67K, and assets of $59K (revenue +0.0% year-over-year).
- 2019: Revenue of $81K, expenses of $67K, and assets of $44K (revenue +12.3% year-over-year).
- 2018: Revenue of $73K, expenses of $60K, and assets of $29K (revenue +31.8% year-over-year).
- 2017: Revenue of $55K, expenses of $60K, and assets of $17K (revenue +0.9% year-over-year).
- 2016: Revenue of $55K, expenses of $59K, and assets of $22K (revenue +541.2% year-over-year).
- 2015: Revenue of $9K, expenses of $24K, and assets of $26K (revenue -88.1% year-over-year).
- 2015: Revenue of $72K, expenses of $30K, and assets of $42K (revenue +0.0% year-over-year).
- 2014: Revenue of $72K, expenses of $30K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Insurance Coalition Of Mississippi:
Data Sources and Methodology
This transparency report for Insurance Coalition Of Mississippi 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.