Logan Guyandotte Improvement Committee Inc
EIN: 550738213 · Logan, WV · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $37K |
| Net Assets | $597K |
Is Logan Guyandotte Improvement Committee Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Logan Guyandotte Improvement Committee Inc
Logan Guyandotte Improvement Committee Inc (EIN: 550738213) is a nonprofit organization based in Logan, WV, classified under NTEE code B82Z. The organization reported total revenue of $76K and total assets of $615K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logan Guyandotte Improvement Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Logan Guyandotte Improvement Committee Inc is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $37K |
| Surplus / Deficit | +$18K |
| Total Assets | $597K |
| Total Liabilities | $375 |
| Net Assets | $597K |
| Operating Margin | 32.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 196.2 months |
Financial Health Grade: A
In 2023, Logan Guyandotte Improvement Committee Inc reported a surplus of $18K with revenue exceeding expenses, holds 196.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Logan Guyandotte Improvement Committee Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | +3.3% | +3.0% |
| 2022 | -24.5% | -18.1% | +4.8% |
| 2021 | +30.6% | -25.7% | +7.6% |
| 2020 | -15.2% | -15.4% | +0.9% |
| 2019 | +41.8% | -0.3% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Logan Guyandotte Improvement Committee Inc 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 Logan Guyandotte Improvement Committee Inc 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Logan Guyandotte Improvement Committee Inc
Is Logan Guyandotte Improvement Committee Inc a legitimate charity?
Logan Guyandotte Improvement Committee Inc (EIN: 550738213) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $76K. No red flags identified. Financial health grade: A.
How does Logan Guyandotte Improvement Committee Inc spend its money?
Logan Guyandotte Improvement Committee Inc reported $76K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Logan Guyandotte Improvement Committee Inc tax-deductible?
Logan Guyandotte Improvement Committee Inc is registered as a tax-exempt nonprofit (EIN: 550738213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Logan Guyandotte Improvement Committee Inc located?
Logan Guyandotte Improvement Committee Inc is headquartered in Logan, West Virginia and files with the IRS under EIN 550738213. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Logan Guyandotte Improvement Committee Inc have?
Logan Guyandotte Improvement Committee Inc 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 $76K in total revenue.
Filing History
IRS 990 filing history for Logan Guyandotte Improvement Committee Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Logan Guyandotte Improvement Committee Inc's revenue has declined by 34.5%, moving from $83K to $54K. Total assets increased by 59.5% over the same period, from $374K to $597K. Total functional expenses fell by 21.6%, from $47K to $37K. In its most recent filing year (2023), Logan Guyandotte Improvement Committee Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $375 in liabilities against $597K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $597K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $54K | $37K | $597K | $375 | — | — |
| 2022 | $62K | $35K | $579K | $375 | — | — |
| 2021 | $82K | $43K | $553K | $374 | — | — |
| 2020 | $63K | $58K | $514K | $173 | — | — |
| 2019 | $74K | $69K | $509K | $173 | — | View 990 |
| 2018 | $52K | $69K | $504K | $173 | — | View 990 |
| 2017 | $62K | $58K | $521K | $535 | — | View 990 |
| 2016 | $65K | $57K | $516K | $439 | — | View 990 |
| 2015 | $71K | $56K | $509K | $345 | — | View 990 |
| 2014 | $101K | $47K | $493K | $414 | — | View 990 |
| 2013 | $105K | $68K | $440K | $384 | — | View 990 |
| 2012 | $76K | $47K | $404K | $535 | — | View 990 |
| 2011 | $83K | $47K | $374K | $432 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $54K, expenses of $37K, and assets of $597K (revenue -12.4% year-over-year).
- 2022: Revenue of $62K, expenses of $35K, and assets of $579K (revenue -24.5% year-over-year).
- 2021: Revenue of $82K, expenses of $43K, and assets of $553K (revenue +30.6% year-over-year).
- 2020: Revenue of $63K, expenses of $58K, and assets of $514K (revenue -15.2% year-over-year).
- 2019: Revenue of $74K, expenses of $69K, and assets of $509K (revenue +41.8% year-over-year).
- 2018: Revenue of $52K, expenses of $69K, and assets of $504K (revenue -16.2% year-over-year).
- 2017: Revenue of $62K, expenses of $58K, and assets of $521K (revenue -3.8% year-over-year).
- 2016: Revenue of $65K, expenses of $57K, and assets of $516K (revenue -8.7% year-over-year).
- 2015: Revenue of $71K, expenses of $56K, and assets of $509K (revenue -29.5% year-over-year).
- 2014: Revenue of $101K, expenses of $47K, and assets of $493K (revenue -4.3% year-over-year).
- 2013: Revenue of $105K, expenses of $68K, and assets of $440K (revenue +37.6% year-over-year).
- 2012: Revenue of $76K, expenses of $47K, and assets of $404K (revenue -7.6% year-over-year).
- 2011: Revenue of $83K, expenses of $47K, and assets of $374K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Logan Guyandotte Improvement Committee Inc:
Data Sources and Methodology
This transparency report for Logan Guyandotte Improvement Committee Inc 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.