Macedonia Family Resource Center Inc
Macedonia Family Resource Center Inc shows consistent asset growth and no reported officer compensation over a decade.
EIN: 10645309 · High Point, NC · NTEE: P28 · Updated: 2026-03-28
Is Macedonia Family Resource Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Macedonia Family Resource Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Macedonia Family Resource Center Inc
Macedonia Family Resource Center Inc (EIN: 10645309) is a nonprofit organization based in High Point, NC, classified under NTEE code P28. The organization reported total revenue of $473K and total assets of $537K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Macedonia Family Resource Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Macedonia Family Resource Center Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $267K |
| Total Expenses | $226K |
| Surplus / Deficit | +$41K |
| Total Assets | $432K |
| Total Liabilities | $3K |
| Net Assets | $430K |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 23.0 months |
Financial Health Grade: A
In 2023, Macedonia Family Resource Center Inc reported a surplus of $41K with revenue exceeding expenses, holds 23.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Macedonia Family Resource Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -15.5% | +8.2% |
| 2022 | -21.4% | +12.6% | +3.3% |
| 2021 | +10.2% | +24.7% | +35.8% |
| 2020 | +44.8% | -12.7% | +112.0% |
| 2019 | +15.6% | +5.6% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Macedonia Family Resource Center Inc with a Mission Score of 85 out of 100 (Excellent). 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, Macedonia Family Resource Center Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for donor perception regarding administrative costs.
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 Macedonia Family Resource Center Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown on available data to fully assess program vs. admin spending efficiency.
Strengths
The following positive indicators were identified for Macedonia Family Resource Center Inc:
- Consistent asset growth, increasing from $110,306 in 2014 to $432,239 in 2023.
- Maintains very low liabilities, typically around $2,500, indicating strong financial stability.
- Consistently reports 0% officer compensation, suggesting efficient use of funds for mission-related activities.
- Positive revenue-to-expense ratio in most years, leading to surpluses for reinvestment.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Macedonia Family Resource Center Inc
Is Macedonia Family Resource Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Macedonia Family Resource Center Inc (EIN: 10645309) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Macedonia Family Resource Center Inc spend its money?
Macedonia Family Resource Center Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Macedonia Family Resource Center Inc tax-deductible?
Macedonia Family Resource Center Inc is registered as a tax-exempt nonprofit (EIN: 10645309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Macedonia Family Resource Center Inc a good charity?
Based on the available financial data, Macedonia Family Resource Center Inc appears to be a financially healthy and responsibly managed charity. They consistently grow assets, maintain low liabilities, and report no officer compensation, which are all positive indicators.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with assets increasing from $110,306 in 2014 to $432,239 in 2023, and revenue generally trending upwards from $150,124 in 2014 to $266,681 in 2023, indicating improved financial health and capacity.
What is the organization's approach to executive compensation?
Macedonia Family Resource Center Inc consistently reports 0% officer compensation in its IRS 990 filings, suggesting a commitment to minimizing administrative overhead at the executive level.
Filing History
IRS 990 filing history for Macedonia Family Resource Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Macedonia Family Resource Center Inc's revenue has grown by 130%, moving from $116K to $267K. Total assets increased by 183.4% over the same period, from $152K to $432K. Total functional expenses rose by 35.2%, from $167K to $226K. In its most recent filing year (2023), Macedonia Family Resource Center Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $3K in liabilities against $432K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $430K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $267K | $226K | $432K | $3K | — | — |
| 2022 | $280K | $267K | $399K | $3K | — | View 990 |
| 2021 | $356K | $237K | $387K | $3K | — | View 990 |
| 2020 | $324K | $190K | $285K | $20K | — | — |
| 2019 | $223K | $218K | $134K | $3K | — | View 990 |
| 2018 | $193K | $207K | $129K | $3K | — | View 990 |
| 2017 | $212K | $186K | $144K | $5K | — | View 990 |
| 2016 | $192K | $173K | $116K | $3K | — | View 990 |
| 2015 | $159K | $173K | $96K | $3K | — | View 990 |
| 2014 | $150K | $151K | $110K | $3K | — | View 990 |
| 2013 | $131K | $164K | $112K | $3K | — | View 990 |
| 2012 | $165K | $171K | $145K | $3K | — | View 990 |
| 2011 | $116K | $167K | $152K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $267K, expenses of $226K, and assets of $432K (revenue -4.8% year-over-year).
- 2022: Revenue of $280K, expenses of $267K, and assets of $399K (revenue -21.4% year-over-year).
- 2021: Revenue of $356K, expenses of $237K, and assets of $387K (revenue +10.2% year-over-year).
- 2020: Revenue of $324K, expenses of $190K, and assets of $285K (revenue +44.8% year-over-year).
- 2019: Revenue of $223K, expenses of $218K, and assets of $134K (revenue +15.6% year-over-year).
- 2018: Revenue of $193K, expenses of $207K, and assets of $129K (revenue -8.9% year-over-year).
- 2017: Revenue of $212K, expenses of $186K, and assets of $144K (revenue +10.2% year-over-year).
- 2016: Revenue of $192K, expenses of $173K, and assets of $116K (revenue +21.2% year-over-year).
- 2015: Revenue of $159K, expenses of $173K, and assets of $96K (revenue +5.8% year-over-year).
- 2014: Revenue of $150K, expenses of $151K, and assets of $110K (revenue +14.6% year-over-year).
- 2013: Revenue of $131K, expenses of $164K, and assets of $112K (revenue -20.4% year-over-year).
- 2012: Revenue of $165K, expenses of $171K, and assets of $145K (revenue +42.0% year-over-year).
- 2011: Revenue of $116K, expenses of $167K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Macedonia Family Resource Center Inc:
Data Sources and Methodology
This transparency report for Macedonia Family Resource Center 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.