Mackinaw Area Tourist Bureau Inc
EIN: 382377852 · Mackinaw City, MI
| Metric | Value |
|---|---|
| Total Revenue | $915K |
| Total Expenses | $957K |
| Net Assets | $1.1M |
Is Mackinaw Area Tourist Bureau Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mackinaw Area Tourist Bureau Inc
Mackinaw Area Tourist Bureau Inc (EIN: 382377852) is a nonprofit organization based in Mackinaw City, MI. The organization reported total revenue of $915K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mackinaw Area Tourist Bureau Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mackinaw Area Tourist Bureau Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $943K |
| Total Expenses | $957K |
| Surplus / Deficit | $-13,947 |
| Total Assets | $1.1M |
| Total Liabilities | $2K |
| Net Assets | $1.1M |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2023, Mackinaw Area Tourist Bureau Inc reported a deficit of $14K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mackinaw Area Tourist Bureau Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | -15.2% | -1.3% |
| 2022 | -14.3% | +31.9% | -12.5% |
| 2021 | +60.3% | +66.4% | +29.0% |
| 2020 | -22.5% | -46.5% | +24.8% |
| 2019 | +8.3% | +9.7% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mackinaw Area Tourist Bureau 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 Mackinaw Area Tourist Bureau 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 deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Mackinaw Area Tourist Bureau Inc
Is Mackinaw Area Tourist Bureau Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mackinaw Area Tourist Bureau Inc (EIN: 382377852) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mackinaw Area Tourist Bureau Inc spend its money?
Detailed spending breakdown data is not yet available for Mackinaw Area Tourist Bureau Inc. Check back for updated IRS 990 analysis.
Are donations to Mackinaw Area Tourist Bureau Inc tax-deductible?
Mackinaw Area Tourist Bureau Inc is registered as a tax-exempt nonprofit (EIN: 382377852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mackinaw Area Tourist Bureau Inc located?
Mackinaw Area Tourist Bureau Inc is headquartered in Mackinaw City, Michigan and files with the IRS under EIN 382377852.
How many years of IRS 990 filings does Mackinaw Area Tourist Bureau Inc have?
Mackinaw Area Tourist Bureau 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 $915K in total revenue.
Filing History
IRS 990 filing history for Mackinaw Area Tourist Bureau Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mackinaw Area Tourist Bureau Inc's revenue has grown by 50.1%, moving from $628K to $943K. Total assets increased by 102.3% over the same period, from $532K to $1.1M. Total functional expenses rose by 40.9%, from $679K to $957K. In its most recent filing year (2023), Mackinaw Area Tourist Bureau Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $2K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $943K | $957K | $1.1M | $2K | — | View 990 |
| 2022 | $972K | $1.1M | $1.1M | $2K | — | View 990 |
| 2021 | $1.1M | $855K | $1.2M | $3K | — | — |
| 2020 | $707K | $513K | $966K | $1K | — | — |
| 2019 | $913K | $959K | $774K | $3K | — | View 990 |
| 2018 | $843K | $874K | $819K | $2K | — | View 990 |
| 2017 | $897K | $888K | $850K | $2K | — | View 990 |
| 2016 | $884K | $781K | $841K | $1K | — | View 990 |
| 2015 | $829K | $713K | $738K | $1K | — | View 990 |
| 2014 | $763K | $732K | $622K | $946 | — | View 990 |
| 2013 | $730K | $655K | $591K | $1K | — | View 990 |
| 2012 | $695K | $711K | $515K | $798 | — | View 990 |
| 2011 | $628K | $679K | $532K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $943K, expenses of $957K, and assets of $1.1M (revenue -3.0% year-over-year).
- 2022: Revenue of $972K, expenses of $1.1M, and assets of $1.1M (revenue -14.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $855K, and assets of $1.2M (revenue +60.3% year-over-year).
- 2020: Revenue of $707K, expenses of $513K, and assets of $966K (revenue -22.5% year-over-year).
- 2019: Revenue of $913K, expenses of $959K, and assets of $774K (revenue +8.3% year-over-year).
- 2018: Revenue of $843K, expenses of $874K, and assets of $819K (revenue -6.0% year-over-year).
- 2017: Revenue of $897K, expenses of $888K, and assets of $850K (revenue +1.4% year-over-year).
- 2016: Revenue of $884K, expenses of $781K, and assets of $841K (revenue +6.7% year-over-year).
- 2015: Revenue of $829K, expenses of $713K, and assets of $738K (revenue +8.6% year-over-year).
- 2014: Revenue of $763K, expenses of $732K, and assets of $622K (revenue +4.5% year-over-year).
- 2013: Revenue of $730K, expenses of $655K, and assets of $591K (revenue +5.1% year-over-year).
- 2012: Revenue of $695K, expenses of $711K, and assets of $515K (revenue +10.7% year-over-year).
- 2011: Revenue of $628K, expenses of $679K, and assets of $532K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mackinaw Area Tourist Bureau Inc:
Data Sources and Methodology
This transparency report for Mackinaw Area Tourist Bureau 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.