Macon Economic Opportunity Inc
EIN: 720629286 · Oak Grove, LA
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $81K |
| Net Assets | $350 |
Is Macon Economic Opportunity Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Macon Economic Opportunity Inc
Macon Economic Opportunity Inc (EIN: 720629286) is a nonprofit organization based in Oak Grove, LA. The organization reported total revenue of $75K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Macon Economic Opportunity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Macon Economic Opportunity Inc is a micro nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $81K |
| Surplus / Deficit | $-296 |
| Total Assets | $350 |
| Net Assets | $350 |
| Operating Margin | -0.4% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Macon Economic Opportunity Inc reported a deficit of $296 with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Macon Economic Opportunity Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.0% | -43.0% | -45.8% |
| 2022 | +26.4% | +24.8% | -82.6% |
| 2021 | +33.1% | +51.6% | -51.3% |
| 2020 | +43.9% | +27.1% | +15777.1% |
| 2019 | -15.0% | -12.9% | -97.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Macon Economic Opportunity 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 Macon Economic Opportunity 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 $296, with expenses exceeding revenue.
Frequently Asked Questions about Macon Economic Opportunity Inc
Is Macon Economic Opportunity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Macon Economic Opportunity Inc (EIN: 720629286) insufficient data. 0 red flags identified, 0 strengths noted.
How does Macon Economic Opportunity Inc spend its money?
Detailed spending breakdown data is not yet available for Macon Economic Opportunity Inc. Check back for updated IRS 990 analysis.
Are donations to Macon Economic Opportunity Inc tax-deductible?
Macon Economic Opportunity Inc is registered as a tax-exempt nonprofit (EIN: 720629286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Macon Economic Opportunity Inc located?
Macon Economic Opportunity Inc is headquartered in Oak Grove, Louisiana and files with the IRS under EIN 720629286.
How many years of IRS 990 filings does Macon Economic Opportunity Inc have?
Macon Economic Opportunity Inc has 14 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 $75K in total revenue.
Filing History
IRS 990 filing history for Macon Economic Opportunity Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Macon Economic Opportunity Inc's revenue has declined by 83.1%, moving from $479K to $81K. Total assets decreased by 93.9% over the same period, from $6K to $350. Total functional expenses fell by 82.3%, from $459K to $81K. In its most recent filing year (2023), Macon Economic Opportunity Inc reported a deficit of $296, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $81K | $350 | $0 | — | View 990 |
| 2022 | $139K | $142K | $646 | $0 | — | View 990 |
| 2021 | $110K | $114K | $4K | $0 | — | View 990 |
| 2020 | $83K | $75K | $8K | $0 | — | — |
| 2019 | $58K | $59K | $48 | $0 | — | View 990 |
| 2018 | $68K | $68K | $2K | $0 | — | View 990 |
| 2017 | $58K | $56K | $2K | $0 | — | View 990 |
| 2016 | $64K | $63K | $540 | $0 | — | View 990 |
| 2015 | $164K | $165K | $12 | $0 | — | View 990 |
| 2014 | $63K | $67K | $401 | $0 | — | View 990 |
| 2013 | $174K | $173K | $5K | $0 | — | View 990 |
| 2012 | $235K | $234K | $4K | $861 | — | View 990 |
| 2011 | $239K | $237K | $2K | $484 | — | View 990 |
| 2010 | $479K | $459K | $6K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $81K, and assets of $350 (revenue -42.0% year-over-year).
- 2022: Revenue of $139K, expenses of $142K, and assets of $646 (revenue +26.4% year-over-year).
- 2021: Revenue of $110K, expenses of $114K, and assets of $4K (revenue +33.1% year-over-year).
- 2020: Revenue of $83K, expenses of $75K, and assets of $8K (revenue +43.9% year-over-year).
- 2019: Revenue of $58K, expenses of $59K, and assets of $48 (revenue -15.0% year-over-year).
- 2018: Revenue of $68K, expenses of $68K, and assets of $2K (revenue +17.6% year-over-year).
- 2017: Revenue of $58K, expenses of $56K, and assets of $2K (revenue -9.6% year-over-year).
- 2016: Revenue of $64K, expenses of $63K, and assets of $540 (revenue -61.2% year-over-year).
- 2015: Revenue of $164K, expenses of $165K, and assets of $12 (revenue +160.8% year-over-year).
- 2014: Revenue of $63K, expenses of $67K, and assets of $401 (revenue -63.9% year-over-year).
- 2013: Revenue of $174K, expenses of $173K, and assets of $5K (revenue -25.9% year-over-year).
- 2012: Revenue of $235K, expenses of $234K, and assets of $4K (revenue -1.5% year-over-year).
- 2011: Revenue of $239K, expenses of $237K, and assets of $2K (revenue -50.2% year-over-year).
- 2010: Revenue of $479K, expenses of $459K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Macon Economic Opportunity Inc:
Data Sources and Methodology
This transparency report for Macon Economic Opportunity 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.