Madison Morgan County Caring Place Inc
Madison Morgan County Caring Place Inc consistently operates with zero officer compensation and growing assets.
EIN: 161782014 · Madison, GA · NTEE: P60 · Updated: 2026-03-28
Is Madison Morgan County Caring Place Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Madison Morgan County Caring Place Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Madison Morgan County Caring Place Inc
Madison Morgan County Caring Place Inc (EIN: 161782014) is a nonprofit organization based in Madison, GA, classified under NTEE code P60. The organization reported total revenue of $145K and total assets of $530K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Morgan County Caring Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Morgan County Caring Place Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $78K |
| Surplus / Deficit | +$35K |
| Total Assets | $495K |
| Net Assets | $495K |
| Operating Margin | 31.3% |
| Months of Reserves | 76.6 months |
Financial Health Grade: A
In 2023, Madison Morgan County Caring Place Inc reported a surplus of $35K with revenue exceeding expenses, holds 76.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Madison Morgan County Caring Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +17.0% | +7.7% |
| 2022 | +35.8% | +70.7% | +11.7% |
| 2021 | -42.6% | -45.7% | +12.4% |
| 2020 | +111.4% | +43.1% | +25.9% |
| 2019 | -38.2% | -28.7% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Madison Morgan County Caring Place Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Madison Morgan County Caring Place Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $35K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational model.
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.
Strengths
The following positive indicators were identified for Madison Morgan County Caring Place Inc:
- Consistent asset growth (from $291,117 in 2019 to $495,493 in 2023)
- Zero officer compensation reported across all filings
- No reported liabilities in any filing period
- Expenses consistently well below revenue, leading to surpluses
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Madison Morgan County Caring Place Inc
Is Madison Morgan County Caring Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Madison Morgan County Caring Place Inc (EIN: 161782014) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Madison Morgan County Caring Place Inc spend its money?
Madison Morgan County Caring Place Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Madison Morgan County Caring Place Inc tax-deductible?
Madison Morgan County Caring Place Inc is registered as a tax-exempt nonprofit (EIN: 161782014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Madison Morgan County Caring Place Inc a good charity?
Based on the provided data, Madison Morgan County Caring Place Inc appears to be a very good charity, demonstrating strong financial health, consistent asset growth, and exceptional spending efficiency with 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $186,355 in 2015 to $495,493 in 2023, and no reported liabilities, indicating robust and responsible financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or a model where executive roles are not salaried, which is a significant indicator of efficiency.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free operation.
Filing History
IRS 990 filing history for Madison Morgan County Caring Place Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Madison Morgan County Caring Place Inc's revenue has grown by 24.6%, moving from $91K to $113K. Total assets increased by 329.5% over the same period, from $115K to $495K. Total functional expenses fell by 7.9%, from $84K to $78K. In its most recent filing year (2023), Madison Morgan County Caring Place Inc reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $78K | $495K | $0 | — | View 990 |
| 2022 | $115K | $66K | $460K | $0 | — | View 990 |
| 2021 | $84K | $39K | $412K | $0 | — | View 990 |
| 2020 | $147K | $72K | $366K | $0 | — | View 990 |
| 2019 | $70K | $50K | $291K | $0 | — | View 990 |
| 2018 | $113K | $70K | $272K | $0 | — | View 990 |
| 2017 | $77K | $52K | $229K | $0 | — | View 990 |
| 2016 | $95K | $77K | $204K | $0 | — | View 990 |
| 2015 | $69K | $70K | $186K | $0 | — | View 990 |
| 2014 | $93K | $55K | $188K | $0 | — | View 990 |
| 2013 | $86K | $73K | $149K | $0 | — | View 990 |
| 2012 | $100K | $78K | $137K | $0 | — | View 990 |
| 2011 | $91K | $84K | $115K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $78K, and assets of $495K (revenue -1.3% year-over-year).
- 2022: Revenue of $115K, expenses of $66K, and assets of $460K (revenue +35.8% year-over-year).
- 2021: Revenue of $84K, expenses of $39K, and assets of $412K (revenue -42.6% year-over-year).
- 2020: Revenue of $147K, expenses of $72K, and assets of $366K (revenue +111.4% year-over-year).
- 2019: Revenue of $70K, expenses of $50K, and assets of $291K (revenue -38.2% year-over-year).
- 2018: Revenue of $113K, expenses of $70K, and assets of $272K (revenue +46.3% year-over-year).
- 2017: Revenue of $77K, expenses of $52K, and assets of $229K (revenue -18.9% year-over-year).
- 2016: Revenue of $95K, expenses of $77K, and assets of $204K (revenue +37.3% year-over-year).
- 2015: Revenue of $69K, expenses of $70K, and assets of $186K (revenue -25.5% year-over-year).
- 2014: Revenue of $93K, expenses of $55K, and assets of $188K (revenue +8.1% year-over-year).
- 2013: Revenue of $86K, expenses of $73K, and assets of $149K (revenue -14.1% year-over-year).
- 2012: Revenue of $100K, expenses of $78K, and assets of $137K (revenue +10.0% year-over-year).
- 2011: Revenue of $91K, expenses of $84K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Morgan County Caring Place Inc:
Data Sources and Methodology
This transparency report for Madison Morgan County Caring Place 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.