Magic Valley Cattle Association Corp
EIN: 461299525 · Twin Falls, ID · NTEE: K20
| Metric | Value |
|---|---|
| Total Expenses | $19K |
| Net Assets | $12K |
Is Magic Valley Cattle Association Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Magic Valley Cattle Association Corp
Magic Valley Cattle Association Corp (EIN: 461299525) is a nonprofit organization based in Twin Falls, ID, classified under NTEE code K20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Magic Valley Cattle Association Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Magic Valley Cattle Association Corp is a micro nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $19K |
| Surplus / Deficit | +$2K |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | 7.4% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2015, Magic Valley Cattle Association Corp reported a surplus of $2K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2014–2015), Magic Valley Cattle Association Corp's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -6.9% | +16.1% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Magic Valley Cattle Association Corp 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 Magic Valley Cattle Association Corp 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Magic Valley Cattle Association Corp
Is Magic Valley Cattle Association Corp a legitimate charity?
Magic Valley Cattle Association Corp (EIN: 461299525) is a registered tax-exempt nonprofit based in Idaho. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Magic Valley Cattle Association Corp spend its money?
Magic Valley Cattle Association Corp reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Magic Valley Cattle Association Corp tax-deductible?
Magic Valley Cattle Association Corp is registered as a tax-exempt nonprofit (EIN: 461299525). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Magic Valley Cattle Association Corp located?
Magic Valley Cattle Association Corp is headquartered in Twin Falls, Idaho and files with the IRS under EIN 461299525. It is classified under NTEE code K20.
How many years of IRS 990 filings does Magic Valley Cattle Association Corp have?
Magic Valley Cattle Association Corp has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Magic Valley Cattle Association Corp showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Magic Valley Cattle Association Corp's revenue has declined by 6.9%, moving from $22K to $20K. Total assets increased by 14.1% over the same period, from $11K to $12K. Total functional expenses rose by 16.1%, from $16K to $19K. In its most recent filing year (2015), Magic Valley Cattle Association Corp reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $20K | $19K | $12K | $0 | — | — |
| 2014 | $22K | $16K | $11K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Magic Valley Cattle Association Corp:
Data Sources and Methodology
This transparency report for Magic Valley Cattle Association Corp 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.