Marc Resources Inc
EIN: 582099359 · Macon, GA · NTEE: L21Z
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $107K |
| Net Assets | $292K |
Is Marc Resources Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marc Resources Inc
Marc Resources Inc (EIN: 582099359) is a nonprofit organization based in Macon, GA, classified under NTEE code L21Z. The organization reported total revenue of $181K and total assets of $511K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marc Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marc Resources Inc is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $107K |
| Surplus / Deficit | +$69K |
| Total Assets | $440K |
| Total Liabilities | $149K |
| Net Assets | $292K |
| Operating Margin | 39.1% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 49.5 months |
Financial Health Grade: A
In 2024, Marc Resources Inc reported a surplus of $69K with revenue exceeding expenses, holds 49.5 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Marc Resources Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.7% | +5.6% | +29.8% |
| 2023 | -6.3% | -12.9% | +29.1% |
| 2022 | +1.3% | -9.6% | -13.2% |
| 2021 | +7.8% | -6.3% | +12.1% |
| 2020 | -43.8% | +1.5% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marc Resources 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 Marc Resources 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.8%.
Frequently Asked Questions about Marc Resources Inc
Is Marc Resources Inc a legitimate charity?
Marc Resources Inc (EIN: 582099359) is a registered tax-exempt nonprofit based in Georgia. It has 14 years of IRS 990 filings on record. Total revenue: $181K. No red flags identified. Financial health grade: A.
How does Marc Resources Inc spend its money?
Marc Resources Inc reported $181K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marc Resources Inc tax-deductible?
Marc Resources Inc is registered as a tax-exempt nonprofit (EIN: 582099359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marc Resources Inc located?
Marc Resources Inc is headquartered in Macon, Georgia and files with the IRS under EIN 582099359. It is classified under NTEE code L21Z.
How many years of IRS 990 filings does Marc Resources Inc have?
Marc Resources 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 $181K in total revenue.
Filing History
IRS 990 filing history for Marc Resources Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Marc Resources Inc's revenue has grown by 22.8%, moving from $143K to $175K. Total assets increased by 34.1% over the same period, from $328K to $440K. Total functional expenses fell by 36.2%, from $167K to $107K. In its most recent filing year (2024), Marc Resources Inc reported a surplus of $69K, with revenue exceeding expenses. The organization holds $149K in liabilities against $440K in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $292K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $175K | $107K | $440K | $149K | — | — |
| 2023 | $167K | $101K | $339K | $116K | — | View 990 |
| 2022 | $179K | $116K | $263K | $102K | — | View 990 |
| 2021 | $176K | $128K | $303K | $205K | — | — |
| 2020 | $164K | $137K | $270K | $220K | — | View 990 |
| 2019 | $291K | $135K | $311K | $287K | — | View 990 |
| 2018 | $215K | $145K | $280K | $412K | — | View 990 |
| 2017 | $156K | $149K | $275K | $477K | — | View 990 |
| 2016 | $131K | $135K | $268K | $477K | — | View 990 |
| 2015 | $136K | $138K | $271K | $475K | — | View 990 |
| 2014 | $136K | $132K | $291K | $492K | — | View 990 |
| 2013 | $140K | $141K | $308K | $514K | — | View 990 |
| 2012 | $126K | $144K | $327K | $530K | — | View 990 |
| 2011 | $143K | $167K | $328K | $514K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $175K, expenses of $107K, and assets of $440K (revenue +4.7% year-over-year).
- 2023: Revenue of $167K, expenses of $101K, and assets of $339K (revenue -6.3% year-over-year).
- 2022: Revenue of $179K, expenses of $116K, and assets of $263K (revenue +1.3% year-over-year).
- 2021: Revenue of $176K, expenses of $128K, and assets of $303K (revenue +7.8% year-over-year).
- 2020: Revenue of $164K, expenses of $137K, and assets of $270K (revenue -43.8% year-over-year).
- 2019: Revenue of $291K, expenses of $135K, and assets of $311K (revenue +35.3% year-over-year).
- 2018: Revenue of $215K, expenses of $145K, and assets of $280K (revenue +37.8% year-over-year).
- 2017: Revenue of $156K, expenses of $149K, and assets of $275K (revenue +19.4% year-over-year).
- 2016: Revenue of $131K, expenses of $135K, and assets of $268K (revenue -3.8% year-over-year).
- 2015: Revenue of $136K, expenses of $138K, and assets of $271K (revenue +0.2% year-over-year).
- 2014: Revenue of $136K, expenses of $132K, and assets of $291K (revenue -2.8% year-over-year).
- 2013: Revenue of $140K, expenses of $141K, and assets of $308K (revenue +10.9% year-over-year).
- 2012: Revenue of $126K, expenses of $144K, and assets of $327K (revenue -11.8% year-over-year).
- 2011: Revenue of $143K, expenses of $167K, and assets of $328K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marc Resources Inc:
Data Sources and Methodology
This transparency report for Marc Resources 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.