Marcus Community Center Inc
EIN: 814609822 · Marcus, IA · NTEE: N31
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $37K |
| Net Assets | $85K |
Is Marcus Community Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marcus Community Center Inc
Marcus Community Center Inc (EIN: 814609822) is a nonprofit organization based in Marcus, IA, classified under NTEE code N31. The organization reported total revenue of $56K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marcus Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marcus Community Center Inc is a micro nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -15.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $37K |
| Surplus / Deficit | $-477 |
| Total Assets | $85K |
| Total Liabilities | $90 |
| Net Assets | $85K |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 27.5 months |
Financial Health Grade: B
In 2023, Marcus Community Center Inc reported a deficit of $477 with expenses exceeding revenue, holds 27.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Marcus Community Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.9% | -31.3% | -0.5% |
| 2022 | -0.7% | +33.8% | -2.9% |
| 2021 | -6.7% | +13.8% | -0.5% |
| 2020 | -2.7% | -30.2% | -5.8% |
| 2019 | -30.6% | +35.5% | -13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marcus Community Center 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 Marcus Community Center 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 $477, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Marcus Community Center Inc
Is Marcus Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marcus Community Center Inc (EIN: 814609822) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marcus Community Center Inc spend its money?
Detailed spending breakdown data is not yet available for Marcus Community Center Inc. Check back for updated IRS 990 analysis.
Are donations to Marcus Community Center Inc tax-deductible?
Marcus Community Center Inc is registered as a tax-exempt nonprofit (EIN: 814609822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marcus Community Center Inc located?
Marcus Community Center Inc is headquartered in Marcus, Iowa and files with the IRS under EIN 814609822. It is classified under NTEE code N31.
How many years of IRS 990 filings does Marcus Community Center Inc have?
Marcus Community Center Inc has 6 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 $56K in total revenue.
Filing History
IRS 990 filing history for Marcus Community Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Marcus Community Center Inc's revenue has declined by 55.5%, moving from $82K to $37K. Total assets decreased by 21.6% over the same period, from $108K to $85K. Total functional expenses fell by 1.1%, from $37K to $37K. In its most recent filing year (2023), Marcus Community Center Inc reported a deficit of $477, with expenses exceeding revenue. The organization holds $90 in liabilities against $85K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $37K | $85K | $90 | — | — |
| 2022 | $51K | $54K | $85K | $21 | — | View 990 |
| 2021 | $52K | $40K | $88K | $69 | — | — |
| 2020 | $56K | $35K | $88K | $12K | — | View 990 |
| 2019 | $57K | $51K | $94K | $38K | — | View 990 |
| 2018 | $82K | $37K | $108K | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $37K, and assets of $85K (revenue -28.9% year-over-year).
- 2022: Revenue of $51K, expenses of $54K, and assets of $85K (revenue -0.7% year-over-year).
- 2021: Revenue of $52K, expenses of $40K, and assets of $88K (revenue -6.7% year-over-year).
- 2020: Revenue of $56K, expenses of $35K, and assets of $88K (revenue -2.7% year-over-year).
- 2019: Revenue of $57K, expenses of $51K, and assets of $94K (revenue -30.6% year-over-year).
- 2018: Revenue of $82K, expenses of $37K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marcus Community Center Inc:
Data Sources and Methodology
This transparency report for Marcus Community Center 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.