Margret And H A Rey Center Inc
EIN: 223863524 · Watervl Vly, NH · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $155K |
| Net Assets | $145K |
Is Margret And H A Rey 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 Margret And H A Rey Center Inc
Margret And H A Rey Center Inc (EIN: 223863524) is a nonprofit organization based in Watervl Vly, NH, classified under NTEE code A65. The organization reported total revenue of $273K and total assets of $184K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Margret And H A Rey Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Margret And H A Rey Center Inc is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $155K |
| Surplus / Deficit | $-10,968 |
| Total Assets | $193K |
| Total Liabilities | $47K |
| Net Assets | $145K |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 24.7% |
| Months of Reserves | 14.9 months |
Financial Health Grade: B
In 2023, Margret And H A Rey Center Inc reported a deficit of $11K with expenses exceeding revenue, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 24.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Margret And H A Rey Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | -4.6% | -9.8% |
| 2022 | +30.6% | -3.5% | -17.8% |
| 2021 | -4.6% | +70.9% | -21.4% |
| 2020 | +13.9% | -20.8% | +3.2% |
| 2019 | -30.0% | -18.1% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Margret And H A Rey 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 Margret And H A Rey 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.7%.
Frequently Asked Questions about Margret And H A Rey Center Inc
Is Margret And H A Rey Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Margret And H A Rey Center Inc (EIN: 223863524) insufficient data. 0 red flags identified, 0 strengths noted.
How does Margret And H A Rey Center Inc spend its money?
Detailed spending breakdown data is not yet available for Margret And H A Rey Center Inc. Check back for updated IRS 990 analysis.
Are donations to Margret And H A Rey Center Inc tax-deductible?
Margret And H A Rey Center Inc is registered as a tax-exempt nonprofit (EIN: 223863524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Margret And H A Rey Center Inc located?
Margret And H A Rey Center Inc is headquartered in Watervl Vly, New Hampshire and files with the IRS under EIN 223863524. It is classified under NTEE code A65.
How many years of IRS 990 filings does Margret And H A Rey Center Inc have?
Margret And H A Rey Center 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 $273K in total revenue.
Filing History
IRS 990 filing history for Margret And H A Rey Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Margret And H A Rey Center Inc's revenue has declined by 24.5%, moving from $191K to $144K. Total assets decreased by 23.7% over the same period, from $252K to $193K. Total functional expenses fell by 15.1%, from $182K to $155K. In its most recent filing year (2023), Margret And H A Rey Center Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $47K in liabilities against $193K in assets (debt-to-asset ratio: 24.7%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $155K | $193K | $47K | — | — |
| 2022 | $132K | $162K | $214K | $62K | — | View 990 |
| 2021 | $101K | $168K | $260K | $77K | — | View 990 |
| 2020 | $106K | $98K | $331K | $80K | — | View 990 |
| 2019 | $93K | $124K | $320K | $82K | — | — |
| 2018 | $133K | $152K | $342K | $92K | — | View 990 |
| 2017 | $112K | $114K | $327K | $50K | — | View 990 |
| 2016 | $130K | $138K | $323K | $53K | — | View 990 |
| 2015 | $156K | $162K | $332K | $57K | — | View 990 |
| 2014 | $212K | $190K | $346K | $61K | — | View 990 |
| 2013 | $229K | $222K | $332K | $72K | — | View 990 |
| 2012 | $240K | $235K | $329K | $75K | — | View 990 |
| 2011 | $236K | $232K | $237K | $79K | — | View 990 |
| 2010 | $191K | $182K | $252K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $155K, and assets of $193K (revenue +9.3% year-over-year).
- 2022: Revenue of $132K, expenses of $162K, and assets of $214K (revenue +30.6% year-over-year).
- 2021: Revenue of $101K, expenses of $168K, and assets of $260K (revenue -4.6% year-over-year).
- 2020: Revenue of $106K, expenses of $98K, and assets of $331K (revenue +13.9% year-over-year).
- 2019: Revenue of $93K, expenses of $124K, and assets of $320K (revenue -30.0% year-over-year).
- 2018: Revenue of $133K, expenses of $152K, and assets of $342K (revenue +18.4% year-over-year).
- 2017: Revenue of $112K, expenses of $114K, and assets of $327K (revenue -14.0% year-over-year).
- 2016: Revenue of $130K, expenses of $138K, and assets of $323K (revenue -16.8% year-over-year).
- 2015: Revenue of $156K, expenses of $162K, and assets of $332K (revenue -26.2% year-over-year).
- 2014: Revenue of $212K, expenses of $190K, and assets of $346K (revenue -7.6% year-over-year).
- 2013: Revenue of $229K, expenses of $222K, and assets of $332K (revenue -4.3% year-over-year).
- 2012: Revenue of $240K, expenses of $235K, and assets of $329K (revenue +1.4% year-over-year).
- 2011: Revenue of $236K, expenses of $232K, and assets of $237K (revenue +23.8% year-over-year).
- 2010: Revenue of $191K, expenses of $182K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Margret And H A Rey Center Inc:
Data Sources and Methodology
This transparency report for Margret And H A Rey 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.