Marine Mills Folk School
EIN: 830646600 · Marine St Crx, MN · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $355K |
| Total Expenses | $277K |
| Net Assets | $235K |
Is Marine Mills Folk School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marine Mills Folk School
Marine Mills Folk School (EIN: 830646600) is a nonprofit organization based in Marine St Crx, MN, classified under NTEE code A70. The organization reported total revenue of $355K and total assets of $243K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marine Mills Folk School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marine Mills Folk School is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $277K |
| Surplus / Deficit | $-4,047 |
| Total Assets | $235K |
| Net Assets | $235K |
| Operating Margin | -1.5% |
| Months of Reserves | 10.2 months |
Financial Health Grade: B
In 2023, Marine Mills Folk School reported a deficit of $4K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Marine Mills Folk School's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +120.9% | +74.7% | -1.6% |
| 2022 | -63.1% | +80.1% | -12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marine Mills Folk School 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 Marine Mills Folk School 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 $4K, with expenses exceeding revenue.
Frequently Asked Questions about Marine Mills Folk School
Is Marine Mills Folk School a legitimate charity?
Based on AI analysis of IRS 990 filings, Marine Mills Folk School (EIN: 830646600) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marine Mills Folk School spend its money?
Detailed spending breakdown data is not yet available for Marine Mills Folk School. Check back for updated IRS 990 analysis.
Are donations to Marine Mills Folk School tax-deductible?
Marine Mills Folk School is registered as a tax-exempt nonprofit (EIN: 830646600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marine Mills Folk School located?
Marine Mills Folk School is headquartered in Marine St Crx, Minnesota and files with the IRS under EIN 830646600. It is classified under NTEE code A70.
How many years of IRS 990 filings does Marine Mills Folk School have?
Marine Mills Folk School has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $355K in total revenue.
Filing History
IRS 990 filing history for Marine Mills Folk School showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Marine Mills Folk School's revenue has declined by 18.4%, moving from $334K to $272K. Total assets decreased by 14.2% over the same period, from $273K to $235K. Total functional expenses rose by 214.7%, from $88K to $277K. In its most recent filing year (2023), Marine Mills Folk School reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $277K | $235K | $0 | — | View 990 |
| 2022 | $123K | $158K | $239K | $0 | — | View 990 |
| 2021 | $334K | $88K | $273K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $277K, and assets of $235K (revenue +120.9% year-over-year).
- 2022: Revenue of $123K, expenses of $158K, and assets of $239K (revenue -63.1% year-over-year).
- 2021: Revenue of $334K, expenses of $88K, and assets of $273K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marine Mills Folk School:
Data Sources and Methodology
This transparency report for Marine Mills Folk School 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.