Martin Tourism Commission
EIN: 464844412 · Martin, KY · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $291K |
| Net Assets | $235K |
Is Martin Tourism Commission Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Martin Tourism Commission
Martin Tourism Commission (EIN: 464844412) is a nonprofit organization based in Martin, KY, classified under NTEE code S41. The organization reported total revenue of $199K and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martin Tourism Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martin Tourism Commission is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $291K |
| Surplus / Deficit | $-88,035 |
| Total Assets | $244K |
| Total Liabilities | $8K |
| Net Assets | $235K |
| Operating Margin | -43.4% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Martin Tourism Commission reported a deficit of $88K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Martin Tourism Commission's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | +60.1% | -26.2% |
| 2022 | -11.1% | +30.3% | +5.8% |
| 2021 | -6.3% | -33.6% | +38.8% |
| 2020 | +16.6% | +12.4% | +16.2% |
| 2019 | +14.9% | -2.2% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Martin Tourism Commission 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 Martin Tourism Commission 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 $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Martin Tourism Commission
Is Martin Tourism Commission a legitimate charity?
Based on AI analysis of IRS 990 filings, Martin Tourism Commission (EIN: 464844412) insufficient data. 0 red flags identified, 0 strengths noted.
How does Martin Tourism Commission spend its money?
Detailed spending breakdown data is not yet available for Martin Tourism Commission. Check back for updated IRS 990 analysis.
Are donations to Martin Tourism Commission tax-deductible?
Martin Tourism Commission is registered as a tax-exempt nonprofit (EIN: 464844412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Martin Tourism Commission located?
Martin Tourism Commission is headquartered in Martin, Kentucky and files with the IRS under EIN 464844412. It is classified under NTEE code S41.
How many years of IRS 990 filings does Martin Tourism Commission have?
Martin Tourism Commission has 10 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 $199K in total revenue.
Filing History
IRS 990 filing history for Martin Tourism Commission showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Martin Tourism Commission's revenue has grown by 10.3%, moving from $184K to $203K. Total assets increased by 101.5% over the same period, from $121K to $244K. Total functional expenses rose by 337.7%, from $66K to $291K. In its most recent filing year (2023), Martin Tourism Commission reported a deficit of $88K, with expenses exceeding revenue. The organization holds $8K in liabilities against $244K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $235K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $291K | $244K | $8K | — | — |
| 2022 | $200K | $182K | $330K | $6K | — | View 990 |
| 2021 | $225K | $139K | $312K | $7K | — | View 990 |
| 2020 | $240K | $210K | $225K | $5K | — | — |
| 2019 | $206K | $187K | $193K | $3K | — | View 990 |
| 2018 | $179K | $191K | $175K | $5K | — | View 990 |
| 2017 | $216K | $231K | $187K | $4K | — | View 990 |
| 2016 | $224K | $210K | $202K | $5K | — | View 990 |
| 2015 | $225K | $158K | $191K | $7K | — | View 990 |
| 2014 | $184K | $66K | $121K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $291K, and assets of $244K (revenue +1.5% year-over-year).
- 2022: Revenue of $200K, expenses of $182K, and assets of $330K (revenue -11.1% year-over-year).
- 2021: Revenue of $225K, expenses of $139K, and assets of $312K (revenue -6.3% year-over-year).
- 2020: Revenue of $240K, expenses of $210K, and assets of $225K (revenue +16.6% year-over-year).
- 2019: Revenue of $206K, expenses of $187K, and assets of $193K (revenue +14.9% year-over-year).
- 2018: Revenue of $179K, expenses of $191K, and assets of $175K (revenue -17.2% year-over-year).
- 2017: Revenue of $216K, expenses of $231K, and assets of $187K (revenue -3.3% year-over-year).
- 2016: Revenue of $224K, expenses of $210K, and assets of $202K (revenue -0.8% year-over-year).
- 2015: Revenue of $225K, expenses of $158K, and assets of $191K (revenue +22.7% year-over-year).
- 2014: Revenue of $184K, expenses of $66K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martin Tourism Commission:
Data Sources and Methodology
This transparency report for Martin Tourism Commission 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.