Mayfair Towers Corporation
EIN: 630814888 · Huntsville, AL · NTEE: Z99Z
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $1.7M |
Is Mayfair Towers Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mayfair Towers Corporation
Mayfair Towers Corporation (EIN: 630814888) is a nonprofit organization based in Huntsville, AL, classified under NTEE code Z99Z. The organization reported total revenue of $4K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mayfair Towers Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mayfair Towers Corporation is a micro nonprofit that has been operating for 45 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -39.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-1,677,608 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -37784.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2021, Mayfair Towers Corporation reported a deficit of $1.7M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2012–2021), Mayfair Towers Corporation's revenue has declined at a compound annual growth rate (CAGR) of -39.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -90.7% | +16844.2% | -100.0% |
| 2020 | -98.0% | -94.3% | +2.3% |
| 2019 | +463.0% | -54.1% | +805.2% |
| 2018 | -1.1% | +9.3% | -18.8% |
| 2017 | +2.2% | -3.4% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mayfair Towers Corporation 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 Mayfair Towers Corporation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.7M, with expenses exceeding revenue.
Frequently Asked Questions about Mayfair Towers Corporation
Is Mayfair Towers Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mayfair Towers Corporation (EIN: 630814888) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mayfair Towers Corporation spend its money?
Detailed spending breakdown data is not yet available for Mayfair Towers Corporation. Check back for updated IRS 990 analysis.
Are donations to Mayfair Towers Corporation tax-deductible?
Mayfair Towers Corporation is registered as a tax-exempt nonprofit (EIN: 630814888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mayfair Towers Corporation located?
Mayfair Towers Corporation is headquartered in Huntsville, Alabama and files with the IRS under EIN 630814888. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Mayfair Towers Corporation have?
Mayfair Towers Corporation 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 $4K in total revenue.
Filing History
IRS 990 filing history for Mayfair Towers Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Mayfair Towers Corporation's revenue has declined by 98.9%, moving from $410K to $4K. Total assets decreased by 100% over the same period, from $419K to $0. Total functional expenses rose by 327.5%, from $393K to $1.7M. In its most recent filing year (2021), Mayfair Towers Corporation reported a deficit of $1.7M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $4K | $1.7M | $0 | $0 | — | — |
| 2020 | $48K | $10K | $1.7M | $0 | — | View 990 |
| 2019 | $2.4M | $176K | $1.6M | $0 | — | View 990 |
| 2018 | $430K | $383K | $181K | $785K | — | View 990 |
| 2017 | $435K | $350K | $223K | $874K | — | View 990 |
| 2016 | $425K | $363K | $230K | $965K | — | View 990 |
| 2015 | $422K | $379K | $231K | $1.1M | — | View 990 |
| 2014 | $410K | $476K | $275K | $1.1M | — | View 990 |
| 2013 | $414K | $402K | $371K | $1.2M | — | View 990 |
| 2012 | $410K | $393K | $419K | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $4K, expenses of $1.7M, and assets of $0 (revenue -90.7% year-over-year).
- 2020: Revenue of $48K, expenses of $10K, and assets of $1.7M (revenue -98.0% year-over-year).
- 2019: Revenue of $2.4M, expenses of $176K, and assets of $1.6M (revenue +463.0% year-over-year).
- 2018: Revenue of $430K, expenses of $383K, and assets of $181K (revenue -1.1% year-over-year).
- 2017: Revenue of $435K, expenses of $350K, and assets of $223K (revenue +2.2% year-over-year).
- 2016: Revenue of $425K, expenses of $363K, and assets of $230K (revenue +0.8% year-over-year).
- 2015: Revenue of $422K, expenses of $379K, and assets of $231K (revenue +2.8% year-over-year).
- 2014: Revenue of $410K, expenses of $476K, and assets of $275K (revenue -1.1% year-over-year).
- 2013: Revenue of $414K, expenses of $402K, and assets of $371K (revenue +1.0% year-over-year).
- 2012: Revenue of $410K, expenses of $393K, and assets of $419K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mayfair Towers Corporation:
Data Sources and Methodology
This transparency report for Mayfair Towers Corporation 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.