Memphis Interfaith Coalition For Acton And Hope
EIN: 821172084 · Memphis, TN · NTEE: R40
| Metric | Value |
|---|---|
| Total Revenue | $523K |
| Total Expenses | $508K |
| Net Assets | $535K |
Is Memphis Interfaith Coalition For Acton And Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Memphis Interfaith Coalition For Acton And Hope
Memphis Interfaith Coalition For Acton And Hope (EIN: 821172084) is a nonprofit organization based in Memphis, TN, classified under NTEE code R40. The organization reported total revenue of $523K and total assets of $525K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphis Interfaith Coalition For Acton And Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memphis Interfaith Coalition For Acton And Hope is a small 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 22.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $508K |
| Surplus / Deficit | $-67,528 |
| Total Assets | $535K |
| Net Assets | $535K |
| Operating Margin | -15.3% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, Memphis Interfaith Coalition For Acton And Hope reported a deficit of $68K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Memphis Interfaith Coalition For Acton And Hope's revenue has grown at a compound annual growth rate (CAGR) of 22.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +35.8% | -11.2% |
| 2022 | +29.5% | +42.1% | +14.6% |
| 2021 | -19.1% | +36.3% | +19.2% |
| 2020 | +136.3% | +63.7% | +116.3% |
| 2019 | +15.9% | +581.9% | +45.9% |
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 Memphis Interfaith Coalition For Acton And Hope 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 Memphis Interfaith Coalition For Acton And Hope 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 $68K, with expenses exceeding revenue.
Frequently Asked Questions about Memphis Interfaith Coalition For Acton And Hope
Is Memphis Interfaith Coalition For Acton And Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Memphis Interfaith Coalition For Acton And Hope (EIN: 821172084) insufficient data. 0 red flags identified, 0 strengths noted.
How does Memphis Interfaith Coalition For Acton And Hope spend its money?
Detailed spending breakdown data is not yet available for Memphis Interfaith Coalition For Acton And Hope. Check back for updated IRS 990 analysis.
Are donations to Memphis Interfaith Coalition For Acton And Hope tax-deductible?
Memphis Interfaith Coalition For Acton And Hope is registered as a tax-exempt nonprofit (EIN: 821172084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Memphis Interfaith Coalition For Acton And Hope located?
Memphis Interfaith Coalition For Acton And Hope is headquartered in Memphis, Tennessee and files with the IRS under EIN 821172084. It is classified under NTEE code R40.
How many years of IRS 990 filings does Memphis Interfaith Coalition For Acton And Hope have?
Memphis Interfaith Coalition For Acton And Hope 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 $523K in total revenue.
Filing History
IRS 990 filing history for Memphis Interfaith Coalition For Acton And Hope showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Memphis Interfaith Coalition For Acton And Hope's revenue has grown by 180.1%, moving from $157K to $440K. Total assets increased by 283% over the same period, from $140K to $535K. Total functional expenses rose by 2834.1%, from $17K to $508K. In its most recent filing year (2023), Memphis Interfaith Coalition For Acton And Hope reported a deficit of $68K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $440K | $508K | $535K | $0 | — | — |
| 2022 | $451K | $374K | $603K | $0 | — | View 990 |
| 2021 | $348K | $263K | $526K | $0 | — | View 990 |
| 2020 | $430K | $193K | $441K | $0 | — | — |
| 2019 | $182K | $118K | $204K | $0 | — | View 990 |
| 2018 | $157K | $17K | $140K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $440K, expenses of $508K, and assets of $535K (revenue -2.4% year-over-year).
- 2022: Revenue of $451K, expenses of $374K, and assets of $603K (revenue +29.5% year-over-year).
- 2021: Revenue of $348K, expenses of $263K, and assets of $526K (revenue -19.1% year-over-year).
- 2020: Revenue of $430K, expenses of $193K, and assets of $441K (revenue +136.3% year-over-year).
- 2019: Revenue of $182K, expenses of $118K, and assets of $204K (revenue +15.9% year-over-year).
- 2018: Revenue of $157K, expenses of $17K, and assets of $140K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memphis Interfaith Coalition For Acton And Hope:
Data Sources and Methodology
This transparency report for Memphis Interfaith Coalition For Acton And Hope 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.