Mendenhall Rural Housing And Comm Development Corporation
EIN: 640923779 · Jackson, MS · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $268K |
| Net Assets | $856K |
Is Mendenhall Rural Housing And Comm Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mendenhall Rural Housing And Comm Development Corporation
Mendenhall Rural Housing And Comm Development Corporation (EIN: 640923779) is a nonprofit organization based in Jackson, MS, classified under NTEE code L21. The organization reported total revenue of $190K and total assets of $799K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mendenhall Rural Housing And Comm Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mendenhall Rural Housing And Comm Development Corporation is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $455K |
| Total Expenses | $268K |
| Surplus / Deficit | +$187K |
| Total Assets | $909K |
| Total Liabilities | $53K |
| Net Assets | $856K |
| Operating Margin | 41.2% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 40.7 months |
Financial Health Grade: A
In 2023, Mendenhall Rural Housing And Comm Development Corporation reported a surplus of $187K with revenue exceeding expenses, holds 40.7 months of operating reserves (strong position), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Mendenhall Rural Housing And Comm Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +151.8% | +24.6% | +28.2% |
| 2022 | -14.9% | -2.9% | -3.9% |
| 2021 | -7.2% | -10.3% | -1.5% |
| 2020 | +11.6% | +0.6% | -3.1% |
| 2019 | +14.3% | +0.2% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mendenhall Rural Housing And Comm Development 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 Mendenhall Rural Housing And Comm Development 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $187K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.8%.
Frequently Asked Questions about Mendenhall Rural Housing And Comm Development Corporation
Is Mendenhall Rural Housing And Comm Development Corporation a legitimate charity?
Mendenhall Rural Housing And Comm Development Corporation (EIN: 640923779) is a registered tax-exempt nonprofit based in Mississippi. It has 12 years of IRS 990 filings on record. Total revenue: $190K. No red flags identified. Financial health grade: A.
How does Mendenhall Rural Housing And Comm Development Corporation spend its money?
Mendenhall Rural Housing And Comm Development Corporation reported $190K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mendenhall Rural Housing And Comm Development Corporation tax-deductible?
Mendenhall Rural Housing And Comm Development Corporation is registered as a tax-exempt nonprofit (EIN: 640923779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mendenhall Rural Housing And Comm Development Corporation located?
Mendenhall Rural Housing And Comm Development Corporation is headquartered in Jackson, Mississippi and files with the IRS under EIN 640923779. It is classified under NTEE code L21.
How many years of IRS 990 filings does Mendenhall Rural Housing And Comm Development Corporation have?
Mendenhall Rural Housing And Comm Development Corporation has 12 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 $190K in total revenue.
Filing History
IRS 990 filing history for Mendenhall Rural Housing And Comm Development Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mendenhall Rural Housing And Comm Development Corporation's revenue has grown by 156.2%, moving from $178K to $455K. Total assets decreased by 22.6% over the same period, from $1.2M to $909K. Total functional expenses rose by 25.7%, from $213K to $268K. In its most recent filing year (2023), Mendenhall Rural Housing And Comm Development Corporation reported a surplus of $187K, with revenue exceeding expenses. The organization holds $53K in liabilities against $909K in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $856K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $455K | $268K | $909K | $53K | — | — |
| 2022 | $181K | $215K | $709K | $37K | — | View 990 |
| 2021 | $213K | $221K | $737K | $1.8M | — | View 990 |
| 2020 | $229K | $247K | $749K | $1.8M | — | View 990 |
| 2019 | $205K | $245K | $773K | $1.8M | — | View 990 |
| 2018 | $180K | $245K | $811K | $1.8M | — | View 990 |
| 2017 | $169K | $247K | $876K | $1.8M | — | View 990 |
| 2016 | $197K | $246K | $953K | $1.8M | — | View 990 |
| 2015 | $186K | $243K | $1.0M | $1.8M | — | View 990 |
| 2014 | $155K | $215K | $1.1M | $1.8M | — | View 990 |
| 2013 | $182K | $233K | $1.1M | $1.8M | — | View 990 |
| 2012 | $178K | $213K | $1.2M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $455K, expenses of $268K, and assets of $909K (revenue +151.8% year-over-year).
- 2022: Revenue of $181K, expenses of $215K, and assets of $709K (revenue -14.9% year-over-year).
- 2021: Revenue of $213K, expenses of $221K, and assets of $737K (revenue -7.2% year-over-year).
- 2020: Revenue of $229K, expenses of $247K, and assets of $749K (revenue +11.6% year-over-year).
- 2019: Revenue of $205K, expenses of $245K, and assets of $773K (revenue +14.3% year-over-year).
- 2018: Revenue of $180K, expenses of $245K, and assets of $811K (revenue +6.3% year-over-year).
- 2017: Revenue of $169K, expenses of $247K, and assets of $876K (revenue -14.2% year-over-year).
- 2016: Revenue of $197K, expenses of $246K, and assets of $953K (revenue +5.9% year-over-year).
- 2015: Revenue of $186K, expenses of $243K, and assets of $1.0M (revenue +20.0% year-over-year).
- 2014: Revenue of $155K, expenses of $215K, and assets of $1.1M (revenue -14.7% year-over-year).
- 2013: Revenue of $182K, expenses of $233K, and assets of $1.1M (revenue +2.2% year-over-year).
- 2012: Revenue of $178K, expenses of $213K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mendenhall Rural Housing And Comm Development Corporation:
Data Sources and Methodology
This transparency report for Mendenhall Rural Housing And Comm Development 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.