Metro Community Development Corporation
Metro Community Development Corporation shows significant asset growth and zero officer compensation amidst volatile revenue.
EIN: 200836981 · Jackson, MS · NTEE: S11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $387K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $8,282,123 |
| Net Assets | $6.0M |
| Transparency Score | 75/100 |
Is Metro Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Metro Community Development Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Metro Community Development Corporation
Metro Community Development Corporation (EIN: 200836981) is a nonprofit organization based in Jackson, MS, classified under NTEE code S11. The organization reported total revenue of $2.5M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metro Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metro Community Development Corporation is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 89.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $326K |
| Total Expenses | $387K |
| Surplus / Deficit | $-61,302 |
| Total Assets | $6.1M |
| Total Liabilities | $23K |
| Net Assets | $6.0M |
| Operating Margin | -18.8% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 187.7 months |
Financial Health Grade: B
In 2024, Metro Community Development Corporation reported a deficit of $61K with expenses exceeding revenue, holds 187.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2024), Metro Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 89.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.3% | +43.6% | -1.0% |
| 2023 | -53.0% | +21.5% | +0.9% |
| 2022 | +178.0% | +3.7% | +8.3% |
| 2021 | +33.6% | +243.0% | +0.9% |
| 2020 | -96.6% | +240.2% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Metro Community Development Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Metro Community Development Corporation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its asset size ($8,282,123) and revenue levels.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Metro Community Development Corporation's IRS 990 filings:
- Highly volatile revenue streams, with a peak of $5.4M in 201906 and significant drops in other years, suggesting potential funding instability.
- Lack of detailed expense breakdown beyond total expenses makes it difficult to fully assess program efficiency and administrative overhead.
- Unusually low expenses in 201906 ($18,325) compared to very high revenue ($5,429,040) for that period, which warrants further investigation into how funds were managed or deferred.
Strengths
The following positive indicators were identified for Metro Community Development Corporation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the leadership level.
- Significant asset growth over time, from $30,041 in 201512 to $8,282,123 currently, demonstrating financial accumulation.
- Very low liabilities across all reporting periods, indicating strong financial management and low debt burden.
- Regular filing of IRS Form 990s, demonstrating commitment to transparency.
Frequently Asked Questions about Metro Community Development Corporation
Is Metro Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Metro Community Development Corporation (EIN: 200836981) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Metro Community Development Corporation spend its money?
Metro Community Development Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Metro Community Development Corporation tax-deductible?
Metro Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 200836981). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Metro Community Development Corporation CEO make?
Metro Community Development Corporation's highest-compensated officer earns $8,282,123 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Metro Community Development Corporation's spending goes to programs?
Metro Community Development Corporation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Metro Community Development Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Metro Community Development Corporation is above average for NTEE category S11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Metro Community Development Corporation located?
Metro Community Development Corporation is headquartered in Jackson, Mississippi and files with the IRS under EIN 200836981. It is classified under NTEE code S11.
How many years of IRS 990 filings does Metro Community Development Corporation have?
Metro Community Development Corporation has 9 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 $2.5M in total revenue.
What caused the significant revenue spike in 201906 ($5,429,040) and the subsequent decline?
The provided data does not specify the source of this large revenue fluctuation, which would be critical to understand the organization's funding model and sustainability.
How does Metro Community Development Corporation manage its operations with 0% officer compensation?
This suggests a volunteer-led executive team or that executive functions are covered by other expense categories, which would require further detail to understand the operational structure.
What is the nature of the substantial asset growth from $30,041 in 201512 to over $8 million currently?
Understanding whether these assets are program-related properties, investments, or other holdings is crucial for assessing their impact on the mission.
What are the specific program activities funded by the organization?
The NTEE code S11 (Community Development Corporations) is broad; more specific program details would clarify the direct impact of its spending.
Filing History
IRS 990 filing history for Metro Community Development Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2024), Metro Community Development Corporation's revenue has grown by 31946.3%, moving from $1K to $326K. Total assets increased by 20049.9% over the same period, from $30K to $6.1M. Total functional expenses rose by 10078.7%, from $4K to $387K. In its most recent filing year (2024), Metro Community Development Corporation reported a deficit of $61K, with expenses exceeding revenue. The organization holds $23K in liabilities against $6.1M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $326K | $387K | $6.1M | $23K | — | — |
| 2023 | $321K | $269K | $6.1M | $24K | — | — |
| 2022 | $683K | $222K | $6.1M | $23K | — | View 990 |
| 2021 | $246K | $214K | $5.6M | $18K | — | — |
| 2020 | $184K | $62K | $5.5M | $0 | — | View 990 |
| 2019 | $5.4M | $18K | $5.4M | $0 | — | View 990 |
| 2017 | $11 | $299 | $22K | $0 | — | View 990 |
| 2016 | $348 | $8K | $22K | $0 | — | View 990 |
| 2015 | $1K | $4K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $326K, expenses of $387K, and assets of $6.1M (revenue +1.3% year-over-year).
- 2023: Revenue of $321K, expenses of $269K, and assets of $6.1M (revenue -53.0% year-over-year).
- 2022: Revenue of $683K, expenses of $222K, and assets of $6.1M (revenue +178.0% year-over-year).
- 2021: Revenue of $246K, expenses of $214K, and assets of $5.6M (revenue +33.6% year-over-year).
- 2020: Revenue of $184K, expenses of $62K, and assets of $5.5M (revenue -96.6% year-over-year).
- 2019: Revenue of $5.4M, expenses of $18K, and assets of $5.4M (revenue +49354809.1% year-over-year).
- 2017: Revenue of $11, expenses of $299, and assets of $22K (revenue -96.8% year-over-year).
- 2016: Revenue of $348, expenses of $8K, and assets of $22K (revenue -65.7% year-over-year).
- 2015: Revenue of $1K, expenses of $4K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metro Community Development Corporation:
Data Sources and Methodology
This transparency report for Metro Community 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.