Miller Park Inc
Miller Park Inc. consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 205782208 · Jackson, MS · NTEE: P73 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $212K |
| Program Spending | 80% |
| Net Assets | $1.2M |
| Transparency Score | 65/100 |
Is Miller Park Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Miller Park Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Miller Park Inc
Miller Park Inc (EIN: 205782208) is a nonprofit organization based in Jackson, MS, classified under NTEE code P73. The organization reported total revenue of $204K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miller Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miller Park Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $212K |
| Surplus / Deficit | $-61,519 |
| Total Assets | $1.2M |
| Total Liabilities | $51K |
| Net Assets | $1.2M |
| Operating Margin | -40.8% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 69.5 months |
Financial Health Grade: B
In 2024, Miller Park Inc reported a deficit of $62K with expenses exceeding revenue, holds 69.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Miller Park Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.5% | +10.7% | -4.5% |
| 2023 | +10.4% | +9.2% | -1.5% |
| 2022 | +1.2% | -2.1% | -1.8% |
| 2021 | +0.0% | +6.7% | -1.7% |
| 2020 | -2.3% | -8.8% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Miller Park Inc with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Miller Park Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly favorable for directing resources to the organization's mission.
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 Miller Park Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) over multiple years, e.g., $212,148 expenses vs. $150,629 revenue in 202406.
- Declining asset base over the past decade, from $1,518,924 in 2015 to $1,229,456 in 2024, indicating unsustainable spending.
- Reliance on existing assets to cover operational costs without a clear path to increased revenue or reduced expenses.
Strengths
The following positive indicators were identified for Miller Park Inc:
- Zero reported officer compensation across all filings, indicating efficient use of funds for mission-related activities.
- Relatively low and stable liabilities, suggesting good debt management.
- Substantial asset base ($1,188,610 latest) provides a buffer, despite its decline.
Frequently Asked Questions about Miller Park Inc
Is Miller Park Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Miller Park Inc (EIN: 205782208) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Miller Park Inc spend its money?
Miller Park Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Miller Park Inc tax-deductible?
Miller Park Inc is registered as a tax-exempt nonprofit (EIN: 205782208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Miller Park Inc's spending goes to programs?
Miller Park Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Miller Park Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Miller Park Inc is above average for NTEE category P73 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Miller Park Inc located?
Miller Park Inc is headquartered in Jackson, Mississippi and files with the IRS under EIN 205782208. It is classified under NTEE code P73.
How many years of IRS 990 filings does Miller Park Inc have?
Miller Park Inc has 13 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 $204K in total revenue.
Is Miller Park Inc. financially sustainable given its consistent operating deficits?
Miller Park Inc. has consistently reported expenses exceeding revenue for at least the past decade. For instance, in 202406, expenses were $212,148 while revenue was $150,629. This pattern suggests a reliance on drawing down its asset base, which has declined from $1,518,924 in 2015 to $1,229,456 in 2024. Without a change in this trend, its long-term financial sustainability is questionable.
What is the trend in Miller Park Inc.'s assets and liabilities?
Miller Park Inc.'s assets have shown a consistent decline over the past decade, from $1,518,924 in 2015 to $1,229,456 in 2024. Liabilities have generally remained low and relatively stable, fluctuating between approximately $9,593 and $64,857 over the same period, indicating that the asset decline is primarily due to operational deficits rather than increasing debt.
How does Miller Park Inc.'s revenue generation compare to its expenses?
Miller Park Inc.'s revenue generation consistently falls short of its expenses. For example, in 202406, revenue was $150,629 against expenses of $212,148. This gap has been a persistent feature of its financial operations for at least the last 10 years, with expenses often exceeding revenue by tens of thousands of dollars annually.
Filing History
IRS 990 filing history for Miller Park Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Miller Park Inc's revenue has grown by 125.2%, moving from $67K to $151K. Total assets decreased by 22% over the same period, from $1.6M to $1.2M. Total functional expenses rose by 85.5%, from $114K to $212K. In its most recent filing year (2024), Miller Park Inc reported a deficit of $62K, with expenses exceeding revenue. The organization holds $51K in liabilities against $1.2M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $151K | $212K | $1.2M | $51K | — | — |
| 2023 | $140K | $192K | $1.3M | $65K | — | View 990 |
| 2022 | $127K | $175K | $1.3M | $49K | — | View 990 |
| 2021 | $125K | $179K | $1.3M | $40K | — | View 990 |
| 2020 | $125K | $168K | $1.4M | $25K | — | View 990 |
| 2019 | $128K | $184K | $1.4M | $19K | — | View 990 |
| 2018 | $109K | $167K | $1.4M | $11K | — | — |
| 2017 | $101K | $166K | $1.4M | $10K | — | View 990 |
| 2016 | $102K | $168K | $1.5M | $18K | — | View 990 |
| 2015 | $98K | $246K | $1.5M | $11K | — | View 990 |
| 2014 | $101K | $112K | $1.5M | $7K | — | View 990 |
| 2013 | $93K | $114K | $1.6M | $12K | — | View 990 |
| 2012 | $67K | $114K | $1.6M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $151K, expenses of $212K, and assets of $1.2M (revenue +7.5% year-over-year).
- 2023: Revenue of $140K, expenses of $192K, and assets of $1.3M (revenue +10.4% year-over-year).
- 2022: Revenue of $127K, expenses of $175K, and assets of $1.3M (revenue +1.2% year-over-year).
- 2021: Revenue of $125K, expenses of $179K, and assets of $1.3M (revenue +0.0% year-over-year).
- 2020: Revenue of $125K, expenses of $168K, and assets of $1.4M (revenue -2.3% year-over-year).
- 2019: Revenue of $128K, expenses of $184K, and assets of $1.4M (revenue +17.7% year-over-year).
- 2018: Revenue of $109K, expenses of $167K, and assets of $1.4M (revenue +8.3% year-over-year).
- 2017: Revenue of $101K, expenses of $166K, and assets of $1.4M (revenue -1.2% year-over-year).
- 2016: Revenue of $102K, expenses of $168K, and assets of $1.5M (revenue +3.6% year-over-year).
- 2015: Revenue of $98K, expenses of $246K, and assets of $1.5M (revenue -2.6% year-over-year).
- 2014: Revenue of $101K, expenses of $112K, and assets of $1.5M (revenue +8.7% year-over-year).
- 2013: Revenue of $93K, expenses of $114K, and assets of $1.6M (revenue +38.8% year-over-year).
- 2012: Revenue of $67K, expenses of $114K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miller Park Inc:
Data Sources and Methodology
This transparency report for Miller Park Inc 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.