Mississippi Association Ofworkforce Areas Inc
Mississippi Association Ofworkforce Areas Inc faces revenue instability despite healthy assets and zero executive compensation.
EIN: 205048491 · Greenville, MS · NTEE: J22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $10K |
| Program Spending | 80% |
| Net Assets | $175K |
| Transparency Score | 65/100 |
Is Mississippi Association Ofworkforce Areas Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mississippi Association Ofworkforce Areas Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mississippi Association Ofworkforce Areas Inc
Mississippi Association Ofworkforce Areas Inc (EIN: 205048491) is a nonprofit organization based in Greenville, MS, classified under NTEE code J22. The organization reported total revenue of $0 and total assets of $150K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Association Ofworkforce Areas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Association Ofworkforce Areas Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -57.0% | -5.2% |
| 2022 | +0.0% | -43.5% | +73.0% |
| 2021 | +2683.2% | -35.3% | +102.7% |
| 2020 | -96.5% | -44.0% | -49.0% |
| 2019 | +1770.3% | +1590.3% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Mississippi Association Ofworkforce Areas 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, Mississippi Association Ofworkforce Areas 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 (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a volunteer-led or very lean operational structure, which is commendable for a nonprofit of its size.
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 Mississippi Association Ofworkforce Areas Inc's IRS 990 filings:
- Highly inconsistent revenue streams, with $0 reported in the latest filing (202309).
- Lack of detailed expense breakdown to assess program efficiency.
- Significant drop in assets from $184,324 (202209) to $174,763 (202309) while reporting $0 revenue.
Strengths
The following positive indicators were identified for Mississippi Association Ofworkforce Areas Inc:
- Consistently reports zero officer compensation, indicating efficient use of funds for non-executive purposes.
- Maintains a healthy asset base ($174,763 in 202309) with consistently low or zero liabilities.
- Consistent IRS 990 filing history demonstrates transparency and compliance.
Frequently Asked Questions about Mississippi Association Ofworkforce Areas Inc
Is Mississippi Association Ofworkforce Areas Inc a legitimate charity?
Mississippi Association Ofworkforce Areas Inc (EIN: 205048491) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mississippi Association Ofworkforce Areas Inc spend its money?
Mississippi Association Ofworkforce Areas Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mississippi Association Ofworkforce Areas Inc tax-deductible?
Mississippi Association Ofworkforce Areas Inc is registered as a tax-exempt nonprofit (EIN: 205048491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mississippi Association Ofworkforce Areas Inc's spending goes to programs?
Mississippi Association Ofworkforce Areas Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mississippi Association Ofworkforce Areas Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Mississippi Association Ofworkforce Areas Inc is above average for NTEE category J22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mississippi Association Ofworkforce Areas Inc located?
Mississippi Association Ofworkforce Areas Inc is headquartered in Greenville, Mississippi and files with the IRS under EIN 205048491. It is classified under NTEE code J22.
How many years of IRS 990 filings does Mississippi Association Ofworkforce Areas Inc have?
Mississippi Association Ofworkforce Areas 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.
How does the organization sustain operations with $0 revenue in the latest filing (202309) while incurring $9,561 in expenses?
The organization likely utilized its accumulated assets or reserves to cover expenses in the period ending 202309, as its assets decreased from $184,324 (202209) to $174,763 (202309).
What are the primary sources of revenue for the organization, given its inconsistent revenue history?
The provided data does not specify revenue sources, but the significant fluctuations (e.g., $100,000 in 202209 vs. $0 in 202309) suggest reliance on grants, specific projects, or periodic funding rather than consistent, broad-based support.
What specific programs or activities does the organization fund with its expenses?
The NTEE code J22 indicates a focus on employment and training. However, the provided financial data does not offer a detailed breakdown of expenses into specific program categories.
Filing History
IRS 990 filing history for Mississippi Association Ofworkforce Areas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mississippi Association Ofworkforce Areas Inc's revenue has declined by 100%, moving from $97K to $0. Total assets increased by 4.7% over the same period, from $167K to $175K. Total functional expenses fell by 91.9%, from $118K to $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $10K | $175K | $0 | — | — |
| 2022 | $100K | $22K | $184K | $0 | — | View 990 |
| 2021 | $100K | $39K | $107K | $0 | — | — |
| 2020 | $4K | $61K | $53K | $7K | — | — |
| 2019 | $101K | $109K | $103K | $0 | — | View 990 |
| 2018 | $5K | $6K | $110K | $0 | — | View 990 |
| 2017 | $40K | $42K | $111K | $0 | — | View 990 |
| 2016 | $74K | $64K | $113K | $0 | — | View 990 |
| 2015 | $2K | $15K | $104K | $500 | — | View 990 |
| 2014 | $32K | $46K | $117K | $500 | — | View 990 |
| 2013 | $2K | $12K | $131K | $500 | — | View 990 |
| 2012 | $2K | $28K | $141K | $500 | — | View 990 |
| 2011 | $97K | $118K | $167K | $500 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $10K, and assets of $175K (revenue -100.0% year-over-year).
- 2022: Revenue of $100K, expenses of $22K, and assets of $184K (revenue +0.0% year-over-year).
- 2021: Revenue of $100K, expenses of $39K, and assets of $107K (revenue +2683.2% year-over-year).
- 2020: Revenue of $4K, expenses of $61K, and assets of $53K (revenue -96.5% year-over-year).
- 2019: Revenue of $101K, expenses of $109K, and assets of $103K (revenue +1770.3% year-over-year).
- 2018: Revenue of $5K, expenses of $6K, and assets of $110K (revenue -86.6% year-over-year).
- 2017: Revenue of $40K, expenses of $42K, and assets of $111K (revenue -45.3% year-over-year).
- 2016: Revenue of $74K, expenses of $64K, and assets of $113K (revenue +3591.1% year-over-year).
- 2015: Revenue of $2K, expenses of $15K, and assets of $104K (revenue -93.8% year-over-year).
- 2014: Revenue of $32K, expenses of $46K, and assets of $117K (revenue +1500.0% year-over-year).
- 2013: Revenue of $2K, expenses of $12K, and assets of $131K (revenue +0.0% year-over-year).
- 2012: Revenue of $2K, expenses of $28K, and assets of $141K (revenue -97.9% year-over-year).
- 2011: Revenue of $97K, expenses of $118K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Association Ofworkforce Areas Inc:
Data Sources and Methodology
This transparency report for Mississippi Association Ofworkforce Areas 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.