Mississippi Faith Based Coalition For Community Renewal Inc
Mississippi Faith Based Coalition For Community Renewal Inc shows recent financial surpluses with no reported officer compensation.
EIN: 200473859 · Jackson, MS · NTEE: R99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $205K |
| Program Spending | 85% |
| Net Assets | $58K |
| Transparency Score | 85/100 |
Is Mississippi Faith Based Coalition For Community Renewal Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mississippi Faith Based Coalition For Community Renewal Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mississippi Faith Based Coalition For Community Renewal Inc
Mississippi Faith Based Coalition For Community Renewal Inc (EIN: 200473859) is a nonprofit organization based in Jackson, MS, classified under NTEE code R99. The organization reported total revenue of $144K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Faith Based Coalition For Community Renewal Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Faith Based Coalition For Community Renewal Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $205K |
| Surplus / Deficit | +$18K |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | 7.9% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Mississippi Faith Based Coalition For Community Renewal Inc reported a surplus of $18K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Mississippi Faith Based Coalition For Community Renewal Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.6% | +37.8% | +130.8% |
| 2022 | +156.3% | +9.9% | +330.2% |
| 2021 | -69.5% | +6.9% | -92.8% |
| 2020 | +98.3% | +33.0% | +509.2% |
| 2019 | +114.4% | +91.2% | +2766.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Faith Based Coalition For Community Renewal Inc with a Mission Score of 85 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Mississippi Faith Based Coalition For Community Renewal Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly 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 Faith Based Coalition For Community Renewal Inc's IRS 990 filings:
- Significant deficit in 2021 ($70,834 loss) indicating potential vulnerability to revenue shortfalls.
- Relatively low asset base ($57,993 in 2023) compared to annual expenses, suggesting limited financial reserves.
Strengths
The following positive indicators were identified for Mississippi Faith Based Coalition For Community Renewal Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating strong commitment to mission-focused spending.
- Achieved financial surpluses in the last two reported periods (2022 and 2023), indicating effective financial management and recovery from prior deficits.
- Consistent filing of IRS Form 990s, contributing to transparency.
Frequently Asked Questions about Mississippi Faith Based Coalition For Community Renewal Inc
Is Mississippi Faith Based Coalition For Community Renewal Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mississippi Faith Based Coalition For Community Renewal Inc (EIN: 200473859) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Mississippi Faith Based Coalition For Community Renewal Inc spend its money?
Mississippi Faith Based Coalition For Community Renewal Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mississippi Faith Based Coalition For Community Renewal Inc tax-deductible?
Mississippi Faith Based Coalition For Community Renewal Inc is registered as a tax-exempt nonprofit (EIN: 200473859). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mississippi Faith Based Coalition For Community Renewal Inc's spending goes to programs?
Mississippi Faith Based Coalition For Community Renewal Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mississippi Faith Based Coalition For Community Renewal Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mississippi Faith Based Coalition For Community Renewal Inc is above average for NTEE category R99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mississippi Faith Based Coalition For Community Renewal Inc located?
Mississippi Faith Based Coalition For Community Renewal Inc is headquartered in Jackson, Mississippi and files with the IRS under EIN 200473859. It is classified under NTEE code R99.
How many years of IRS 990 filings does Mississippi Faith Based Coalition For Community Renewal Inc have?
Mississippi Faith Based Coalition For Community Renewal 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 $144K in total revenue.
Is Mississippi Faith Based Coalition For Community Renewal Inc financially stable?
The organization has shown improved financial stability in 2022 and 2023, reporting surpluses of $16,555 and $17,562 respectively. However, its assets remain relatively low ($57,993 in 2023), and it experienced a significant deficit in 2021, suggesting that while currently stable, it may be vulnerable to future revenue fluctuations.
How does the organization manage its executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a strong positive for directing funds to its mission.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have fluctuated significantly over the years. After a dip in 2021 (revenue $64,486, expenses $135,320), both have increased, with 2023 showing revenue of $222,524 and expenses of $204,962, indicating a recent growth trend.
Filing History
IRS 990 filing history for Mississippi Faith Based Coalition For Community Renewal Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mississippi Faith Based Coalition For Community Renewal Inc's revenue has grown by 530.4%, moving from $35K to $223K. Total assets increased by 6730.7% over the same period, from $849 to $58K. Total functional expenses rose by 479.9%, from $35K to $205K. In its most recent filing year (2023), Mississippi Faith Based Coalition For Community Renewal Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $205K | $58K | $0 | — | — |
| 2022 | $165K | $149K | $25K | $14K | — | View 990 |
| 2021 | $64K | $135K | $6K | $33K | — | View 990 |
| 2020 | $212K | $127K | $81K | $17K | — | View 990 |
| 2019 | $107K | $95K | $13K | $0 | — | View 990 |
| 2018 | $50K | $50K | $466 | $0 | — | View 990 |
| 2017 | $88K | $85K | $2K | $0 | — | View 990 |
| 2016 | $48K | $58K | $6K | $0 | — | View 990 |
| 2015 | $111K | $106K | $11K | $0 | — | View 990 |
| 2014 | $236K | $230K | $8K | $2K | — | View 990 |
| 2013 | $147K | $147K | $183 | $0 | — | View 990 |
| 2012 | $119K | $118K | $881 | $0 | — | View 990 |
| 2011 | $35K | $35K | $849 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $205K, and assets of $58K (revenue +34.6% year-over-year).
- 2022: Revenue of $165K, expenses of $149K, and assets of $25K (revenue +156.3% year-over-year).
- 2021: Revenue of $64K, expenses of $135K, and assets of $6K (revenue -69.5% year-over-year).
- 2020: Revenue of $212K, expenses of $127K, and assets of $81K (revenue +98.3% year-over-year).
- 2019: Revenue of $107K, expenses of $95K, and assets of $13K (revenue +114.4% year-over-year).
- 2018: Revenue of $50K, expenses of $50K, and assets of $466 (revenue -43.6% year-over-year).
- 2017: Revenue of $88K, expenses of $85K, and assets of $2K (revenue +82.6% year-over-year).
- 2016: Revenue of $48K, expenses of $58K, and assets of $6K (revenue -56.4% year-over-year).
- 2015: Revenue of $111K, expenses of $106K, and assets of $11K (revenue -53.1% year-over-year).
- 2014: Revenue of $236K, expenses of $230K, and assets of $8K (revenue +61.2% year-over-year).
- 2013: Revenue of $147K, expenses of $147K, and assets of $183 (revenue +23.4% year-over-year).
- 2012: Revenue of $119K, expenses of $118K, and assets of $881 (revenue +236.8% year-over-year).
- 2011: Revenue of $35K, expenses of $35K, and assets of $849.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Faith Based Coalition For Community Renewal Inc:
Data Sources and Methodology
This transparency report for Mississippi Faith Based Coalition For Community Renewal 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.