Mississippi Heritage Trust
EIN: 582020318 · Cleveland, MS · NTEE: A800
| Metric | Value |
|---|---|
| Total Revenue | $667K |
| Total Expenses | $466K |
| Net Assets | $888K |
Is Mississippi Heritage Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi Heritage Trust
Mississippi Heritage Trust (EIN: 582020318) is a nonprofit organization based in Cleveland, MS, classified under NTEE code A800. The organization reported total revenue of $667K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Heritage Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Heritage Trust is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $897K |
| Total Expenses | $466K |
| Surplus / Deficit | +$431K |
| Total Assets | $991K |
| Total Liabilities | $103K |
| Net Assets | $888K |
| Operating Margin | 48.0% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 25.5 months |
Financial Health Grade: A
In 2023, Mississippi Heritage Trust reported a surplus of $431K with revenue exceeding expenses, holds 25.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mississippi Heritage Trust's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.4% | +7.3% | +77.2% |
| 2022 | +71.8% | +28.2% | +21.2% |
| 2021 | -11.5% | +47.8% | -0.9% |
| 2020 | +18.6% | +9.9% | +70.0% |
| 2019 | +39.9% | -13.0% | +157.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mississippi Heritage Trust 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 Mississippi Heritage Trust 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 $431K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about Mississippi Heritage Trust
Is Mississippi Heritage Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Mississippi Heritage Trust (EIN: 582020318) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mississippi Heritage Trust spend its money?
Detailed spending breakdown data is not yet available for Mississippi Heritage Trust. Check back for updated IRS 990 analysis.
Are donations to Mississippi Heritage Trust tax-deductible?
Mississippi Heritage Trust is registered as a tax-exempt nonprofit (EIN: 582020318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mississippi Heritage Trust located?
Mississippi Heritage Trust is headquartered in Cleveland, Mississippi and files with the IRS under EIN 582020318. It is classified under NTEE code A800.
How many years of IRS 990 filings does Mississippi Heritage Trust have?
Mississippi Heritage Trust 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 $667K in total revenue.
Filing History
IRS 990 filing history for Mississippi Heritage Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mississippi Heritage Trust's revenue has grown by 572.9%, moving from $133K to $897K. Total assets increased by 884.1% over the same period, from $101K to $991K. Total functional expenses rose by 78.8%, from $261K to $466K. In its most recent filing year (2023), Mississippi Heritage Trust reported a surplus of $431K, with revenue exceeding expenses. The organization holds $103K in liabilities against $991K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $888K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $897K | $466K | $991K | $103K | — | — |
| 2022 | $601K | $435K | $559K | $110K | — | View 990 |
| 2021 | $350K | $339K | $461K | $178K | — | View 990 |
| 2020 | $395K | $230K | $466K | $194K | — | View 990 |
| 2019 | $333K | $209K | $274K | $186K | — | View 990 |
| 2018 | $238K | $240K | $107K | $144K | — | View 990 |
| 2017 | $145K | $193K | $105K | $140K | — | View 990 |
| 2016 | $267K | $357K | $141K | $128K | — | View 990 |
| 2015 | $395K | $346K | $226K | $124K | — | View 990 |
| 2014 | $80K | $143K | $157K | $104K | — | View 990 |
| 2013 | $211K | $146K | $176K | $59K | — | View 990 |
| 2012 | $180K | $197K | $137K | $84K | — | View 990 |
| 2011 | $133K | $261K | $101K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $897K, expenses of $466K, and assets of $991K (revenue +49.4% year-over-year).
- 2022: Revenue of $601K, expenses of $435K, and assets of $559K (revenue +71.8% year-over-year).
- 2021: Revenue of $350K, expenses of $339K, and assets of $461K (revenue -11.5% year-over-year).
- 2020: Revenue of $395K, expenses of $230K, and assets of $466K (revenue +18.6% year-over-year).
- 2019: Revenue of $333K, expenses of $209K, and assets of $274K (revenue +39.9% year-over-year).
- 2018: Revenue of $238K, expenses of $240K, and assets of $107K (revenue +64.6% year-over-year).
- 2017: Revenue of $145K, expenses of $193K, and assets of $105K (revenue -45.9% year-over-year).
- 2016: Revenue of $267K, expenses of $357K, and assets of $141K (revenue -32.3% year-over-year).
- 2015: Revenue of $395K, expenses of $346K, and assets of $226K (revenue +396.5% year-over-year).
- 2014: Revenue of $80K, expenses of $143K, and assets of $157K (revenue -62.2% year-over-year).
- 2013: Revenue of $211K, expenses of $146K, and assets of $176K (revenue +17.1% year-over-year).
- 2012: Revenue of $180K, expenses of $197K, and assets of $137K (revenue +34.9% year-over-year).
- 2011: Revenue of $133K, expenses of $261K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Heritage Trust:
Data Sources and Methodology
This transparency report for Mississippi Heritage Trust 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.