Mississippi Minority Business Alliance
EIN: 721369493 · Jackson, MS · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $185K |
| Net Assets | $31K |
Is Mississippi Minority Business Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi Minority Business Alliance
Mississippi Minority Business Alliance (EIN: 721369493) is a nonprofit organization based in Jackson, MS, classified under NTEE code S40. The organization reported total revenue of $155K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Minority Business Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Minority Business Alliance is a small nonprofit that has been operating for 28 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $185K |
| Surplus / Deficit | $-29,641 |
| Total Assets | $32K |
| Total Liabilities | $457 |
| Net Assets | $31K |
| Operating Margin | -19.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2017, Mississippi Minority Business Alliance reported a deficit of $30K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Mississippi Minority Business Alliance's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +3.4% | -0.7% | -54.4% |
| 2016 | +50.6% | +62.1% | -30.2% |
| 2015 | -15.7% | -1.2% | -13.3% |
| 2014 | +51.3% | +7.7% | +3.6% |
| 2013 | -27.2% | -15.2% | -21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mississippi Minority Business Alliance 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 Minority Business Alliance 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Mississippi Minority Business Alliance
Is Mississippi Minority Business Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Mississippi Minority Business Alliance (EIN: 721369493) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mississippi Minority Business Alliance spend its money?
Detailed spending breakdown data is not yet available for Mississippi Minority Business Alliance. Check back for updated IRS 990 analysis.
Are donations to Mississippi Minority Business Alliance tax-deductible?
Mississippi Minority Business Alliance is registered as a tax-exempt nonprofit (EIN: 721369493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mississippi Minority Business Alliance located?
Mississippi Minority Business Alliance is headquartered in Jackson, Mississippi and files with the IRS under EIN 721369493. It is classified under NTEE code S40.
How many years of IRS 990 filings does Mississippi Minority Business Alliance have?
Mississippi Minority Business Alliance has 7 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 $155K in total revenue.
Filing History
IRS 990 filing history for Mississippi Minority Business Alliance showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Mississippi Minority Business Alliance's revenue has grown by 91.2%, moving from $81K to $155K. Total assets decreased by 80.3% over the same period, from $161K to $32K. Total functional expenses rose by 68.2%, from $110K to $185K. In its most recent filing year (2017), Mississippi Minority Business Alliance reported a deficit of $30K, with expenses exceeding revenue. The organization holds $457 in liabilities against $32K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $155K | $185K | $32K | $457 | — | View 990 |
| 2016 | $150K | $186K | $69K | $8K | — | — |
| 2015 | $100K | $115K | $99K | $2K | — | View 990 |
| 2014 | $118K | $116K | $115K | $2K | — | View 990 |
| 2013 | $78K | $108K | $111K | $0 | — | View 990 |
| 2012 | $107K | $127K | $140K | $0 | — | View 990 |
| 2011 | $81K | $110K | $161K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $155K, expenses of $185K, and assets of $32K (revenue +3.4% year-over-year).
- 2016: Revenue of $150K, expenses of $186K, and assets of $69K (revenue +50.6% year-over-year).
- 2015: Revenue of $100K, expenses of $115K, and assets of $99K (revenue -15.7% year-over-year).
- 2014: Revenue of $118K, expenses of $116K, and assets of $115K (revenue +51.3% year-over-year).
- 2013: Revenue of $78K, expenses of $108K, and assets of $111K (revenue -27.2% year-over-year).
- 2012: Revenue of $107K, expenses of $127K, and assets of $140K (revenue +32.1% year-over-year).
- 2011: Revenue of $81K, expenses of $110K, and assets of $161K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Minority Business Alliance:
Data Sources and Methodology
This transparency report for Mississippi Minority Business Alliance 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.