Mississippi Sports Medicine Foundation
EIN: 640869099 · Jackson, MS · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $380K |
| Net Assets | $1.1M |
Is Mississippi Sports Medicine Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi Sports Medicine Foundation
Mississippi Sports Medicine Foundation (EIN: 640869099) is a nonprofit organization based in Jackson, MS, classified under NTEE code B82Z. The organization reported total revenue of $308K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Sports Medicine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Sports Medicine Foundation is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $380K |
| Surplus / Deficit | $-122,304 |
| Total Assets | $1.1M |
| Total Liabilities | $29K |
| Net Assets | $1.1M |
| Operating Margin | -47.5% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 34.5 months |
Financial Health Grade: B
In 2023, Mississippi Sports Medicine Foundation reported a deficit of $122K with expenses exceeding revenue, holds 34.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mississippi Sports Medicine Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.3% | +23.3% | +2.5% |
| 2022 | -21.4% | -15.3% | -21.4% |
| 2021 | +167.2% | +525.2% | +16.3% |
| 2020 | -43.9% | -82.5% | +14.1% |
| 2019 | +122.9% | +33.8% | -19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mississippi Sports Medicine Foundation 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 Sports Medicine Foundation 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 deficit of $122K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Mississippi Sports Medicine Foundation
Is Mississippi Sports Medicine Foundation a legitimate charity?
Mississippi Sports Medicine Foundation (EIN: 640869099) is a registered tax-exempt nonprofit based in Mississippi. It has 10 years of IRS 990 filings on record. Total revenue: $308K. No red flags identified. Financial health grade: B.
How does Mississippi Sports Medicine Foundation spend its money?
Mississippi Sports Medicine Foundation reported $308K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mississippi Sports Medicine Foundation tax-deductible?
Mississippi Sports Medicine Foundation is registered as a tax-exempt nonprofit (EIN: 640869099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mississippi Sports Medicine Foundation located?
Mississippi Sports Medicine Foundation is headquartered in Jackson, Mississippi and files with the IRS under EIN 640869099. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Mississippi Sports Medicine Foundation have?
Mississippi Sports Medicine Foundation has 10 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 $308K in total revenue.
Filing History
IRS 990 filing history for Mississippi Sports Medicine Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mississippi Sports Medicine Foundation's revenue has grown by 324%, moving from $61K to $258K. Total assets decreased by 19.4% over the same period, from $1.4M to $1.1M. Total functional expenses rose by 216.1%, from $120K to $380K. In its most recent filing year (2023), Mississippi Sports Medicine Foundation reported a deficit of $122K, with expenses exceeding revenue. The organization holds $29K in liabilities against $1.1M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $380K | $1.1M | $29K | — | View 990 |
| 2022 | $300K | $308K | $1.1M | $28K | — | View 990 |
| 2021 | $382K | $364K | $1.4M | $28K | — | View 990 |
| 2020 | $143K | $58K | $1.2M | $20K | — | View 990 |
| 2019 | $255K | $332K | $1.0M | $21K | — | View 990 |
| 2015 | $114K | $248K | $1.3M | $6K | — | View 990 |
| 2014 | $138K | $210K | $1.5M | $6K | — | View 990 |
| 2013 | $209K | $166K | $1.6M | $8K | — | View 990 |
| 2012 | $65K | $121K | $1.4M | $0 | — | View 990 |
| 2011 | $61K | $120K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $380K, and assets of $1.1M (revenue -14.3% year-over-year).
- 2022: Revenue of $300K, expenses of $308K, and assets of $1.1M (revenue -21.4% year-over-year).
- 2021: Revenue of $382K, expenses of $364K, and assets of $1.4M (revenue +167.2% year-over-year).
- 2020: Revenue of $143K, expenses of $58K, and assets of $1.2M (revenue -43.9% year-over-year).
- 2019: Revenue of $255K, expenses of $332K, and assets of $1.0M (revenue +122.9% year-over-year).
- 2015: Revenue of $114K, expenses of $248K, and assets of $1.3M (revenue -17.0% year-over-year).
- 2014: Revenue of $138K, expenses of $210K, and assets of $1.5M (revenue -34.0% year-over-year).
- 2013: Revenue of $209K, expenses of $166K, and assets of $1.6M (revenue +218.9% year-over-year).
- 2012: Revenue of $65K, expenses of $121K, and assets of $1.4M (revenue +7.8% year-over-year).
- 2011: Revenue of $61K, expenses of $120K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Sports Medicine Foundation:
Data Sources and Methodology
This transparency report for Mississippi Sports Medicine Foundation 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.