Mlk Community Development Corporaton
EIN: 474145926 · Laurel, MS · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $4K |
| Net Assets | $10K |
Is Mlk Community Development Corporaton Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mlk Community Development Corporaton
Mlk Community Development Corporaton (EIN: 474145926) is a nonprofit organization based in Laurel, MS, classified under NTEE code P20. The organization reported total revenue of $8K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mlk Community Development Corporaton's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mlk Community Development Corporaton is a micro nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $4K |
| Surplus / Deficit | +$4K |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | 48.3% |
| Months of Reserves | 29.4 months |
Financial Health Grade: A
In 2022, Mlk Community Development Corporaton reported a surplus of $4K with revenue exceeding expenses, holds 29.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2016–2022), Mlk Community Development Corporaton's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +42.2% | -29.7% | +2603.6% |
| 2021 | -6.0% | -0.2% | -8.9% |
| 2019 | -1.5% | -4.5% | +31.9% |
| 2018 | -12.9% | -6.2% | -38.7% |
| 2017 | +4.3% | -0.3% | +406.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mlk Community Development Corporaton 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 Mlk Community Development Corporaton 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Mlk Community Development Corporaton
Is Mlk Community Development Corporaton a legitimate charity?
Mlk Community Development Corporaton (EIN: 474145926) is a registered tax-exempt nonprofit based in Mississippi. It has 6 years of IRS 990 filings on record. Total revenue: $8K. No red flags identified. Financial health grade: A.
How does Mlk Community Development Corporaton spend its money?
Mlk Community Development Corporaton reported $8K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mlk Community Development Corporaton tax-deductible?
Mlk Community Development Corporaton is registered as a tax-exempt nonprofit (EIN: 474145926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mlk Community Development Corporaton located?
Mlk Community Development Corporaton is headquartered in Laurel, Mississippi and files with the IRS under EIN 474145926. It is classified under NTEE code P20.
How many years of IRS 990 filings does Mlk Community Development Corporaton have?
Mlk Community Development Corporaton has 6 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 $8K in total revenue.
Filing History
IRS 990 filing history for Mlk Community Development Corporaton showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2022), Mlk Community Development Corporaton's revenue has grown by 19.6%, moving from $6K to $8K. Total assets increased by 9982.3% over the same period, from $96 to $10K. Total functional expenses fell by 37.3%, from $6K to $4K. In its most recent filing year (2022), Mlk Community Development Corporaton reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $8K | $4K | $10K | $0 | — | View 990 |
| 2021 | $5K | $6K | $358 | $0 | — | — |
| 2019 | $6K | $6K | $393 | $0 | — | View 990 |
| 2018 | $6K | $6K | $298 | $0 | — | View 990 |
| 2017 | $7K | $6K | $486 | $0 | — | View 990 |
| 2016 | $6K | $6K | $96 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $8K, expenses of $4K, and assets of $10K (revenue +42.2% year-over-year).
- 2021: Revenue of $5K, expenses of $6K, and assets of $358 (revenue -6.0% year-over-year).
- 2019: Revenue of $6K, expenses of $6K, and assets of $393 (revenue -1.5% year-over-year).
- 2018: Revenue of $6K, expenses of $6K, and assets of $298 (revenue -12.9% year-over-year).
- 2017: Revenue of $7K, expenses of $6K, and assets of $486 (revenue +4.3% year-over-year).
- 2016: Revenue of $6K, expenses of $6K, and assets of $96.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mlk Community Development Corporaton:
Data Sources and Methodology
This transparency report for Mlk Community Development Corporaton 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.