Msw Projects Of Henry Illinois
EIN: 371238318 · Henry, IL
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $857K |
| Net Assets | $815K |
Is Msw Projects Of Henry Illinois Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Msw Projects Of Henry Illinois
Msw Projects Of Henry Illinois (EIN: 371238318) is a nonprofit organization based in Henry, IL. The organization reported total revenue of $1.0M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Msw Projects Of Henry Illinois's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Msw Projects Of Henry Illinois is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $938K |
| Total Expenses | $857K |
| Surplus / Deficit | +$81K |
| Total Assets | $845K |
| Total Liabilities | $30K |
| Net Assets | $815K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 11.8 months |
Financial Health Grade: A
In 2023, Msw Projects Of Henry Illinois reported a surplus of $81K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Msw Projects Of Henry Illinois's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | +14.3% | +10.8% |
| 2022 | +1.6% | +10.7% | +15.9% |
| 2021 | +9.4% | +4.1% | +31.5% |
| 2020 | +22.5% | +11.8% | +29.6% |
| 2019 | +3.0% | +3.2% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Msw Projects Of Henry Illinois 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 Msw Projects Of Henry Illinois 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 $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Msw Projects Of Henry Illinois
Is Msw Projects Of Henry Illinois a legitimate charity?
Msw Projects Of Henry Illinois (EIN: 371238318) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does Msw Projects Of Henry Illinois spend its money?
Msw Projects Of Henry Illinois reported $1.0M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Msw Projects Of Henry Illinois tax-deductible?
Msw Projects Of Henry Illinois is registered as a tax-exempt nonprofit (EIN: 371238318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Msw Projects Of Henry Illinois located?
Msw Projects Of Henry Illinois is headquartered in Henry, Illinois and files with the IRS under EIN 371238318.
How many years of IRS 990 filings does Msw Projects Of Henry Illinois have?
Msw Projects Of Henry Illinois 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Msw Projects Of Henry Illinois showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Msw Projects Of Henry Illinois's revenue has grown by 110.8%, moving from $445K to $938K. Total assets increased by 1072.9% over the same period, from $72K to $845K. Total functional expenses rose by 90.7%, from $449K to $857K. In its most recent filing year (2023), Msw Projects Of Henry Illinois reported a surplus of $81K, with revenue exceeding expenses. The organization holds $30K in liabilities against $845K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $815K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $938K | $857K | $845K | $30K | — | View 990 |
| 2022 | $843K | $750K | $763K | $29K | — | View 990 |
| 2021 | $830K | $677K | $658K | $17K | — | View 990 |
| 2020 | $759K | $650K | $500K | $12K | — | View 990 |
| 2019 | $619K | $582K | $386K | $6K | — | View 990 |
| 2018 | $601K | $564K | $346K | $4K | — | View 990 |
| 2017 | $579K | $540K | $312K | $8K | — | View 990 |
| 2016 | $585K | $523K | $278K | $13K | — | View 990 |
| 2015 | $616K | $579K | $207K | $3K | — | View 990 |
| 2014 | $568K | $542K | $172K | $5K | — | View 990 |
| 2013 | $534K | $502K | $144K | $4K | — | View 990 |
| 2012 | $495K | $454K | $113K | $4K | — | View 990 |
| 2011 | $445K | $449K | $72K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $938K, expenses of $857K, and assets of $845K (revenue +11.3% year-over-year).
- 2022: Revenue of $843K, expenses of $750K, and assets of $763K (revenue +1.6% year-over-year).
- 2021: Revenue of $830K, expenses of $677K, and assets of $658K (revenue +9.4% year-over-year).
- 2020: Revenue of $759K, expenses of $650K, and assets of $500K (revenue +22.5% year-over-year).
- 2019: Revenue of $619K, expenses of $582K, and assets of $386K (revenue +3.0% year-over-year).
- 2018: Revenue of $601K, expenses of $564K, and assets of $346K (revenue +3.9% year-over-year).
- 2017: Revenue of $579K, expenses of $540K, and assets of $312K (revenue -1.0% year-over-year).
- 2016: Revenue of $585K, expenses of $523K, and assets of $278K (revenue -5.0% year-over-year).
- 2015: Revenue of $616K, expenses of $579K, and assets of $207K (revenue +8.4% year-over-year).
- 2014: Revenue of $568K, expenses of $542K, and assets of $172K (revenue +6.5% year-over-year).
- 2013: Revenue of $534K, expenses of $502K, and assets of $144K (revenue +7.8% year-over-year).
- 2012: Revenue of $495K, expenses of $454K, and assets of $113K (revenue +11.3% year-over-year).
- 2011: Revenue of $445K, expenses of $449K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Msw Projects Of Henry Illinois:
Data Sources and Methodology
This transparency report for Msw Projects Of Henry Illinois 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.