National Douglass Alumni Corporation
EIN: 582018688 · Memphis, TN
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $71K |
| Net Assets | $39K |
Is National Douglass Alumni Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Douglass Alumni Corporation
National Douglass Alumni Corporation (EIN: 582018688) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $77K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Douglass Alumni Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Douglass Alumni Corporation is a micro nonprofit that has been operating for 33 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of -17.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $71K |
| Surplus / Deficit | $-9,686 |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | -15.8% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2024, National Douglass Alumni Corporation reported a deficit of $10K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2022–2024), National Douglass Alumni Corporation's revenue has declined at a compound annual growth rate (CAGR) of -17.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.1% | +14.6% | -20.0% |
| 2023 | -37.3% | -26.0% | -9.8% |
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 National Douglass Alumni Corporation 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 National Douglass Alumni Corporation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about National Douglass Alumni Corporation
Is National Douglass Alumni Corporation a legitimate charity?
National Douglass Alumni Corporation (EIN: 582018688) is a registered tax-exempt nonprofit based in Tennessee. It has 3 years of IRS 990 filings on record. Total revenue: $77K. No red flags identified. Financial health grade: B.
How does National Douglass Alumni Corporation spend its money?
National Douglass Alumni Corporation reported $77K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to National Douglass Alumni Corporation tax-deductible?
National Douglass Alumni Corporation is registered as a tax-exempt nonprofit (EIN: 582018688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Douglass Alumni Corporation located?
National Douglass Alumni Corporation is headquartered in Memphis, Tennessee and files with the IRS under EIN 582018688.
How many years of IRS 990 filings does National Douglass Alumni Corporation have?
National Douglass Alumni Corporation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $77K in total revenue.
Filing History
IRS 990 filing history for National Douglass Alumni Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), National Douglass Alumni Corporation's revenue has declined by 32.2%, moving from $91K to $61K. Total assets decreased by 27.8% over the same period, from $54K to $39K. Total functional expenses fell by 15.2%, from $84K to $71K. In its most recent filing year (2024), National Douglass Alumni Corporation reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $61K | $71K | $39K | $0 | — | — |
| 2023 | $57K | $62K | $48K | $0 | — | View 990 |
| 2022 | $91K | $84K | $54K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $61K, expenses of $71K, and assets of $39K (revenue +8.1% year-over-year).
- 2023: Revenue of $57K, expenses of $62K, and assets of $48K (revenue -37.3% year-over-year).
- 2022: Revenue of $91K, expenses of $84K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Douglass Alumni Corporation:
Data Sources and Methodology
This transparency report for National Douglass Alumni Corporation 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.