Ncobps Inc
Ncobps Inc shows consistent revenue growth and strong financial stability with zero liabilities and no reported officer compensation.
EIN: 20370695 · Itta Bena, MS · NTEE: V24 · Updated: 2026-03-28
Is Ncobps Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ncobps Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ncobps Inc
Ncobps Inc (EIN: 20370695) is a nonprofit organization based in Itta Bena, MS, classified under NTEE code V24. The organization reported total revenue of $216K and total assets of $644K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ncobps Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ncobps Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ncobps Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Ncobps Inc:
- Consistent and significant revenue growth, from $117,291 in 2019 to $253,496 in 2023.
- Zero liabilities reported across all filing periods, indicating exceptional financial stability.
- Strong asset growth, increasing from $124,530 in 2014 to $534,649 in 2023.
- No reported officer compensation, suggesting high efficiency and dedication to mission.
- Consistent financial surpluses in recent years, such as $170,691 in 2023 ($253,496 revenue - $82,805 expenses).
Frequently Asked Questions about Ncobps Inc
Is Ncobps Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ncobps Inc (EIN: 20370695) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Ncobps Inc spend its money?
Ncobps Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ncobps Inc tax-deductible?
Ncobps Inc is registered as a tax-exempt nonprofit (EIN: 20370695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ncobps Inc a good charity?
Based on its financial data, Ncobps Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, zero liabilities, and no reported officer compensation, indicating efficient use of funds and a high dedication to its mission.
How has Ncobps Inc's financial health changed over time?
Ncobps Inc's financial health has significantly improved over time. Assets have grown from $124,530 in 2014 to $534,649 in 2023, and revenue has more than doubled in the last five years, from $117,291 in 2019 to $253,496 in 2023, while maintaining zero liabilities.
What is Ncobps Inc's approach to executive compensation?
Ncobps Inc has reported 0% officer compensation across all available filings, suggesting a strong commitment to minimizing administrative costs and potentially relying heavily on volunteer leadership.
Filing History
IRS 990 filing history for Ncobps Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ncobps Inc's revenue has grown by 421.1%, moving from $49K to $253K. Total assets increased by 391.1% over the same period, from $109K to $535K. Total functional expenses rose by 74.9%, from $47K to $83K. In its most recent filing year (2023), Ncobps Inc reported a surplus of $171K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $253K | $83K | $535K | $0 | — | — |
| 2022 | $195K | $106K | $364K | $0 | — | View 990 |
| 2021 | $153K | $77K | $274K | $0 | — | View 990 |
| 2020 | $111K | $89K | $198K | $0 | — | View 990 |
| 2019 | $117K | $94K | $175K | $0 | — | View 990 |
| 2018 | $116K | $93K | $152K | $0 | — | View 990 |
| 2017 | $89K | $91K | $129K | $0 | — | View 990 |
| 2016 | $80K | $81K | $130K | $0 | — | View 990 |
| 2015 | $77K | $70K | $131K | $0 | — | View 990 |
| 2014 | $108K | $91K | $125K | $0 | — | View 990 |
| 2013 | $75K | $69K | $102K | $0 | — | View 990 |
| 2012 | $63K | $77K | $96K | $0 | — | View 990 |
| 2011 | $49K | $47K | $109K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $253K, expenses of $83K, and assets of $535K (revenue +29.7% year-over-year).
- 2022: Revenue of $195K, expenses of $106K, and assets of $364K (revenue +27.6% year-over-year).
- 2021: Revenue of $153K, expenses of $77K, and assets of $274K (revenue +37.3% year-over-year).
- 2020: Revenue of $111K, expenses of $89K, and assets of $198K (revenue -5.0% year-over-year).
- 2019: Revenue of $117K, expenses of $94K, and assets of $175K (revenue +1.1% year-over-year).
- 2018: Revenue of $116K, expenses of $93K, and assets of $152K (revenue +29.9% year-over-year).
- 2017: Revenue of $89K, expenses of $91K, and assets of $129K (revenue +11.7% year-over-year).
- 2016: Revenue of $80K, expenses of $81K, and assets of $130K (revenue +4.3% year-over-year).
- 2015: Revenue of $77K, expenses of $70K, and assets of $131K (revenue -28.7% year-over-year).
- 2014: Revenue of $108K, expenses of $91K, and assets of $125K (revenue +43.3% year-over-year).
- 2013: Revenue of $75K, expenses of $69K, and assets of $102K (revenue +18.2% year-over-year).
- 2012: Revenue of $63K, expenses of $77K, and assets of $96K (revenue +30.4% year-over-year).
- 2011: Revenue of $49K, expenses of $47K, and assets of $109K.
Data Sources and Methodology
This transparency report for Ncobps Inc 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.