Neighborhood Development Corporation
EIN: 640894608 · Tupelo, MS · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $20K |
| Net Assets | $969K |
Is Neighborhood Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Neighborhood Development Corporation
Neighborhood Development Corporation (EIN: 640894608) is a nonprofit organization based in Tupelo, MS, classified under NTEE code L20. The organization reported total revenue of $1.2M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Development Corporation is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -1326.4% | +367.9% | -19.4% |
| 2019 | -123.1% | -68.9% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Neighborhood Development 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 Neighborhood Development 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 (2023)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Neighborhood Development Corporation
Is Neighborhood Development Corporation a legitimate charity?
Neighborhood Development Corporation (EIN: 640894608) is a registered tax-exempt nonprofit based in Mississippi. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does Neighborhood Development Corporation spend its money?
Neighborhood Development Corporation reported $1.2M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Neighborhood Development Corporation tax-deductible?
Neighborhood Development Corporation is registered as a tax-exempt nonprofit (EIN: 640894608). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Neighborhood Development Corporation located?
Neighborhood Development Corporation is headquartered in Tupelo, Mississippi and files with the IRS under EIN 640894608. It is classified under NTEE code L20.
How many years of IRS 990 filings does Neighborhood Development Corporation have?
Neighborhood Development Corporation 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Neighborhood Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Neighborhood Development Corporation's revenue has declined by 111.7%, moving from $396K to $-46,120. Total assets increased by 451.4% over the same period, from $176K to $969K. Total functional expenses fell by 94.5%, from $360K to $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-46,120 | $20K | $969K | $0 | — | View 990 |
| 2022 | $-8,635 | $399K | $1.0M | $0 | — | View 990 |
| 2021 | $-301,287 | $46K | $1.4M | $0 | — | View 990 |
| 2020 | $25K | $10K | $1.8M | $0 | — | View 990 |
| 2019 | $-18,933 | $41K | $1.8M | $0 | — | View 990 |
| 2018 | $82K | $132K | $1.8M | $0 | — | View 990 |
| 2017 | $313K | $89K | $1.9M | $2K | — | View 990 |
| 2016 | $281K | $147K | $1.7M | $4K | — | View 990 |
| 2015 | $246K | $101K | $1.5M | $4K | — | View 990 |
| 2014 | $995K | $207K | $1.4M | $8K | — | View 990 |
| 2013 | $703K | $222K | $603K | $8K | — | View 990 |
| 2012 | $247K | $297K | $127K | $13K | — | View 990 |
| 2011 | $396K | $360K | $176K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-46,120, expenses of $20K, and assets of $969K.
- 2022: Revenue of $-8,635, expenses of $399K, and assets of $1.0M.
- 2021: Revenue of $-301,287, expenses of $46K, and assets of $1.4M (revenue -1326.4% year-over-year).
- 2020: Revenue of $25K, expenses of $10K, and assets of $1.8M.
- 2019: Revenue of $-18,933, expenses of $41K, and assets of $1.8M (revenue -123.1% year-over-year).
- 2018: Revenue of $82K, expenses of $132K, and assets of $1.8M (revenue -73.8% year-over-year).
- 2017: Revenue of $313K, expenses of $89K, and assets of $1.9M (revenue +11.2% year-over-year).
- 2016: Revenue of $281K, expenses of $147K, and assets of $1.7M (revenue +14.3% year-over-year).
- 2015: Revenue of $246K, expenses of $101K, and assets of $1.5M (revenue -75.2% year-over-year).
- 2014: Revenue of $995K, expenses of $207K, and assets of $1.4M (revenue +41.5% year-over-year).
- 2013: Revenue of $703K, expenses of $222K, and assets of $603K (revenue +184.2% year-over-year).
- 2012: Revenue of $247K, expenses of $297K, and assets of $127K (revenue -37.5% year-over-year).
- 2011: Revenue of $396K, expenses of $360K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Development Corporation:
Data Sources and Methodology
This transparency report for Neighborhood Development 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.