Nics Care Foundation
EIN: 274258865 · Southaven, MS · NTEE: X112
Is Nics Care Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nics Care Foundation
Nics Care Foundation (EIN: 274258865) is a nonprofit organization based in Southaven, MS, classified under NTEE code X112. The organization reported total revenue of $1.1M and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nics Care Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nics Care Foundation is a mid-size nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $500K |
| Total Expenses | $0 |
| Surplus / Deficit | +$500K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2024, Nics Care Foundation reported a surplus of $500K with revenue exceeding expenses.
Financial Trends
Over 14 years of filings (2011–2024), Nics Care Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +135.2% | -100.0% | -100.0% |
| 2023 | -80.3% | +25.9% | +12.3% |
| 2022 | +38.8% | +5.1% | -5.3% |
| 2021 | +11.1% | +8.4% | +24.8% |
| 2020 | +3.0% | +651.9% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nics Care Foundation 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 Nics Care Foundation 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:
Frequently Asked Questions about Nics Care Foundation
Is Nics Care Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nics Care Foundation (EIN: 274258865) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nics Care Foundation spend its money?
Detailed spending breakdown data is not yet available for Nics Care Foundation. Check back for updated IRS 990 analysis.
Are donations to Nics Care Foundation tax-deductible?
Nics Care Foundation is registered as a tax-exempt nonprofit (EIN: 274258865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nics Care Foundation located?
Nics Care Foundation is headquartered in Southaven, Mississippi and files with the IRS under EIN 274258865. It is classified under NTEE code X112.
How many years of IRS 990 filings does Nics Care Foundation have?
Nics Care Foundation has 14 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Nics Care Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Nics Care Foundation's revenue has declined by 23.5%, moving from $653K to $500K. Total assets decreased by 100% over the same period, from $644K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $500K | $0 | $0 | $0 | — | View 990 |
| 2023 | $213K | $312K | $7.5M | $0 | — | View 990 |
| 2022 | $1.1M | $248K | $6.7M | $0 | — | View 990 |
| 2021 | $776K | $236K | $7.1M | $0 | — | — |
| 2020 | $698K | $218K | $5.7M | $0 | — | View 990 |
| 2019 | $678K | $29K | $5.4M | $0 | — | View 990 |
| 2018 | $636K | $38K | $4.6M | $0 | — | View 990 |
| 2017 | $682K | $29K | $4.0M | $0 | — | View 990 |
| 2016 | $429K | $25K | $3.3M | $0 | — | View 990 |
| 2015 | $627K | $22K | $2.9M | $0 | — | View 990 |
| 2014 | $568K | $17K | $2.4M | $0 | — | View 990 |
| 2013 | $582K | $14K | $1.8M | $0 | — | View 990 |
| 2012 | $527K | $15K | $1.2M | $0 | — | View 990 |
| 2011 | $653K | $0 | $644K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $500K, expenses of $0, and assets of $0 (revenue +135.2% year-over-year).
- 2023: Revenue of $213K, expenses of $312K, and assets of $7.5M (revenue -80.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $248K, and assets of $6.7M (revenue +38.8% year-over-year).
- 2021: Revenue of $776K, expenses of $236K, and assets of $7.1M (revenue +11.1% year-over-year).
- 2020: Revenue of $698K, expenses of $218K, and assets of $5.7M (revenue +3.0% year-over-year).
- 2019: Revenue of $678K, expenses of $29K, and assets of $5.4M (revenue +6.5% year-over-year).
- 2018: Revenue of $636K, expenses of $38K, and assets of $4.6M (revenue -6.6% year-over-year).
- 2017: Revenue of $682K, expenses of $29K, and assets of $4.0M (revenue +58.8% year-over-year).
- 2016: Revenue of $429K, expenses of $25K, and assets of $3.3M (revenue -31.6% year-over-year).
- 2015: Revenue of $627K, expenses of $22K, and assets of $2.9M (revenue +10.5% year-over-year).
- 2014: Revenue of $568K, expenses of $17K, and assets of $2.4M (revenue -2.5% year-over-year).
- 2013: Revenue of $582K, expenses of $14K, and assets of $1.8M (revenue +10.5% year-over-year).
- 2012: Revenue of $527K, expenses of $15K, and assets of $1.2M (revenue -19.4% year-over-year).
- 2011: Revenue of $653K, expenses of $0, and assets of $644K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nics Care Foundation:
Data Sources and Methodology
This transparency report for Nics Care Foundation 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.