Northeast Ms Cutting Horseassociation
Northeast Ms Cutting Horseassociation maintains stable finances with zero officer compensation and no liabilities.
EIN: 204628550 · Corinth, MS · NTEE: K26 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $74K |
| Program Spending | 90% |
| Net Assets | $14K |
| Transparency Score | 85/100 |
Is Northeast Ms Cutting Horseassociation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeast Ms Cutting Horseassociation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northeast Ms Cutting Horseassociation
Northeast Ms Cutting Horseassociation (EIN: 204628550) is a nonprofit organization based in Corinth, MS, classified under NTEE code K26. The organization reported total revenue of $86K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Ms Cutting Horseassociation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Ms Cutting Horseassociation is a micro nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $74K |
| Surplus / Deficit | +$3K |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | 4.5% |
| Months of Reserves | 2.3 months |
Financial Health Grade: A
In 2023, Northeast Ms Cutting Horseassociation reported a surplus of $3K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2023), Northeast Ms Cutting Horseassociation's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.6% | +99.4% | +87.9% |
| 2020 | -4.4% | -8.1% | +0.4% |
| 2019 | -56.2% | -58.4% | -16.6% |
| 2018 | -6.2% | +10.7% | -47.5% |
| 2017 | +1.9% | -2.0% | +67.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northeast Ms Cutting Horseassociation with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Northeast Ms Cutting Horseassociation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through non-salary means, which is highly efficient for a small organization.
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 Northeast Ms Cutting Horseassociation:
- Consistent reporting of zero liabilities across all filings.
- 0% officer compensation, indicating highly efficient use of funds.
- Stable financial health with expenses generally in line with revenue.
- Robust IRS 990 filing history, demonstrating transparency.
- Modest but consistent asset growth over the past decade.
Frequently Asked Questions about Northeast Ms Cutting Horseassociation
Is Northeast Ms Cutting Horseassociation a legitimate charity?
Northeast Ms Cutting Horseassociation (EIN: 204628550) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Northeast Ms Cutting Horseassociation spend its money?
Northeast Ms Cutting Horseassociation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Northeast Ms Cutting Horseassociation tax-deductible?
Northeast Ms Cutting Horseassociation is registered as a tax-exempt nonprofit (EIN: 204628550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northeast Ms Cutting Horseassociation's spending goes to programs?
Northeast Ms Cutting Horseassociation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northeast Ms Cutting Horseassociation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Northeast Ms Cutting Horseassociation is above average for NTEE category K26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northeast Ms Cutting Horseassociation located?
Northeast Ms Cutting Horseassociation is headquartered in Corinth, Mississippi and files with the IRS under EIN 204628550. It is classified under NTEE code K26.
How many years of IRS 990 filings does Northeast Ms Cutting Horseassociation have?
Northeast Ms Cutting Horseassociation has 11 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 $86K in total revenue.
Is Northeast Ms Cutting Horseassociation a good charity?
Based on the available financial data, the organization appears to be a good charity. It consistently operates without liabilities, reports zero officer compensation, and maintains a stable financial position, suggesting efficient use of funds.
How does the organization manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership likely operates on a volunteer basis, or any compensation is below the reporting threshold for officers, which is a significant indicator of dedication and efficiency.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over the past decade, increasing from $5,656 in 2012 to $14,460 in 2023, indicating modest financial growth and stability.
Filing History
IRS 990 filing history for Northeast Ms Cutting Horseassociation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Northeast Ms Cutting Horseassociation's revenue has grown by 7.8%, moving from $72K to $78K. Total assets increased by 78% over the same period, from $8K to $14K. Total functional expenses rose by 3.4%, from $72K to $74K. In its most recent filing year (2023), Northeast Ms Cutting Horseassociation reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $74K | $14K | $0 | — | — |
| 2020 | $37K | $37K | $8K | $0 | — | View 990 |
| 2019 | $39K | $41K | $8K | $0 | — | View 990 |
| 2018 | $89K | $98K | $9K | $0 | — | View 990 |
| 2017 | $95K | $88K | $17K | $0 | — | View 990 |
| 2016 | $93K | $90K | $10K | $0 | — | View 990 |
| 2015 | $90K | $90K | $7K | $0 | — | View 990 |
| 2014 | $107K | $109K | $7K | $0 | — | View 990 |
| 2013 | $92K | $88K | $9K | $0 | — | View 990 |
| 2012 | $71K | $74K | $6K | $0 | — | View 990 |
| 2011 | $72K | $72K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $74K, and assets of $14K (revenue +108.6% year-over-year).
- 2020: Revenue of $37K, expenses of $37K, and assets of $8K (revenue -4.4% year-over-year).
- 2019: Revenue of $39K, expenses of $41K, and assets of $8K (revenue -56.2% year-over-year).
- 2018: Revenue of $89K, expenses of $98K, and assets of $9K (revenue -6.2% year-over-year).
- 2017: Revenue of $95K, expenses of $88K, and assets of $17K (revenue +1.9% year-over-year).
- 2016: Revenue of $93K, expenses of $90K, and assets of $10K (revenue +3.6% year-over-year).
- 2015: Revenue of $90K, expenses of $90K, and assets of $7K (revenue -15.6% year-over-year).
- 2014: Revenue of $107K, expenses of $109K, and assets of $7K (revenue +16.5% year-over-year).
- 2013: Revenue of $92K, expenses of $88K, and assets of $9K (revenue +28.5% year-over-year).
- 2012: Revenue of $71K, expenses of $74K, and assets of $6K (revenue -1.2% year-over-year).
- 2011: Revenue of $72K, expenses of $72K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Ms Cutting Horseassociation:
Data Sources and Methodology
This transparency report for Northeast Ms Cutting Horseassociation 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.