Northwest Mississippi Association Of Realtors
EIN: 640785694 · Nesbit, MS · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $250K |
| Net Assets | $827K |
Is Northwest Mississippi Association Of Realtors Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northwest Mississippi Association Of Realtors
Northwest Mississippi Association Of Realtors (EIN: 640785694) is a nonprofit organization based in Nesbit, MS, classified under NTEE code S41. The organization reported total revenue of $273K and total assets of $953K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwest Mississippi Association Of Realtors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwest Mississippi Association Of Realtors is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $250K |
| Surplus / Deficit | $-2,961 |
| Total Assets | $972K |
| Total Liabilities | $145K |
| Net Assets | $827K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 46.7 months |
Financial Health Grade: B
In 2023, Northwest Mississippi Association Of Realtors reported a deficit of $3K with expenses exceeding revenue, holds 46.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +25.5% | +1.4% |
| 2022 | +11.0% | +26.1% | +4.8% |
| 2021 | +11.4% | +2.2% | -21.9% |
| 2020 | +21.3% | -21.3% | +6.0% |
| 2019 | +13.5% | +17.1% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northwest Mississippi Association Of Realtors 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 Northwest Mississippi Association Of Realtors 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:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Frequently Asked Questions about Northwest Mississippi Association Of Realtors
Is Northwest Mississippi Association Of Realtors a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwest Mississippi Association Of Realtors (EIN: 640785694) insufficient data. 0 red flags identified, 0 strengths noted.
How does Northwest Mississippi Association Of Realtors spend its money?
Detailed spending breakdown data is not yet available for Northwest Mississippi Association Of Realtors. Check back for updated IRS 990 analysis.
Are donations to Northwest Mississippi Association Of Realtors tax-deductible?
Northwest Mississippi Association Of Realtors is registered as a tax-exempt nonprofit (EIN: 640785694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northwest Mississippi Association Of Realtors located?
Northwest Mississippi Association Of Realtors is headquartered in Nesbit, Mississippi and files with the IRS under EIN 640785694. It is classified under NTEE code S41.
How many years of IRS 990 filings does Northwest Mississippi Association Of Realtors have?
Northwest Mississippi Association Of Realtors 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 $273K in total revenue.
Filing History
IRS 990 filing history for Northwest Mississippi Association Of Realtors showing financial trends over 13 years of public records:
Total assets decreased by 6.8% over the same period, from $1.0M to $972K. Total functional expenses rose by 186.9%, from $87K to $250K. In its most recent filing year (2023), Northwest Mississippi Association Of Realtors reported a deficit of $3K, with expenses exceeding revenue. The organization holds $145K in liabilities against $972K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $827K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $250K | $972K | $145K | — | — |
| 2022 | $231K | $199K | $958K | $129K | — | View 990 |
| 2021 | $208K | $158K | $914K | $116K | — | View 990 |
| 2020 | $186K | $155K | $1.2M | $422K | — | — |
| 2019 | $154K | $196K | $1.1M | $388K | — | — |
| 2018 | $135K | $168K | $1.1M | $337K | — | View 990 |
| 2017 | $79K | $140K | $1.1M | $306K | — | View 990 |
| 2016 | $118K | $127K | $1.1M | $215K | — | View 990 |
| 2015 | $119K | $110K | $1.1M | $271K | — | View 990 |
| 2014 | $111K | $103K | $1.1M | $251K | — | View 990 |
| 2013 | $100K | $71K | $1.1M | $236K | — | View 990 |
| 2012 | $100K | $89K | $1.0M | $229K | — | View 990 |
| 2011 | $-54,439 | $87K | $1.0M | $240K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $250K, and assets of $972K (revenue +7.1% year-over-year).
- 2022: Revenue of $231K, expenses of $199K, and assets of $958K (revenue +11.0% year-over-year).
- 2021: Revenue of $208K, expenses of $158K, and assets of $914K (revenue +11.4% year-over-year).
- 2020: Revenue of $186K, expenses of $155K, and assets of $1.2M (revenue +21.3% year-over-year).
- 2019: Revenue of $154K, expenses of $196K, and assets of $1.1M (revenue +13.5% year-over-year).
- 2018: Revenue of $135K, expenses of $168K, and assets of $1.1M (revenue +71.8% year-over-year).
- 2017: Revenue of $79K, expenses of $140K, and assets of $1.1M (revenue -33.5% year-over-year).
- 2016: Revenue of $118K, expenses of $127K, and assets of $1.1M (revenue -0.6% year-over-year).
- 2015: Revenue of $119K, expenses of $110K, and assets of $1.1M (revenue +7.0% year-over-year).
- 2014: Revenue of $111K, expenses of $103K, and assets of $1.1M (revenue +11.2% year-over-year).
- 2013: Revenue of $100K, expenses of $71K, and assets of $1.1M (revenue +0.1% year-over-year).
- 2012: Revenue of $100K, expenses of $89K, and assets of $1.0M.
- 2011: Revenue of $-54,439, expenses of $87K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwest Mississippi Association Of Realtors:
Data Sources and Methodology
This transparency report for Northwest Mississippi Association Of Realtors 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.