Orange Mound Development Corporation
EIN: 621507096 · Memphis, TN
| Metric | Value |
|---|---|
| Total Expenses | $151K |
| Net Assets | $1.1M |
Is Orange Mound 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 Orange Mound Development Corporation
Orange Mound Development Corporation (EIN: 621507096) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orange Mound Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orange Mound Development Corporation is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -18.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $151K |
| Surplus / Deficit | $-70,432 |
| Total Assets | $1.3M |
| Total Liabilities | $215K |
| Net Assets | $1.1M |
| Operating Margin | -87.5% |
| Debt-to-Asset Ratio | 16.2% |
| Months of Reserves | 105.2 months |
Financial Health Grade: B
In 2016, Orange Mound Development Corporation reported a deficit of $70K with expenses exceeding revenue, holds 105.2 months of operating reserves (strong position), has a debt-to-asset ratio of 16.2% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2016), Orange Mound Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -28.8% | -41.3% | -4.9% |
| 2015 | -43.3% | +6.5% | -9.2% |
| 2014 | -67.5% | -57.3% | -4.2% |
| 2013 | +172.0% | +280.7% | -9.3% |
| 2012 | +1.3% | -4.2% | +4.7% |
AI Analysis Pending
AI enrichment for Orange Mound 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 Orange Mound 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.2%.
Frequently Asked Questions about Orange Mound Development Corporation
Is Orange Mound Development Corporation a legitimate charity?
Orange Mound Development Corporation (EIN: 621507096) is a registered tax-exempt nonprofit based in Tennessee. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Orange Mound Development Corporation spend its money?
Orange Mound Development Corporation reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Orange Mound Development Corporation tax-deductible?
Orange Mound Development Corporation is registered as a tax-exempt nonprofit (EIN: 621507096). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Orange Mound Development Corporation located?
Orange Mound Development Corporation is headquartered in Memphis, Tennessee and files with the IRS under EIN 621507096.
How many years of IRS 990 filings does Orange Mound Development Corporation have?
Orange Mound Development Corporation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Orange Mound Development Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Orange Mound Development Corporation's revenue has declined by 63.9%, moving from $223K to $81K. Total assets decreased by 21.4% over the same period, from $1.7M to $1.3M. Total functional expenses fell by 2.7%, from $155K to $151K. In its most recent filing year (2016), Orange Mound Development Corporation reported a deficit of $70K, with expenses exceeding revenue. The organization holds $215K in liabilities against $1.3M in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $81K | $151K | $1.3M | $215K | — | View 990 |
| 2015 | $113K | $257K | $1.4M | $223K | — | View 990 |
| 2014 | $200K | $241K | $1.5M | $219K | — | View 990 |
| 2013 | $615K | $565K | $1.6M | $63K | — | View 990 |
| 2012 | $226K | $149K | $1.8M | $52K | — | View 990 |
| 2011 | $223K | $155K | $1.7M | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $81K, expenses of $151K, and assets of $1.3M (revenue -28.8% year-over-year).
- 2015: Revenue of $113K, expenses of $257K, and assets of $1.4M (revenue -43.3% year-over-year).
- 2014: Revenue of $200K, expenses of $241K, and assets of $1.5M (revenue -67.5% year-over-year).
- 2013: Revenue of $615K, expenses of $565K, and assets of $1.6M (revenue +172.0% year-over-year).
- 2012: Revenue of $226K, expenses of $149K, and assets of $1.8M (revenue +1.3% year-over-year).
- 2011: Revenue of $223K, expenses of $155K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Orange Mound Development Corporation:
Data Sources and Methodology
This transparency report for Orange Mound 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.