Ripley Mississippi Main Street Association Inc
EIN: 640948154 · Ripley, MS · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $326K |
| Total Expenses | $117K |
| Net Assets | $394K |
Is Ripley Mississippi Main Street Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ripley Mississippi Main Street Association Inc
Ripley Mississippi Main Street Association Inc (EIN: 640948154) is a nonprofit organization based in Ripley, MS, classified under NTEE code S41. The organization reported total revenue of $326K and total assets of $444K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ripley Mississippi Main Street Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ripley Mississippi Main Street Association Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $450K |
| Total Expenses | $117K |
| Surplus / Deficit | +$333K |
| Total Assets | $405K |
| Total Liabilities | $11K |
| Net Assets | $394K |
| Operating Margin | 74.1% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 41.7 months |
Financial Health Grade: A
In 2023, Ripley Mississippi Main Street Association Inc reported a surplus of $333K with revenue exceeding expenses, holds 41.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ripley Mississippi Main Street Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +196.5% | -14.2% | +552.7% |
| 2022 | -22.1% | -19.0% | +15.5% |
| 2021 | +184.6% | +182.0% | +169.0% |
| 2020 | +7.6% | -10.6% | +68.1% |
| 2019 | -8.0% | -2.7% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ripley Mississippi Main Street Association Inc 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 Ripley Mississippi Main Street Association Inc 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 surplus of $333K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Ripley Mississippi Main Street Association Inc
Is Ripley Mississippi Main Street Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ripley Mississippi Main Street Association Inc (EIN: 640948154) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ripley Mississippi Main Street Association Inc spend its money?
Detailed spending breakdown data is not yet available for Ripley Mississippi Main Street Association Inc. Check back for updated IRS 990 analysis.
Are donations to Ripley Mississippi Main Street Association Inc tax-deductible?
Ripley Mississippi Main Street Association Inc is registered as a tax-exempt nonprofit (EIN: 640948154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ripley Mississippi Main Street Association Inc located?
Ripley Mississippi Main Street Association Inc is headquartered in Ripley, Mississippi and files with the IRS under EIN 640948154. It is classified under NTEE code S41.
How many years of IRS 990 filings does Ripley Mississippi Main Street Association Inc have?
Ripley Mississippi Main Street Association Inc 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 $326K in total revenue.
Filing History
IRS 990 filing history for Ripley Mississippi Main Street Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ripley Mississippi Main Street Association Inc's revenue has grown by 408.6%, moving from $88K to $450K. Total assets increased by 1964.9% over the same period, from $20K to $405K. Total functional expenses rose by 22.3%, from $95K to $117K. In its most recent filing year (2023), Ripley Mississippi Main Street Association Inc reported a surplus of $333K, with revenue exceeding expenses. The organization holds $11K in liabilities against $405K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $394K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $450K | $117K | $405K | $11K | — | — |
| 2022 | $152K | $136K | $62K | $2K | — | View 990 |
| 2021 | $195K | $168K | $54K | $9K | — | View 990 |
| 2020 | $68K | $60K | $20K | $2K | — | View 990 |
| 2019 | $64K | $67K | $12K | $3K | — | View 990 |
| 2018 | $69K | $68K | $13K | $3K | — | View 990 |
| 2017 | $44K | $42K | $11K | $2K | — | View 990 |
| 2016 | $49K | $58K | $11K | $3K | — | View 990 |
| 2015 | $52K | $43K | $20K | $3K | — | View 990 |
| 2014 | $64K | $68K | $14K | $5K | — | View 990 |
| 2013 | $78K | $82K | $18K | $6K | — | View 990 |
| 2012 | $73K | $78K | $22K | $9K | — | View 990 |
| 2011 | $88K | $95K | $20K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $450K, expenses of $117K, and assets of $405K (revenue +196.5% year-over-year).
- 2022: Revenue of $152K, expenses of $136K, and assets of $62K (revenue -22.1% year-over-year).
- 2021: Revenue of $195K, expenses of $168K, and assets of $54K (revenue +184.6% year-over-year).
- 2020: Revenue of $68K, expenses of $60K, and assets of $20K (revenue +7.6% year-over-year).
- 2019: Revenue of $64K, expenses of $67K, and assets of $12K (revenue -8.0% year-over-year).
- 2018: Revenue of $69K, expenses of $68K, and assets of $13K (revenue +55.5% year-over-year).
- 2017: Revenue of $44K, expenses of $42K, and assets of $11K (revenue -9.4% year-over-year).
- 2016: Revenue of $49K, expenses of $58K, and assets of $11K (revenue -6.5% year-over-year).
- 2015: Revenue of $52K, expenses of $43K, and assets of $20K (revenue -18.4% year-over-year).
- 2014: Revenue of $64K, expenses of $68K, and assets of $14K (revenue -17.1% year-over-year).
- 2013: Revenue of $78K, expenses of $82K, and assets of $18K (revenue +6.0% year-over-year).
- 2012: Revenue of $73K, expenses of $78K, and assets of $22K (revenue -17.2% year-over-year).
- 2011: Revenue of $88K, expenses of $95K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ripley Mississippi Main Street Association Inc:
Data Sources and Methodology
This transparency report for Ripley Mississippi Main Street Association Inc 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.