Rocky Mount Historical Association
EIN: 620674646 · Piney Flats, TN · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $589K |
| Total Expenses | $302K |
| Net Assets | $443K |
Is Rocky Mount Historical Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rocky Mount Historical Association
Rocky Mount Historical Association (EIN: 620674646) is a nonprofit organization based in Piney Flats, TN, classified under NTEE code A82Z. The organization reported total revenue of $589K and total assets of $720K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rocky Mount Historical Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rocky Mount Historical Association is a small nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $302K |
| Surplus / Deficit | $-45,681 |
| Total Assets | $486K |
| Total Liabilities | $43K |
| Net Assets | $443K |
| Operating Margin | -17.8% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 19.3 months |
Financial Health Grade: B
In 2023, Rocky Mount Historical Association reported a deficit of $46K with expenses exceeding revenue, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rocky Mount Historical Association's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.1% | +1.3% | +9.5% |
| 2022 | +61.6% | +16.9% | +65.3% |
| 2021 | +26.1% | +1.2% | +23.3% |
| 2020 | -2.0% | -8.7% | +9.8% |
| 2019 | -8.6% | +6.2% | -18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rocky Mount Historical Association 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 Rocky Mount Historical Association 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 $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.8%.
Frequently Asked Questions about Rocky Mount Historical Association
Is Rocky Mount Historical Association a legitimate charity?
Rocky Mount Historical Association (EIN: 620674646) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $589K. No red flags identified. Financial health grade: B.
How does Rocky Mount Historical Association spend its money?
Rocky Mount Historical Association reported $589K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rocky Mount Historical Association tax-deductible?
Rocky Mount Historical Association is registered as a tax-exempt nonprofit (EIN: 620674646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rocky Mount Historical Association located?
Rocky Mount Historical Association is headquartered in Piney Flats, Tennessee and files with the IRS under EIN 620674646. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Rocky Mount Historical Association have?
Rocky Mount Historical Association 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 $589K in total revenue.
Filing History
IRS 990 filing history for Rocky Mount Historical Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rocky Mount Historical Association's revenue has grown by 8.7%, moving from $236K to $256K. Total assets increased by 173.9% over the same period, from $177K to $486K. Total functional expenses rose by 27.7%, from $237K to $302K. In its most recent filing year (2023), Rocky Mount Historical Association reported a deficit of $46K, with expenses exceeding revenue. The organization holds $43K in liabilities against $486K in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $443K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $302K | $486K | $43K | — | — |
| 2022 | $476K | $298K | $444K | $20K | — | View 990 |
| 2021 | $294K | $255K | $268K | $22K | — | — |
| 2020 | $233K | $252K | $218K | $48K | — | View 990 |
| 2019 | $238K | $276K | $198K | $19K | — | View 990 |
| 2018 | $261K | $260K | $244K | $15K | — | View 990 |
| 2017 | $285K | $265K | $210K | $10K | — | View 990 |
| 2016 | $266K | $288K | $192K | $20K | — | View 990 |
| 2015 | $280K | $293K | $216K | $14K | — | View 990 |
| 2014 | $381K | $286K | $235K | $12K | — | View 990 |
| 2013 | $258K | $315K | $574K | $16K | — | View 990 |
| 2012 | $729K | $287K | $623K | $15K | — | View 990 |
| 2011 | $236K | $237K | $177K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $302K, and assets of $486K (revenue -46.1% year-over-year).
- 2022: Revenue of $476K, expenses of $298K, and assets of $444K (revenue +61.6% year-over-year).
- 2021: Revenue of $294K, expenses of $255K, and assets of $268K (revenue +26.1% year-over-year).
- 2020: Revenue of $233K, expenses of $252K, and assets of $218K (revenue -2.0% year-over-year).
- 2019: Revenue of $238K, expenses of $276K, and assets of $198K (revenue -8.6% year-over-year).
- 2018: Revenue of $261K, expenses of $260K, and assets of $244K (revenue -8.7% year-over-year).
- 2017: Revenue of $285K, expenses of $265K, and assets of $210K (revenue +7.4% year-over-year).
- 2016: Revenue of $266K, expenses of $288K, and assets of $192K (revenue -5.1% year-over-year).
- 2015: Revenue of $280K, expenses of $293K, and assets of $216K (revenue -26.5% year-over-year).
- 2014: Revenue of $381K, expenses of $286K, and assets of $235K (revenue +47.5% year-over-year).
- 2013: Revenue of $258K, expenses of $315K, and assets of $574K (revenue -64.5% year-over-year).
- 2012: Revenue of $729K, expenses of $287K, and assets of $623K (revenue +209.1% year-over-year).
- 2011: Revenue of $236K, expenses of $237K, and assets of $177K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rocky Mount Historical Association:
Data Sources and Methodology
This transparency report for Rocky Mount Historical Association 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.