Salem Villages Of Tennessee Mrdd Inc
EIN: 621476599 · Winston Salem, NC · NTEE: P70
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.6M |
| Net Assets | $-2,588,258 |
Is Salem Villages Of Tennessee Mrdd Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salem Villages Of Tennessee Mrdd Inc
Salem Villages Of Tennessee Mrdd Inc (EIN: 621476599) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code P70. The organization reported total revenue of $2.4M and total assets of $422K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salem Villages Of Tennessee Mrdd Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salem Villages Of Tennessee Mrdd Inc is a mid-size nonprofit that has been operating for 28 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-205,477 |
| Total Assets | $496K |
| Total Liabilities | $3.1M |
| Net Assets | $-2,588,258 |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 621.7% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2015, Salem Villages Of Tennessee Mrdd Inc reported a deficit of $205K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 621.7% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Salem Villages Of Tennessee Mrdd Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +0.9% | -1.8% | -6.7% |
| 2014 | -1.6% | +2.2% | -11.1% |
| 2013 | -0.6% | +0.1% | -6.9% |
| 2012 | -0.3% | -0.7% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salem Villages Of Tennessee Mrdd 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 Salem Villages Of Tennessee Mrdd 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $205K, with expenses exceeding revenue.
- Debt-to-asset ratio: 621.7%.
Frequently Asked Questions about Salem Villages Of Tennessee Mrdd Inc
Is Salem Villages Of Tennessee Mrdd Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Salem Villages Of Tennessee Mrdd Inc (EIN: 621476599) insufficient data. 0 red flags identified, 0 strengths noted.
How does Salem Villages Of Tennessee Mrdd Inc spend its money?
Detailed spending breakdown data is not yet available for Salem Villages Of Tennessee Mrdd Inc. Check back for updated IRS 990 analysis.
Are donations to Salem Villages Of Tennessee Mrdd Inc tax-deductible?
Salem Villages Of Tennessee Mrdd Inc is registered as a tax-exempt nonprofit (EIN: 621476599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salem Villages Of Tennessee Mrdd Inc located?
Salem Villages Of Tennessee Mrdd Inc is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 621476599. It is classified under NTEE code P70.
How many years of IRS 990 filings does Salem Villages Of Tennessee Mrdd Inc have?
Salem Villages Of Tennessee Mrdd Inc has 5 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Salem Villages Of Tennessee Mrdd Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Salem Villages Of Tennessee Mrdd Inc's revenue has declined by 1.6%, moving from $2.5M to $2.4M. Total assets decreased by 31.3% over the same period, from $722K to $496K. Total functional expenses fell by 0.2%, from $2.6M to $2.6M. In its most recent filing year (2015), Salem Villages Of Tennessee Mrdd Inc reported a deficit of $205K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $496K in assets (debt-to-asset ratio: 621.7%), resulting in net assets of $-2,588,258.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2.4M | $2.6M | $496K | $3.1M | — | View 990 |
| 2014 | $2.4M | $2.7M | $532K | $2.9M | — | View 990 |
| 2013 | $2.4M | $2.6M | $598K | $2.7M | — | View 990 |
| 2012 | $2.5M | $2.6M | $642K | $2.6M | — | View 990 |
| 2011 | $2.5M | $2.6M | $722K | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2.4M, expenses of $2.6M, and assets of $496K (revenue +0.9% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.7M, and assets of $532K (revenue -1.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.6M, and assets of $598K (revenue -0.6% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.6M, and assets of $642K (revenue -0.3% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.6M, and assets of $722K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salem Villages Of Tennessee Mrdd Inc:
Data Sources and Methodology
This transparency report for Salem Villages Of Tennessee Mrdd 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.