South Mississippi Elite Youth Association
South Mississippi Elite Youth Association maintains stable assets and zero liabilities with no officer compensation.
EIN: 208966667 · Hattiesburg, MS · NTEE: N62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $40K |
| Program Spending | 85% |
| Net Assets | $28K |
| Transparency Score | 85/100 |
Is South Mississippi Elite Youth Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Mississippi Elite Youth Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Mississippi Elite Youth Association
South Mississippi Elite Youth Association (EIN: 208966667) is a nonprofit organization based in Hattiesburg, MS, classified under NTEE code N62. The organization reported total revenue of $33K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Mississippi Elite Youth Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Mississippi Elite Youth Association is a micro nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $40K |
| Surplus / Deficit | $-3,970 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -11.2% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, South Mississippi Elite Youth Association reported a deficit of $4K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), South Mississippi Elite Youth Association's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.4% | +75.1% | -12.5% |
| 2022 | +3.7% | -18.1% | +23.4% |
| 2021 | +233.1% | +763.6% | +-0.0% |
| 2020 | -77.9% | -91.7% | +24.6% |
| 2019 | -7.6% | +0.6% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates South Mississippi Elite Youth Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, South Mississippi Elite Youth Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all seven filing periods, indicating that no funds are allocated to executive salaries, which is highly favorable for a small organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for South Mississippi Elite Youth Association:
- Consistent IRS 990 filing history (7 filings) demonstrating transparency.
- Zero reported liabilities across all filing periods, indicating strong financial management.
- 0% officer compensation reported, ensuring funds are directed to programs.
- Assets have shown a general upward trend, from $19,201 in 2017 to $28,728 currently, indicating financial stability.
Frequently Asked Questions about South Mississippi Elite Youth Association
Is South Mississippi Elite Youth Association a legitimate charity?
South Mississippi Elite Youth Association (EIN: 208966667) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $33K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does South Mississippi Elite Youth Association spend its money?
South Mississippi Elite Youth Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to South Mississippi Elite Youth Association tax-deductible?
South Mississippi Elite Youth Association is registered as a tax-exempt nonprofit (EIN: 208966667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of South Mississippi Elite Youth Association's spending goes to programs?
South Mississippi Elite Youth Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South Mississippi Elite Youth Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), South Mississippi Elite Youth Association is above average for NTEE category N62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Mississippi Elite Youth Association located?
South Mississippi Elite Youth Association is headquartered in Hattiesburg, Mississippi and files with the IRS under EIN 208966667. It is classified under NTEE code N62.
How many years of IRS 990 filings does South Mississippi Elite Youth Association have?
South Mississippi Elite Youth Association has 7 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 $33K in total revenue.
Is South Mississippi Elite Youth Association a good charity?
Based on the available data, South Mississippi Elite Youth Association appears to be a good charity. It demonstrates financial stability with growing assets ($19,201 in 2017 to $28,728 currently), zero liabilities, and a strong commitment to transparency through consistent IRS 990 filings. Crucially, it reports 0% officer compensation, meaning all funds are directed towards its mission.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated over the past seven years, ranging from a low of $8,277 in 202012 to a high of $44,146 in 201712. The latest reported revenue for 202312 was $35,575, showing a recovery from the 2020 low.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all seven IRS 990 filings, indicating it operates without debt.
Filing History
IRS 990 filing history for South Mississippi Elite Youth Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), South Mississippi Elite Youth Association's revenue has declined by 19.4%, moving from $44K to $36K. Total assets increased by 44.5% over the same period, from $19K to $28K. Total functional expenses fell by 11.2%, from $45K to $40K. In its most recent filing year (2023), South Mississippi Elite Youth Association reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $40K | $28K | $0 | — | View 990 |
| 2022 | $29K | $23K | $32K | $0 | — | View 990 |
| 2021 | $28K | $28K | $26K | $0 | — | — |
| 2020 | $8K | $3K | $26K | $0 | — | View 990 |
| 2019 | $37K | $38K | $21K | $0 | — | View 990 |
| 2018 | $41K | $38K | $22K | $0 | — | View 990 |
| 2017 | $44K | $45K | $19K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $40K, and assets of $28K (revenue +24.4% year-over-year).
- 2022: Revenue of $29K, expenses of $23K, and assets of $32K (revenue +3.7% year-over-year).
- 2021: Revenue of $28K, expenses of $28K, and assets of $26K (revenue +233.1% year-over-year).
- 2020: Revenue of $8K, expenses of $3K, and assets of $26K (revenue -77.9% year-over-year).
- 2019: Revenue of $37K, expenses of $38K, and assets of $21K (revenue -7.6% year-over-year).
- 2018: Revenue of $41K, expenses of $38K, and assets of $22K (revenue -8.1% year-over-year).
- 2017: Revenue of $44K, expenses of $45K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Mississippi Elite Youth Association:
Data Sources and Methodology
This transparency report for South Mississippi Elite Youth 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.