The Arc Of The Mid South
EIN: 620673808 · Memphis, TN
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.5M |
| Net Assets | $1.0M |
Is The Arc Of The Mid South Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Arc Of The Mid South
The Arc Of The Mid South (EIN: 620673808) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $2.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Arc Of The Mid South's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Arc Of The Mid South is a mid-size nonprofit that has been operating for 64 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 | $2.6M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$53K |
| Total Assets | $1.3M |
| Total Liabilities | $311K |
| Net Assets | $1.0M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 23.6% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, The Arc Of The Mid South reported a surplus of $53K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Arc Of The Mid South's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.6% | -3.4% | +20.7% |
| 2022 | +37.8% | +14.0% | +6.7% |
| 2021 | -9.7% | -6.6% | +16.6% |
| 2020 | -5.8% | -2.6% | +68.8% |
| 2019 | +1.3% | -3.5% | +41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Arc Of The Mid South 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 The Arc Of The Mid South 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 $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.6%.
Frequently Asked Questions about The Arc Of The Mid South
Is The Arc Of The Mid South a legitimate charity?
The Arc Of The Mid South (EIN: 620673808) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. Financial health grade: A.
How does The Arc Of The Mid South spend its money?
The Arc Of The Mid South reported $2.9M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Arc Of The Mid South tax-deductible?
The Arc Of The Mid South is registered as a tax-exempt nonprofit (EIN: 620673808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Arc Of The Mid South located?
The Arc Of The Mid South is headquartered in Memphis, Tennessee and files with the IRS under EIN 620673808.
How many years of IRS 990 filings does The Arc Of The Mid South have?
The Arc Of The Mid South 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for The Arc Of The Mid South showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Arc Of The Mid South's revenue has declined by 8.2%, moving from $2.8M to $2.6M. Total assets increased by 119.7% over the same period, from $600K to $1.3M. Total functional expenses fell by 13.1%, from $2.9M to $2.5M. In its most recent filing year (2023), The Arc Of The Mid South reported a surplus of $53K, with revenue exceeding expenses. The organization holds $311K in liabilities against $1.3M in assets (debt-to-asset ratio: 23.6%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.5M | $1.3M | $311K | — | View 990 |
| 2022 | $3.2M | $2.6M | $1.1M | $138K | — | View 990 |
| 2021 | $2.3M | $2.3M | $1.0M | $663K | — | — |
| 2020 | $2.6M | $2.5M | $878K | $550K | — | View 990 |
| 2019 | $2.7M | $2.5M | $520K | $265K | — | View 990 |
| 2018 | $2.7M | $2.6M | $368K | $327K | — | View 990 |
| 2017 | $2.8M | $2.9M | $325K | $373K | — | View 990 |
| 2016 | $2.7M | $2.7M | $308K | $307K | — | View 990 |
| 2015 | $2.8M | $2.8M | $246K | $207K | — | View 990 |
| 2014 | $2.6M | $2.7M | $239K | $157K | — | View 990 |
| 2013 | $2.5M | $2.6M | $308K | $144K | — | View 990 |
| 2012 | $2.7M | $2.7M | $342K | $87K | — | View 990 |
| 2011 | $2.8M | $2.9M | $600K | $97K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.5M, and assets of $1.3M (revenue -19.6% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.6M, and assets of $1.1M (revenue +37.8% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.3M, and assets of $1.0M (revenue -9.7% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.5M, and assets of $878K (revenue -5.8% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.5M, and assets of $520K (revenue +1.3% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.6M, and assets of $368K (revenue -3.3% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.9M, and assets of $325K (revenue +5.6% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $308K (revenue -4.9% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $246K (revenue +6.4% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.7M, and assets of $239K (revenue +4.5% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.6M, and assets of $308K (revenue -5.4% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $342K (revenue -6.0% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.9M, and assets of $600K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Arc Of The Mid South:
Data Sources and Methodology
This transparency report for The Arc Of The Mid South 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.