Twin Forks Rising Community Development Corporation
EIN: 815096036 · Hattiesburg, MS · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $225K |
| Total Expenses | $318K |
| Net Assets | $0 |
Is Twin Forks Rising Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Twin Forks Rising Community Development Corporation
Twin Forks Rising Community Development Corporation (EIN: 815096036) is a nonprofit organization based in Hattiesburg, MS, classified under NTEE code S20. The organization reported total revenue of $225K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin Forks Rising Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twin Forks Rising Community Development Corporation is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $318K |
| Surplus / Deficit | $-102,243 |
| Total Assets | $4K |
| Total Liabilities | $4K |
| Net Assets | $0 |
| Operating Margin | -47.3% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2023, Twin Forks Rising Community Development Corporation reported a deficit of $102K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +127.6% | +24.3% | -76.1% |
| 2022 | -26.5% | +95.3% | -90.6% |
| 2021 | -12.6% | +55.6% | -5.3% |
| 2020 | -53.5% | -68.1% | +50.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Twin Forks Rising Community Development Corporation 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 Twin Forks Rising Community Development Corporation 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 $102K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Twin Forks Rising Community Development Corporation
Is Twin Forks Rising Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Twin Forks Rising Community Development Corporation (EIN: 815096036) insufficient data. 0 red flags identified, 0 strengths noted.
How does Twin Forks Rising Community Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Twin Forks Rising Community Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Twin Forks Rising Community Development Corporation tax-deductible?
Twin Forks Rising Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 815096036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Twin Forks Rising Community Development Corporation located?
Twin Forks Rising Community Development Corporation is headquartered in Hattiesburg, Mississippi and files with the IRS under EIN 815096036. It is classified under NTEE code S20.
How many years of IRS 990 filings does Twin Forks Rising Community Development Corporation have?
Twin Forks Rising Community Development Corporation has 6 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 $225K in total revenue.
Filing History
IRS 990 filing history for Twin Forks Rising Community Development Corporation showing financial trends over 6 years of public records:
Total assets decreased by 94.3% over the same period, from $71K to $4K. In its most recent filing year (2023), Twin Forks Rising Community Development Corporation reported a deficit of $102K, with expenses exceeding revenue. The organization holds $4K in liabilities against $4K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $216K | $318K | $4K | $4K | — | — |
| 2022 | $95K | $256K | $17K | $9K | — | View 990 |
| 2021 | $129K | $131K | $179K | $10K | — | View 990 |
| 2020 | $148K | $84K | $189K | $4K | — | — |
| 2019 | $318K | $265K | $126K | $3K | — | View 990 |
| 2018 | $0 | $0 | $71K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $216K, expenses of $318K, and assets of $4K (revenue +127.6% year-over-year).
- 2022: Revenue of $95K, expenses of $256K, and assets of $17K (revenue -26.5% year-over-year).
- 2021: Revenue of $129K, expenses of $131K, and assets of $179K (revenue -12.6% year-over-year).
- 2020: Revenue of $148K, expenses of $84K, and assets of $189K (revenue -53.5% year-over-year).
- 2019: Revenue of $318K, expenses of $265K, and assets of $126K.
- 2018: Revenue of $0, expenses of $0, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twin Forks Rising Community Development Corporation:
Data Sources and Methodology
This transparency report for Twin Forks Rising Community Development Corporation 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.