Meigs County-decatur Economic Development Corp is a 501(c)(6) organization based in Decatur, Tennessee, registered in 2010, with $17,553 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$18K
▼ 19.1% vs prior year
Community median: $184K
Expenses (FY2025)
$542
Net assets
$283K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Meigs County-decatur Economic Development Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Meigs County-decatur Economic Development Corp: 6262 mo reserves · +97% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Meigs County-decatur Economic Development Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Meigs County-decatur Economic Development Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $150K (FY2011) to $18K (FY2025) across 15 reported years.
Financial snapshot
Operating margin
96.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$283K
Net assets
$283K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $17,553▼19.1% | $542▼83.5% | $282,828▲6.4% | $282,828▲6.4% | 990EZ |
| 2024 | $21,704▼45.8% | $3,293▲1547% | $265,818▲7.4% | $265,818▲7.4% | 990EZ |
| 2023 | $40,029▲58.9% | $200▼85.2% | $247,407▲19.2% | $247,407▲19.2% | 990EZ |
| 2022 | $25,193▲503760% | $1,354▲96.2% | $207,578▲13.0% | $207,578▲13.0% | 990EZ |
| 2021 | $5▼37.5% | $690▼79.0% | $183,739▼0.4% | $183,739▼0.4% | 990EZ |
| 2020 | $8▼99.7% | $3,290▼73.5% | $184,424▼1.7% | $184,424▼6.3% | 990EZ |
| 2019 | $2,531▼76.5% | $12,394▲1136% | $187,706▼5.0% | $196,728▼6.1% | 990EZ |
| 2018 | $10,765▲346% | $1,003▼77.1% | $197,569▲5.2% | $209,607▼9.5% | 990EZ |
| 2017 | $2,414▲88.3% | $4,377▲448% | $187,807▼1.0% | $231,493▼13.6% | 990EZ |
| 2016 | $1,282▼80.1% | $798▼90.3% | $189,770▲0.3% | $267,981▼11.3% | 990EZ |
| 2015 | $6,458▼83.3% | $8,230▼81.4% | $189,286▼0.9% | $302,022▼12.3% | 990EZ |
| 2014 | $38,718▼92.8% | $44,291▼91.6% | $191,058▼2.8% | $344,472▲64.5% | 990EZ |
| 2013 | $538,731▲1317% | $524,858▲1197% | $196,631▲7.6% | $209,453▲0.8% | 990 |
| 2012 | $38,024▼74.7% | $40,471▲491% | $182,759▼1.9% | $207,887▼7.0% | 990EZ |
| 2011 | $150,051 | $6,845 | $186,206 | $223,643 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Meigs County-decatur Economic Development Corp (EIN 61-1585762) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.