International Midwife Assistance Inc

Is International Midwife Assistance Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

International Midwife Assistance Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About International Midwife Assistance Inc

International Midwife Assistance Inc (EIN: 101180860) is a nonprofit organization based in Longmont, CO, classified under NTEE code E60. The organization reported total revenue of $116K and total assets of $382K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Midwife Assistance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Midwife Assistance Inc with a Mission Score of 92 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: 7%
• programs: 90%
• fundraising: 3%

According to IRS 990 filings, International Midwife Assistance Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its 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 International Midwife Assistance Inc:

• Significant revenue growth in the latest fiscal year (202312 revenue of $1,661,803).
• Consistent reporting of 0% officer compensation across all filings.
• Strong financial health with a substantial surplus in 202312 ($1,661,803 revenue vs. $868,121 expenses).
• Substantial increase in assets, reaching $953,519 in 202312.
• Long history of IRS 990 filings (13 periods) indicating transparency.

Frequently Asked Questions about International Midwife Assistance Inc

Filing History

IRS 990 filing history for International Midwife Assistance Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), International Midwife Assistance Inc's revenue has grown by 363.3%, moving from $359K to $1.7M. Total assets increased by 1574.7% over the same period, from $57K to $954K. Total functional expenses rose by 129.3%, from $379K to $868K. In its most recent filing year (2023), International Midwife Assistance Inc reported a surplus of $794K, with revenue exceeding expenses. The organization holds $5K in liabilities against $954K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $949K.

Year-by-Year Financial Summary

• 2023: Revenue of $1.7M, expenses of $868K, and assets of $954K (revenue +140.3% year-over-year).
• 2022: Revenue of $691K, expenses of $772K, and assets of $157K (revenue -10.6% year-over-year).
• 2021: Revenue of $773K, expenses of $750K, and assets of $239K (revenue +80.9% year-over-year).
• 2020: Revenue of $427K, expenses of $449K, and assets of $26K (revenue -9.4% year-over-year).
• 2019: Revenue of $472K, expenses of $462K, and assets of $32K (revenue +17.4% year-over-year).
• 2018: Revenue of $402K, expenses of $392K, and assets of $40K (revenue +16.3% year-over-year).
• 2017: Revenue of $345K, expenses of $371K, and assets of $18K (revenue -0.7% year-over-year).
• 2016: Revenue of $348K, expenses of $350K, and assets of $36K (revenue -14.6% year-over-year).
• 2015: Revenue of $407K, expenses of $399K, and assets of $38K (revenue +30.3% year-over-year).
• 2014: Revenue of $313K, expenses of $346K, and assets of $31K (revenue -29.2% year-over-year).
• 2013: Revenue of $441K, expenses of $452K, and assets of $62K (revenue -7.3% year-over-year).
• 2012: Revenue of $476K, expenses of $423K, and assets of $107K (revenue +32.7% year-over-year).
• 2011: Revenue of $359K, expenses of $379K, and assets of $57K.

Data Sources and Methodology

This transparency report for International Midwife Assistance 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.