Mead Educational Foundation Inc
EIN: 470772626 · Mead, NE · NTEE: B99Z
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $79K |
| Net Assets | $1.4M |
Is Mead Educational Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mead Educational Foundation Inc
Mead Educational Foundation Inc (EIN: 470772626) is a nonprofit organization based in Mead, NE, classified under NTEE code B99Z. The organization reported total revenue of $70K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mead Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mead Educational Foundation Inc is a micro nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $553K |
| Total Expenses | $79K |
| Surplus / Deficit | +$473K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 85.7% |
| Months of Reserves | 208.3 months |
Financial Health Grade: A
In 2023, Mead Educational Foundation Inc reported a surplus of $473K with revenue exceeding expenses, holds 208.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mead Educational Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +311.4% | +30.3% | +47.0% |
| 2022 | +248.0% | +121.8% | +11.8% |
| 2021 | +10.9% | +11.6% | +5.8% |
| 2020 | -5.2% | +4.1% | -1.1% |
| 2019 | +13.7% | -12.1% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mead Educational Foundation Inc 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 Mead Educational Foundation Inc 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 $473K, with revenue exceeding expenses.
Frequently Asked Questions about Mead Educational Foundation Inc
Is Mead Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mead Educational Foundation Inc (EIN: 470772626) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mead Educational Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Mead Educational Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Mead Educational Foundation Inc tax-deductible?
Mead Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 470772626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mead Educational Foundation Inc located?
Mead Educational Foundation Inc is headquartered in Mead, Nebraska and files with the IRS under EIN 470772626. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Mead Educational Foundation Inc have?
Mead Educational Foundation Inc 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 $70K in total revenue.
Filing History
IRS 990 filing history for Mead Educational Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mead Educational Foundation Inc's revenue has grown by 807.9%, moving from $61K to $553K. Total assets increased by 104.3% over the same period, from $672K to $1.4M. Total functional expenses rose by 38.5%, from $57K to $79K. In its most recent filing year (2023), Mead Educational Foundation Inc reported a surplus of $473K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $553K | $79K | $1.4M | $0 | — | — |
| 2022 | $134K | $61K | $934K | $0 | — | View 990 |
| 2021 | $39K | $27K | $836K | $0 | — | View 990 |
| 2020 | $35K | $25K | $790K | $0 | — | — |
| 2019 | $37K | $24K | $799K | $0 | — | View 990 |
| 2018 | $32K | $27K | $721K | $0 | — | View 990 |
| 2017 | $48K | $25K | $767K | $0 | — | View 990 |
| 2016 | $36K | $36K | $725K | $0 | — | View 990 |
| 2015 | $43K | $29K | $682K | $0 | — | View 990 |
| 2014 | $21K | $21K | $678K | $0 | — | View 990 |
| 2013 | $40K | $48K | $668K | $0 | — | View 990 |
| 2012 | $30K | $47K | $668K | $0 | — | View 990 |
| 2011 | $61K | $57K | $672K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $553K, expenses of $79K, and assets of $1.4M (revenue +311.4% year-over-year).
- 2022: Revenue of $134K, expenses of $61K, and assets of $934K (revenue +248.0% year-over-year).
- 2021: Revenue of $39K, expenses of $27K, and assets of $836K (revenue +10.9% year-over-year).
- 2020: Revenue of $35K, expenses of $25K, and assets of $790K (revenue -5.2% year-over-year).
- 2019: Revenue of $37K, expenses of $24K, and assets of $799K (revenue +13.7% year-over-year).
- 2018: Revenue of $32K, expenses of $27K, and assets of $721K (revenue -32.1% year-over-year).
- 2017: Revenue of $48K, expenses of $25K, and assets of $767K (revenue +30.6% year-over-year).
- 2016: Revenue of $36K, expenses of $36K, and assets of $725K (revenue -16.0% year-over-year).
- 2015: Revenue of $43K, expenses of $29K, and assets of $682K (revenue +110.6% year-over-year).
- 2014: Revenue of $21K, expenses of $21K, and assets of $678K (revenue -49.1% year-over-year).
- 2013: Revenue of $40K, expenses of $48K, and assets of $668K (revenue +33.1% year-over-year).
- 2012: Revenue of $30K, expenses of $47K, and assets of $668K (revenue -50.1% year-over-year).
- 2011: Revenue of $61K, expenses of $57K, and assets of $672K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mead Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Mead Educational Foundation 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.