Media Financial Management Association

Media Financial Management Association maintains stable operations with no reported officer compensation, despite a recent deficit.

EIN: 131984011 · Lexington, KY · NTEE: B82Z · Updated: 2026-03-28

$1.3MRevenue
$631KAssets
85/100Mission Score (Excellent)
B82Z
Media Financial Management Association Financial Summary
MetricValue
Total Revenue$1.3M
Total Expenses$1.4M
Program Spending80%
Net Assets$145K
Transparency Score85/100

Is Media Financial Management Association Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Media Financial Management Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Media Financial Management Association

Media Financial Management Association (EIN: 131984011) is a nonprofit organization based in Lexington, KY, classified under NTEE code B82Z. The organization reported total revenue of $1.3M and total assets of $631K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Media Financial Management Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Media Financial Management Association is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.3M
Total Expenses$1.4M
Surplus / Deficit$-154,752
Total Assets$427K
Total Liabilities$282K
Net Assets$145K
Operating Margin-12.1%
Debt-to-Asset Ratio66.0%
Months of Reserves3.6 months

Financial Health Grade: C

In 2023, Media Financial Management Association reported a deficit of $155K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 66.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Media Financial Management Association's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+7.8%+27.3%-25.4%
2022+22.1%+25.2%-1.8%
2021+6.8%-1.0%+12.3%
2020-29.7%-31.5%+13.8%
2019-4.9%+0.8%-6.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1991

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Media Financial Management Association (MFM) demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. In the latest period (202309), the organization reported revenues of $1,275,965 against expenses of $1,430,717, indicating a deficit for that year. However, prior years like 202209 showed a surplus ($1,183,881 revenue vs. $1,123,855 expenses), suggesting a generally stable operational model. The organization's assets have fluctuated, reaching a high of $582,541 in 202109 and standing at $427,041 in 202309, which appears reasonable given its revenue scale. MFM exhibits strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. While specific program spending details are not provided in the summary data, the consistent revenue and expense levels suggest a stable operational footprint. The organization's NTEE code B82Z (Professional Societies & Associations) aligns with its name, indicating a focus on serving its professional membership. Overall, MFM appears to be a financially stable organization with a good track record of managing its resources. The absence of officer compensation is a notable strength in terms of transparency and resource allocation. While the 202309 deficit warrants attention, it does not negate the overall pattern of sound financial management observed in previous years. Further analysis of detailed expense categories would provide a more granular understanding of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Media Financial Management Association with a Mission Score of 85 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

According to IRS 990 filings, Media Financial Management Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.3MTotal Revenue
$1.4MTotal Expenses
$427KTotal Assets
$282KTotal Liabilities
$145KNet Assets

Executive Compensation Analysis

The Media Financial Management Association reports 0% officer compensation across all available filings, indicating that its leadership is either uncompensated or compensated through non-officer roles, which is highly favorable for resource allocation relative to 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.

Red Flags

The following concerns were identified during AI analysis of Media Financial Management Association's IRS 990 filings:

Strengths

The following positive indicators were identified for Media Financial Management Association:

Frequently Asked Questions about Media Financial Management Association

Is Media Financial Management Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Media Financial Management Association (EIN: 131984011) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

How does Media Financial Management Association spend its money?

Media Financial Management Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Media Financial Management Association tax-deductible?

Media Financial Management Association is registered as a tax-exempt nonprofit (EIN: 131984011). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Media Financial Management Association's spending goes to programs?

Media Financial Management Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Media Financial Management Association compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Media Financial Management Association is above average for NTEE category B82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Media Financial Management Association located?

Media Financial Management Association is headquartered in Lexington, Kentucky and files with the IRS under EIN 131984011. It is classified under NTEE code B82Z.

How many years of IRS 990 filings does Media Financial Management Association have?

Media Financial Management Association 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 $1.3M in total revenue.

Is Media Financial Management Association financially stable?

Yes, generally. While the 202309 period showed a deficit ($1,275,965 revenue vs. $1,430,717 expenses), the organization has historically maintained revenues close to or exceeding expenses, as seen in 202209 ($1,183,881 revenue vs. $1,123,855 expenses) and other prior years, indicating overall stability.

How does Media Financial Management Association manage executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, suggesting that its top leadership is either volunteer or compensated through other means not classified as officer compensation, which is a strong indicator of efficient resource use.

What is the trend in Media Financial Management Association's assets?

Assets have fluctuated but remained within a consistent range, from a low of $363,456 in 201509 to a high of $582,541 in 202109, and most recently at $427,041 in 202309, indicating a stable asset base relative to its operations.

Filing History

IRS 990 filing history for Media Financial Management Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Media Financial Management Association's revenue has grown by 5.6%, moving from $1.2M to $1.3M. Total assets increased by 85.7% over the same period, from $230K to $427K. Total functional expenses rose by 24.8%, from $1.1M to $1.4M. In its most recent filing year (2023), Media Financial Management Association reported a deficit of $155K, with expenses exceeding revenue. The organization holds $282K in liabilities against $427K in assets (debt-to-asset ratio: 66.0%), resulting in net assets of $145K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.3M $1.4M $427K $282K View 990
2022 $1.2M $1.1M $572K $272K View 990
2021 $969K $898K $583K $343K View 990
2020 $907K $907K $519K $351K View 990
2019 $1.3M $1.3M $456K $288K View 990
2018 $1.4M $1.3M $489K $290K View 990
2017 $1.3M $1.3M $389K $234K View 990
2016 $1.2M $1.2M $382K $259K View 990
2015 $1.3M $1.2M $363K $282K View 990
2014 $1.3M $1.2M $364K $316K View 990
2013 $1.3M $1.2M $337K $332K View 990
2012 $1.3M $1.3M $258K $309K View 990
2011 $1.2M $1.1M $230K $307K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Media Financial Management Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Media Financial Management Association 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.

Other Nonprofits in Kentucky

Explore more nonprofits based in Kentucky with AI-powered transparency reports.

View all Kentucky nonprofits →

Similar Organizations (NTEE B82Z)

Other nonprofits classified under NTEE code B82Z.

View all B82Z nonprofits →

Explore Related Nonprofits

Browse by State