Metropolitan Business League
EIN: 540836123 · Richmond, VA
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $951K |
| Net Assets | $200K |
Is Metropolitan Business League Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Metropolitan Business League
Metropolitan Business League (EIN: 540836123) is a nonprofit organization based in Richmond, VA. The organization reported total revenue of $283K and total assets of $861K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metropolitan Business League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metropolitan Business League is a small nonprofit that has been operating for 52 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $951K |
| Surplus / Deficit | $-689,299 |
| Total Assets | $238K |
| Total Liabilities | $38K |
| Net Assets | $200K |
| Operating Margin | -263.2% |
| Debt-to-Asset Ratio | 16.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Metropolitan Business League reported a deficit of $689K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 16.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Metropolitan Business League's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.4% | +53.3% | +78.2% |
| 2022 | -38.1% | +38.5% | -9.8% |
| 2021 | +415.4% | +26.3% | +90.2% |
| 2020 | -27.9% | +44.2% | +232.5% |
| 2019 | +75.9% | +89.8% | +576.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Metropolitan Business League 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 Metropolitan Business League 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 $689K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.0%.
Frequently Asked Questions about Metropolitan Business League
Is Metropolitan Business League a legitimate charity?
Metropolitan Business League (EIN: 540836123) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $283K. No red flags identified. Financial health grade: B.
How does Metropolitan Business League spend its money?
Metropolitan Business League reported $283K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Metropolitan Business League tax-deductible?
Metropolitan Business League is registered as a tax-exempt nonprofit (EIN: 540836123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Metropolitan Business League located?
Metropolitan Business League is headquartered in Richmond, Virginia and files with the IRS under EIN 540836123.
How many years of IRS 990 filings does Metropolitan Business League have?
Metropolitan Business League has 14 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 $283K in total revenue.
Filing History
IRS 990 filing history for Metropolitan Business League showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Metropolitan Business League's revenue has declined by 11.3%, moving from $295K to $262K. Total assets decreased by 31.6% over the same period, from $349K to $238K. Total functional expenses rose by 194.9%, from $323K to $951K. In its most recent filing year (2023), Metropolitan Business League reported a deficit of $689K, with expenses exceeding revenue. The organization holds $38K in liabilities against $238K in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $200K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $951K | $238K | $38K | — | — |
| 2022 | $199K | $621K | $134K | $28K | — | View 990 |
| 2021 | $322K | $448K | $148K | $23K | — | View 990 |
| 2020 | $62K | $355K | $78K | $152K | — | — |
| 2019 | $87K | $246K | $23K | $84K | — | View 990 |
| 2018 | $49K | $130K | $3K | $112K | — | View 990 |
| 2017 | $276K | $222K | $61K | $203K | — | View 990 |
| 2016 | $271K | $248K | $17K | $206K | — | View 990 |
| 2015 | $352K | $389K | $4K | $217K | — | View 990 |
| 2014 | $319K | $357K | $285K | $425K | — | View 990 |
| 2013 | $320K | $285K | $313K | $386K | — | View 990 |
| 2012 | $396K | $374K | $303K | $410K | — | View 990 |
| 2011 | $487K | $533K | $367K | $378K | — | View 990 |
| 2010 | $295K | $323K | $349K | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $951K, and assets of $238K (revenue +31.4% year-over-year).
- 2022: Revenue of $199K, expenses of $621K, and assets of $134K (revenue -38.1% year-over-year).
- 2021: Revenue of $322K, expenses of $448K, and assets of $148K (revenue +415.4% year-over-year).
- 2020: Revenue of $62K, expenses of $355K, and assets of $78K (revenue -27.9% year-over-year).
- 2019: Revenue of $87K, expenses of $246K, and assets of $23K (revenue +75.9% year-over-year).
- 2018: Revenue of $49K, expenses of $130K, and assets of $3K (revenue -82.2% year-over-year).
- 2017: Revenue of $276K, expenses of $222K, and assets of $61K (revenue +2.1% year-over-year).
- 2016: Revenue of $271K, expenses of $248K, and assets of $17K (revenue -23.1% year-over-year).
- 2015: Revenue of $352K, expenses of $389K, and assets of $4K (revenue +10.5% year-over-year).
- 2014: Revenue of $319K, expenses of $357K, and assets of $285K (revenue -0.3% year-over-year).
- 2013: Revenue of $320K, expenses of $285K, and assets of $313K (revenue -19.4% year-over-year).
- 2012: Revenue of $396K, expenses of $374K, and assets of $303K (revenue -18.6% year-over-year).
- 2011: Revenue of $487K, expenses of $533K, and assets of $367K (revenue +64.9% year-over-year).
- 2010: Revenue of $295K, expenses of $323K, and assets of $349K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metropolitan Business League:
Data Sources and Methodology
This transparency report for Metropolitan Business League 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.