Mib Foundation For The Blind And Visually Impaired
EIN: 273542665 · Jackson, MS · NTEE: M99
| Metric | Value |
|---|---|
| Total Expenses | $25K |
| Net Assets | $99K |
Is Mib Foundation For The Blind And Visually Impaired Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mib Foundation For The Blind And Visually Impaired
Mib Foundation For The Blind And Visually Impaired (EIN: 273542665) is a nonprofit organization based in Jackson, MS, classified under NTEE code M99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mib Foundation For The Blind And Visually Impaired's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mib Foundation For The Blind And Visually Impaired is a small nonprofit that has been operating for 16 years, with 2 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $25K |
| Surplus / Deficit | +$105K |
| Total Assets | $112K |
| Total Liabilities | $13K |
| Net Assets | $99K |
| Operating Margin | 80.5% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 52.9 months |
Financial Health Grade: A
In 2013, Mib Foundation For The Blind And Visually Impaired reported a surplus of $105K with revenue exceeding expenses, holds 52.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 2 years of filings (2011–2013), Mib Foundation For The Blind And Visually Impaired's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +7.6% | +46.5% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mib Foundation For The Blind And Visually Impaired 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 Mib Foundation For The Blind And Visually Impaired 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $105K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Frequently Asked Questions about Mib Foundation For The Blind And Visually Impaired
Is Mib Foundation For The Blind And Visually Impaired a legitimate charity?
Mib Foundation For The Blind And Visually Impaired (EIN: 273542665) is a registered tax-exempt nonprofit based in Mississippi. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Mib Foundation For The Blind And Visually Impaired spend its money?
Mib Foundation For The Blind And Visually Impaired reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mib Foundation For The Blind And Visually Impaired tax-deductible?
Mib Foundation For The Blind And Visually Impaired is registered as a tax-exempt nonprofit (EIN: 273542665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mib Foundation For The Blind And Visually Impaired located?
Mib Foundation For The Blind And Visually Impaired is headquartered in Jackson, Mississippi and files with the IRS under EIN 273542665. It is classified under NTEE code M99.
How many years of IRS 990 filings does Mib Foundation For The Blind And Visually Impaired have?
Mib Foundation For The Blind And Visually Impaired has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Mib Foundation For The Blind And Visually Impaired showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2013), Mib Foundation For The Blind And Visually Impaired's revenue has grown by 7.6%, moving from $121K to $130K. Total assets decreased by 2.2% over the same period, from $114K to $112K. Total functional expenses rose by 46.5%, from $17K to $25K. In its most recent filing year (2013), Mib Foundation For The Blind And Visually Impaired reported a surplus of $105K, with revenue exceeding expenses. The organization holds $13K in liabilities against $112K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $99K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $130K | $25K | $112K | $13K | — | View 990 |
| 2011 | $121K | $17K | $114K | $10K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mib Foundation For The Blind And Visually Impaired:
Data Sources and Methodology
This transparency report for Mib Foundation For The Blind And Visually Impaired 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.