Mid Cumberland Area Development
EIN: 621548236 · Nashville, TN
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $361K |
| Net Assets | $1.3M |
Is Mid Cumberland Area Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mid Cumberland Area Development
Mid Cumberland Area Development (EIN: 621548236) is a nonprofit organization based in Nashville, TN. The organization reported total revenue of $269K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid Cumberland Area Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid Cumberland Area Development is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $361K |
| Surplus / Deficit | $-153,170 |
| Total Assets | $1.7M |
| Total Liabilities | $328K |
| Net Assets | $1.3M |
| Operating Margin | -73.6% |
| Debt-to-Asset Ratio | 19.6% |
| Months of Reserves | 55.5 months |
Financial Health Grade: B
In 2023, Mid Cumberland Area Development reported a deficit of $153K with expenses exceeding revenue, holds 55.5 months of operating reserves (strong position), has a debt-to-asset ratio of 19.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mid Cumberland Area Development's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.4% | +53.2% | -8.4% |
| 2022 | -32.2% | -6.6% | +0.4% |
| 2021 | -22.0% | -8.6% | -7.9% |
| 2020 | -3.0% | -36.2% | -1.3% |
| 2019 | +5.0% | +23.0% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mid Cumberland Area Development 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 Mid Cumberland Area Development 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 $153K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.6%.
Frequently Asked Questions about Mid Cumberland Area Development
Is Mid Cumberland Area Development a legitimate charity?
Mid Cumberland Area Development (EIN: 621548236) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $269K. No red flags identified. Financial health grade: B.
How does Mid Cumberland Area Development spend its money?
Mid Cumberland Area Development reported $269K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mid Cumberland Area Development tax-deductible?
Mid Cumberland Area Development is registered as a tax-exempt nonprofit (EIN: 621548236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mid Cumberland Area Development located?
Mid Cumberland Area Development is headquartered in Nashville, Tennessee and files with the IRS under EIN 621548236.
How many years of IRS 990 filings does Mid Cumberland Area Development have?
Mid Cumberland Area Development 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 $269K in total revenue.
Filing History
IRS 990 filing history for Mid Cumberland Area Development showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mid Cumberland Area Development's revenue has declined by 65.5%, moving from $603K to $208K. Total assets decreased by 69% over the same period, from $5.4M to $1.7M. Total functional expenses fell by 41.9%, from $622K to $361K. In its most recent filing year (2023), Mid Cumberland Area Development reported a deficit of $153K, with expenses exceeding revenue. The organization holds $328K in liabilities against $1.7M in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $361K | $1.7M | $328K | — | View 990 |
| 2022 | $133K | $236K | $1.8M | $329K | — | View 990 |
| 2021 | $196K | $253K | $1.8M | $219K | — | View 990 |
| 2020 | $252K | $277K | $2.0M | $319K | — | — |
| 2019 | $260K | $433K | $2.0M | $321K | — | View 990 |
| 2018 | $247K | $352K | $2.2M | $367K | — | View 990 |
| 2017 | $226K | $485K | $2.5M | $494K | — | View 990 |
| 2016 | $321K | $408K | $2.7M | $522K | — | View 990 |
| 2015 | $398K | $423K | $2.8M | $460K | — | View 990 |
| 2014 | $410K | $432K | $2.8M | $500K | — | View 990 |
| 2013 | $446K | $505K | $2.9M | $534K | — | View 990 |
| 2012 | $542K | $2.7M | $3.0M | $611K | — | View 990 |
| 2011 | $603K | $622K | $5.4M | $853K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $361K, and assets of $1.7M (revenue +56.4% year-over-year).
- 2022: Revenue of $133K, expenses of $236K, and assets of $1.8M (revenue -32.2% year-over-year).
- 2021: Revenue of $196K, expenses of $253K, and assets of $1.8M (revenue -22.0% year-over-year).
- 2020: Revenue of $252K, expenses of $277K, and assets of $2.0M (revenue -3.0% year-over-year).
- 2019: Revenue of $260K, expenses of $433K, and assets of $2.0M (revenue +5.0% year-over-year).
- 2018: Revenue of $247K, expenses of $352K, and assets of $2.2M (revenue +9.6% year-over-year).
- 2017: Revenue of $226K, expenses of $485K, and assets of $2.5M (revenue -29.8% year-over-year).
- 2016: Revenue of $321K, expenses of $408K, and assets of $2.7M (revenue -19.3% year-over-year).
- 2015: Revenue of $398K, expenses of $423K, and assets of $2.8M (revenue -2.9% year-over-year).
- 2014: Revenue of $410K, expenses of $432K, and assets of $2.8M (revenue -8.1% year-over-year).
- 2013: Revenue of $446K, expenses of $505K, and assets of $2.9M (revenue -17.6% year-over-year).
- 2012: Revenue of $542K, expenses of $2.7M, and assets of $3.0M (revenue -10.2% year-over-year).
- 2011: Revenue of $603K, expenses of $622K, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid Cumberland Area Development:
Data Sources and Methodology
This transparency report for Mid Cumberland Area Development 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.