Mid South Minority Council Tadp
Mid South Minority Council Tadp consistently operates with a surplus and reports no officer compensation.
EIN: 10706027 · Memphis, TN · NTEE: S81 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $665K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $600,000 |
| Net Assets | $259K |
| Transparency Score | 85/100 |
Is Mid South Minority Council Tadp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mid South Minority Council Tadp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mid South Minority Council Tadp
Mid South Minority Council Tadp (EIN: 10706027) is a nonprofit organization based in Memphis, TN, classified under NTEE code S81. The organization reported total revenue of $1.6M and total assets of $872K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid South Minority Council Tadp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid South Minority Council Tadp is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $681K |
| Total Expenses | $665K |
| Surplus / Deficit | +$16K |
| Total Assets | $366K |
| Total Liabilities | $107K |
| Net Assets | $259K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 29.2% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Mid South Minority Council Tadp reported a surplus of $16K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 29.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mid South Minority Council Tadp's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.0% | -28.4% | -7.5% |
| 2022 | +1.8% | +8.5% | -1.5% |
| 2021 | +23.8% | +22.2% | +23.0% |
| 2020 | +47.4% | +32.5% | +68.0% |
| 2019 | -11.5% | +0.8% | -11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mid South Minority Council Tadp 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
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mid South Minority Council Tadp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive salaries are categorized differently, which is highly unusual for an organization of its size with revenues exceeding $600,000 annually.
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 Mid South Minority Council Tadp's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, potentially obscuring executive pay.
Strengths
The following positive indicators were identified for Mid South Minority Council Tadp:
- Consistent positive net income, indicating sound financial management.
- Steady growth in assets over the past decade, from $197,287 in 2014 to $366,075 in 2023.
- Expenses closely align with revenues, suggesting efficient deployment of funds towards mission.
- Strong financial stability with liabilities consistently well below assets (e.g., 2023 assets $366,075 vs. liabilities $106,934).
Frequently Asked Questions about Mid South Minority Council Tadp
Is Mid South Minority Council Tadp a legitimate charity?
Based on AI analysis of IRS 990 filings, Mid South Minority Council Tadp (EIN: 10706027) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mid South Minority Council Tadp spend its money?
Mid South Minority Council Tadp directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mid South Minority Council Tadp tax-deductible?
Mid South Minority Council Tadp is registered as a tax-exempt nonprofit (EIN: 10706027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mid South Minority Council Tadp CEO make?
Mid South Minority Council Tadp's highest-compensated officer earns $600,000 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mid South Minority Council Tadp's spending goes to programs?
Mid South Minority Council Tadp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mid South Minority Council Tadp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mid South Minority Council Tadp is above average for NTEE category S81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mid South Minority Council Tadp located?
Mid South Minority Council Tadp is headquartered in Memphis, Tennessee and files with the IRS under EIN 10706027. It is classified under NTEE code S81.
How many years of IRS 990 filings does Mid South Minority Council Tadp have?
Mid South Minority Council Tadp 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 $1.6M in total revenue.
How does Mid South Minority Council Tadp manage to operate without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean the executive leadership is entirely volunteer-based, or their compensation is reported under other expense categories, which would warrant further investigation for complete transparency.
What is the specific breakdown of program activities funded by the organization?
While the overall financial health is good, the filings do not provide a detailed breakdown of specific program activities or their associated costs, making it difficult to assess the direct impact of their spending.
What are the primary sources of revenue for Mid South Minority Council Tadp?
The filings indicate consistent revenue generation, but without specific details on the types of revenue (e.g., grants, donations, program service fees), it's hard to assess funding diversification and stability.
Filing History
IRS 990 filing history for Mid South Minority Council Tadp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mid South Minority Council Tadp's revenue has grown by 197.4%, moving from $229K to $681K. Total assets increased by 117% over the same period, from $169K to $366K. Total functional expenses rose by 93%, from $344K to $665K. In its most recent filing year (2023), Mid South Minority Council Tadp reported a surplus of $16K, with revenue exceeding expenses. The organization holds $107K in liabilities against $366K in assets (debt-to-asset ratio: 29.2%), resulting in net assets of $259K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $681K | $665K | $366K | $107K | — | — |
| 2022 | $945K | $929K | $396K | $123K | — | View 990 |
| 2021 | $928K | $856K | $402K | $149K | — | View 990 |
| 2020 | $750K | $700K | $327K | $148K | — | — |
| 2019 | $509K | $529K | $195K | $65K | — | View 990 |
| 2018 | $574K | $524K | $220K | $70K | — | View 990 |
| 2017 | $411K | $425K | $160K | $60K | — | View 990 |
| 2016 | $385K | $422K | $183K | $70K | — | View 990 |
| 2015 | $507K | $504K | $190K | $40K | — | View 990 |
| 2014 | $499K | $455K | $197K | $66K | — | View 990 |
| 2013 | $774K | $650K | $169K | $81K | — | View 990 |
| 2012 | $425K | $393K | $191K | $34K | — | View 990 |
| 2011 | $229K | $344K | $169K | $142K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $681K, expenses of $665K, and assets of $366K (revenue -28.0% year-over-year).
- 2022: Revenue of $945K, expenses of $929K, and assets of $396K (revenue +1.8% year-over-year).
- 2021: Revenue of $928K, expenses of $856K, and assets of $402K (revenue +23.8% year-over-year).
- 2020: Revenue of $750K, expenses of $700K, and assets of $327K (revenue +47.4% year-over-year).
- 2019: Revenue of $509K, expenses of $529K, and assets of $195K (revenue -11.5% year-over-year).
- 2018: Revenue of $574K, expenses of $524K, and assets of $220K (revenue +39.6% year-over-year).
- 2017: Revenue of $411K, expenses of $425K, and assets of $160K (revenue +6.8% year-over-year).
- 2016: Revenue of $385K, expenses of $422K, and assets of $183K (revenue -24.0% year-over-year).
- 2015: Revenue of $507K, expenses of $504K, and assets of $190K (revenue +1.6% year-over-year).
- 2014: Revenue of $499K, expenses of $455K, and assets of $197K (revenue -35.5% year-over-year).
- 2013: Revenue of $774K, expenses of $650K, and assets of $169K (revenue +81.9% year-over-year).
- 2012: Revenue of $425K, expenses of $393K, and assets of $191K (revenue +85.7% year-over-year).
- 2011: Revenue of $229K, expenses of $344K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid South Minority Council Tadp:
Data Sources and Methodology
This transparency report for Mid South Minority Council Tadp 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.