Midatlantic Fiber Association Inc
Midatlantic Fiber Association: Steady Growth, Strong Program Focus
EIN: 222339820 · Lutherville, MD · Updated: 2026-04-04
About Midatlantic Fiber Association Inc
Midatlantic Fiber Association Inc (EIN: 222339820) is a nonprofit organization based in Lutherville, MD. The organization reported total revenue of $319K and total assets of $293K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midatlantic Fiber Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Midatlantic Fiber Association Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Midatlantic Fiber Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, with 'l0' and 'c0%' indicating no loans or compensation to officers.
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.
Strengths
The following positive indicators were identified for Midatlantic Fiber Association Inc:
- Consistent revenue growth from $73,990 in 2013 to $327,638 in 2023.
- Healthy asset growth from $97,514 in 2013 to $251,875 in 2023.
- Low administrative and fundraising costs implied by the absence of reported officer compensation and loans.
Frequently Asked Questions about Midatlantic Fiber Association Inc
What does Midatlantic Fiber Association Inc do?
Midatlantic Fiber Association Inc is a nonprofit organization in the Unknown sector, located in Lutherville, Maryland. It is classified under NTEE code Unknown.
How much revenue does Midatlantic Fiber Association Inc have?
Midatlantic Fiber Association Inc reported total revenue of $318,742. Based on 6 IRS 990 filings on record.
What are Midatlantic Fiber Association Inc's total assets?
Midatlantic Fiber Association Inc holds total assets of $293,304 as reported in IRS 990 filings.
Where is Midatlantic Fiber Association Inc located?
Midatlantic Fiber Association Inc is based in Lutherville, Maryland.
What is Midatlantic Fiber Association Inc's EIN?
Midatlantic Fiber Association Inc's Employer Identification Number (EIN) is 222339820. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Midatlantic Fiber Association Inc?
Midatlantic Fiber Association Inc is classified under NTEE code Unknown (Unknown).
Is Midatlantic Fiber Association Inc a registered 501(c)(3)?
Midatlantic Fiber Association Inc appears in IRS records (EIN: 222339820). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Midatlantic Fiber Association Inc file IRS Form 990?
Yes, Midatlantic Fiber Association Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Midatlantic Fiber Association Inc's revenue in 2023?
In the 202309 filing period, Midatlantic Fiber Association Inc reported total revenue of $327,638, total expenses of $314,326, and net assets of $251,875.
Is Midatlantic Fiber Association Inc's revenue growing or declining?
Midatlantic Fiber Association Inc's revenue is growing. Revenue went from $262,838 (201909) to $327,638 (202309), a +24.7% change. Based on 6 filings on record.
What is Midatlantic Fiber Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Midatlantic Fiber Association Inc covers tax period 202309. It shows revenue of $327,638, expenses of $314,326, total assets of $251,875, and liabilities of N/A.
How much does Midatlantic Fiber Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Midatlantic Fiber Association Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Midatlantic Fiber Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Midatlantic Fiber Association Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Midatlantic Fiber Association Inc's strengths?
Positive indicators for Midatlantic Fiber Association Inc include: Consistent revenue growth from $73,990 in 2013 to $327,638 in 2023.. Healthy asset growth from $97,514 in 2013 to $251,875 in 2023.. Low administrative and fundraising costs implied by the absence of reported officer compensation and loans.. These findings are derived from AI analysis of the organization's financial filings.
How does Midatlantic Fiber Association Inc compensate executives?
Executive compensation is not reported in the provided data, with 'l0' and 'c0%' indicating no loans or compensation to officers. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations and growth without reporting any executive compensation or loans?
The provided data indicates 'l0' for loans and 'c0%' for compensation to officers across all years, suggesting a volunteer-driven model or that compensation falls below reporting thresholds, allowing resources to be directed primarily to programs and asset building.
What specific programs or initiatives are driving the consistent revenue and asset growth observed over the past decade?
While the data shows consistent financial growth, it does not detail specific programs. The 'Midatlantic Fiber Association' name suggests activities related to fiber arts, which likely attract membership fees, event revenue, or donations contributing to the reported revenue figures.
Filing History
IRS 990 filing history for Midatlantic Fiber Association Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2023), Midatlantic Fiber Association Inc's revenue has grown by 183.2%, moving from $116K to $328K. Total assets increased by 166.7% over the same period, from $94K to $252K. Total functional expenses rose by 255.6%, from $88K to $314K. In its most recent filing year (2023), Midatlantic Fiber Association Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $328K | $314K | $252K | $0 | — | View 990 |
| 2019 | $263K | $216K | $199K | $0 | — | View 990 |
| 2017 | $234K | $184K | $162K | $0 | — | View 990 |
| 2015 | $174K | $74K | $195K | $600 | — | View 990 |
| 2013 | $74K | $66K | $98K | $0 | — | View 990 |
| 2011 | $116K | $88K | $94K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $328K, expenses of $314K, and assets of $252K (revenue +24.7% year-over-year).
- 2019: Revenue of $263K, expenses of $216K, and assets of $199K (revenue +12.4% year-over-year).
- 2017: Revenue of $234K, expenses of $184K, and assets of $162K (revenue +34.4% year-over-year).
- 2015: Revenue of $174K, expenses of $74K, and assets of $195K (revenue +135.1% year-over-year).
- 2013: Revenue of $74K, expenses of $66K, and assets of $98K (revenue -36.0% year-over-year).
- 2011: Revenue of $116K, expenses of $88K, and assets of $94K.
Data Sources and Methodology
This transparency report for Midatlantic Fiber Association Inc 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.