Midland Institute For Entrepreneurship Nfp
EIN: 474275347 · Effingham, IL · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $807K |
| Total Expenses | $832K |
| Net Assets | $810K |
Is Midland Institute For Entrepreneurship Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midland Institute For Entrepreneurship Nfp
Midland Institute For Entrepreneurship Nfp (EIN: 474275347) is a nonprofit organization based in Effingham, IL, classified under NTEE code B99. The organization reported total revenue of $807K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midland Institute For Entrepreneurship Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midland Institute For Entrepreneurship Nfp is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $627K |
| Total Expenses | $832K |
| Surplus / Deficit | $-205,186 |
| Total Assets | $1.2M |
| Total Liabilities | $363K |
| Net Assets | $810K |
| Operating Margin | -32.7% |
| Debt-to-Asset Ratio | 30.9% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Midland Institute For Entrepreneurship Nfp reported a deficit of $205K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 30.9% (moderate leverage).
Financial Trends
Over 10 years of filings (2015–2023), Midland Institute For Entrepreneurship Nfp's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.0% | +19.3% | -19.3% |
| 2022 | +141.3% | +4.6% | +59.1% |
| 2021 | +17.8% | -0.8% | +0.3% |
| 2020 | -24.4% | +17.9% | -22.6% |
| 2019 | +116.0% | +172.3% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Midland Institute For Entrepreneurship Nfp 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 Midland Institute For Entrepreneurship Nfp 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 $205K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.9%.
Frequently Asked Questions about Midland Institute For Entrepreneurship Nfp
Is Midland Institute For Entrepreneurship Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Midland Institute For Entrepreneurship Nfp (EIN: 474275347) insufficient data. 0 red flags identified, 0 strengths noted.
How does Midland Institute For Entrepreneurship Nfp spend its money?
Detailed spending breakdown data is not yet available for Midland Institute For Entrepreneurship Nfp. Check back for updated IRS 990 analysis.
Are donations to Midland Institute For Entrepreneurship Nfp tax-deductible?
Midland Institute For Entrepreneurship Nfp is registered as a tax-exempt nonprofit (EIN: 474275347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midland Institute For Entrepreneurship Nfp located?
Midland Institute For Entrepreneurship Nfp is headquartered in Effingham, Illinois and files with the IRS under EIN 474275347. It is classified under NTEE code B99.
How many years of IRS 990 filings does Midland Institute For Entrepreneurship Nfp have?
Midland Institute For Entrepreneurship Nfp has 10 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 $807K in total revenue.
Filing History
IRS 990 filing history for Midland Institute For Entrepreneurship Nfp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2023), Midland Institute For Entrepreneurship Nfp's revenue has grown by 278.1%, moving from $166K to $627K. Total assets increased by 698.8% over the same period, from $147K to $1.2M. Total functional expenses rose by 3154%, from $26K to $832K. In its most recent filing year (2023), Midland Institute For Entrepreneurship Nfp reported a deficit of $205K, with expenses exceeding revenue. The organization holds $363K in liabilities against $1.2M in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $810K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $627K | $832K | $1.2M | $363K | — | — |
| 2022 | $1.2M | $697K | $1.5M | $438K | — | View 990 |
| 2021 | $499K | $667K | $913K | $406K | — | View 990 |
| 2020 | $424K | $672K | $911K | $236K | — | View 990 |
| 2019 | $560K | $570K | $1.2M | $253K | — | View 990 |
| 2018 | $259K | $209K | $1.2M | $316K | — | View 990 |
| 2018 | $1.5M | $805K | $1.1M | $294K | — | View 990 |
| 2017 | $485K | $895K | $533K | $331K | — | View 990 |
| 2016 | $1.2M | $664K | $828K | $216K | — | View 990 |
| 2015 | $166K | $26K | $147K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $627K, expenses of $832K, and assets of $1.2M (revenue -48.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $697K, and assets of $1.5M (revenue +141.3% year-over-year).
- 2021: Revenue of $499K, expenses of $667K, and assets of $913K (revenue +17.8% year-over-year).
- 2020: Revenue of $424K, expenses of $672K, and assets of $911K (revenue -24.4% year-over-year).
- 2019: Revenue of $560K, expenses of $570K, and assets of $1.2M (revenue +116.0% year-over-year).
- 2018: Revenue of $259K, expenses of $209K, and assets of $1.2M (revenue -82.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $805K, and assets of $1.1M (revenue +199.4% year-over-year).
- 2017: Revenue of $485K, expenses of $895K, and assets of $533K (revenue -60.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $664K, and assets of $828K (revenue +634.9% year-over-year).
- 2015: Revenue of $166K, expenses of $26K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midland Institute For Entrepreneurship Nfp:
Data Sources and Methodology
This transparency report for Midland Institute For Entrepreneurship Nfp 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.