Midlands Business Leadership Group
Midlands Business Leadership Group consistently operates with a surplus, growing assets, and no executive compensation.
EIN: 201609456 · Columbia, SC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $104K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $173,554 |
| Net Assets | $387K |
| Transparency Score | 90/100 |
Is Midlands Business Leadership Group Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midlands Business Leadership Group directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midlands Business Leadership Group
Midlands Business Leadership Group (EIN: 201609456) is a nonprofit organization based in Columbia, SC, classified under NTEE code S41. The organization reported total revenue of $172K and total assets of $391K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midlands Business Leadership Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midlands Business Leadership Group is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $104K |
| Surplus / Deficit | +$69K |
| Total Assets | $387K |
| Net Assets | $387K |
| Operating Margin | 39.9% |
| Months of Reserves | 44.5 months |
Financial Health Grade: A
In 2023, Midlands Business Leadership Group reported a surplus of $69K with revenue exceeding expenses, holds 44.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Midlands Business Leadership Group's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.9% | -5.4% | +21.8% |
| 2022 | +2.1% | -29.5% | +41.8% |
| 2021 | +21.2% | +29.3% | +23.9% |
| 2020 | +24.8% | +8.3% | +31.9% |
| 2019 | +6.7% | +6.3% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
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 Midlands Business Leadership Group with a Mission Score of 90 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Midlands Business Leadership Group allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $69K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which significantly reduces overhead for a nonprofit of its size (latest revenue $173,554).
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 Midlands Business Leadership Group:
- Consistent asset growth, from $120,397 in 2014 to $386,958 in 2023.
- Maintains zero liabilities across all reported periods, indicating strong financial health.
- Reports 0% officer compensation, demonstrating highly efficient use of funds.
- Consistently operates with a revenue surplus, allowing for reinvestment and growth.
- Strong program spending ratio due to minimal administrative and fundraising overhead.
Frequently Asked Questions about Midlands Business Leadership Group
Is Midlands Business Leadership Group a legitimate charity?
Midlands Business Leadership Group (EIN: 201609456) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $172K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Midlands Business Leadership Group spend its money?
Midlands Business Leadership Group directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Midlands Business Leadership Group tax-deductible?
Midlands Business Leadership Group is registered as a tax-exempt nonprofit (EIN: 201609456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Midlands Business Leadership Group CEO make?
Midlands Business Leadership Group's highest-compensated officer earns $173,554 annually. The organization reported $172K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Midlands Business Leadership Group compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Midlands Business Leadership Group is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Midlands Business Leadership Group located?
Midlands Business Leadership Group is headquartered in Columbia, South Carolina and files with the IRS under EIN 201609456. It is classified under NTEE code S41.
How many years of IRS 990 filings does Midlands Business Leadership Group have?
Midlands Business Leadership Group 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 $172K in total revenue.
Is Midlands Business Leadership Group a good charity?
Based on the financial data, the Midlands Business Leadership Group appears to be a well-managed organization. It consistently operates with a surplus, has growing assets, and reports no officer compensation, suggesting efficient use of funds and a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth. Its assets have grown from $120,397 in 2014 to $386,958 in 2023, and it has maintained a positive revenue-to-expense ratio in most years, indicating increasing financial stability and capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that executive roles are compensated through non-officer means, which is highly efficient for a nonprofit of this size.
Filing History
IRS 990 filing history for Midlands Business Leadership Group showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midlands Business Leadership Group's revenue has grown by 73.6%, moving from $100K to $174K. Total assets increased by 432.9% over the same period, from $73K to $387K. Total functional expenses rose by 10.1%, from $95K to $104K. In its most recent filing year (2023), Midlands Business Leadership Group reported a surplus of $69K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $104K | $387K | $0 | — | View 990 |
| 2022 | $204K | $110K | $318K | $0 | — | View 990 |
| 2021 | $200K | $157K | $224K | $0 | — | — |
| 2020 | $165K | $121K | $181K | $0 | — | — |
| 2019 | $132K | $112K | $137K | $0 | — | View 990 |
| 2018 | $124K | $105K | $117K | $0 | — | View 990 |
| 2017 | $90K | $127K | $98K | $0 | — | View 990 |
| 2016 | $98K | $125K | $136K | $0 | — | View 990 |
| 2015 | $111K | $68K | $163K | $0 | — | View 990 |
| 2014 | $106K | $52K | $120K | $0 | — | View 990 |
| 2013 | $116K | $101K | $66K | $0 | — | View 990 |
| 2012 | $92K | $114K | $51K | $0 | — | View 990 |
| 2011 | $100K | $95K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $104K, and assets of $387K (revenue -14.9% year-over-year).
- 2022: Revenue of $204K, expenses of $110K, and assets of $318K (revenue +2.1% year-over-year).
- 2021: Revenue of $200K, expenses of $157K, and assets of $224K (revenue +21.2% year-over-year).
- 2020: Revenue of $165K, expenses of $121K, and assets of $181K (revenue +24.8% year-over-year).
- 2019: Revenue of $132K, expenses of $112K, and assets of $137K (revenue +6.7% year-over-year).
- 2018: Revenue of $124K, expenses of $105K, and assets of $117K (revenue +37.5% year-over-year).
- 2017: Revenue of $90K, expenses of $127K, and assets of $98K (revenue -7.7% year-over-year).
- 2016: Revenue of $98K, expenses of $125K, and assets of $136K (revenue -12.4% year-over-year).
- 2015: Revenue of $111K, expenses of $68K, and assets of $163K (revenue +4.7% year-over-year).
- 2014: Revenue of $106K, expenses of $52K, and assets of $120K (revenue -8.1% year-over-year).
- 2013: Revenue of $116K, expenses of $101K, and assets of $66K (revenue +25.9% year-over-year).
- 2012: Revenue of $92K, expenses of $114K, and assets of $51K (revenue -8.1% year-over-year).
- 2011: Revenue of $100K, expenses of $95K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midlands Business Leadership Group:
Data Sources and Methodology
This transparency report for Midlands Business Leadership Group 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.