Midlands Education And Business Alliance
Midlands Education And Business Alliance shows consistent asset growth and no officer compensation over recent years.
EIN: 200350584 · West Columbia, SC · NTEE: J20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $324K |
| Total Expenses | $327K |
| Program Spending | 80% |
| Net Assets | $800K |
| Transparency Score | 85/100 |
Is Midlands Education And Business Alliance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midlands Education And Business Alliance directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midlands Education And Business Alliance
Midlands Education And Business Alliance (EIN: 200350584) is a nonprofit organization based in West Columbia, SC, classified under NTEE code J20. The organization reported total revenue of $324K and total assets of $823K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midlands Education And Business Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midlands Education And Business Alliance is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $431K |
| Total Expenses | $327K |
| Surplus / Deficit | +$105K |
| Total Assets | $867K |
| Total Liabilities | $68K |
| Net Assets | $800K |
| Operating Margin | 24.3% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 31.9 months |
Financial Health Grade: A
In 2024, Midlands Education And Business Alliance reported a surplus of $105K with revenue exceeding expenses, holds 31.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Midlands Education And Business Alliance's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +37.1% | +5.2% | +15.0% |
| 2023 | -5.8% | +19.2% | +1.8% |
| 2022 | -28.8% | +22.5% | +6.3% |
| 2021 | +50.9% | -16.6% | +93.6% |
| 2020 | +3.5% | +3.1% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Education And Business Alliance 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Midlands Education And Business Alliance allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $105K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all provided filing periods, indicating that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence and resource allocation directly to programs.
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 Midlands Education And Business Alliance's IRS 990 filings:
- Specific program, administrative, and fundraising expense breakdowns are not detailed in the provided summary data, making a precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Midlands Education And Business Alliance:
- Consistent asset growth, increasing from $359,998 in 2020 to $867,389 in 2024.
- No officer compensation reported across all filing periods, indicating efficient use of funds.
- Generally operates with a surplus in recent years, such as $104,785 in 2024 (Revenue $431,427 - Expenses $326,642).
- Low liabilities relative to assets, demonstrating strong financial stability (e.g., $67,826 liabilities vs. $867,389 assets in 2024).
- Long history of IRS 990 filings (14 filings), indicating transparency and compliance.
Frequently Asked Questions about Midlands Education And Business Alliance
Is Midlands Education And Business Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Midlands Education And Business Alliance (EIN: 200350584) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Midlands Education And Business Alliance spend its money?
Midlands Education And Business Alliance directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Midlands Education And Business Alliance tax-deductible?
Midlands Education And Business Alliance is registered as a tax-exempt nonprofit (EIN: 200350584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Midlands Education And Business Alliance's spending goes to programs?
Midlands Education And Business Alliance directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Midlands Education And Business Alliance compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Midlands Education And Business Alliance is above average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Midlands Education And Business Alliance located?
Midlands Education And Business Alliance is headquartered in West Columbia, South Carolina and files with the IRS under EIN 200350584. It is classified under NTEE code J20.
How many years of IRS 990 filings does Midlands Education And Business Alliance have?
Midlands Education And Business Alliance has 14 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 $324K in total revenue.
Is Midlands Education And Business Alliance a good charity?
Based on the provided financial data, Midlands Education And Business Alliance appears to be a financially sound and well-managed charity. They consistently grow their assets, operate with surpluses in most recent years, and report no officer compensation, which are all positive indicators.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved, with assets growing from $359,998 in 2020 to $867,389 in 2024, and liabilities remaining a small percentage of assets, indicating strong financial health.
What is the trend in revenue and expenses?
Revenue and expenses have fluctuated, but in recent years (2021-2024), revenue has generally exceeded expenses, leading to asset growth. For example, in 2024, revenue was $431,427 against expenses of $326,642.
Filing History
IRS 990 filing history for Midlands Education And Business Alliance showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Midlands Education And Business Alliance's revenue has grown by 3.3%, moving from $418K to $431K. Total assets increased by 0.7% over the same period, from $861K to $867K. Total functional expenses fell by 25%, from $436K to $327K. In its most recent filing year (2024), Midlands Education And Business Alliance reported a surplus of $105K, with revenue exceeding expenses. The organization holds $68K in liabilities against $867K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $800K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $431K | $327K | $867K | $68K | — | — |
| 2023 | $315K | $310K | $755K | $60K | — | View 990 |
| 2022 | $334K | $260K | $741K | $50K | — | View 990 |
| 2021 | $470K | $213K | $697K | $80K | — | — |
| 2020 | $311K | $255K | $360K | $325 | — | View 990 |
| 2019 | $301K | $247K | $359K | $55K | — | View 990 |
| 2018 | $263K | $410K | $291K | $41K | — | — |
| 2017 | $388K | $490K | $497K | $100K | — | View 990 |
| 2016 | $400K | $463K | $594K | $94K | — | View 990 |
| 2015 | $349K | $391K | $600K | $38K | — | View 990 |
| 2014 | $462K | $482K | $618K | $13K | — | View 990 |
| 2013 | $357K | $539K | $714K | $90K | — | View 990 |
| 2012 | $446K | $493K | $847K | $40K | — | View 990 |
| 2011 | $418K | $436K | $861K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $431K, expenses of $327K, and assets of $867K (revenue +37.1% year-over-year).
- 2023: Revenue of $315K, expenses of $310K, and assets of $755K (revenue -5.8% year-over-year).
- 2022: Revenue of $334K, expenses of $260K, and assets of $741K (revenue -28.8% year-over-year).
- 2021: Revenue of $470K, expenses of $213K, and assets of $697K (revenue +50.9% year-over-year).
- 2020: Revenue of $311K, expenses of $255K, and assets of $360K (revenue +3.5% year-over-year).
- 2019: Revenue of $301K, expenses of $247K, and assets of $359K (revenue +14.3% year-over-year).
- 2018: Revenue of $263K, expenses of $410K, and assets of $291K (revenue -32.3% year-over-year).
- 2017: Revenue of $388K, expenses of $490K, and assets of $497K (revenue -2.8% year-over-year).
- 2016: Revenue of $400K, expenses of $463K, and assets of $594K (revenue +14.7% year-over-year).
- 2015: Revenue of $349K, expenses of $391K, and assets of $600K (revenue -24.6% year-over-year).
- 2014: Revenue of $462K, expenses of $482K, and assets of $618K (revenue +29.5% year-over-year).
- 2013: Revenue of $357K, expenses of $539K, and assets of $714K (revenue -20.0% year-over-year).
- 2012: Revenue of $446K, expenses of $493K, and assets of $847K (revenue +6.8% year-over-year).
- 2011: Revenue of $418K, expenses of $436K, and assets of $861K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midlands Education And Business Alliance:
Data Sources and Methodology
This transparency report for Midlands Education And Business Alliance 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.