Midtown Inc
Midtown Inc. faces persistent operating deficits and declining assets, raising long-term sustainability concerns.
EIN: 204713174 · Columbus, GA · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $236K |
| Program Spending | 70% |
| Net Assets | $454K |
| Transparency Score | 45/100 |
Is Midtown Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midtown Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Midtown Inc
Midtown Inc (EIN: 204713174) is a nonprofit organization based in Columbus, GA, classified under NTEE code S20. The organization reported total revenue of $234K and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midtown Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midtown Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -11.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $236K |
| Surplus / Deficit | $-46,379 |
| Total Assets | $459K |
| Total Liabilities | $5K |
| Net Assets | $454K |
| Operating Margin | -24.4% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 23.3 months |
Financial Health Grade: B
In 2022, Midtown Inc reported a deficit of $46K with expenses exceeding revenue, holds 23.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Midtown Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -11.5% | +0.3% | -9.1% |
| 2021 | +9.8% | -9.1% | -4.0% |
| 2020 | -27.4% | -33.6% | -11.0% |
| 2019 | -5.0% | +25.6% | -17.2% |
| 2018 | -18.7% | -22.9% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Midtown Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Midtown Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Midtown Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and resource allocation.
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 Midtown Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $46,379 in 2022)
- Significant decline in assets (from $975,447 in 2015 to $458,890 in 2022)
- Revenue has not consistently covered expenses for several years
Strengths
The following positive indicators were identified for Midtown Inc:
- 0% officer compensation reported across all filings, indicating efficient use of funds at the executive level
- Low liabilities relative to assets (e.g., $4,831 liabilities vs. $458,890 assets in 2022)
Frequently Asked Questions about Midtown Inc
Is Midtown Inc a legitimate charity?
Midtown Inc (EIN: 204713174) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $234K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Midtown Inc spend its money?
Midtown Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Midtown Inc tax-deductible?
Midtown Inc is registered as a tax-exempt nonprofit (EIN: 204713174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Midtown Inc's spending goes to programs?
Midtown Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Midtown Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Midtown Inc is near average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Midtown Inc located?
Midtown Inc is headquartered in Columbus, Georgia and files with the IRS under EIN 204713174. It is classified under NTEE code S20.
How many years of IRS 990 filings does Midtown Inc have?
Midtown Inc has 12 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 $234K in total revenue.
Is Midtown Inc. financially sustainable?
Based on the consistent operating deficits (e.g., $46,379 in 2022, $21,000 in 2021) and the significant decline in assets from $975,447 in 2015 to $458,890 in 2022, Midtown Inc.'s financial sustainability is questionable without significant changes to its revenue or expense structure.
Why are Midtown Inc.'s assets declining?
The decline in assets is directly correlated with the organization's consistent operating deficits, where expenses have exceeded revenues for most of the reported periods, forcing the organization to draw down its reserves to cover operational costs.
What is the trend in Midtown Inc.'s revenue?
Midtown Inc.'s revenue has fluctuated but shows a general downward trend from a high of $479,082 in 2014 to $189,803 in 2022, indicating challenges in maintaining or growing its funding base.
Filing History
IRS 990 filing history for Midtown Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Midtown Inc's revenue has declined by 75.3%, moving from $767K to $190K. Total assets decreased by 31% over the same period, from $665K to $459K. Total functional expenses rose by 8.1%, from $219K to $236K. In its most recent filing year (2022), Midtown Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $5K in liabilities against $459K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $454K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $190K | $236K | $459K | $5K | — | View 990 |
| 2021 | $215K | $236K | $505K | $5K | — | View 990 |
| 2020 | $195K | $259K | $526K | $4K | — | — |
| 2019 | $269K | $390K | $591K | $5K | — | View 990 |
| 2018 | $283K | $311K | $714K | $7K | — | View 990 |
| 2017 | $348K | $403K | $739K | $5K | — | View 990 |
| 2016 | $209K | $391K | $794K | $5K | — | View 990 |
| 2015 | $409K | $346K | $975K | $5K | — | View 990 |
| 2014 | $479K | $312K | $912K | $4K | — | View 990 |
| 2013 | $306K | $336K | $746K | $4K | — | View 990 |
| 2012 | $348K | $232K | $775K | $4K | — | View 990 |
| 2011 | $767K | $219K | $665K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $190K, expenses of $236K, and assets of $459K (revenue -11.5% year-over-year).
- 2021: Revenue of $215K, expenses of $236K, and assets of $505K (revenue +9.8% year-over-year).
- 2020: Revenue of $195K, expenses of $259K, and assets of $526K (revenue -27.4% year-over-year).
- 2019: Revenue of $269K, expenses of $390K, and assets of $591K (revenue -5.0% year-over-year).
- 2018: Revenue of $283K, expenses of $311K, and assets of $714K (revenue -18.7% year-over-year).
- 2017: Revenue of $348K, expenses of $403K, and assets of $739K (revenue +66.6% year-over-year).
- 2016: Revenue of $209K, expenses of $391K, and assets of $794K (revenue -48.8% year-over-year).
- 2015: Revenue of $409K, expenses of $346K, and assets of $975K (revenue -14.7% year-over-year).
- 2014: Revenue of $479K, expenses of $312K, and assets of $912K (revenue +56.4% year-over-year).
- 2013: Revenue of $306K, expenses of $336K, and assets of $746K (revenue -11.9% year-over-year).
- 2012: Revenue of $348K, expenses of $232K, and assets of $775K (revenue -54.7% year-over-year).
- 2011: Revenue of $767K, expenses of $219K, and assets of $665K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midtown Inc:
Data Sources and Methodology
This transparency report for Midtown 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.