Midwest Ear Institute Inc
EIN: 480905027 · Kansas City, MO
| Metric | Value |
|---|---|
| Total Expenses | $1.7M |
| Net Assets | $-399,041 |
Is Midwest Ear Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midwest Ear Institute Inc
Midwest Ear Institute Inc (EIN: 480905027) is a nonprofit organization based in Kansas City, MO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midwest Ear Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midwest Ear Institute Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-95,923 |
| Total Assets | $1.5M |
| Total Liabilities | $1.9M |
| Net Assets | $-399,041 |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 127.2% |
| Months of Reserves | 10.5 months |
Financial Health Grade: C
In 2015, Midwest Ear Institute Inc reported a deficit of $96K with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 127.2% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Midwest Ear Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +18.0% | +7.3% | +24.8% |
| 2014 | -1.1% | -2.9% | +2.0% |
| 2013 | +7.9% | +15.5% | +33.1% |
| 2012 | +6.9% | +7.6% | +44.5% |
AI Analysis Pending
AI enrichment for Midwest Ear Institute Inc 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 Midwest Ear Institute Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $96K, with expenses exceeding revenue.
- Debt-to-asset ratio: 127.2%.
Frequently Asked Questions about Midwest Ear Institute Inc
Is Midwest Ear Institute Inc a legitimate charity?
Midwest Ear Institute Inc (EIN: 480905027) is a registered tax-exempt nonprofit based in Missouri. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Midwest Ear Institute Inc spend its money?
Midwest Ear Institute Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Midwest Ear Institute Inc tax-deductible?
Midwest Ear Institute Inc is registered as a tax-exempt nonprofit (EIN: 480905027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midwest Ear Institute Inc located?
Midwest Ear Institute Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 480905027.
How many years of IRS 990 filings does Midwest Ear Institute Inc have?
Midwest Ear Institute Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Midwest Ear Institute Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Midwest Ear Institute Inc's revenue has grown by 34.5%, moving from $1.2M to $1.6M. Total assets increased by 145% over the same period, from $600K to $1.5M. Total functional expenses rose by 29.5%, from $1.3M to $1.7M. In its most recent filing year (2015), Midwest Ear Institute Inc reported a deficit of $96K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $1.5M in assets (debt-to-asset ratio: 127.2%), resulting in net assets of $-399,041.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $1.6M | $1.7M | $1.5M | $1.9M | — | View 990 |
| 2014 | $1.3M | $1.6M | $1.2M | $1.2M | — | View 990 |
| 2013 | $1.4M | $1.6M | $1.2M | $1.1M | — | View 990 |
| 2012 | $1.3M | $1.4M | $867K | $726K | — | View 990 |
| 2011 | $1.2M | $1.3M | $600K | $590K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $1.5M (revenue +18.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.6M, and assets of $1.2M (revenue -1.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.6M, and assets of $1.2M (revenue +7.9% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $867K (revenue +6.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.3M, and assets of $600K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midwest Ear Institute Inc:
Data Sources and Methodology
This transparency report for Midwest Ear Institute 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.