Midwest Finance Education Foundation
EIN: 260472777 · Omaha, NE · NTEE: S194
| Metric | Value |
|---|---|
| Total Expenses | $1K |
| Net Assets | $6K |
Is Midwest Finance Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midwest Finance Education Foundation
Midwest Finance Education Foundation (EIN: 260472777) is a nonprofit organization based in Omaha, NE, classified under NTEE code S194. 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 Finance Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midwest Finance Education Foundation is a micro nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $1K |
| Surplus / Deficit | +$0 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | 0.0% |
| Months of Reserves | 69.8 months |
Financial Health Grade: A
In 2017, Midwest Finance Education Foundation reported a surplus of $0 with revenue exceeding expenses, holds 69.8 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2017), Midwest Finance Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -82.0% | +96.1% | +15.0% |
| 2016 | +11.4% | — | -9.1% |
| 2015 | +400.0% | -100.0% | +881.8% |
| 2014 | +0.0% | +500.0% | -89.8% |
| 2013 | -83.3% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Midwest Finance Education Foundation 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 Finance Education Foundation 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Frequently Asked Questions about Midwest Finance Education Foundation
Is Midwest Finance Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Midwest Finance Education Foundation (EIN: 260472777) insufficient data. 0 red flags identified, 0 strengths noted.
How does Midwest Finance Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Midwest Finance Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Midwest Finance Education Foundation tax-deductible?
Midwest Finance Education Foundation is registered as a tax-exempt nonprofit (EIN: 260472777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midwest Finance Education Foundation located?
Midwest Finance Education Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 260472777. It is classified under NTEE code S194.
How many years of IRS 990 filings does Midwest Finance Education Foundation have?
Midwest Finance Education Foundation has 7 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 Finance Education Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Midwest Finance Education Foundation's revenue has grown by 0%, moving from $1K to $1K. Total assets increased by 925.6% over the same period, from $567 to $6K. Total functional expenses fell by 50%, from $2K to $1K. In its most recent filing year (2017), Midwest Finance Education Foundation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1K | $1K | $6K | $0 | — | View 990 |
| 2016 | $6K | $510 | $5K | $0 | — | View 990 |
| 2015 | $5K | $0 | $6K | $0 | — | View 990 |
| 2014 | $1K | $6K | $567 | $0 | — | View 990 |
| 2013 | $1K | $1K | $6K | $0 | — | View 990 |
| 2012 | $6K | $1K | $6K | $0 | — | View 990 |
| 2011 | $1K | $2K | $567 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1K, expenses of $1K, and assets of $6K (revenue -82.0% year-over-year).
- 2016: Revenue of $6K, expenses of $510, and assets of $5K (revenue +11.4% year-over-year).
- 2015: Revenue of $5K, expenses of $0, and assets of $6K (revenue +400.0% year-over-year).
- 2014: Revenue of $1K, expenses of $6K, and assets of $567 (revenue +0.0% year-over-year).
- 2013: Revenue of $1K, expenses of $1K, and assets of $6K (revenue -83.3% year-over-year).
- 2012: Revenue of $6K, expenses of $1K, and assets of $6K (revenue +500.0% year-over-year).
- 2011: Revenue of $1K, expenses of $2K, and assets of $567.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midwest Finance Education Foundation:
Data Sources and Methodology
This transparency report for Midwest Finance Education Foundation 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.