Midwest Opportunities Inc
EIN: 421390408 · Corning, IA
Is Midwest Opportunities 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 Opportunities Inc
Midwest Opportunities Inc (EIN: 421390408) is a nonprofit organization based in Corning, IA. 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 Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midwest Opportunities Inc is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$28K |
| Total Assets | $2.1M |
| Total Liabilities | $943K |
| Net Assets | $1.1M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 45.1% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2015, Midwest Opportunities Inc reported a surplus of $28K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 45.1% (moderate leverage).
Financial Trends
Over 4 years of filings (2012–2015), Midwest Opportunities Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +3.8% | +3.0% | -13.5% |
| 2014 | +2.3% | +3.4% | -5.5% |
| 2013 | -0.1% | -2.2% | -9.2% |
AI Analysis Pending
AI enrichment for Midwest Opportunities 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 Opportunities 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 surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.1%.
Frequently Asked Questions about Midwest Opportunities Inc
Is Midwest Opportunities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Midwest Opportunities Inc (EIN: 421390408) insufficient data. 0 red flags identified, 0 strengths noted.
How does Midwest Opportunities Inc spend its money?
Detailed spending breakdown data is not yet available for Midwest Opportunities Inc. Check back for updated IRS 990 analysis.
Are donations to Midwest Opportunities Inc tax-deductible?
Midwest Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 421390408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Midwest Opportunities Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Midwest Opportunities Inc's revenue has grown by 6.1%, moving from $3.7M to $4.0M. Total assets decreased by 25.7% over the same period, from $2.8M to $2.1M. Total functional expenses rose by 4.2%, from $3.8M to $3.9M. In its most recent filing year (2015), Midwest Opportunities Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $943K in liabilities against $2.1M in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $4.0M | $3.9M | $2.1M | $943K | — | View 990 |
| 2014 | $3.8M | $3.8M | $2.4M | $1.1M | — | View 990 |
| 2013 | $3.7M | $3.7M | $2.6M | $1.2M | — | View 990 |
| 2012 | $3.7M | $3.8M | $2.8M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $4.0M, expenses of $3.9M, and assets of $2.1M (revenue +3.8% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.8M, and assets of $2.4M (revenue +2.3% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.7M, and assets of $2.6M (revenue -0.1% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.8M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midwest Opportunities Inc:
Data Sources and Methodology
This transparency report for Midwest Opportunities 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.