Midwest Senior Ministries Inc
Midwest Senior Ministries Inc. shows consistent operations with significant asset growth and no reported officer compensation.
EIN: 201053401 · Nashville, TN · NTEE: P117 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.3M |
| Total Expenses | $9.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $19.6M |
| Transparency Score | 85/100 |
Is Midwest Senior Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midwest Senior Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midwest Senior Ministries Inc
Midwest Senior Ministries Inc (EIN: 201053401) is a nonprofit organization based in Nashville, TN, classified under NTEE code P117. The organization reported total revenue of $8.3M and total assets of $16.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midwest Senior Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midwest Senior Ministries Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.6M |
| Total Expenses | $9.9M |
| Surplus / Deficit | $-218,295 |
| Total Assets | $21.8M |
| Total Liabilities | $2.2M |
| Net Assets | $19.6M |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 26.5 months |
Financial Health Grade: B
In 2023, Midwest Senior Ministries Inc reported a deficit of $218K with expenses exceeding revenue, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Midwest Senior Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | +3.9% | +85.1% |
| 2022 | -6.8% | -5.0% | -7.4% |
| 2021 | -27.0% | -19.8% | -0.1% |
| 2020 | +19.0% | +21.8% | +5.7% |
| 2019 | +5.6% | +6.0% | +7.8% |
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 Midwest Senior Ministries Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Midwest Senior Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $218K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.1%.
Executive Compensation Analysis
Midwest Senior Ministries Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with revenues often exceeding $9 million annually.
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 Midwest Senior Ministries Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023, 2022, 2021) where expenses exceeded revenue.
- Significant increase in liabilities in 2023 ($2,202,608) without clear explanation in provided data, warranting further scrutiny.
Strengths
The following positive indicators were identified for Midwest Senior Ministries Inc:
- Consistent reporting of 0% officer compensation, indicating a potential commitment to directing funds to mission.
- Significant growth in assets, nearly doubling from $11,758,825 in 2022 to $21,763,056 in 2023, enhancing financial capacity.
- Generally stable revenue streams over the past several years, typically above $9 million annually.
Frequently Asked Questions about Midwest Senior Ministries Inc
Is Midwest Senior Ministries Inc a legitimate charity?
Midwest Senior Ministries Inc (EIN: 201053401) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Midwest Senior Ministries Inc spend its money?
Midwest Senior Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Midwest Senior Ministries Inc tax-deductible?
Midwest Senior Ministries Inc is registered as a tax-exempt nonprofit (EIN: 201053401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Midwest Senior Ministries Inc CEO make?
Midwest Senior Ministries Inc's highest-compensated officer earns $9 annually. The organization reported $8.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Midwest Senior Ministries Inc's spending goes to programs?
Midwest Senior Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Midwest Senior Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Midwest Senior Ministries Inc is above average for NTEE category P117 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Midwest Senior Ministries Inc located?
Midwest Senior Ministries Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 201053401. It is classified under NTEE code P117.
How many years of IRS 990 filings does Midwest Senior Ministries Inc have?
Midwest Senior Ministries Inc has 13 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 $8.3M in total revenue.
How does Midwest Senior Ministries Inc. manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which would require further investigation into their operational structure.
What caused the significant increase in assets and liabilities in the 2023 fiscal year?
Assets increased from $11,758,825 in 2022 to $21,763,056 in 2023, while liabilities rose from $223,775 to $2,202,608. This substantial change could be due to significant investments, property acquisitions, or new financing arrangements, which would require reviewing the full 990 form for detailed balance sheet information.
Is the organization's slight operational deficit in 2023 a concern?
In 2023, expenses ($9,855,801) slightly exceeded revenue ($9,637,506). While a single year's deficit isn't necessarily alarming, especially with growing assets, consistent deficits could indicate long-term financial unsustainability if not addressed.
Filing History
IRS 990 filing history for Midwest Senior Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midwest Senior Ministries Inc's revenue has declined by 69.7%, moving from $31.8M to $9.6M. Total assets decreased by 49.9% over the same period, from $43.5M to $21.8M. Total functional expenses fell by 68.8%, from $31.6M to $9.9M. In its most recent filing year (2023), Midwest Senior Ministries Inc reported a deficit of $218K, with expenses exceeding revenue. The organization holds $2.2M in liabilities against $21.8M in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $19.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.6M | $9.9M | $21.8M | $2.2M | — | View 990 |
| 2022 | $8.9M | $9.5M | $11.8M | $224K | — | View 990 |
| 2021 | $9.6M | $10.0M | $12.7M | $614K | — | View 990 |
| 2020 | $13.1M | $12.5M | $12.7M | $231K | — | View 990 |
| 2019 | $11.0M | $10.2M | $12.0M | $233K | — | View 990 |
| 2018 | $10.5M | $9.7M | $11.2M | $180K | — | View 990 |
| 2017 | $10.4M | $9.6M | $10.4M | $177K | — | View 990 |
| 2016 | $9.9M | $9.2M | $9.8M | $381K | — | View 990 |
| 2015 | $20.5M | $20.8M | $9.1M | $359K | — | View 990 |
| 2014 | $27.2M | $33.1M | $40.0M | $49.8M | — | View 990 |
| 2013 | $28.7M | $29.2M | $42.8M | $46.8M | — | View 990 |
| 2012 | $29.7M | $30.7M | $44.4M | $47.8M | — | View 990 |
| 2011 | $31.8M | $31.6M | $43.5M | $44.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.6M, expenses of $9.9M, and assets of $21.8M (revenue +7.9% year-over-year).
- 2022: Revenue of $8.9M, expenses of $9.5M, and assets of $11.8M (revenue -6.8% year-over-year).
- 2021: Revenue of $9.6M, expenses of $10.0M, and assets of $12.7M (revenue -27.0% year-over-year).
- 2020: Revenue of $13.1M, expenses of $12.5M, and assets of $12.7M (revenue +19.0% year-over-year).
- 2019: Revenue of $11.0M, expenses of $10.2M, and assets of $12.0M (revenue +5.6% year-over-year).
- 2018: Revenue of $10.5M, expenses of $9.7M, and assets of $11.2M (revenue +1.0% year-over-year).
- 2017: Revenue of $10.4M, expenses of $9.6M, and assets of $10.4M (revenue +4.9% year-over-year).
- 2016: Revenue of $9.9M, expenses of $9.2M, and assets of $9.8M (revenue -51.8% year-over-year).
- 2015: Revenue of $20.5M, expenses of $20.8M, and assets of $9.1M (revenue -24.7% year-over-year).
- 2014: Revenue of $27.2M, expenses of $33.1M, and assets of $40.0M (revenue -5.0% year-over-year).
- 2013: Revenue of $28.7M, expenses of $29.2M, and assets of $42.8M (revenue -3.6% year-over-year).
- 2012: Revenue of $29.7M, expenses of $30.7M, and assets of $44.4M (revenue -6.4% year-over-year).
- 2011: Revenue of $31.8M, expenses of $31.6M, and assets of $43.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midwest Senior Ministries Inc:
Data Sources and Methodology
This transparency report for Midwest Senior Ministries 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.