Midwest Trailblazers
EIN: 470826722 · Omaha, NE · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $42K |
| Net Assets | $-1,799 |
Is Midwest Trailblazers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midwest Trailblazers
Midwest Trailblazers (EIN: 470826722) is a nonprofit organization based in Omaha, NE, classified under NTEE code O50. The organization reported total revenue of $62K and total assets of $198 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midwest Trailblazers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midwest Trailblazers is a micro nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -13.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $42K |
| Surplus / Deficit | +$20K |
| Total Assets | $198 |
| Total Liabilities | $2K |
| Net Assets | $-1,799 |
| Operating Margin | 32.2% |
| Debt-to-Asset Ratio | 1008.6% |
| Months of Reserves | 0.1 months |
Financial Health Grade: B
In 2022, Midwest Trailblazers reported a surplus of $20K with revenue exceeding expenses, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 1008.6% (high leverage).
Financial Trends
Over 11 years of filings (2012–2022), Midwest Trailblazers's revenue has declined at a compound annual growth rate (CAGR) of -13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -26.9% | -35.4% | -73.1% |
| 2021 | +19.6% | -7.4% | +854.5% |
| 2020 | +7.4% | +3.1% | -78.4% |
| 2019 | -49.1% | -46.4% | -83.8% |
| 2018 | -14.5% | -17.6% | +3032.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Midwest Trailblazers 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 Trailblazers 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1008.6%.
Frequently Asked Questions about Midwest Trailblazers
Is Midwest Trailblazers a legitimate charity?
Midwest Trailblazers (EIN: 470826722) is a registered tax-exempt nonprofit based in Nebraska. It has 11 years of IRS 990 filings on record. Total revenue: $62K. No red flags identified. Financial health grade: B.
How does Midwest Trailblazers spend its money?
Midwest Trailblazers reported $62K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Midwest Trailblazers tax-deductible?
Midwest Trailblazers is registered as a tax-exempt nonprofit (EIN: 470826722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midwest Trailblazers located?
Midwest Trailblazers is headquartered in Omaha, Nebraska and files with the IRS under EIN 470826722. It is classified under NTEE code O50.
How many years of IRS 990 filings does Midwest Trailblazers have?
Midwest Trailblazers has 11 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 $62K in total revenue.
Filing History
IRS 990 filing history for Midwest Trailblazers showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Midwest Trailblazers's revenue has declined by 76.1%, moving from $258K to $62K. Total assets decreased by 65.4% over the same period, from $573 to $198. Total functional expenses fell by 84.5%, from $269K to $42K. In its most recent filing year (2022), Midwest Trailblazers reported a surplus of $20K, with revenue exceeding expenses. The organization holds $2K in liabilities against $198 in assets (debt-to-asset ratio: 1008.6%), resulting in net assets of $-1,799.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $62K | $42K | $198 | $2K | — | — |
| 2021 | $84K | $65K | $735 | $22K | — | View 990 |
| 2020 | $70K | $70K | $77 | $41K | — | View 990 |
| 2019 | $66K | $68K | $356 | $42K | — | View 990 |
| 2018 | $129K | $127K | $2K | $42K | — | View 990 |
| 2017 | $151K | $153K | $70 | $42K | — | View 990 |
| 2016 | $114K | $120K | $63 | $40K | — | View 990 |
| 2015 | $159K | $169K | $304 | $31K | — | View 990 |
| 2014 | $145K | $138K | $3K | $24K | — | View 990 |
| 2013 | $196K | $201K | $12K | $29K | — | View 990 |
| 2012 | $258K | $269K | $573 | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $62K, expenses of $42K, and assets of $198 (revenue -26.9% year-over-year).
- 2021: Revenue of $84K, expenses of $65K, and assets of $735 (revenue +19.6% year-over-year).
- 2020: Revenue of $70K, expenses of $70K, and assets of $77 (revenue +7.4% year-over-year).
- 2019: Revenue of $66K, expenses of $68K, and assets of $356 (revenue -49.1% year-over-year).
- 2018: Revenue of $129K, expenses of $127K, and assets of $2K (revenue -14.5% year-over-year).
- 2017: Revenue of $151K, expenses of $153K, and assets of $70 (revenue +32.1% year-over-year).
- 2016: Revenue of $114K, expenses of $120K, and assets of $63 (revenue -28.1% year-over-year).
- 2015: Revenue of $159K, expenses of $169K, and assets of $304 (revenue +9.5% year-over-year).
- 2014: Revenue of $145K, expenses of $138K, and assets of $3K (revenue -25.9% year-over-year).
- 2013: Revenue of $196K, expenses of $201K, and assets of $12K (revenue -24.0% year-over-year).
- 2012: Revenue of $258K, expenses of $269K, and assets of $573.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midwest Trailblazers:
Data Sources and Methodology
This transparency report for Midwest Trailblazers 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.