Midwest Tribal Energy Resources Association Inc
EIN: 812036467 · Milwaukee, WI · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $301K |
| Net Assets | $588K |
Is Midwest Tribal Energy Resources Association 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 Tribal Energy Resources Association Inc
Midwest Tribal Energy Resources Association Inc (EIN: 812036467) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code S30. The organization reported total revenue of $1.7M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midwest Tribal Energy Resources Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midwest Tribal Energy Resources Association Inc is a mid-size nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 51.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $810K |
| Total Expenses | $301K |
| Surplus / Deficit | +$509K |
| Total Assets | $588K |
| Total Liabilities | $400 |
| Net Assets | $588K |
| Operating Margin | 62.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, Midwest Tribal Energy Resources Association Inc reported a surplus of $509K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Midwest Tribal Energy Resources Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 51.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +86.1% | -30.0% | +646.6% |
| 2022 | -7.8% | +4.8% | +6.9% |
| 2021 | +281.4% | +260.8% | +500.3% |
| 2020 | -11.1% | -17.0% | +435.3% |
| 2019 | +38.0% | +35.8% | +2192.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Midwest Tribal Energy Resources Association 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 Tribal Energy Resources Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $509K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Midwest Tribal Energy Resources Association Inc
Is Midwest Tribal Energy Resources Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Midwest Tribal Energy Resources Association Inc (EIN: 812036467) insufficient data. 0 red flags identified, 0 strengths noted.
How does Midwest Tribal Energy Resources Association Inc spend its money?
Detailed spending breakdown data is not yet available for Midwest Tribal Energy Resources Association Inc. Check back for updated IRS 990 analysis.
Are donations to Midwest Tribal Energy Resources Association Inc tax-deductible?
Midwest Tribal Energy Resources Association Inc is registered as a tax-exempt nonprofit (EIN: 812036467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midwest Tribal Energy Resources Association Inc located?
Midwest Tribal Energy Resources Association Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 812036467. It is classified under NTEE code S30.
How many years of IRS 990 filings does Midwest Tribal Energy Resources Association Inc have?
Midwest Tribal Energy Resources Association Inc has 6 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Midwest Tribal Energy Resources Association Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Midwest Tribal Energy Resources Association Inc's revenue has grown by 702.5%, moving from $101K to $810K. Total assets increased by 587869% over the same period, from $100 to $588K. Total functional expenses rose by 198.4%, from $101K to $301K. In its most recent filing year (2023), Midwest Tribal Energy Resources Association Inc reported a surplus of $509K, with revenue exceeding expenses. The organization holds $400 in liabilities against $588K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $588K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $810K | $301K | $588K | $400 | — | — |
| 2022 | $435K | $430K | $79K | $0 | — | View 990 |
| 2021 | $472K | $411K | $74K | $0 | — | View 990 |
| 2020 | $124K | $114K | $12K | $0 | — | View 990 |
| 2019 | $139K | $137K | $2K | $0 | — | View 990 |
| 2018 | $101K | $101K | $100 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $810K, expenses of $301K, and assets of $588K (revenue +86.1% year-over-year).
- 2022: Revenue of $435K, expenses of $430K, and assets of $79K (revenue -7.8% year-over-year).
- 2021: Revenue of $472K, expenses of $411K, and assets of $74K (revenue +281.4% year-over-year).
- 2020: Revenue of $124K, expenses of $114K, and assets of $12K (revenue -11.1% year-over-year).
- 2019: Revenue of $139K, expenses of $137K, and assets of $2K (revenue +38.0% year-over-year).
- 2018: Revenue of $101K, expenses of $101K, and assets of $100.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midwest Tribal Energy Resources Association Inc:
Data Sources and Methodology
This transparency report for Midwest Tribal Energy Resources Association 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.