Midwestern Higher Education Commission
EIN: 383011476 · Minneapolis, MN · NTEE: V20Z
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $4.0M |
| Net Assets | $10.0M |
Is Midwestern Higher Education Commission Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midwestern Higher Education Commission
Midwestern Higher Education Commission (EIN: 383011476) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code V20Z. The organization reported total revenue of $9.9M and total assets of $18.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midwestern Higher Education Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midwestern Higher Education Commission is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$4.5M |
| Total Assets | $12.3M |
| Total Liabilities | $2.3M |
| Net Assets | $10.0M |
| Operating Margin | 53.4% |
| Debt-to-Asset Ratio | 18.8% |
| Months of Reserves | 37.3 months |
Financial Health Grade: A
In 2023, Midwestern Higher Education Commission reported a surplus of $4.5M with revenue exceeding expenses, holds 37.3 months of operating reserves (strong position), has a debt-to-asset ratio of 18.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Midwestern Higher Education Commission's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +78.3% | -10.9% | +84.0% |
| 2022 | -16.4% | +12.3% | -3.4% |
| 2021 | +43.1% | +10.5% | +33.5% |
| 2020 | +7.2% | +3.2% | +13.9% |
| 2019 | +10.0% | -1.5% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Midwestern Higher Education Commission 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 Midwestern Higher Education Commission 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 $4.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.8%.
Frequently Asked Questions about Midwestern Higher Education Commission
Is Midwestern Higher Education Commission a legitimate charity?
Midwestern Higher Education Commission (EIN: 383011476) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $9.9M. No red flags identified. Financial health grade: A.
How does Midwestern Higher Education Commission spend its money?
Midwestern Higher Education Commission reported $9.9M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Midwestern Higher Education Commission tax-deductible?
Midwestern Higher Education Commission is registered as a tax-exempt nonprofit (EIN: 383011476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midwestern Higher Education Commission located?
Midwestern Higher Education Commission is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 383011476. It is classified under NTEE code V20Z.
How many years of IRS 990 filings does Midwestern Higher Education Commission have?
Midwestern Higher Education Commission 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 $9.9M in total revenue.
Filing History
IRS 990 filing history for Midwestern Higher Education Commission showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midwestern Higher Education Commission's revenue has grown by 309.1%, moving from $2.1M to $8.5M. Total assets increased by 222.7% over the same period, from $3.8M to $12.3M. Total functional expenses rose by 75%, from $2.3M to $4.0M. In its most recent filing year (2023), Midwestern Higher Education Commission reported a surplus of $4.5M, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $12.3M in assets (debt-to-asset ratio: 18.8%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $4.0M | $12.3M | $2.3M | — | View 990 |
| 2022 | $4.8M | $4.5M | $6.7M | $1.2M | — | View 990 |
| 2021 | $5.7M | $4.0M | $6.9M | $1.1M | — | View 990 |
| 2020 | $4.0M | $3.6M | $5.2M | $1.1M | — | View 990 |
| 2019 | $3.7M | $3.5M | $4.6M | $821K | — | View 990 |
| 2018 | $3.4M | $3.5M | $4.6M | $1.1M | — | View 990 |
| 2017 | $3.7M | $3.4M | $4.8M | $1.2M | — | View 990 |
| 2016 | $3.4M | $3.4M | $4.3M | $979K | — | View 990 |
| 2015 | $3.7M | $3.0M | $4.4M | $994K | — | View 990 |
| 2014 | $3.0M | $3.3M | $3.8M | $1.1M | — | View 990 |
| 2013 | $2.2M | $2.7M | $3.9M | $875K | — | View 990 |
| 2012 | $2.3M | $2.3M | $3.9M | $291K | — | View 990 |
| 2011 | $2.1M | $2.3M | $3.8M | $187K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $4.0M, and assets of $12.3M (revenue +78.3% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.5M, and assets of $6.7M (revenue -16.4% year-over-year).
- 2021: Revenue of $5.7M, expenses of $4.0M, and assets of $6.9M (revenue +43.1% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.6M, and assets of $5.2M (revenue +7.2% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.5M, and assets of $4.6M (revenue +10.0% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.5M, and assets of $4.6M (revenue -7.8% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.4M, and assets of $4.8M (revenue +9.2% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.4M, and assets of $4.3M (revenue -7.9% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.0M, and assets of $4.4M (revenue +21.8% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.3M, and assets of $3.8M (revenue +38.6% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.7M, and assets of $3.9M (revenue -6.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $3.9M (revenue +11.6% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.3M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midwestern Higher Education Commission:
Data Sources and Methodology
This transparency report for Midwestern Higher Education Commission 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.