Moorhead Business Association
EIN: 274254782 · Moorhead, MN · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $222K |
| Total Expenses | $251K |
| Net Assets | $153K |
Is Moorhead Business Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Moorhead Business Association
Moorhead Business Association (EIN: 274254782) is a nonprofit organization based in Moorhead, MN, classified under NTEE code S41. The organization reported total revenue of $222K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moorhead Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moorhead Business Association is a small nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $251K |
| Surplus / Deficit | $-35,857 |
| Total Assets | $153K |
| Total Liabilities | $211 |
| Net Assets | $153K |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Moorhead Business Association reported a deficit of $36K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Moorhead Business Association's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +15.6% | -10.8% |
| 2022 | -4.8% | +25.7% | -8.2% |
| 2021 | +29.3% | -11.9% | -7.8% |
| 2020 | -10.7% | +5.0% | -13.9% |
| 2019 | +45.6% | +53.8% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Moorhead Business Association 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 Moorhead Business Association 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 deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Moorhead Business Association
Is Moorhead Business Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Moorhead Business Association (EIN: 274254782) insufficient data. 0 red flags identified, 0 strengths noted.
How does Moorhead Business Association spend its money?
Detailed spending breakdown data is not yet available for Moorhead Business Association. Check back for updated IRS 990 analysis.
Are donations to Moorhead Business Association tax-deductible?
Moorhead Business Association is registered as a tax-exempt nonprofit (EIN: 274254782). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Moorhead Business Association located?
Moorhead Business Association is headquartered in Moorhead, Minnesota and files with the IRS under EIN 274254782. It is classified under NTEE code S41.
How many years of IRS 990 filings does Moorhead Business Association have?
Moorhead Business Association 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 $222K in total revenue.
Filing History
IRS 990 filing history for Moorhead Business Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Moorhead Business Association's revenue has declined by 21.5%, moving from $274K to $215K. Total assets decreased by 44.2% over the same period, from $275K to $153K. Total functional expenses rose by 2701.4%, from $9K to $251K. In its most recent filing year (2023), Moorhead Business Association reported a deficit of $36K, with expenses exceeding revenue. The organization holds $211 in liabilities against $153K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $153K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $251K | $153K | $211 | — | View 990 |
| 2022 | $198K | $217K | $172K | $11K | — | View 990 |
| 2021 | $208K | $173K | $187K | $7K | — | View 990 |
| 2020 | $161K | $196K | $203K | $6K | — | View 990 |
| 2019 | $180K | $187K | $236K | $4K | — | View 990 |
| 2018 | $124K | $121K | $254K | $2K | — | View 990 |
| 2017 | $124K | $121K | $254K | $2K | — | View 990 |
| 2016 | $111K | $115K | $251K | $2K | — | View 990 |
| 2015 | $33K | $33K | $256K | $2K | — | View 990 |
| 2014 | $29K | $49K | $255K | $0 | — | View 990 |
| 2013 | $274K | $9K | $275K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $251K, and assets of $153K (revenue +8.7% year-over-year).
- 2022: Revenue of $198K, expenses of $217K, and assets of $172K (revenue -4.8% year-over-year).
- 2021: Revenue of $208K, expenses of $173K, and assets of $187K (revenue +29.3% year-over-year).
- 2020: Revenue of $161K, expenses of $196K, and assets of $203K (revenue -10.7% year-over-year).
- 2019: Revenue of $180K, expenses of $187K, and assets of $236K (revenue +45.6% year-over-year).
- 2018: Revenue of $124K, expenses of $121K, and assets of $254K (revenue +0.0% year-over-year).
- 2017: Revenue of $124K, expenses of $121K, and assets of $254K (revenue +11.3% year-over-year).
- 2016: Revenue of $111K, expenses of $115K, and assets of $251K (revenue +241.7% year-over-year).
- 2015: Revenue of $33K, expenses of $33K, and assets of $256K (revenue +13.7% year-over-year).
- 2014: Revenue of $29K, expenses of $49K, and assets of $255K (revenue -89.6% year-over-year).
- 2013: Revenue of $274K, expenses of $9K, and assets of $275K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moorhead Business Association:
Data Sources and Methodology
This transparency report for Moorhead Business Association 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.