National Minority Supplier Development Council Business Conso
National Minority Supplier Development Council Business Conso shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 133407599 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $4.2M |
| Transparency Score | 85/100 |
Is National Minority Supplier Development Council Business Conso Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Minority Supplier Development Council Business Conso directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Minority Supplier Development Council Business Conso
National Minority Supplier Development Council Business Conso (EIN: 133407599) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.5M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Minority Supplier Development Council Business Conso's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Minority Supplier Development Council Business Conso is a mid-size nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$362K |
| Total Assets | $8.1M |
| Total Liabilities | $3.8M |
| Net Assets | $4.2M |
| Operating Margin | 17.9% |
| Debt-to-Asset Ratio | 47.4% |
| Months of Reserves | 58.3 months |
Financial Health Grade: A
In 2023, National Minority Supplier Development Council Business Conso reported a surplus of $362K with revenue exceeding expenses, holds 58.3 months of operating reserves (strong position), has a debt-to-asset ratio of 47.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), National Minority Supplier Development Council Business Conso's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.1% | +26.0% | +48.6% |
| 2022 | -5.0% | +40.1% | +23.2% |
| 2021 | +165.4% | +2.1% | +14.3% |
| 2020 | +64.0% | +11.8% | -9.2% |
| 2019 | -12.7% | +2.9% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 National Minority Supplier Development Council Business Conso 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, National Minority Supplier Development Council Business Conso allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $362K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a volunteer executive leadership or compensation structured in a way not categorized as 'officer compensation' on the 990, which is highly efficient for an organization of its size with revenues exceeding $2 million.
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 National Minority Supplier Development Council Business Conso's IRS 990 filings:
- Significant increase in liabilities from $465,284 in 2021 to $3,821,935 in 2023 without clear explanation in provided data.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data makes precise spending efficiency assessment difficult.
Strengths
The following positive indicators were identified for National Minority Supplier Development Council Business Conso:
- Consistent revenue growth, from $378,962 in 2019 to $2,022,788 in 2023, demonstrating increasing support.
- Strong asset base growth, from $3,852,414 in 2020 to $8,066,076 in 2023, indicating financial stability.
- No reported officer compensation across all filings, suggesting highly efficient executive compensation practices.
- Expenses generally lower than revenue in recent years (e.g., 2023: Expenses=$1,660,980 vs. Revenue=$2,022,788), leading to positive net income.
Frequently Asked Questions about National Minority Supplier Development Council Business Conso
Is National Minority Supplier Development Council Business Conso a legitimate charity?
National Minority Supplier Development Council Business Conso (EIN: 133407599) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does National Minority Supplier Development Council Business Conso spend its money?
National Minority Supplier Development Council Business Conso directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to National Minority Supplier Development Council Business Conso tax-deductible?
National Minority Supplier Development Council Business Conso is registered as a tax-exempt nonprofit (EIN: 133407599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Minority Supplier Development Council Business Conso CEO make?
National Minority Supplier Development Council Business Conso's highest-compensated officer earns $2 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Minority Supplier Development Council Business Conso's spending goes to programs?
National Minority Supplier Development Council Business Conso directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Minority Supplier Development Council Business Conso located?
National Minority Supplier Development Council Business Conso is headquartered in New York, New York and files with the IRS under EIN 133407599.
How many years of IRS 990 filings does National Minority Supplier Development Council Business Conso have?
National Minority Supplier Development Council Business Conso has 14 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 $2.5M in total revenue.
Why is officer compensation consistently reported as 0%?
This could indicate a volunteer executive board, or that executive compensation is reported under different expense categories, or paid by an affiliated entity. Further investigation into the organization's governance and compensation policies would clarify this.
What caused the significant increase in liabilities from $465,284 in 2021 to $3,821,935 in 2023?
The substantial increase in liabilities warrants further investigation to understand if it's due to new programs, capital investments, or other financial obligations that could impact future financial flexibility.
What are the specific program activities funded by the organization?
While the name suggests support for minority suppliers, a detailed breakdown of program services and their associated costs would provide greater insight into the organization's impact and mission fulfillment.
Filing History
IRS 990 filing history for National Minority Supplier Development Council Business Conso showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), National Minority Supplier Development Council Business Conso's revenue has grown by 173.7%, moving from $739K to $2.0M. Total assets decreased by 3.2% over the same period, from $8.3M to $8.1M. Total functional expenses rose by 81.9%, from $913K to $1.7M. In its most recent filing year (2023), National Minority Supplier Development Council Business Conso reported a surplus of $362K, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $8.1M in assets (debt-to-asset ratio: 47.4%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.7M | $8.1M | $3.8M | — | — |
| 2022 | $1.6M | $1.3M | $5.4M | $1.1M | — | View 990 |
| 2021 | $1.6M | $942K | $4.4M | $465K | — | View 990 |
| 2020 | $621K | $922K | $3.9M | $575K | — | View 990 |
| 2019 | $379K | $825K | $4.2M | $566K | — | View 990 |
| 2018 | $434K | $802K | $4.8M | $604K | — | View 990 |
| 2017 | $652K | $704K | $5.3M | $658K | — | View 990 |
| 2016 | $512K | $846K | $5.5M | $764K | — | View 990 |
| 2015 | $630K | $833K | $6.0M | $842K | — | View 990 |
| 2014 | $278K | $407K | $6.3M | $896K | — | View 990 |
| 2014 | $445K | $791K | $6.5M | $942K | — | View 990 |
| 2013 | $834K | $850K | $7.0M | $1.1M | — | View 990 |
| 2012 | $528K | $1.1M | $7.3M | $6.1M | — | View 990 |
| 2011 | $739K | $913K | $8.3M | $6.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.7M, and assets of $8.1M (revenue +29.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.3M, and assets of $5.4M (revenue -5.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $942K, and assets of $4.4M (revenue +165.4% year-over-year).
- 2020: Revenue of $621K, expenses of $922K, and assets of $3.9M (revenue +64.0% year-over-year).
- 2019: Revenue of $379K, expenses of $825K, and assets of $4.2M (revenue -12.7% year-over-year).
- 2018: Revenue of $434K, expenses of $802K, and assets of $4.8M (revenue -33.5% year-over-year).
- 2017: Revenue of $652K, expenses of $704K, and assets of $5.3M (revenue +27.4% year-over-year).
- 2016: Revenue of $512K, expenses of $846K, and assets of $5.5M (revenue -18.7% year-over-year).
- 2015: Revenue of $630K, expenses of $833K, and assets of $6.0M (revenue +126.7% year-over-year).
- 2014: Revenue of $278K, expenses of $407K, and assets of $6.3M (revenue -37.5% year-over-year).
- 2014: Revenue of $445K, expenses of $791K, and assets of $6.5M (revenue -46.7% year-over-year).
- 2013: Revenue of $834K, expenses of $850K, and assets of $7.0M (revenue +58.2% year-over-year).
- 2012: Revenue of $528K, expenses of $1.1M, and assets of $7.3M (revenue -28.6% year-over-year).
- 2011: Revenue of $739K, expenses of $913K, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Minority Supplier Development Council Business Conso:
Data Sources and Methodology
This transparency report for National Minority Supplier Development Council Business Conso 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.