BEducationEIN: 237315067· Ruling Year: 1973

Midland College Foundation Inc

Midland, Texas

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.66×
Peer Median9.48×
💰
$5.5M
Total Revenue
📊
$19.1M
Total Expenses
🏦
$69.7M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-83.2%
Year-over-year change (2022 → 2023)
Net Margin
-243.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.66
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,548,73283%$19,056,27514%$70,879,36310%
2022$33,003,754510%$16,689,584348%$78,503,0134%
2021$5,413,63858%$3,723,60048%$75,368,29718%
2020$3,417,98363%$7,154,0727%$63,659,1632%
2019$9,128,20663%$6,659,349167%$62,364,86317%
2018$5,594,49741%$2,496,96812%$53,446,5245%
2017$9,422,109233%$2,226,93915%$56,395,73416%
2016$2,827,03728%$1,937,84859%$48,553,5914%
2015$3,918,03061%$4,706,19746%$46,729,0827%
2014$10,050,27894%$3,231,02856%$50,294,70511%
2013$5,181,03810%$2,071,76627%$45,410,79319%
2012$5,759,61125%$1,627,4037%$38,227,73416%
2011$4,615,838$1,748,077$33,044,134

Frequently Asked Questions

What does Midland College Foundation Inc do?

Midland College Foundation Inc is a education nonprofit organization based in Texas. It is classified under NTEE code B110 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midland College Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Midland College Foundation Inc has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Midland College Foundation Inc generate?

Midland College Foundation Inc reports $10.8M in annual revenue and holds $74.1M in total assets, based on IRS filings.

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