P โ€” Human ServicesEIN: 470585186ยท Ruling Year: 1989

Midland Area Agency On Aging

Hastings, Nebraska

B+Health Score
73B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$4.5M
Total Revenue
๐Ÿ“Š
$3.8M
Total Expenses
๐Ÿฆ
$1.3M
Net Assets
๐Ÿ“‹
$423K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+15.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.35
Net assets divided by total expenses
Liabilities-to-Assets
24.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,452,497โ†‘27%$3,781,149โ†‘11%$1,748,614โ†‘90%
2022$3,513,972โ†‘20%$3,400,802โ†‘15%$919,329โ†‘18%
2021$2,923,217โ†“4%$2,965,699โ†“1%$776,284โ†“7%
2020$3,046,267โ†‘1%$3,008,862โ†“2%$838,249โ†‘9%
2019$3,012,129โ†“16%$3,073,074โ†“12%$766,735โ†‘122%
2018$3,571,912โ†“5%$3,500,018โ†“4%$345,945โ†“61%
2017$3,771,283โ†‘4%$3,663,027โ†‘4%$890,276โ†‘16%
2016$3,640,840โ†‘1%$3,522,403โ†“1%$770,200โ†‘20%
2015$3,588,013โ†‘1%$3,541,336โ†‘1%$640,483โ†‘6%
2014$3,563,795โ†“3%$3,519,842โ†“1%$603,294โ†‘12%
2013$3,677,569โ†‘2%$3,545,368โ†“3%$536,298โ†‘18%
2012$3,622,986โ†“4%$3,653,986โ†“2%$455,846โ†‘6%
2011$3,764,943$3,718,311$430,776

Frequently Asked Questions

What does Midland Area Agency On Aging do?โ–ผ

Midland Area Agency On Aging is a human services nonprofit organization based in Nebraska. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midland Area Agency On Aging financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Midland Area Agency On Aging has a score of 73/100 (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 Area Agency On Aging generate?โ–ผ

Midland Area Agency On Aging reports $4.6M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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Midland Area Agency On Aging โ€” Hastings, NE | GiveScope