Mid-atlantic Mca Industry Fund
501(c)(6)Unknown
Only null% goes to programs Strong reserves Growing revenue
Mid-atlantic Mca Industry Fund is a 501(c)(6) organization based in Reidsville, North Carolina, registered in 1974, with $678,569 in FY2024 revenue. CharityIndex grades it C+.
10821 Nc 87, Reidsville, NC, 27320 EIN 23-7316454 Since 1974
Revenue (FY2024)
$679K
▲ 112.7% vs prior year
Unknown median: $232K
Expenses (FY2024)
$410K
Net assets
$363K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-atlantic Mca Industry Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +40% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-atlantic Mca Industry Fund: 11 mo reserves · +40% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-atlantic Mca Industry Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-atlantic Mca Industry Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 10821 Nc 87, Reidsville, NC, 27320
- City
- Reidsville
- State
- North Carolina
- Category
- Unknown
- Subcategory
- Unknown — other (Z9x)
Financial trends
Revenue grew from $180K (FY2015) to $679K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $363K
Operating margin
39.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$363K
Total liabilities
$0
Net assets
$363K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $678,569▲113% | $409,535▲1.4% | $363,088▲286% | $363,088▲286% | 990 |
| 2023 | $319,079▲14.0% | $403,930▼24.4% | $94,054▼47.4% | $94,054▼47.4% | 990 |
| 2022 | $279,830▲6.8% | $534,345▼5.6% | $178,905▼58.7% | $178,905▼58.7% | 990 |
| 2021 | $261,899▼14.4% | $566,143▲301% | $433,335▼41.2% | $433,335▼41.5% | 990 |
| 2020 | $306,129▼12.4% | $141,058▼28.5% | $737,579▲28.8% | $741,354▲29.5% | 990 |
| 2019 | $349,615▲32.3% | $197,408▲14.8% | $572,508▲36.2% | $572,508▲36.2% | 990 |
| 2018 | $264,217▲37.8% | $171,981▲28.9% | $420,301▲28.1% | $420,301▲28.1% | 990 |
| 2017 | $191,756▼5.8% | $133,376▲13.0% | $328,066▲21.6% | $328,066▲18.3% | 990 |
| 2016 | $203,616▲13.3% | $118,040▼16.0% | $269,686▲46.5% | $277,310▲46.5% | 990 |
| 2015 | $179,698 | $140,487 | $184,110 | $189,321 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Mid-atlantic Mca Industry Fund a legitimate nonprofit?
- Yes. Mid-atlantic Mca Industry Fund is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 23-7316454, based in Reidsville, North Carolina.
- What is Mid-atlantic Mca Industry Fund's EIN?
- Mid-atlantic Mca Industry Fund's Employer Identification Number (EIN) is 23-7316454.
- How much revenue does Mid-atlantic Mca Industry Fund report?
- Mid-atlantic Mca Industry Fund reported $678,569 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mid-atlantic Mca Industry Fund have?
- CharityIndex grades Mid-atlantic Mca Industry Fund C+, based on financial health (reserves and operating margin).
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Data for Mid-atlantic Mca Industry Fund (EIN 23-7316454) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.