Mid-south Business Continuum Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Mid-south Business Continuum Inc is a 501(c)(6) organization based in Memphis, Tennessee, registered in 1991, with $1,124,958 in FY2023 revenue. CharityIndex grades it C+.
200 Jefferson Ave Ste 1066, Memphis, TN, 38103 EIN 62-1198163 Since 1991
Revenue (FY2023)
$1.1M
▼ 31.1% vs prior year
Expenses (FY2023)
$1.3M
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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-south Business Continuum Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating17 mo reserves · -20% 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-south Business Continuum Inc: 17 mo reserves · -20% margin earns a C+ 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-south Business Continuum Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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-south Business Continuum Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $1.5M (FY2015) to $1.1M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $597KNet assets $2.0M
Operating margin
-19.8%
Spent more than it raised in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$597K
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,124,958▼31.1% | $1,347,631▼34.1% | $1,958,856▼21.9% | $2,556,009▼22.1% | 990 |
| 2022 | $1,633,273▲74.4% | $2,045,238▲114% | $2,507,751▲5.4% | $3,282,218▲36.1% | 990 |
| 2021 | $936,384▼3.2% | $956,407 | $2,378,415▼0.7% | $2,411,165▼0.7% | 990 |
| 2020 | $967,465▼18.4% | $956,688▼20.4% | $2,395,832▼1.5% | $2,427,315▼2.4% | 990 |
| 2019 | $1,186,324▼16.4% | $1,202,523▼9.5% | $2,433,092▼0.6% | $2,485,849▲1.6% | 990 |
| 2018 | $1,418,964▼5.0% | $1,328,759▲0.7% | $2,447,303▲3.8% | $2,447,303▲3.1% | 990 |
| 2017 | $1,493,581▲16.4% | $1,318,936▲5.5% | $2,357,098▲8.0% | $2,372,599▲7.7% | 990 |
| 2016 | $1,283,261▼11.8% | $1,250,622▼14.3% | $2,182,453▲2.2% | $2,203,618▲2.5% | 990 |
| 2015 | $1,455,279 | $1,459,023 | $2,135,988 | $2,149,610 | 990 |
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.
Grants received · $737K total
22 grants to Mid-south Business Continuum Inc totaling $737K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Methodist Lebonheur Healthcare | Mmbc continuum edf 2024 | 2024 | $5,500 |
| Baptist Memorial Health Care Corporation | Economic development forum diamond sponsorship | 2023 | $15,000 |
| Methodist Lebonheur Healthcare | 16th annual 2023 economic forum | 2023 | $10,500 |
| Methodist Lebonheur Healthcare | 2022 corporate membership dues/2022 economic development forum gold | 2022 | $15,000 |
| Baptist Memorial Health Care Corporation | Sponsorship for economic development forum | 2021 | $15,000 |
| Methodist Lebonheur Healthcare | 2021 robert r church luncheon sponsorship | 2021 | $13,000 |
| St Jude Childrens Research Hospital Inc | Sponsorship | 2021 | $6,850 |
| Methodist Lebonheur Healthcare | Mmbc 20 econ development forum sponsor/ 2020 memphis business academy | 2020 | $35,000 |
| Methodist Lebonheur Healthcare | 2019 economic development forum/2019 memphis business academy | 2019 | $75,000 |
| Methodist Lebonheur Healthcare | Operational support | 2018 | $78,000 |
| Methodist Lebonheur Healthcare | Operational support | 2017 | $78,554 |
| Baptist Memorial Health Care Corporation | Sponsorship | 2017 | $15,000 |
| Methodist Lebonheur Healthcare | 2015 economic development forum, memphis business academy and robert church award luncheon sponsorship | 2016 | $78,766 |
| Baptist Memorial Health Care Corporation | Sponsorship | 2016 | $11,000 |
| St Jude Childrens Research Hospital Inc | Sponsor conference | 2016 | $8,500 |
Frequently asked questions
- Is Mid-south Business Continuum Inc a legitimate nonprofit?
- Yes. Mid-south Business Continuum Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 62-1198163, based in Memphis, Tennessee.
- What is Mid-south Business Continuum Inc's EIN?
- Mid-south Business Continuum Inc's Employer Identification Number (EIN) is 62-1198163.
- How much revenue does Mid-south Business Continuum Inc report?
- Mid-south Business Continuum Inc reported $1,124,958 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Mid-south Business Continuum Inc have?
- CharityIndex grades Mid-south Business Continuum Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Memphis
Explore more
Data for Mid-south Business Continuum Inc (EIN 62-1198163) 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.