Mid-states Minority Supplier Development Council
501(c)(3) Donations tax-deductible
Only null% goes to programs
Mid-states Minority Supplier Development Council is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1980, with $1,155,151 in FY2024 revenue. CharityIndex grades it C+.
2126 N Meridian St, Indianapolis, IN, 46202 EIN 35-1466848 Since 1980
Revenue (FY2024)
$1.2M
▲ 11.4% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$320K
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-states Minority Supplier Development Council— 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 rating3 mo reserves · -13% 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-states Minority Supplier Development Council: 3 mo reserves · -13% 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-states Minority Supplier Development Council— 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-states Minority Supplier Development Council: 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
- Address
- 2126 N Meridian St, Indianapolis, IN, 46202
- City
- Indianapolis
- State
- Indiana
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $1.2M (FY2014) to $1.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2MNet assets $320K
Operating margin
-13.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$1.2M
Net assets
$320K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,155,151▲11.4% | $1,310,085▲18.1% | $319,672▼32.6% | $1,495,103▼6.8% | 990 |
| 2023 | $1,036,627▲17.2% | $1,109,578▼4.3% | $474,606▼13.3% | $1,604,940▼5.6% | 990 |
| 2022 | $884,693▼27.9% | $1,159,204▲19.3% | $547,557▼33.3% | $1,699,795▲0.1% | 990 |
| 2021 | $1,227,768▲22.7% | $971,842▲67.4% | $821,168▲12.0% | $1,698,350▼7.0% | 990 |
| 2020 | $1,000,726▲27.3% | $580,479▼33.3% | $733,474▲112% | $1,826,136▲74.4% | 990 |
| 2019 | $786,081▼12.4% | $870,061▲0.3% | $345,978▼39.2% | $1,047,117▼5.7% | 990 |
| 2018 | $897,082▲21.2% | $867,836▲17.9% | $569,230▲5.4% | $1,110,725▲1.9% | 990 |
| 2017 | $740,321▼18.3% | $736,200▼18.8% | $539,984▲0.8% | $1,090,074▼3.0% | 990 |
| 2016 | $906,117▼16.3% | $906,245▼20.1% | $535,863 | $1,123,702▼2.7% | 990 |
| 2015 | $1,082,275▼6.4% | $1,134,520▼3.1% | $535,991▼8.9% | $1,154,789▲3.0% | 990 |
| 2014 | $1,155,806 | $1,171,052▲8.3% | $588,236▼8.3% | $1,121,682▼13.8% | 990 |
| 2012 | — | $1,081,271 | $641,731 | $1,301,980 | 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 · $104K total
4 grants to Mid-states Minority Supplier Development Council totaling $104K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Indianapolis Foundation Inc | Program manager | 2023 | $50,000 |
| Central Indiana Community Foundation Inc | Accelerate 100+ (a100+) | 2023 | $35,000 |
| Local Initiatives Support Corporation | See part iv | 2021 | $10,000 |
| National Collegiate Athletic Association | Contribution/sponsorship | 2014 | $8,950 |
Frequently asked questions
- Is Mid-states Minority Supplier Development Council a legitimate nonprofit?
- Yes. Mid-states Minority Supplier Development Council is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1466848, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Mid-states Minority Supplier Development Council's EIN?
- Mid-states Minority Supplier Development Council's Employer Identification Number (EIN) is 35-1466848.
- How much revenue does Mid-states Minority Supplier Development Council report?
- Mid-states Minority Supplier Development Council reported $1,155,151 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mid-states Minority Supplier Development Council have?
- CharityIndex grades Mid-states Minority Supplier Development Council C+, based on financial health (reserves and operating margin).
More nonprofits in Indianapolis
Explore more
Data for Mid-states Minority Supplier Development Council (EIN 35-1466848) 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.