Midwest Business Brokers & Intermediaries Association is a 501(c)(6) organization based in Chicago, Illinois, registered in 1999, with $523,477 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$523K
▲ 8.3% vs prior year
Community median: $184K
Expenses (FY2024)
$462K
Net assets
$238K
Employees
—
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 →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 Midwest Business Brokers & Intermediaries Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Midwest Business Brokers & Intermediaries Association: 6 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
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 Midwest Business Brokers & Intermediaries Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Midwest Business Brokers & Intermediaries Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $203K (FY2013) to $523K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
11.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$340K
Total liabilities
$102K
Net assets
$238K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $523,477▲8.3% | $462,371▲0.9% | $238,033▲34.5% | $339,933▲15.7% | 990 |
| 2023 | $483,369▲47.2% | $458,368▲40.1% | $176,927▲16.5% | $293,729▲12.1% | 990 |
| 2022 | $328,268▲38.1% | $327,115▲52.1% | $151,926▲0.8% | $262,117▲18.7% | 990 |
| 2021 | $237,721▲10.2% | $215,057▲29.7% | $150,773▲17.7% | $220,813▲17.4% | 990 |
| 2020 | $215,764▼19.5% | $165,757▼39.7% | $128,109▲64.0% | $188,044▲32.8% | 990 |
| 2019 | $267,890▲7.6% | $274,740▲17.4% | $78,102▼8.0% | $141,572▲13.4% | 990 |
| 2018 | $248,968▲20.6% | $233,939▲22.3% | $84,877▲21.5% | $124,802▼6.2% | 990 |
| 2017 | $206,436▲14.4% | $191,208▼0.3% | $69,848▲27.9% | $133,070▼10.5% | 990 |
| 2016 | $180,414▲10.5% | $191,814▲9.2% | $54,621▼17.3% | $148,675▲11.1% | 990 |
| 2015 | $163,201▼19.1% | $175,707▼7.2% | $66,021▼15.9% | $133,881▲13.4% | 990 |
| 2014 | $201,757▼0.8% | $189,305▼9.6% | $78,527▲18.8% | $118,106▲17.4% | 990 |
| 2013 | $203,456 | $209,375▲8.1% | $66,079▼8.2% | $100,627▼2.7% | 990 |
| 2012 | — | $193,727▼0.7% | $71,998▼4.1% | $103,407▲0.4% | 990 |
| 2011 | — | $195,161▼0.4% | $75,070▲19.8% | $103,007▲10.1% | 990 |
| 2010 | — | $195,848 | $62,658 | $93,566 | 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.
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Data for Midwest Business Brokers & Intermediaries Association (EIN 36-4209672) 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.