Miles Educational Foundation 7950-41 Nect
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Miles Educational Foundation 7950-41 Nect is a 501(c)(92) organization based in Milwaukee, Wisconsin, registered in 1900, with $21,873 in FY2024 revenue. CharityIndex grades it F.
Po Box 634, Milwaukee, WI, 53201 EIN 43-6072185 Since 1900
Revenue (FY2024)
$22K
▼ 6.9% vs prior year
Expenses (FY2024)
$42K
Net assets
$655K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Miles Educational Foundation 7950-41 Nect— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating186 mo reserves · -94% 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 Miles Educational Foundation 7950-41 Nect: 186 mo reserves · -94% margin earns a F 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 Miles Educational Foundation 7950-41 Nect— 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 Miles Educational Foundation 7950-41 Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $90K (FY2013) to $22K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $655K
Operating margin
-93.5%
Spent more than it raised in the latest fiscal year.
Total assets
$655K
Total liabilities
$0
Net assets
$655K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,873▼6.9% | $42,326▲4.2% | $654,993▼3.0% | $654,993▼3.0% | 990PF |
| 2023 | $23,486▲36.4% | $40,601▼28.0% | $675,447▼2.5% | $675,447▼2.5% | 990PF |
| 2022 | $17,217▼92.6% | $56,369▼0.2% | $692,566▼5.4% | $692,566▼5.4% | 990PF |
| 2021 | $232,138▲1428% | $56,470▲4.0% | $731,725▲31.6% | $731,725▲31.6% | 990PF |
| 2020 | $15,196▼58.8% | $54,306▲59.7% | $556,062▼6.6% | $556,062▼6.6% | 990PF |
| 2019 | $36,873▲25.0% | $34,000▼7.1% | $595,182▲0.5% | $595,182▲0.5% | 990PF |
| 2018 | $29,509▲6.8% | $36,618▲28.3% | $592,319▼1.3% | $592,319▼1.3% | 990PF |
| 2017 | $27,639▲278% | $28,545▼28.5% | $599,858▼0.2% | $599,858▼0.2% | 990PF |
| 2016 | $7,320▼81.9% | $39,923▼11.0% | $600,796▼5.1% | $600,796▼5.1% | 990PF |
| 2015 | $40,419▼51.2% | $44,870▼15.4% | $632,882▼0.3% | $632,882▼0.3% | 990PF |
| 2014 | $82,761▼8.3% | $53,041▲4.8% | $634,849▲4.4% | $634,849▲4.2% | 990PF |
| 2013 | $90,288 | $50,593▲32.0% | $608,173▲7.0% | $608,982▲7.1% | 990PF |
| 2012 | — | $38,330▼16.8% | $568,484▲0.7% | $568,484▲0.7% | 990PF |
| 2011 | — | $46,069▲3.8% | $564,427▲1.0% | $564,427▲1.0% | 990PF |
| 2010 | — | $44,395 | $558,837 | $558,837 | 990PF |
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.
Frequently asked questions
- Is Miles Educational Foundation 7950-41 Nect a legitimate nonprofit?
- Yes. Miles Educational Foundation 7950-41 Nect is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 43-6072185, based in Milwaukee, Wisconsin.
- What is Miles Educational Foundation 7950-41 Nect's EIN?
- Miles Educational Foundation 7950-41 Nect's Employer Identification Number (EIN) is 43-6072185.
- How much revenue does Miles Educational Foundation 7950-41 Nect report?
- Miles Educational Foundation 7950-41 Nect reported $21,873 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Miles Educational Foundation 7950-41 Nect have?
- CharityIndex grades Miles Educational Foundation 7950-41 Nect F, based on financial health (reserves and operating margin).
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Data for Miles Educational Foundation 7950-41 Nect (EIN 43-6072185) 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.