Management Information Exchange
- Assets
- $1.4m
- Revenue
- $941.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Philadelphia, PA
- Founding
- 05/1989
- Data as of
- 12/2023
- EIN
- 58-1818521
Organization Overview
Management Information Exchange is located in Philadelphia, PA. The organization was established in 1989. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Management Information Exchange employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Management Information Exchange is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Management Information Exchange generated $941.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $827.3k during the year ending 12/2023. While expenses have increased by 9.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE EXCELLENCE IN MANAGEMENT TO ENSURE HIGH QUALITY ADVOCACY ON BEHALF OF LOW-INCOME PEOPLE. THE ORGANIZATION ADVANCES BEST PRACTICES AND INNOVATION IN LEADERSHIP, MANAGEMENT, SUPERVISION AND FUNDRAISING BY SUPPORTING A FULL AND FREE EXCHANGE OF IDEAS AND PROVIDING TRAINING, CONSULTING AND A FLAGSHIP JOURNAL FOR THE LEGAL AID COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S MISSION IS TO PROMOTE EXCELLENCE IN MANAGEMENT TO ENSURE HIGH QUALITY ADVOCACY ON BEHALF OF LOW-INCOME PEOPLE. THE ORGANIZATION ADVANCES BEST PRACTICES AND INNOVATION IN LEADERSHIP, MANAGEMENT, SUPERVISION AND FUNDRAISING BY SUPPORTING A FULL AND FREE EXCHANGE OF IDEAS AND PROVIDING TRAINING, CONSULTING AND A FLAGSHIP JOURNAL FOR THE LEGAL AID COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Worthy Secretary | OfficerTrustee | 1 | $0 |
Jacquelynne Bowman Director | Trustee | 1 | $0 |
Jan Allen May Director | Trustee | 1 | $0 |
Betty Balli Torres Director | Trustee | 1 | $0 |
Jennifer Bentley Director | Trustee | 1 | $0 |
Maria Thomas-Jones Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $919,789 |
| Investment income | $16,473 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $941,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,601 |
| Compensation of current officers, directors, key employees. | $27,108 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,501 |
| Pension plan accruals and contributions | $12,688 |
| Other employee benefits | $0 |
| Payroll taxes | $22,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,858 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $723 |
| Insurance | $0 |
| All other expenses | $51,877 |
| Total functional expenses | $827,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,340,948 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,485 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,411 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,400,844 |
| Accounts payable and accrued expenses | $30,400 |
| Grants payable | $0 |
| Deferred revenue | $95,090 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $156,752 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $282,242 |
| Net assets without donor restrictions | $1,118,602 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,400,844 |