Midtown Business Association Inc
Nonprofit profile at a glance
- EIN
- 581341100
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025, Form 990-T 2025
- Location
- Atlanta, GA, USA
- Phone
- 4048920050
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $23,066,668
- Expenses
- $23,125,392
- Assets
- $7,261,723
- Liabilities
- $5,380,348
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
76 people listed
Executive titles in this filing
- Kevin Green (President & CEO)
Highest reported compensation
- Kevin Green (President & CEO): $724,203 total reported compensation
- Norman McKay (CFO): $242,981 total reported compensation
- Cladie Washburn (Director Capital Projects): $226,639 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Improve and sustain the quality of life for those who live, work, visit, study, create, and play in midtown, atlanta. The alliance accomplishes this goal through a comprehensive approach to planning and development that includes initiatives to enhance public safety, improve the physical environment, develop alternative transportation solutions, promote innovation and economic growth, encourage environmentally sustainable resource use, and strengthen the urban amenities which give midtown atlanta its unique character.
What it reported doing in 2025
Streetscape maintenance: expenses to maintain midtown atlanta, public right-of-way and capital improvements including sidewalk cleaning, trash and graffiti removal, beautification projects and comprehensive streetscape maintenance including sidewalks and crosswalks, street trees, medians, street furniture, trash and recycling bins, and pet waste stations.
Operating model
- Revenue model
- Grant-funded. 90% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 79
- Accountability: 94
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.9%; rating input score 97
- Program expense ratio: 96.6%; rating input score 97
- Fundraising efficiency: $374.99 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 98.5%; rating input score 98; 27th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.3%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 8.6%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 96.9% of revenue deployed · 96.6% of spending went to programs
- Governance: 64 of 65 board members independent · 8 of 9 filing controls reported
- Programs: 6 filed program accomplishments · $22.3M in reported program spending
- Leadership: top reported pay $724K · 76 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.8M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.