Civic Intelligence

Minority Economic Development Insti

990EZ • Fiscal year 2023 • EIN 26-0854936

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

Organization ProfileWWW.MEDIIUPSTATE.ORG
PO Box 9254Greenville, SC 29604

(864) 232-9605

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

84th percentile

23%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

99th percentile

423%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

33%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2023

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$7,237

Up $5,853 (+423%) from 2022

Net Assets

Up

$7,237

Up $5,853 (+423%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin84th percentile

Revenue

$24,307

No earlier filing loaded for comparison.

Expenses

$18,707

No earlier filing loaded for comparison.

Net Income

$5,600

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$15K$10K$5.0K$0Assets 2010: $2,752Liabilities 2010: $0Net Assets 2010: $2,7522010Assets 2011: $11,854Liabilities 2011: $0Net Assets 2011: $11,8542011Assets 2014: $3,935Liabilities 2014: $0Net Assets 2014: $3,9352014Assets 2015: $11,492Liabilities 2015: $0Net Assets 2015: $11,4922015Assets 2016: $9,945Liabilities 2016: $0Net Assets 2016: $9,9452016Assets 2017: $14,857Liabilities 2017: $0Net Assets 2017: $14,8572017Assets 2018: $17,176Liabilities 2018: $0Net Assets 2018: $17,1762018Assets 2019: $11,867Liabilities 2019: $0Net Assets 2019: $11,8672019Assets 2020: $1,384Liabilities 2020: $0Net Assets 2020: $1,3842020Assets 2022: $1,384Liabilities 2022: $0Net Assets 2022: $1,3842022Assets 2023: $7,237Liabilities 2023: $0Net Assets 2023: $7,2372023

Highlighted filing

2023

Assets$7,237
Liabilities$0
Net Assets$7,237
Open 2023 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $69,025Expenses 2010: $72,801Net Income 2010: -$3,7762010Revenue 2011: $60,172Expenses 2011: $51,070Net Income 2011: $9,1022011Revenue 2014: $62,620Expenses 2014: $58,835Net Income 2014: $3,7852014Revenue 2015: $75,144Expenses 2015: $67,587Net Income 2015: $7,5572015Revenue 2016: $74,289Expenses 2016: $75,836Net Income 2016: -$1,5472016Revenue 2017: $87,108Expenses 2017: $86,987Net Income 2017: $1212017Revenue 2018: $60,184Expenses 2018: $57,865Net Income 2018: $2,3192018Revenue 2019: $66,439Expenses 2019: $71,748Net Income 2019: -$5,3092019Revenue 2020: $10,440Expenses 2020: $20,924Net Income 2020: -$10,4842020Revenue 2023: $24,307Expenses 2023: $18,707Net Income 2023: $5,6002023

Highlighted filing

2023

Revenue$24,307
Expenses$18,707
Net Income$5,600
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.1
Gross Receipts
$24,307
Mission and Program Overview

Mission

Minority economic development

Program Services

DescriptionGrantsExpenses
INSTRUMENTAL IN PROVIDING TRAINING AND EDUCATION FOR MINORITY CONTRACTORS AND OTHER ENTREPRENUERS.--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
S T PEDENCEOFT$0--
A STAN DAVISVice Chairman-$0--
CALDER D EHRMANNVice Chairman-$0--
BABETTE B JONESDirectortrea-$0--
RITA MCMILLANDirectorsecr-$0--
MERL CODEDirector-$0--
FRED D GARRETT SRDirector-$0--
GEORGE RANDOLPHDirector-$0--
MICHAEL M SIMPSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Minority Economic Development Insti
EIN
26-0854936
Address
PO BOX 9254, GREENVILLE, SC 29604

Signing Officer

Name
St Peden
Title
President
Phone
8642329605
Signed
2024-05-14
Discuss with paid preparer
No

Preparer

Firm
RSB Financial Group LLC
Address
2320 East North Street Suite AA-119, Greenville, SC 29607-1261
Preparer
R Steven Bonner RTRP
Phone
8642328775
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBOARD MEETINGS 144TRAVEL AND MEETINGS 1,407REFUNDS 36FEES 108”

Description of other assets Part II line 24

“Category Beginning of Year End of YearOTHER 1,290 1,180”

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0S T PEDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1A STAN DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CALDER D EHRMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BABETTE B JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RITA MCMILLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MERL CODE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GEORGE RANDOLPH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MICHAEL M SIMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTORTREA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTORSECR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01290
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01180
IRS990EZ/OtherExpensesTotalAmt01695
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MINORITY ECONOMIC DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt01310
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INSTRUMENTAL IN PROVIDING TRAINING AND EDUCATION FOR MINORITY CONTRACTORS AND OTHER ENTREPRENUERS.
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018707
IRS990EZ/TotalRevenueAmt024307
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MEDIIUPSTATE.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt024307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05035
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010440
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBOARD MEETINGS 144TRAVEL AND MEETINGS 1,407REFUNDS 36FEES 108
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearOTHER 1,290 1,180
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ST PEDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08642329605
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINORITY ECONOMIC DEVELOPMENT INSTI
ReturnHeader/Filer/BusinessNameControlTxt0MINO
ReturnHeader/Filer/EIN0260854936
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 9254
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029604
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0821505340
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSB Financial Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02320 East North Street Suite AA-119
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0296071261
ReturnHeader/PreparerPersonGrp/PhoneNum08642328775
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R Steven Bonner RTRP
ReturnHeader/ReturnTs02024-11-15T16:47:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,237
Liabilities
$0
Net assets
$7,237
Revenue
$24,307
Expenses
$18,707
Net income
$5,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$7.24$0.00$7.24$24.3$18.7$5.60
2022Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$10.4$20.9$10.5
2019Detailed filing. Detailed filing data is available for this year.$11.9$0.00$11.9$66.4$71.7$5.31
2018Detailed filing. Detailed filing data is available for this year.$17.2$0.00$17.2$60.2$57.9$2.32
2017Detailed filing. Detailed filing data is available for this year.$14.9$0.00$14.9$87.1$87.0$0.12
2016Detailed filing. Detailed filing data is available for this year.$9.95$0.00$9.95$74.3$75.8$1.55
2015Detailed filing. Detailed filing data is available for this year.$11.5$0.00$11.5$75.1$67.6$7.56
2014Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$62.6$58.8$3.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.00$11.9$60.2$51.1$9.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$0.00$2.75$69.0$72.8$3.78