Civic Intelligence

Midland Shared Spaces Inc

990 • Fiscal year 2021 • EIN 45-4737063

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 28, 2022

Organization ProfileWWW.MIDLANDSHAREDSPACES.ORG
3500 N A Street 1100Midland, TX 79705

(432) 685-0400

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

11th percentile

0.00x

Higher debt load relative to revenue than 11% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

41st percentile

$100,032

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

55th percentile

12%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

131%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$9,432,779

Up $994,123 (+12%) from 2020

Net Assets

Up

$9,426,097

Up $988,055 (+12%) from 2020

Liabilities

Up

$6,682

Up $6,068 (+988%) from 2020

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin82nd percentile

Revenue

Up

$2,388,915

Up $1,354,385 (+131%) from 2020

Expenses

Up

$1,400,860

Up $287,147 (+26%) from 2020

Net Income

Up

$988,055

Up $1,067,238 (+1348%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$15M$10M$5.0M$0Assets 2013: $11,257,061Liabilities 2013: $2,025,091Net Assets 2013: $9,231,9702013Assets 2014: $10,971,224Liabilities 2014: $1,180,538Net Assets 2014: $9,790,6862014Assets 2015: $9,893,535Liabilities 2015: $343,914Net Assets 2015: $9,549,6212015Assets 2016: $9,264,637Liabilities 2016: $18,492Net Assets 2016: $9,246,1452016Assets 2017: $9,022,244Liabilities 2017: $10,642Net Assets 2017: $9,011,6022017Assets 2018: $8,777,623Liabilities 2018: $7,986Net Assets 2018: $8,769,6372018Assets 2019: $8,519,983Liabilities 2019: $2,758Net Assets 2019: $8,517,2252019Assets 2020: $8,438,656Liabilities 2020: $614Net Assets 2020: $8,438,0422020Assets 2021: $9,432,779Liabilities 2021: $6,682Net Assets 2021: $9,426,0972021Assets 2022: $8,019,333Liabilities 2022: $33,531Net Assets 2022: $7,985,8022022Assets 2023: $7,973,029Liabilities 2023: $160,198Net Assets 2023: $7,812,8312023Assets 2024: $7,747,984Liabilities 2024: $53,518Net Assets 2024: $7,694,4662024

Highlighted filing

2021

Assets$9,432,779
Liabilities$6,682
Net Assets$9,426,097
Open 2021 Filing

Operations Trend

Revenue Growth91st percentile

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

$10M$5.0M$0-$5.0MRevenue 2013: $7,739,705Expenses 2013: $268,000Net Income 2013: $7,471,7052013Revenue 2014: $1,779,573Expenses 2014: $1,073,577Net Income 2014: $705,9962014Revenue 2015: $758,710Expenses 2015: $999,775Net Income 2015: -$241,0652015Revenue 2016: $808,023Expenses 2016: $1,111,499Net Income 2016: -$303,4762016Revenue 2017: $835,638Expenses 2017: $1,070,181Net Income 2017: -$234,5432017Revenue 2018: $865,572Expenses 2018: $1,107,537Net Income 2018: -$241,9652018Revenue 2019: $872,873Expenses 2019: $1,125,285Net Income 2019: -$252,4122019Revenue 2020: $1,034,530Expenses 2020: $1,113,713Net Income 2020: -$79,1832020Revenue 2021: $2,388,915Expenses 2021: $1,400,860Net Income 2021: $988,0552021Revenue 2022: $981,926Expenses 2022: $2,425,070Net Income 2022: -$1,443,1442022Revenue 2023: $1,296,087Expenses 2023: $1,475,246Net Income 2023: -$179,1592023Revenue 2024: $1,235,023Expenses 2024: $1,353,388Net Income 2024: -$118,3652024

Highlighted filing

2021

Revenue$2,388,915
Expenses$1,400,860
Net Income$988,055
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 28, 2022
Return Version
2021v4.0
Gross Receipts
$2,410,833
Mission and Program Overview

Mission

Midland shared spaces enhances nonprofit efficiency, provides affordable workspace and back office services and fosters collaborations that better serve the nonprofits and people of midland county.

Midland shared spaces provides affordable workspace for nonprofits at below market rents in a class a facility. Also provided is all furniture and equipment, high tech meeting rooms for trainings, smaller board rooms, commercial kitchen, and break rooms.midland shared spaces provides all inormation technology and communication services and equipment for tenant nonprofits as well as onsite technical service at below market rates.midland shared spaces provides collaborative networking with tenants, the nonprofit sector and the community at large as a catalyst for fundamental and lasting changes in the community.midland shared spaces provides fiscal sponsorship opportunities to organizations pursuing tax exempt status. One organization came under the fiscal sponsorship umbrella during the year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,587,488$7,345,264▼ $242,224
Cash and Non-Interest-Bearing Accounts$49,962$786,022▲ $736,060
Savings and Temporary Cash Investments$785,177$710,106▼ $75,071
Pledges and Grants Receivable-$584,360-
Prepaid Expenses and Deferred Charges$16,029$7,027▼ $9,002
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,438,656$9,432,779▲ $994,123
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$614$6,682▲ $6,068
Total Liabilities$614$6,682▲ $6,068
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,383,042$8,191,025▼ $192,017
Net Assets With Donor Restrictions$55,000$1,235,072▲ $1,180,072
Total Net Assets Fund Balance$8,438,042$9,426,097▲ $988,055
Total Liabilities and Net Assets / Fund Balance$8,438,656$9,432,779▲ $994,123

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,888,497$1,717,126$8,605,623
Other Land Buildings$149,209$466,763$615,972
Equipment$57,558$548,648$606,206
Land$250,000-$250,000
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Autumn VestExecutive DirectorFT$100,032$100,032
Marc KondrupOperations DirectorFT$61,481$61,481

Board Members and Trustees

NameTitle
Chelsea PervierPresident
Meghan BerryPresident ELECT
Adam HernandezDirector
Cookie WetendorfDirector
David PooleDirector
Forrest KroschelDirector
Kimberly RamirezDirector
Spencer BlakeDirector
Susana NealeDirector
Kristin DittoImmed Past Pres
Lauryn HendrixSecretary
Joseph Ray Hughes IiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,850,588
Program Service Revenue
$542,896
Investment Income
$-4,134
Other Revenue
$-435
All Other Contributions
$1,825,088
Change in Net Assets
$988,055

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,406,331
Revenue Not Reported on Financial Statements
$-17,416
Other Revenue Adjustments
$-17,416
Total Revenue per Audited Statements
$2,406,331
Total Revenue per Form 990
$2,388,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$740,574
Salaries, Compensation, and Employee Benefits$660,286
Total Fundraising Expense$42,164
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$311,236$49,597$9,250$370,083
Depreciation Depletion$280,057$14,501$1,611$296,169
Current Officers, Directors, Trustees, and Key Employees$50,804$96,898$16,411$164,113
Fees for Services Other$53,658$47,246-$100,904
Other Employee Benefits$60,662$21,739$3,349$85,750
Information Technology$53,183$3,637$294$57,114
Insurance$30,053$13,112$173$43,338
Payroll Taxes$27,339$11,061$1,940$40,340
Office Expenses$27,434$4,899$4,085$36,418
Other Expenses$5,734$16,463$174$22,371
Fees for Services Accounting-$15,200-$15,200
Travel$8,112$1,810$452$10,374
Total Functional Expenses$1,055,237$303,459$42,164$1,400,860

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,418,276
Expenses per Audited Statements$1,400,860
Total Expenses per Form 990$1,400,860
Expenses Not Reported on Form 990$17,416
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,416
Fundraising Gross Income$8,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rhythm & Booze$33,725$8,225$6,547$1,678
Total Events$33,725$8,225$17,416$-9,191
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of the form 990 is provided to the full board prior to filing. The form 990 preparer presents the form 990 to the board at the regularly scheduled board meeting closest to the filing date. The board reviews and approves the form 990 at the meeting. The form 990 is filed by the due date or extended due date.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members are asked to abstain and/or recuse themselves when the discussion involves any organization or matter where they have a conflict of interest. Board members are asked to provide a written statement that includes organizations, companies or other matters that may present a conflict of interest. The statements are maintained on file in the office of the organization.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The executive committee serves as the personnel committee and reviews comparable salary data compiled by independent organizations that conduct salary reviews and surveys, current local market conditions and the organizations budget to determine appropriate salaries for the executive director and other key personnel.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organizations governing documents, conflict of interest policy and financial statements are made available on a request by request basis.”

Filing and Contact Details

Filer

Filer Name
Midland Shared Spaces Inc
EIN
45-4737063
Phone
4326850400
Address
3500 N A STREET 1100, MIDLAND, TX 79705

Signing Officer

Name
Marc Kondrup
Title
Operations Director
Signed
2022-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Kondrup
Formed
2012
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
10
Volunteers
12

Preparer

Firm
C Marc Martin CPA
Address
PO Box 1775, Midland, TX 79702
Preparer
C Marc Martin CPA
Phone
4326850094
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

“Midland share spaces began a fiscal sponsorship program during the year to allow an organization pursuing tax exempt status to bring its project under the umbrella of midland share spaces and granting the project legal and tax exempt protection during the process.”

Financial Statement Notes

Part X : FIN48 Footnote

“Midland shared spaces, inc. Adheres to accounting standards for uncertain income tax positions which would require additional disclosure. This applies to positions taken or expected to be taken in a tax return. Midland shared spaces, inc. Does not believe its financial statements include any uncertain tax positions.”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Special event expenses $17416”

Raw XML AppendixShowing 400 of 565 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0614
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06682
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MIDLAND SHARED SPACES PROVIDES AFFORDABLE WORKSPACE FOR NONPROFITS AT BELOW MARKET RENTS IN A CLASS A FACILITY. ALSO PROVIDED IS ALL FURNITURE AND EQUIPMENT, HIGH TECH MEETING ROOMS FOR TRAININGS, SMALLER BOARD ROOMS, COMMERCIAL KITCHEN, AND BREAK ROOMS.MIDLAND SHARED SPACES PROVIDES ALL INORMATION TECHNOLOGY AND COMMUNICATION SERVICES AND EQUIPMENT FOR TENANT NONPROFITS AS WELL AS ONSITE TECHNICAL SERVICE AT BELOW MARKET RATES.MIDLAND SHARED SPACES PROVIDES COLLABORATIVE NETWORKING WITH TENANTS, THE NONPROFIT SECTOR AND THE COMMUNITY AT LARGE AS A CATALYST FOR FUNDAMENTAL AND LASTING CHANGES IN THE COMMUNITY.MIDLAND SHARED SPACES PROVIDES FISCAL SPONSORSHIP OPPORTUNITIES TO ORGANIZATIONS PURSUING TAX EXEMPT STATUS. ONE ORGANIZATION CAME UNDER THE FISCAL SPONSORSHIP UMBRELLA DURING THE YEAR.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt01825088
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MARC KONDRUP
IRS990/BooksInCareOfDetail/PhoneNum04326850400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03500 N A STREET STE 1100
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079705
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt049962
IRS990/CashNonInterestBearingGrp/EOYAmt0786022
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt016411
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt096898
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt050804
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0164113
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt025500
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01850588
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-4134
IRS990/CYOtherExpensesAmt0740574
IRS990/CYOtherRevenueAmt0-435
IRS990/CYProgramServiceRevenueAmt0542896
IRS990/CYRevenuesLessExpensesAmt0988055
IRS990/CYSalariesCompEmpBnftPaidAmt0660286
IRS990/CYTotalExpensesAmt01400860
IRS990/CYTotalFundraisingExpenseAmt042164
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02388915
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt01611
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014501
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0280057
IRS990/DepreciationDepletionGrp/TotalAmt0296169
IRS990/Desc0MIDLAND SHARED SPACES, INC. PROVIDES NONPROFIT ORGANIZATIONS OPERATING IN MIDLAND COUNTY, TEXAS WITH ADMINISTRATIVE AND PROGRAM OFFICES IN A CLASS A FACILITY AT A DISCOUNTED RATE. SHARED SERVICES INCLUDING IT HARDWARE AND SUPPORT ARE ALSO PROVIDED TO TENANT ORGANIZATIONS AS WELL AS SELECT NONPROFITS OPERATING IN MIDLAND COUNTY, TEXAS BUT OUTSIDE THE MIDLAND SHARED SPACES FACILITY. MIDLAND SHARED SPACES WORKS TO ENCOURAGE NONPROFIT EFFICIENCY AND SUCCESS THROUGH COLLABORATION AND SHARED RESOURCES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt055000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01235072
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0924911
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015200
IRS990/FeesForServicesAccountingGrp/TotalAmt015200
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt047246
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt053658
IRS990/FeesForServicesOtherGrp/TotalAmt0100904
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0AUTUMN VEST
IRS990/Form990PartVIISectionAGrp/PersonNm1MARC KONDRUP
IRS990/Form990PartVIISectionAGrp/PersonNm2KRISTIN DITTO
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH RAY HUGHES II
IRS990/Form990PartVIISectionAGrp/PersonNm4COOKIE WETENDORF
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID POOLE
IRS990/Form990PartVIISectionAGrp/PersonNm6FORREST KROSCHEL
IRS990/Form990PartVIISectionAGrp/PersonNm7ADAM HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm8CHELSEA PERVIER
IRS990/Form990PartVIISectionAGrp/PersonNm9MEGHAN BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm10SUSANA NEALE
IRS990/Form990PartVIISectionAGrp/PersonNm11SPENCER BLAKE
IRS990/Form990PartVIISectionAGrp/PersonNm12LAURYN HENDRIX
IRS990/Form990PartVIISectionAGrp/PersonNm13KIMBERLY RAMIREZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0100032
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt161481
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt1OPERATIONS DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMED PAST PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9President ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt025500
IRS990/FundraisingDirectExpensesAmt017416
IRS990/FundraisingGrossIncomeAmt08225
IRS990/GainOrLossGrp/OtherAmt0-4502
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02410833
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0294
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03637
IRS990/InformationTechnologyGrp/ProgramServicesAmt053183
IRS990/InformationTechnologyGrp/TotalAmt057114
IRS990/InsuranceGrp/FundraisingAmt0173
IRS990/InsuranceGrp/ManagementAndGeneralAmt013112
IRS990/InsuranceGrp/ProgramServicesAmt030053
IRS990/InsuranceGrp/TotalAmt043338
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0368
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0368
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02732537
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07587488
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07345264
IRS990/LandBldgEquipCostOrOtherBssAmt010077801
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04502
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MIDLAND SHARED SPACES ENHANCES NONPROFIT EFFICIENCY, PROVIDES AFFORDABLE WORKSPACE AND BACK OFFICE SERVICES AND FOSTERS COLLABORATIONS THAT BETTER SERVE THE NONPROFITS AND PEOPLE OF MIDLAND COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08438042
IRS990/NetAssetsOrFundBalancesEOYAmt09426097
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-4502
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4502
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-9191
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-9191
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08383042
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08191025
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt04085
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04899
IRS990/OfficeExpensesGrp/ProgramServicesAmt027434
IRS990/OfficeExpensesGrp/TotalAmt036418
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03349
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021739
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt060662
IRS990/OtherEmployeeBenefitsGrp/TotalAmt085750
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/FundraisingAmt03025
IRS990/OtherExpensesGrp/FundraisingAmt11400
IRS990/OtherExpensesGrp/FundraisingAmt2174
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03542
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12354
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21400
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt316463
IRS990/OtherExpensesGrp/ProgramServicesAmt063437
IRS990/OtherExpensesGrp/ProgramServicesAmt158338
IRS990/OtherExpensesGrp/ProgramServicesAmt225190
IRS990/OtherExpensesGrp/ProgramServicesAmt35734
IRS990/OtherExpensesGrp/TotalAmt070004
IRS990/OtherExpensesGrp/TotalAmt160692
IRS990/OtherExpensesGrp/TotalAmt227990
IRS990/OtherExpensesGrp/TotalAmt322371
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08756
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08756
IRS990/OtherRevenueTotalAmt08756
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049597
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0311236
IRS990/OtherSalariesAndWagesGrp/TotalAmt0370083
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01940
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011061
IRS990/PayrollTaxesGrp/ProgramServicesAmt027339
IRS990/PayrollTaxesGrp/TotalAmt040340
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0584360
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016029
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07027
IRS990/PrincipalOfficerNm0MARC KONDRUP
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT/ SHARED SERV
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0542896
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0542896
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FISCAL SPONSORSHIP PROGRAM ALLOWS AN ORGANIZATION TO PURSUE ITS TAX EXEMPT STATUS WHILE OPERATING ITS PROJECT UNDER THE UMBRELLA OF MSS. UNDER THE FISCAL SPONSORSHIP PROGRAM, THE ORGANIZATION AGREES TO BRING THE PROJECT UNDER MSS SUPERVISION, GRANTING THE PROJECT LEGAL AND TAX EXEMPT PROTECTION. DURING 2021, MSS ALLOWED THE LITERACY COALITION OF THE PERMIAN BASIN INTO THE FISCAL SPONSORSHIP PROGRAM WHILE IT PURSUED ITS OWN TAX EXEMPT STATUS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0130326
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0530001
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02266
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0615835
IRS990/PYOtherRevenueAmt02295
IRS990/PYProgramServiceRevenueAmt0499968
IRS990/PYRevenuesLessExpensesAmt0-79183
IRS990/PYSalariesCompEmpBnftPaidAmt0497878
IRS990/PYTotalExpensesAmt01113713
IRS990/PYTotalRevenueAmt01034530
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0988055
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0785177
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0710106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01850588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0530001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0375357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0401566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0389386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03546898
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0368
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02266
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02747
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016427
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04254
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02295
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04102
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03934
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04735
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019320
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.57340
IRS990ScheduleA/PublicSupportPY170Pct00.44130
IRS990ScheduleA/PublicSupportTotal170Amt02054233

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,432,779
Liabilities
$6,682
Net assets
$9,426,097
Revenue
$2,388,915
Expenses
$1,400,860
Net income
$988,055
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.75$0.05$7.69$1.24$1.35$0.12
2023Summary only. Only limited summary data is available for this year.$7.97$0.16$7.81$1.30$1.48$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.02$0.03$7.99$0.98$2.43$1.44
2021Detailed filing. Detailed filing data is available for this year.$9.43$0.01$9.43$2.39$1.40$0.99
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.44$0.00$8.44$1.03$1.11$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.52$0.00$8.52$0.87$1.13$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.78$0.01$8.77$0.87$1.11$0.24
2017Summary only. Only limited summary data is available for this year.$9.02$0.01$9.01$0.84$1.07$0.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.26$0.02$9.25$0.81$1.11$0.30
2015Summary only. Only limited summary data is available for this year.$9.89$0.34$9.55$0.76$1.00$0.24
2014Detailed filing. Detailed filing data is available for this year.$11.0$1.18$9.79$1.78$1.07$0.71
2013Detailed filing. Detailed filing data is available for this year.$11.3$2.03$9.23$7.74$0.27$7.47