Mspgeek INC EIN 86-1277938

Mspgeek INC

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Connects MSP/TSP administrators to share solutions and ideas. For fiscal year 2024 it reported $450K in revenue, $518K in expenses, and $123K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Taylors, SC
Filings
3 on file (2022–2024)
Revenue
$450KFY2024
Expenses
$518K
Net assets
$123K
People
7
Filings
3
Updates
0
More identity details & actions ⌄
EIN  86-1277938 Public charity (501(c)(3)) Taylors, SC
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects MSP/TSP administrators to share solutions and ideas.
Leadership
Ashley Cooper · Director
Money in and out
$450K revenue, $518K expenses
Bottom line
99% program efficiency
Where the money goes · FY2024
Total revenue
$450K
Pt VIII · Ln 12
Total expenses
$518K
Pt IX · Ln 25
Net assets
$123K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$69K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate▼ -53% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -242% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$450K
FY2024▲ +3%
Expenses
$518K
FY2024▲ +33%
Total assets
$123K
FY2024▼ -36%
Total liabilities
$0
FY2024
Total revenue
$450K
Pt VIII · Ln 12
Total expenses
$518K
Pt IX · Ln 25
Net assets
$123K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$69K
Total assetsPt X · Ln 16$123K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $513K of program spending, described in the organization's own filed words · FY2024.
01

The organization built and maintains a platform to provide managed service providers, technical service providers and administrators the ability to communicate and collaborate on common challenges, issues and ideas.

$513Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMspgeek INC
EINHdr · item D86-1277938
Principal addressHdr · item CTaylors, SC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S40)
Ruling yearIRS BMFApr 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Pres/Treas
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$344K · 76%
Program service revenue$106K · 24%
Contributions & grants76%$344K
Program service revenue24%$106K
Total revenueLn 12$450K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$513K
Management & general1%$6K
Total functional expensesLn 25$518K

Balance Sheet

Part X · end of year
CashLn 1$123K
Total assetsLn 16$123K
Total liabilitiesLn 26$0
Total net assetsLn 32$123K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $123K · Operating expenses/yr $518K
2.8 months
Where the money goes
Program services
Program services $513K · Total expenses $518K
99%
Management & General
Management & general $6K · Total expenses $518K
1%
Fundraising
Fundraising $0 · Total expenses $518K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $333K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $344K · Total revenue $450K
76%
Government reliance
Government grants — · Total revenue $450K
Earned-income share
Program service revenue $106K · Total revenue $450K
24%
Investment reliance
Investment income $0 · Total revenue $450K
0%
Program self-sufficiency
Program service revenue $106K · Total expenses $518K
20%
Growth & trend
Revenue growth (YoY)
This year $450K · Prior year $436K
+3%
Net-asset trend (YoY)
End of year $123K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $450K · Expenses $518K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $123K
Net-asset ratio
Net assets $123K · Total assets $123K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $123K
0%
People & payroll
Highest Reported Total Compensation
Individual Ashley Cooper · Reported title Director · Highest reported compensation $0 · Total expenses $518K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $518K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth 3%
Investment management fee ratio 0%
Legal fee ratio 0.3%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$450K revenue · viewing · ⤓ 990 PDF
FY2023$436K revenue · ⤓ 990 PDF
FY2022$147K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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