Massie Memorial Foundation

Overview

Mission

The purpose of the Foundation is to help in the education and training of young people in the West Texas area by providing support through scholarships and grants to worthy organizations and programs.

What it reported doing in 2020

Grants to Area Wide Organizations

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

Nonprofit profile at a glance

EIN
237077630
IRS 990-EZ coverage
2010–2020
Forms available
Form 990-EZ 2020
Headquarters
San Angelo, TX, USA
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Public, Societal Benefit

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The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 17
  • Transparency & Controls: 100
  • Accountability: NotEnoughData
  • Sustainability: 16
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.9%; rating input score 20
  • Program expense ratio: 10.6%; rating input score 11

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -86.9%; rating input score 14; 14th percentile among comparable filings
  • Operating reserve ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 61st percentile among comparable filings
  • Revenue growth: 22% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: -19.4% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 19.9% of revenue deployed · 10.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 11 annual filings from 2010 to 2020
  • Money network: 1 filed money-flow record