Az-1 Inc

Nonprofit profile at a glance

EIN
611533259
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Clarks Grove, MN, USA
Phone
5073778838
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services N.E.C.

Reported finances

Revenue
$84,777
Expenses
$85,862
Assets
$83,210

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVID PETERSON (PRESIDENT)

People named in this filing

  • DAVID PETERSON (PRESIDENT)
  • CHAD VOGT (VICE PRESIDE)
  • JAMES TROE (SECRETARY/TR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide resources to the residents of the city of albert lea, freeborn county, and southern Minnesota, particularly the youth and those in need by providing programming and services using a faith based approach to meet the challenges and needs of the community. The further purpose shall be to support other non-profits with the same goals, both in the united states and abroad.

What it reported doing in 2024

Shinefest - the purpose of shinefest is to show love in action through practical service to the community. This program is designed to mobilize these volunteers from various churches under one banner in an effort to help existing organizations within the community to be more effective. Shinefest works to rehabilitate homes for those in need, assists residents with tree trimming, lawn mowing, demolition, gardening and other housing maintenance for those in need. The 2023 special project of jack frosts closet was conducted. This collects winter coats and socks to deliver to those in need.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.5%; rating input score 95
  • Program expense ratio: 94.3%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1.3%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 45; 45th 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: -2.6% per year; rating input score 0; 41st percentile among comparable filings
  • Revenue growth: -4.9% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: -20.4% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 95.5% of revenue deployed · 94.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $81K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.