Bonebrake-mcmurtrey Foundation Ltd

Nonprofit profile at a glance

EIN
431514904
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Salem, MO, USA
Phone
5737293400
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$49,256
Expenses
$32,924
Assets
$617,907
Liabilities
$1,800

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

Leadership & pay

9 people listed

Executive titles in this filing

  • DAVID L MASSENGALE (V. PRESIDENT)
  • NANCY R MOENSTER (PRESIDENT/TR)

People named in this filing

  • CARILEE M BALL (TRUSTEE)
  • MICHAEL E GODI (TRUSTEE)
  • BONNIE J GRAY (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Nurture understanding and appreciation of nature and culture through experiences at the bonebrake center of nature and history.

What it reported doing in 2024

Effective january, 2023, the board of trustees approved the creation of memorial scholarships, based on the level of income paid by the community foundation of the ozarks from earnings on endowed funds which it maintains for the bonebrake center. Since the memorial scholarships are based on the earnings generated by cfo for the bonebrake center, the amounts of the scholarships will vary from year to year, based on a pre-determined formula approved by the board. The endowed scholarships are in memory of two extremely important individuals in the creation, maintenance, and popularity of the bonebrake center. One individual, dr. Macdonald bonebrake, had the foresight to envision the development of his home property for the benefit of salem, dent county, and surrounding areas. The other individual, libby b. Sanders, an original trustee, was instrumental in developing and conducting programs for the bonebrake center, contributing an inordinate amount of time at the bonebrake center acting also as the unpaid executive director. Most unfortunately for the bonebrake center and all the people she touched, libby succumbed to covid after a surgery.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.7%; rating input score 61
  • Program expense ratio: 80.1%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 33.2%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 18.77; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 2.2% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 60.7% of revenue deployed · 80.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $26K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.