County of Mecosta Development Corporation

Nonprofit profile at a glance

EIN
383337520
IRS 990-EZ coverage
2015–2018
Forms available
Form 990-EZ 2018, Form 990-N 2014
Location
Big Rapids, MI, USA
Phone
2317967649
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$21,526
Expenses
$29,702
Assets
$24,158

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • MICHELLE BARKER (PRESIDENT)

People named in this filing

  • MICHELLE BARKER (PRESIDENT)
  • DANETTE DOYLE (DIRECTOR)
  • JOSHUA PYLES (DIRECTOR)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To operate and act exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, including, without limitation, to relieve poverty, eliminate prejudice, reduce neighborhood tensions, combat community deterioration within economically depressed areas of the county of mecosta, increase employment and business opportunities and help generate new and additional tax revenues within the county of mecosta, which may be unable to obtain aid through conventional sources, both on or near their present sites and on new sites within the county of mecosta, and the attraction and encouragement of new commercial and industrial businesses to sites within the county of mecosta by conducting studies, developing land use and assisting and encouraging the development of sound business plans, counseling businesses, encouraging employment of low and moderate income persons and engaging in other similar activities which may be ca

What it reported doing in 2018

To increase employment and business opportunities to help generate new and additional resources within the county of mecosta, by promoting, encouraging and assisting the expansion of existing commercial and industrial businesses to sites within the county of mecosta. To make and accept grants and loans and to provide services to and accept the provision of services from other charitable organizations, in order to further the charitable and educational purposes of this corporation.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.8%; rating input score 68
  • Program expense ratio: 49.1%; rating input score 49

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -38%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 42; 42nd 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: -1.2% per year; rating input score 0; 46th percentile among comparable filings
  • Revenue growth: -47% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -26.1% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 67.8% of revenue deployed · 49.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2015 to 2018
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 49/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.