ELVES & MORE-WEST Michigan C/o Marcia Borowka

Nonprofit profile at a glance

EIN: 202672836
IRS 990-EZ coverage: 2010–2021
Forms available: Form 990-EZ 2021
Location: Grandville, MI, USA
Phone: 6166074834
Rating: 43
Verdict: MIXED
Rating confidence: Moderate
Sector: Children's, Youth Services

Official website

Reported finances

Revenue: $2,102
Expenses: $273
Assets: $0
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

Elizabeth Bracken (President)

People named in this filing

Elizabeth Bracken (President)
Marcia Borowka (Treasurer)
Tiffany Armstrong (Board Member)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Providing bicycles to underprivelaged / low income children.

What it reported doing in 2021

Children & Youth Services, General/Other: Due to changes within the organization and need of the children served the annual bike build for 2019 was moved to the spring of 2020. As a result of the pandemic, we have not been able to procure bicycles nor has it been allowed by law to gather, build and distribute at a community event. As such, we dissolved the organization effective 02/2021 and wrapped up operations by October

Operating model

Revenue model: Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model: No current program activity. The filing reports no program spending for the current year.

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: 0
Transparency & Controls: 100
Sustainability: 53
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 0%; rating input score 0
Program expense ratio: 0%; rating input score 0

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: 87%; rating input score 98; 98th percentile among comparable filings
Total-asset coverage 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: -11.3% per year; rating input score 0; 32nd percentile among comparable filings
Revenue growth: -10.6% per year; rating input score 0; 28th percentile among comparable filings
Asset growth: -9.6% per year; rating input score 0; 16th percentile among comparable filings

Details

Where the money goes: 0% of revenue deployed · 0% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment
Leadership: top reported pay $0 · 7 people listed
Consistency: 9 of 9 current checks pass
Schedules: 4 filed schedules
Filing history: 12 filing years from 2010 to 2021
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 — Financial Efficiency: Mission deployment rate scored 0/100.
High — Financial Efficiency: Program expense ratio scored 0/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.