Friends of Ironton Inc
Nonprofit profile at a glance
- EIN
- 352222596
- IRS 990 coverage
- 2013–2025
- Forms available
- Form 990 2025, Form 990-T 2025
- Location
- Ironton, OH, USA
- Phone
- 7405337333
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $100,301
- Expenses
- $85,022
- Assets
- $510,888
- Liabilities
- $6,733
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Richard Jansen (President)
- Jeff Mowery (Vice President)
People named in this filing
- Valerie Freeman (Board Member)
- Gregory Frazer (Board Member)
- Richard Jansen (President)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote growth of community Base and to identify and undertake activities/projects to enhance the quality of life and economic environment of the community.
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 99% 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 fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 67
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.9%; rating input score 67
- Program expense ratio: 78.9%; rating input score 79
- Fundraising efficiency: $10.8 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- 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: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15.2%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 6.01; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 66.9% of revenue deployed · 78.9% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 13 filing years from 2013 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Fundraising efficiency scored 39/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.