Imf Community Fund Inc
Nonprofit profile at a glance
- EIN
- 472915650
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Nashville, TN, USA
- Phone
- 6126363909
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $81,679
- Expenses
- $72,280
- Assets
- $195,223
- Liabilities
- $21,435
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- VERNON DIXON (PRESIDENT)
People named in this filing
- VERNON DIXON (PRESIDENT)
- CHRIS JACKSON (TREASURER)
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
The organization is organized for exclusively religious, charitable, educational and scientific purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986 or the corresponding provision of any future united states internal revenue law, including, for such purposes, the making of distributions to organizations that qualify as tax exempt organizations under said 501(c)(3) of the internal revenue code of 1986. Specifically, the organization will provide charitable giving to support community outreach events.
What it reported doing in 2024
Annual mlk celebration, to commemorate the life and legacy of dr. Martin l. King which included several youth events, panel discussions, and keynote speakers.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.6%; rating input score 85
- Program expense ratio: 95.6%; rating input score 96
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: 11.5%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 2.7; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 17.5% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 25.4% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 84.6% of revenue deployed · 95.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $69K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.