Institute for the Advancement of Minority Health
Nonprofit profile at a glance
- EIN
- 834631016
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Ridgeland, MS, USA
- Phone
- 6016653812
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Operating Foundations
Reported finances
- Revenue
- $3,500,900
- Expenses
- $3,752,923
- Assets
- $1,531,851
- Liabilities
- $1,310,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Sandra Melvin (CEO)
Highest reported compensation
- Sandra Melvin (CEO): $191,878 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Institute for the Advancement of Minority Health was established in 2019 to reduce health disparities among disadvantaged and underserved minority populations in Mississippi through the established of community-based partnerships that utilize the health equity framework as the foundation for the development of culturally appropriate solutions.
What it reported doing in 2024
See Schedule O
Operating model
- Revenue model
- Grant-funded. 88% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 69
- Accountability: 100
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76%; rating input score 76
- Program expense ratio: 70.9%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -7.2%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.86; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 5.1%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: 28.2% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 27.3% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 35.8% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 76% of revenue deployed · 70.9% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.7M in reported program spending
- Leadership: top reported pay $192K · 10 people listed · 0 of 6 pay-setting controls reported
- Consistency: 26 of 29 current checks pass · 3 findings to review
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX DepreciationDepletion column sum did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- Review — Sustainability: Officer compensation ratio scored 53/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.