Majority Minority Foundation

Nonprofit profile at a glance

EIN
473355833
IRS 990-EZ coverage
2015–2018
Forms available
Form 990-EZ 2018
Location
Upper Marlboro, MD, USA
Phone
3013121514
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$50,000
Expenses
$24,750
Assets
$27,394
Liabilities
$0

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

Leadership & pay

1 person listed

Executive titles in this filing

  • Diettra Lucas (President)

People named in this filing

  • Diettra Lucas (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-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purposes for which the corporation is formed are as follows: To build networks of political, economic and cultural leaders within communities of color to educate, connect and train the next generation of leaders to solve the problems of the new millennium with a sustainable solutions based approach as the nation transitions to a majority minority populace over the next 30 years. Said corporation is organized exclusively for charitable and educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code ("IRC") as now in force or hereafter amended, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under IRC § 501(c)(3).

What it reported doing in 2018

The organization continued to work to create a fellowship program that will prepare young adults to join the workforce, have more involvement within their community, and have the ability to be paired with a mentor though-out the course.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 19
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14%; rating input score 14
  • Program expense ratio: 28.3%; rating input score 28

Transparency & Controls

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

Sustainability

  • Operating margin: 50.5%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 1.11; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 48.5%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -12.9% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -19.4% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -36% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 14% of revenue deployed · 28.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2015 to 2018
  • 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.

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 — Financial Efficiency: Mission deployment rate scored 14/100.
  • High — Financial Efficiency: Program expense ratio scored 28/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.