Make It Right Foundation
Nonprofit profile at a glance
- EIN
- 260723027
- IRS 990 coverage
- 2010–2018
- Forms available
- Form 990 2018
- Location
- New Orleans, LA, USA
- Phone
- 5046203200
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $2,840,752
- Expenses
- $2,941,041
- Assets
- $22,648,930
- Liabilities
- $22,406,375
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
3 people listed
Highest reported compensation
- JAMES MAZZUTO (COO/TREASURER/BOARD SECRETARY): $125,230 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Make it right develops safe, cradle to cradle inspired homes, buildings and communities for people in need. Make it right foundation was founded two years after hurricane katrina to improve the design and performance of affordable housing. Initially focused on the lower-ninth ward area of new orleans, the foundation later amended its bylaws to expand to other communities within the united states and to share its experiences and lessons learned. The renewed purpose of the organization is to engage in charitable and educational efforts associated with the development of affordable, green homes in economically challenged areas and to share best practices associated with the construction and development of such homes. During 2018, make it right continued its efforts in new orleans.
What it reported doing in 2018
In 2018 make it right continued the assessment of its mission of sustainability that commenced in 2016.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 93
- Accountability: 60
- Sustainability: 37
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.3%; rating input score 95
- Program expense ratio: 91.8%; rating input score 92
- Fundraising efficiency: $0.03 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 50%; rating input score 50; 8th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.5%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 7.7; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.99; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -27.5% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -15.9% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -8.8% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 95.3% of revenue deployed · 91.8% of spending went to programs
- Governance: 1 of 2 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.7M in reported program spending
- Leadership: top reported pay $125K · 3 people listed
- Highest-paid contractors: 4 contractors listed · $721K reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes grants and related organizations
- Filing history: 7 filing years from 2010 to 2018
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 8 filed related-organization links
- 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.
- Review — Accountability: Independent voting board scored 50/100.
- High — Financial Efficiency: Fundraising efficiency scored 1/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.