Marc Inc

Nonprofit profile at a glance

EIN
751038411
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Midland, TX, USA
Phone
4326959901
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$8,542,013
Expenses
$9,361,455
Assets
$18,035,775
Liabilities
$3,205,342

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • KARRI GEILING (EXECUTIVE DIRECTOR)
  • KAYLA MINCHEW (EXECUTIVE DIRECTOR)
  • KATY MORROW (PRESIDENT)
  • CLINT WILLIAMSON (PAST PRESIDENT)

Highest reported compensation

  • ANGELIA PRICE (DIRECTOR OF FINANCE): $105,181 total reported compensation
  • JANET CARTER (DOCTOR): $101,510 total reported compensation
  • CHERYL BECKER-RAMIREZ (DIRECTOR OF NURSING): $92,025 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide a spectrum of resources and support to our community and to the individuals with intellectual and developmental disabilities.

What it reported doing in 2024

Marc's home and community based services program includes residential homes, in home support, supported home living, and foster care. Residential homes have four residents living in each home. Residents participate in programs developed by their support team which includes goals to help each individual obtain the highest level of independence possible. In home support allows individuals to live in his/her own home with marc staff available to implement programming and training developed by the team. Supported home living is for individuals who choose to live in their own homes or apartments. The support team develops a plan with goals for each person. Staff supports the individual with training, transportation and social opportunities. Foster care is a facet of hcs whereby adults live with their families or an approved foster parent. The support team develops a program to be implemented at home. The person may attend marc's vocational program or other available day programs. Each person supported in the hcs program participates in a job related activity provided by marc.

Operating model

Revenue model
Earned-program. 72% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 94
  • Accountability: 69
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73%; rating input score 73
  • Program expense ratio: 66.5%; rating input score 67
  • Fundraising efficiency: $14.08 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 54.8%; rating input score 55; 8th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.6%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 1.93; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 8.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 2.2% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 2.4% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 73% of revenue deployed · 66.5% of spending went to programs
  • Governance: 17 of 31 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $6.2M in reported program spending
  • Leadership: top reported pay $105K · 31 people listed
  • Highest-paid contractors: 5 contractors listed · $3.2M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 2 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.
  • 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.

  • Review — Accountability: Independent voting board scored 55/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.