Marengo My Home

Nonprofit profile at a glance

EIN
881580951
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2021
Location
Marengo, OH, USA
Phone
7572875079
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$35,745
Expenses
$31,741
Assets
$11,000
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Travis Vought (Chairman)
  • Ronda Siegfried (Treasurer)
  • Carol Weiss (Secretary)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Marengo My Home is a community civic organization which puts on parades, festivals and similar events to promote sense of belonging and community spirit in Marengo, Ohio.

What it reported doing in 2023

The signature events of Marengo My Home included Fall Festival for Marengo Ohio which brought in 40+ vendors and entertainers for the enjoyment of the community. Memorial Day and Christmas Parades. Christmas in the Village which included free food, activities, entertainment and presents for local families. The Organization gave out a large number of blankets to families in need as well.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.1%; rating input score 67
  • Program expense ratio: 75.6%; rating input score 76

Transparency & Controls

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

Sustainability

  • Operating margin: 11.2%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 19.4% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 152.4% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 44.5% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 67.1% of revenue deployed · 75.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $24K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • 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: Total-asset coverage ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.