Marine Corps League Department of Michigan Foundation
Nonprofit profile at a glance
- EIN
- 260411936
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Montrose, MI, USA
- Phone
- 2484216994
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
Reported finances
- Revenue
- $33,313
- Expenses
- $19,265
- Assets
- $56,242
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Gerald Alcorn (President)
- Art Menard (Vice President)
People named in this filing
- Gerald Alcorn (President)
- Art Menard (Vice President)
- Stephen Fletcher (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Receive and administer funds to support military veterans and their families. To support the Dept. of Michigan Marine Corps Leagues programs, scholarships and services.
What it reported doing in 2024
Conducted fundraising activities to raise funds for theDepartment of Michigan Marine Corps League forscholarship awards. See Schedule O for additional details.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 100
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50.9%; rating input score 51
- Program expense ratio: 85.4%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 42.2%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 2.92; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 21.5% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 18.4% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 16.7% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 50.9% of revenue deployed · 85.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $16K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2016 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.