Marwood Corporation

Nonprofit profile at a glance

EIN
350882342
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
West Lafayette, IN, USA
Phone
9495584472
Rating confidence
Limited

Reported finances

Revenue
$108,870
Expenses
$101,679
Assets
$96,634

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

Leadership & pay

5 people listed

Executive titles in this filing

  • LANDON WOODS (PRESIDENT)

People named in this filing

  • DAWSON MARUER (HOUSE TREASU)
  • WIL GRIFFEL (VICE PRESIDE)
  • GRAHAM STACEY (RISK MANAGER)

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

Marwood corporation is a nonprofit organization with the primary objective of providing housing for undergraduate students studying at purdue university located in west lafayette, Indiana. No one in the corporation including students and members of the corporation board receive pay for their services. However, bills are collected from students currently living in the house for the entirety of the semester or semesters that he lives in the house. Bills charged to the members of the house are comprised of a monthly house bill as well as a bi-monthly bill to the corporation. All memeber bills collected by the house treasurer are used for the upkeep of the house including but not limited to utilities and food. All member bills collected by the coporation treasurer are used to pay for major expenses including but not limited to insurance, capital projects and repairs. Student house members are in charge of keeping the house operating through various house positions including president, inte

Operating model

Revenue model
Membership-supported. 94% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.6%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.95; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.6% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: Filed program service accomplishments
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 51/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.