Massie Memorial Foundation

Nonprofit profile at a glance

EIN: 237077630
IRS 990-EZ coverage: 2010–2020
Forms available: Form 990-EZ 2020
Location: San Angelo, TX, USA
Phone: 3256555747
Rating: 51
Verdict: MIXED
Rating confidence: Moderate
Sector: Private Grantmaking Foundations

Reported finances

Revenue: $10,000
Expenses: $18,687
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

Pierce Miller (Secretary)
Roger Dolliver (Chairman)
Douglas Bean (Trustee)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the Foundation is to help in the education and training of young people in the West Texas area by providing support through scholarships and grants to worthy organizations and programs.

What it reported doing in 2020

Grants to Area Wide Organizations

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 17
Transparency & Controls: 100
Sustainability: 14
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 19.9%; rating input score 20
Program expense ratio: 10.6%; rating input score 11

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: -86.9%; rating input score 14; 14th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -0.4% per year; rating input score 0; 61st percentile among comparable filings
Revenue growth: 22% per year; rating input score 100; 95th percentile among comparable filings
Asset growth: -19.4% per year; rating input score 0; 9th percentile among comparable filings

Details

Where the money goes: 19.9% of revenue deployed · 10.6% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $2K in reported program spending
Leadership: top reported pay $0 · 7 people listed
Consistency: 5 of 6 current checks pass · 1 finding to review
Schedules: 4 filed schedules
Filing history: 11 filing years from 2010 to 2020
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.

High — Financial Efficiency: Mission deployment rate scored 20/100.
High — Financial Efficiency: Program expense ratio scored 11/100.
Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
High — Sustainability: Operating margin scored 14/100.
High — Growth: Program expense growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.