Mayflower Communities Inc
Nonprofit profile at a glance
- EIN
- 261446350
- IRS 990 coverage
- 2012–2019
- Forms available
- Form 990 2019, Form 990-N 2011
- Location
- Addison, TX, USA
- Phone
- 4694205450
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $89,941,707
- Expenses
- $20,123,929
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JOE ANDERSON (PRESIDENT & CEO)
People named in this filing
- DAVID GOBBLE (CHAIRMAN)
- BERNIE FRANCIS (SECRETARY/TREASURER)
- SUSAN CARTER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To own and operate a healthcare facility to provide quality residential housing for senior citizens along with personal services, assisted living, and nursing services.
What it reported doing in 2019
A nursing and retirement facility with services ranging fromindividual retirement living to 24-hour skilled nursing care.
Operating model
- Revenue model
- Other-operating. 88% of the money available for current operations came from other operating 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 90
- Accountability: 41
- Sustainability: 58
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.7%; rating input score 18
- Program expense ratio: 89.5%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 20%; rating input score 20; 9th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 77.6%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 98; 98th percentile among comparable filings
Growth
- Program expense growth: 10.8% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 44.8% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: -14% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 17.7% of revenue deployed · 89.5% of spending went to programs
- Governance: 1 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $18M in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules
- Filing history: 8 filing years from 2012 to 2019
- Contacts: How to reach this organization
- Related organizations: 9 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Accountability: Independent voting board scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.