Mcktexins Association

Nonprofit profile at a glance

EIN
752118717
IRS 990 coverage
2012–2013
Forms available
Form 990 2013
Location
Mckinney, TX, USA
Phone
9729522150
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$1,840,117
Expenses
$1,814,960
Assets
$1,555,341
Liabilities
$374,075

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID DICKERMAN (PRESIDENT)

People named in this filing

  • RICHARD MIKEAL (DIRECTOR)
  • DOMINIC LAMPE (DIRECTOR)
  • MARK NAMEY (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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mcktexins association dba pathways wellness is an employee association dedicated to supporting maintaining recreational educational wellness services for the benefit of its members, sponsors, the public, others. It also promotes friendliness, good fellowship, teamwork, a sense of accomplishment among members.

What it reported doing in 2013

Business services program the program manages three employee morale programs non-financial recognition, flower, and r6s programs. The recognition program is designed to provide a variety of options for managers to recognize employees it is meant to improve morale and increase the retention of valued employees. The web-based program allows managers to award employees for achievements in a timely, if not immediate manner. In 2013, 206 gift card orders were processed, 12,261 vouchers fulfilled. The web-based flower program is intended for use by departments to provide floral services or charitable donations as appropriate for an employee or their family. 953 flower orders and 96 donations were processed in 2013. The r6s program is designed to recognize employees who have completed the r6s training and received certification. The program is cost effective and has simplified the recognition process, allowing the r6s expert to focus on business related issues. In 2013, pathways filled 1,242 orders.

Operating model

Revenue model
Earned-program. 82% of the money available for current operations came from fees and other program 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.6%; rating input score 83
  • Program expense ratio: 83.8%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: 1.4%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.86; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -4.3% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -1.4% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 82.6% of revenue deployed · 83.8% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1.5M in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2012 to 2013
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.