Mclaren Oakland Foundation
Nonprofit profile at a glance
- EIN
- 200442217
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- Pontiac, MI, USA
- Phone
- 2483385000
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $11,672
- Expenses
- $47,491
- Assets
- $1,697,925
- Liabilities
- $102,931
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- LORENZO SUTER (CEO)
Highest reported compensation
- LYNN MARCOTTE (TREASURER): $306,317 total reported compensation
- LORENZO SUTER (CEO): $188,514 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To solicit, accept and invest contributions, gifts, devices and bequests for the benefit of mclaren oakland and its affiliated organizations.
What it reported doing in 2024
Mclaren oakland general support - to solicit, accept and invest contributions, gifts, devices and bequests for the benefit of mclaren oakland and its affiliated organizations.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 60
- Accountability: 47
- Sustainability: 33
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94%; rating input score 94
- Program expense ratio: 23.1%; rating input score 23
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 84.6%; rating input score 85; 5th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 33.3%; rating input score 33; 19th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -306.9%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 35.75; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 175.4%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -15.6% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: -6.8% per year; rating input score 0; 38th percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 94% of revenue deployed · 23.1% of spending went to programs
- Governance: 1 of 3 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $306K · 3 people listed · 0 of 6 pay-setting controls reported
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Related organizations: 54 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: Program expense ratio scored 23/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Independent voting board scored 33/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.