MDI

What it reported doing in 2024

Mdi is a social enterprise business model employing both people with and without disbilities. Individuals with disabilities develop skills through training and support which allows them to gain experience and earn more than minimum wage and benefits. Employee development is inherent in our work with employees with disabilities, getting opportunities to gain skills that allow them to apply for and get promotions. Mdi also offers work and training programs for schools, county and rehabilitation agencies. Mdi's vision is meaningful employment for all people with disabilities. In 2024, unified work provided soft skills training and experiences to people with disabilities through 26 classes with 500 participants. Classes are either in person or via zoom and are effective not only for people with disabilities but also people with other barriers to employment. New service options include: 1. Launching of the unified work online learning platform so people with disabilities can have access to similiar experiences at any time, almost anywhere. 2. Offering virtual reality work experiences that provide three to five minute opportunities for people with disabilities to get experiences in a variety of industries and actually see what it might be like to work in a job that they have not experienced. 3. Development and implementation of three stem boxes have been created, stem circuits, stem invent and stem robot to give people with disabilities experiences working in the industry of electricity. These and future stem boxes can give people with disabilites access to careers that they have never thought of pursuing.

Financial Efficiency

• Mission deployment rate: 78.4%; rating input score 78
• Program expense ratio: 93.2%; rating input score 93
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd 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: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 15.9%; rating input score 77; 77th percentile among comparable filings
• Total-asset coverage ratio: 0.42; rating input score 12; 12th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
• Officer compensation ratio: 1.1%; rating input score 85; 85th percentile among comparable filings

Growth

• Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
• Revenue growth: 7.5% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 10.1% per year; rating input score 100; 65th percentile among comparable filings