Memphis Regional Design Center

Nonprofit profile at a glance

EIN
770686160
IRS 990-EZ coverage
2009–2012
Forms available
Form 990-EZ 2012
Location
Memphis, TN, USA
Phone
9012786868
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Visual Arts Organizations

Reported finances

Revenue
$33,014
Expenses
$91,209
Assets
$37,759

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

12 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the mrdc is to increase vitality and economic stability by promoting excellence in urban design and planning in the memphis area. To achieve this mission, the mrdc serves as a resource to the entire community, both the public and private sectors. A civic design center is a place where people come together to learn, discuss and solve community problems that affect their lives by employing the principles of good designto both the built and natural environment. When attention is given to urban design and planning, civic behavior and pride improve in caring for both private and public spaces; vandalism decreases; neighborhoods and public places become safer; the community's natural resources and unique history are preserved; property values, economic development and community investment increase; and people are drawn to and remain in these dynamic, revitalized cities. The quality of life of the citizens is enhanced.

What it reported doing in 2012

Presented public lectures on urban design; presented scholarships.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
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 total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 11
  • Transparency & Controls: 100
  • Sustainability: 10
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14.8%; rating input score 15
  • Program expense ratio: 5.3%; rating input score 5

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: -176.3%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 11.6% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 7.1% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: -53.3% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 14.8% of revenue deployed · 5.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2009 to 2012
  • 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 15/100.
  • High — Financial Efficiency: Program expense ratio scored 5/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • High — Growth: Asset growth scored 0/100.