Metro West Community Development Organization

Nonprofit profile at a glance

EIN
814534855
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Cleveland, OH, USA
Phone
2169619073
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$1,854,598
Expenses
$2,069,894
Assets
$630,930
Liabilities
$507,275

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Highest reported compensation

  • EMILY LEE (EXEC. DIRECT): $115,396 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of metro west community development organization is to revitalize our neighborhoods, celebrate our history, and strengthen collaboration, diversity, and redevelopment.

What it reported doing in 2024

Economic development: we continue to support local businesses by providing technical assistance, connecting to resources, assisting neighborhood infrastructure projects, and through commercial code enforcement - exterior improvement program (lisc): registered businesses can participate in this program. In which we can refund them up to 2,500.00 for exterior building improvements. Through this initative, we distributed grants to 3 businesses to enhance the appearance and curb appeal of their properties. - marketing essentials for business growth(lisc): a four-session marketing workshop was held to guide 12 small businesses in developing effective marketing strategies and defining their brand identity. Businesses that attended at least three out of four sessions received 1,000 grant to implement their marketing strategies - financial smart for small business (score): in collaboration with score, we hosted a two-session workshop to help small busineess owners better understand their financial statements, build financial forecasts, and explore funding oppurtunities. A total of 8 businesses benefited from this program. - security system micro-grant program (cnp): businesses could applyfor up to 1,200 to enhance their security systems based on their individual needs. Through this program we were able to support 3 small businesses. - seasonal marketing campaigns: throughout the year, we highlighted different businesses by sharing diverse content such as photos, videos, posts, success stories, and features of newly opened businesses within our service area. - work local 2.0 job fairs (deaconess foundation): organized four job fairs in which we connected over 250 participants to local employment opportunities, workforce training, and other career resources. - partners organizations: strengthened partnerships and connected businesses to key local resources, including jumpstart, score, hispanic business center, hfla, greater cleveland partnership, and the city of cleveland.

Operating model

Revenue model
Grant-funded. 81% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 18
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.7%; rating input score 97
  • Program expense ratio: 86.7%; rating input score 87
  • Fundraising efficiency: $19.58 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: -2.3% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -4.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 96.7% of revenue deployed · 86.7% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.8M in reported program spending
  • Leadership: top reported pay $115K · 11 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 58/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.