Mfhl Corporation
Nonprofit profile at a glance
- EIN
- 752914146
- IRS 990 coverage
- 2010–2020
- Forms available
- Form 990 2020, Form 990-T 2020
- Location
- Dallas, TX, USA
- Phone
- 2147588000
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Family Services
- Affiliation
- Christianity
Reported finances
- Revenue
- $163,872
- Expenses
- $512,858
- Assets
- $4,770,457
- Liabilities
- $560,627
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- ALBERT L REYES (PRESIDENT AND CEO (EX OFFICIO))
- HENRY JACKSON (SR. VICE PRESIDENT)
- JEFFREY K GENTRY (SR VICE PRESIDENT AND CFO)
- JOANN COLE (VICE PRESIDENT)
Highest reported compensation
- ALBERT L REYES (PRESIDENT AND CEO (EX OFFICIO)): $508,128 total reported compensation
- PRISCILLA RENEE REIMER (VP, GENERAL COUNSEL, SECRETARY): $324,030 total reported compensation
- JEFFREY K GENTRY (SR VICE PRESIDENT AND CFO): $305,384 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide for the spiritual, physical and emotional needs for vulnerable children and families through services of care and housing for abused and neglected children, foster care placement, counseling for vulnerable children and families, assistance and charitable giving.
What it reported doing in 2020
21 families, including 43 children, resided at mfhl and received services to further their healing and education. This program also provides life skills training and job readiness education.
Operating model
- Revenue model
- Affiliate-supported. 65% of the money available for current operations came from contributions from related organizations.
- Distribution model
- Direct operator. The filing allocates 87% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 76
- Accountability: 84
- Sustainability: 30
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.1%; rating input score 85
- Fundraising efficiency: $1.68 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 79th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 87.5%; rating input score 88; 22nd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -213%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 9.3; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 62.2%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -2.3% per year; rating input score 0; 37th percentile among comparable filings
- Revenue growth: -11.1% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.1% of spending went to programs
- Governance: 7 of 8 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $436K in reported program spending
- Leadership: top reported pay $508K · 15 people listed · 0 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2010 to 2020
- Contacts: How to reach this organization
- Related organizations: 9 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 6/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.