Michigan Association of County Treasurers
Nonprofit profile at a glance
- EIN
- 382363595
- IRS 990 coverage
- 2020–2020
- Forms available
- Form 990 2020
- Location
- Ludington, MI, USA
- Phone
- 2318520808
- Rating
- 30
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $109,231
- Expenses
- $178,578
- Assets
- $173,866
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Jennifer Nash (President)
- Robert Robinson (1st Vice President)
- Cathy Lundsford (2nd Vice President)
- Jenny Beemer-Fritzinger (Immediate Past President)
People named in this filing
- Jennifer Nash (President)
- Robert Robinson (1st Vice President)
- Cathy Lundsford (2nd Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide training and networking for the 83 County Treasurers in Michigan
What it reported doing in 2020
A program directory is issued to members in conjunction with the summer training institute. Training is held several times throughout the year in addition to the training institutes to educate its members.
Operating model
- Revenue model
- Membership-supported. 69% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up. 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: 0
- Transparency & Controls: 90
- Accountability: 6
- Sustainability: 30
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -63.5%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 0 of 16 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 4/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.