Microcare Community Development Solutions
Nonprofit profile at a glance
- EIN
- 812556015
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2021
- Location
- Tucson, AZ, USA
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $312,102
- Expenses
- $141,642
- Assets
- $288,304
- Liabilities
- $81,596
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Wayne Chandler (Director)
- Petrona Zickgraf (Director)
- Dezmin Ferminio (Treasurer)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Micro-finance and technical assistance
What it reported doing in 2024
MicroCare Community Development Solutions advanced its exempt purpose by providing programs that support underserved communities through financial literacy, access to affordable capital, and community development initiatives. During the year, MicroCare: Supported small businesses and entrepreneurs with technical assistance, loan readiness, and compliance guidance to expand economic opportunities. Conducted community outreach, workshops and education sessions that enhanced financial literacy, helping individuals better manage resources and prepare for lending opportunities. Maintained compliance and reporting as a certified CDFI to ensure continued access to funding that directly benefits low-income and underserved populations. Through these efforts, MicroCare strengthened community resilience, expanded access to capital, and promoted sustainable development aligned with its nonprofit mission. MicroCare Community Development Solutions carried out its exempt purpose of supporting underserved communities by expanding access to financial education, technical assistance, and affordable capital. By maintaining CDFI compliance and advancing toward full certification, MicroCare ensured continued capacity to channel capital and services into low-income and historically underserved communities, directly advancing its mission of community development and economic empowerment. In doing so, MicroCare also emphasized the importance of avoiding predatory lenders, helping individuals and small businesses make informed financial decisions and access fair, transparent, and affordable financing options. MicroCare provided financial literacy and technical assistance workshops to 124 participants, equipping them with tools to strengthen personal financial management and prepare for small business financing. We also supported 44 entrepreneurs through loan readiness training, one-on-one consulting, and access to capital for credit building, vocational education, and rent assistance. In addition, MicroCare successfully met CDFI compliance requirements and is awaiting final certification.
Operating model
- Revenue model
- Donor-supported. 96% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.1%; rating input score 37
- Program expense ratio: 81.6%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 54.6%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 2.04; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 44.5% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 65.4% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 37.1% of revenue deployed · 81.6% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $116K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.