Mid America Regional Development Incubator Inc

Nonprofit profile at a glance

EIN
452483617
IRS 990-EZ coverage
2017–2019
Forms available
Form 990 2016, Form 990-EZ 2019
Location
Garden City, MO, USA
Phone
5733386000
Rating
33
Verdict
REVIEW
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$4,820
Expenses
$17,374
Assets
$1,325
Liabilities
$20,000

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JOHN ORTIZ (PRESIDENT)

People named in this filing

  • JOHN ORTIZ (PRESIDENT)
  • MICHELLE HUGHES (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Providing business education to assist aspiring entrepreneurs and small business owners and farmers. The organization assists in educating and assisting small farmers to move from commercial agriculture to organic agriculture.

What it reported doing in 2019

Mid america regional developmental incubator has applied for a grant with Missouri to develop a certification program for non-gmo soybeans and corn. The certification program will prevent other states from dumping non-gmo products in Missouri after we have developed markets in Missouri. The mtc will be used to contract with an organic certifier to develop a program for non-gmo seed/crops in Missouri. It is a way that is makes it easier for a farming business to get started producing organic product. $25,200 was spent with mtd, llc working on the visps program. Visps is a verification program to verify that a production is chemical free and non-gmo. Mtd works with farm growers and trains them on standard operating procedures required for producing and qualifying non-gmo products

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

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: 82
  • Sustainability: 11
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -260.5%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 15.09; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -70.9% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: -7.5% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2017 to 2019
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.