Mid-Iowa Community Action Inc

Nonprofit profile at a glance

EIN
420923311
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Marshalltown, IA, USA
Phone
6417527162
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$14,516,778
Expenses
$14,150,074
Assets
$3,906,485
Liabilities
$1,150,779

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

Leadership & pay

18 people listed

Executive titles in this filing

  • CLARISSA THOMPSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CLARISSA THOMPSON (EXECUTIVE DIRECTOR): $125,211 total reported compensation
  • TAMMY CHYMA (CFO): $94,665 total reported compensation

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

Overview

Mission

Mica implemented the home arp (american rescue plan) program to provide assistance to individuals experiencing homelessness.

What it reported doing in 2024

Mid-Iowa community action inc. (mica) was funded to serve 173 preschool head start & 76 early head start children and families. Preschool head start served a total of 202 preschool children and early head start served a total of 107 infants and toddlers and 8 pregnant women during the 2024-2025 school year. Preschoolers enrolled in the mica early head start (ehs) program received child development services through center based programming or homebased programming. Preschoolers enrolled in the mica preschool head start (hs) program received child development services through center based programming or homebased programming. Children receiving services in center-based programming were provided nutritious food that met usda child and adult care food program requirements. Enrolled children received screenings, including developmental, social emotional, hearing, vision, communication skills, nutrition and blood lead level screenings. Of the head start children served, 29% had a diagnosed disability and 16% of the early head start children served had a diagnosed disability. All ehs and hs children diagnosed with a disability received intervention services. Families of enrolled children received assessments and referral services, home visits, socialization opportunities, parent education training and leadership opportunities. E.g. Policy council.

Operating model

Revenue model
Grant-funded. 90% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 38
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.2%; rating input score 85
  • Program expense ratio: 87.4%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.5%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 1.6%; rating input score 80; 80th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 11th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 17th percentile among comparable filings

Details

  • Where the money goes: 85.2% of revenue deployed · 87.4% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $12.4M in reported program spending
  • Leadership: top reported pay $125K · 18 people listed
  • Highest-paid contractors: 5 contractors listed · $1.3M reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.
  • 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: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.