Middletown Area Senior Citizens Inc

Nonprofit profile at a glance

EIN
311026085
IRS 990 coverage
2010–2021
Forms available
Form 990 2021, Form 990-T 2021
Location
Middletown, OH, USA
Phone
5134231734
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Senior Centers

Official website

Reported finances

Revenue
$2,501,838
Expenses
$1,937,157
Assets
$5,344,159
Liabilities
$155,532

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • DR RICK HASEMEIER (PRESIDENT)
  • RICK FISHBAUGH (VICE PRESIDENT)
  • KEITH CROTHERS (FORMER EXECUTIVE DIRECTOR)
  • NANCY MUNAFO (EXECUTIVE DIRECTOR)
  • DIANE ROGERS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • NANCY MUNAFO (EXECUTIVE DIRECTOR): $83,519 total reported compensation
  • KEITH CROTHERS (FORMER EXECUTIVE DIRECTOR): $24,790 total reported compensation
  • DIANE ROGERS (EXECUTIVE DIRECTOR): $9,113 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to serve maturing men and women by addressing their needs and interests which contribute enjoyment and independence.

What it reported doing in 2021

Senior center facility for wellness activities and recreational programs: multiple activities for social engagement and health and wellness are provided to the members. Assistance was also provided to applicants for water discounts, shared harvest, the prevent blindness program, home repairs, resources for medical expneses, and medicaid and food stamp programs.

Operating model

Revenue model
Grant-funded. 83% of the money available for current operations came from government grants.
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

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 70
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.9%; rating input score 66
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $48.31 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 12th 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 22.6%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 2.76; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 6.1%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: -1.4% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: -0.6% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 65.9% of revenue deployed · 85.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.6M in reported program spending
  • Leadership: top reported pay $84K · 14 people listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2010 to 2021
  • 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.

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 — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.