Midland Inspires

Nonprofit profile at a glance

EIN
841904941
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022
Location
Midland, TX, USA
Phone
4325505882
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Coalitions

Reported finances

Revenue
$264
Expenses
$219,810
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • ELLEN RAMSEY (CHAIRMAN)
  • JONNA SMOOT (VIce Chairman)
  • TERI PENDER (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-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Midland Inspires is a womens empowerment organization. We empower our members to become educated philanthropists so we can create meaningful change in our community. Through a pooled fund, our members make significant charitable investments to address critical local issues like healthcare, education and family welfare.

What it reported doing in 2022

Midland Inspires was created to help women become informed philanthropists by teaching them what to look for, what questions to ask, how to determine which nonprofits produce measurable outcomes - and how to use their dollars to make a real difference by investing wisely. We provide this education, along with leadership training, through the vehicle of our annual grant cycle.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.8%; rating input score 91

Transparency & Controls

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

Sustainability

  • Operating margin: -83,161.4%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 79.8% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -66.2% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -57.2% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $200K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • 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.

  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.