Midtown Partners Inc

What it reported doing in 2024

Education: little samaritan montessori center (established in 2003): the early childhood center provides affordable childcare and education for children 0-5 based upon the montessori principles founded by maria montessori. The center consists of six classrooms, which includes two baby rooms, two one-year old rooms, one 2-year-old room and a 3-5 year old room for a combined full day enrollment of 60. While enrollment opportunities are open for all families, preference is given for those living in the midtown community with scholarships being available for those families who might be experiencing an economic barrier.the early childhood commission of mid-jackson (established in 2011): the commission was established to serve as the host for all initiatives supported by midtown partners and related to early childhood education. The mission of the early childhood commission is to help ensure that every child who enters kindergarten is physically, emotionally, socially, and academically ready to learn.programs included: - excel by 5 certification - parenting 411 - early links to innovation - early care cultivation - family resource centermavs connect (an exploratory learning after-school experience re-established in 2009): project innovation is a child-centered and community-based learning experience based on intellectual exploration. The organization offers enrichment experiences for approximately 75 4th-8th grade students and their parents who attend midtown public charter school. The after-school program is founded upon the components involving stem (science, technology, engineering and math) and includes activities relating to aviation, community gardening, arts, and technology and leadership development.midtown public charter school (established in 2014): midtown public charter school is a charter school established in midtown jackson designed to serve students in grades prek-4 1st and 4th 8th grades. Midtown public is built on the premise that excellent teaching, grounded in the development of character, self-efficacy, and critical thinking skills, can fundamentally transform the lives of students, their families, and the entire community. For the 2024/2025 school year, midtown public had a total enrollment of 440 students.mid-jackson family resource center (re-established in 2023): located at 301 adelle street and operated in partnership with Mississippi state university extension services, the family resource center provides assistance to families and early childhood centers located within hinds county. Assistance includes resources related to child development along with a wide range of materials that childcare workers can use to enhance the experiences of those children enrolled in their centers. Materials include copying services, dye cuts, laminating machine, an overhead projector for project layouts and developed thematic units.

Financial Efficiency

• Mission deployment rate: 92.5%; rating input score 93
• Program expense ratio: 95.3%; rating input score 95
• Fundraising efficiency: $271.56 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 51.8%; rating input score 52; 16th 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; 63rd percentile among comparable filings
• Governance controls: 8 of 8 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: 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: 3.3%; rating input score 45; 45th percentile among comparable filings
• Total-asset coverage ratio: 1.2; rating input score 43; 43rd percentile among comparable filings
• Liabilities to assets ratio: 0.32; rating input score 32; 32nd percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 75; 75th percentile among comparable filings

Growth

• Program expense growth: 10.9% per year; rating input score 100; 67th percentile among comparable filings
• Revenue growth: 11.3% per year; rating input score 100; 73rd percentile among comparable filings
• Asset growth: 14.6% per year; rating input score 100; 73rd percentile among comparable filings