Mikeroweworks Foundation

Nonprofit profile at a glance

EIN
264324338
IRS 990 coverage
2010–2025
Forms available
Form 990 2025, Form 990-T 2025
Location
Los Angeles, CA, USA
Phone
3102774657
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$13,456,011
Expenses
$6,152,531
Assets
$20,637,182
Liabilities
$15,697

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • MICHAEL G ROWE (CEO AND CFO)
  • MARY SULLIVAN (PRESIDENT AND COO)
  • KIMBERLY ESTRADA (VICE PRESIDENT AND SECRETA)

People named in this filing

  • MICHAEL G ROWE (CEO AND CFO)
  • MARY SULLIVAN (PRESIDENT AND COO)
  • KIMBERLY ESTRADA (VICE PRESIDENT AND SECRETA)

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

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o

What it reported doing in 2025

In 2025, we expanded our media efforts to increase awareness of the work ethic scholarship program and the opportunities available in the skilled trades. A targeted digital campaign generated record interest in the scholarship program, including the highest number of applications started since its inception. We also launched a multimedia awareness campaign in the dallas/fort worth area to elevate the value and importance of skilled work, challenge the perception that a four-year degree is the only path to a successful career, and highlight the opportunity, dignity, and purpose found in the skilled trades.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 94
  • Accountability: 67
  • Sustainability: 87
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.5%; rating input score 47
  • Program expense ratio: 95.9%; rating input score 96
  • Fundraising efficiency: $334.07 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 42.9%; rating input score 43; 7th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 54.3%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 3.35; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 19.5% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 20.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 23.7% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 46.5% of revenue deployed · 95.9% of spending went to programs
  • Governance: 3 of 7 board members independent · 7 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $5.9M in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 8 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Moderate — Accountability: Independent voting board scored 43/100.