Milford Thrives

Nonprofit profile at a glance

EIN
843450541
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2019
Location
Milford, NH, USA
Phone
6038364356
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$94,725
Expenses
$105,824
Assets
$0
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Nancy Amato (President Treasurer)
  • Joelle Martin (Executive Director)

People named in this filing

  • Nancy Amato (President Treasurer)
  • Celeste Barr (Board Member)
  • Mary Burdett (Board Member)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community improvement S20

What it reported doing in 2024

Young Children & Families: Milford Kids Thrive Collaborative; parenting website and communications; Welcome Baby program; early childhood family engagement. MKT early childhood collaborative continued to meet monthly (30 community professionals and stakeholders) and pursue, through a collective mission: building a Milford community where parents and caregivers feel supported and all young children are provided with strong early childhood foundations so they are ready for school and reach their full potential. Welcome Baby bags (infant care and maternal/child health and development resources) were delivered to 158 families. Milford Kids Thrive website and Facebook page received between 1800 - 2500 visits monthly; Parenting E-mail newsletter has 827 subscribers. Family outreach and engagement efforts continued, including weekly Toddler and Caregiver playgroup, Milford Kids Thrive Great Pumpkin event, Milford Kids Thrive Little Planters event, Milford Recreation's Trick or Treat on the Oval, Boys & Girls Club's Hopefest, the School District's end of year Kindergarten and Pre-K events as well as their Kindergarten Family Fun Day (total of 3642 family/young child engagements).

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -11.7%; rating input score 29; 29th 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: -61.2% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -24.7% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -64% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.