Mill River Collaborative Inc
Nonprofit profile at a glance
- EIN
- 061507648
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Stamford, CT, USA
- Phone
- 2039890321
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $6,989,692
- Expenses
- $23,145,682
- Assets
- $4,349,361
- Liabilities
- $6,406,698
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
34 people listed
Executive titles in this filing
- JEANNETTE COMPTON (PRESIDENT & CEO)
Highest reported compensation
- JEANNETTE COMPTON (PRESIDENT & CEO): $225,203 total reported compensation
- ALICIA WETTENSTEIN (VP OF DEVELOPMENT): $174,160 total reported compensation
- MIKE STAKE (VP OF CAPITAL CONSTRUCTION): $155,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to run a world-class urban park in the heart of stamford that serves as both an oasis in city life and a vibrant, diverse, green-space that inspires sound environmental practices and learning.
What it reported doing in 2024
Outreach and education program service accomplishments:1) continued the growth of a ct certified after school program for elementary aged children for families in need of childcare after school and during school vacation days2) continued our docents and stewards program by having high school and college age students participate in a workforce development program where they combined their interests in learning about urban ecology and natural landscape planning while at the same time gaining job readiness skills3) hosted nearly 575 volunteers throughout the year who helped our landcare staff maintain the 35+ acres of natural park land4) completed a summer, fall and spring programming season attended by over 20,000 people interested in fitness, movies, family programming, story time, crafts and more at the carousel pavilion and whittingham discovery center5) enjoyed a successful ice skating season on our rink6) grew our partnership with henkel researchers world to spark interest in science for school aged children by providing in person stem education programming to over 2,000 children7) hosted field trips for the stamford public school's entire 3rd and 4th grade classes, as well as other neighboring schools, having served over 4,000 students during the year8) held a successful summer camp season for kids in pre-k through 8th grade, with 104 unique campers attending throughout the summer
Operating model
- Revenue model
- Grant-funded. 70% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 84% 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 fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 83
- Accountability: 95
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.9%; rating input score 97
- Fundraising efficiency: $20.06 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -231.1%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 1.47; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 19.4% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.9% of spending went to programs
- Governance: 25 of 25 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $22.4M in reported program spending
- Leadership: top reported pay $225K · 34 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $882K reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 2/100.