Mineral County Economic Development Authority

Nonprofit profile at a glance

EIN
880343675
IRS 990-EZ coverage
2009–2016
Forms available
Form 990-EZ 2016
Location
Hawthorne, NV, USA
Phone
7759455896
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$84,937
Expenses
$80,581
Assets
$37,822
Liabilities
$30,367

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • SHELLEY HARTMANN (EXECUTIVE DIRECTOR)

People named in this filing

  • SHELLEY HARTMANN (EXECUTIVE DIRECTOR)
  • ROB SCHLEEF (CHAIRMAN)
  • BOB CHAMBERS (VICE CHAIRMAN)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote economic development in mineral county, Nevada.

What it reported doing in 2016

State of Nevada, city of fallon

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.9%; rating input score 77
  • Program expense ratio: 81%; rating input score 81

Transparency & Controls

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

Sustainability

  • Operating margin: 5.1%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 60.2%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -7.1% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -9.7% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 76.9% of revenue deployed · 81% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $65K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2009 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.