Mint Hill Events Inc
Nonprofit profile at a glance
- EIN
- 464593964
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Mint Hill, NC, USA
- Phone
- 7045459726
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Neighborhood, Block Associations
Reported finances
- Revenue
- $150,350
- Expenses
- $152,033
- Assets
- $200,928
- Liabilities
- $45,377
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- SCOTT HARRIS (PRESIDENT)
People named in this filing
- SCOTT HARRIS (PRESIDENT)
- KENNETH DRAFFEN (VICE PRESIDE)
- BILLY HAWKINS (TREASURER)
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
To provide support to the town of mint hill for community projects that create a healthy community and enhance quality of life, including but not limited to mint hill madness (an annual community festival), movies on the lawn and june tunes.
What it reported doing in 2024
To provide support to the town of mint hill for community projects that create a healthy community and enhance quality of life.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 97% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.3%; rating input score 91
- Program expense ratio: 90.3%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 1.32; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.8% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 20.6% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 91.3% of revenue deployed · 90.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $137K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.