Missouri Association of Public Employee Retirement
Nonprofit profile at a glance
- EIN
- 431503441
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025, Form 990-EZ 2022
- Location
- Jefferson City, MO, USA
- Phone
- 5736343861
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $217,813
- Expenses
- $195,153
- Assets
- $167,933
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- LORI WORATZECK (Executive Director)
- CECELIA CARTER (President)
- ANDREA BINKLEY (Vice President)
Highest reported compensation
- LORI WORATZECK (Executive Director): $14,583 total reported compensation
- KIM DRINKARD (Former Exec Director): $14,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Educate and inform trustees of public pension plans
What it reported doing in 2025
Education - general/other: conferences held with the following subjects included - legislative updates, investment issues, fiduciary responsibilities, plan administration and online website security.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 90
- Accountability: 68
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.8%; rating input score 79
- Program expense ratio: 87.9%; rating input score 88
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.4%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 14.6%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: -9.6% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 78.8% of revenue deployed · 87.9% of spending went to programs
- Governance: 9 of 9 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $172K in reported program spending
- Leadership: top reported pay $15K · 12 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Accountability: Governance controls: 6 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 57/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 23/100.