Montford Point Marine Association Chapter 10 and L
Nonprofit profile at a glance
- EIN
- 561425253
- IRS 990 coverage
- 2014–2022
- Forms available
- Form 990 2022
- Location
- Jacksonville, NC, USA
- Phone
- 9103535871
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $228,240
- Expenses
- $187,446
- Assets
- $705,759
- Liabilities
- $131,828
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- NATHANIEL JAMES (PRESIDENT)
- GWENDOLYN MADDOX (LADIES PRESIDENT)
- ADAM HERRING (VICE PRESIDENT)
People named in this filing
- MARIBEL DORSEY (BOARD MEMBER)
- SYLVESTER HOWARD (BOARD MEMBER)
- ISAIAH JOHNSON (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. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Community improvement
What it reported doing in 2022
Community involvment
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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 - The filed numbers largely add up and most voting board members are independent. 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: 35
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.3%; rating input score 36
- Program expense ratio: 44.2%; rating input score 44
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.9%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 3.77; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 7.7% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 36.3% of revenue deployed · 44.2% of spending went to programs
- Governance: 21 of 21 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2022
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.