Mourning Family Foundation Inc

What it reported doing in 2024

Education and enrichment services. Presently, we provide funding to the overtown youth center and honey shine who are currently serving over 1200 students from 2nd grade to age 25, who reside in south Florida and attend schools in the area.the oyc's program services continue to be based on four highly effective program components: the relationship model: oyc's method of service delivery. Through it, employees establish meaningful relationships with youth and their families based on mutual respect.the culture of success: the creation of a powerful environment where interactions are positive and respectful, with high expectations for all members of the culture and facilitate the success of all participants.comprehensive approach: an approach, which allows oyc to service the "whole child", and crosses all of the environments. To do this, oyc develops partnerships with parents, schools, and community organizations and engages in the constant provision of services (24 hour case management, in school/after school services and summer program).continuum of service: providing services from second grade to age 25 to guide them through the phases of their psychological development and improve their life's trajectory. Oyc monitorsstudents' progress to ensure they graduate from high school and are then enrolled in college, a vocational school or gainfully employed.whole school expansion: oyc has also expanded its footprint in the overtown community; we have decided to adopt the whole school expansion model in a direct partnership with miami dade county public schools and jose de diego middle school. Our goal is to work with the school district to remain on the continuum of increased graduation rates, increased attendance and parent participation and ultimately produce positive contributing citizens in the overtown community. Through this partnership and our current programming at oyc and honey shine, we are now servicing over 700 youth in south Florida.honey shine is made up of two programming elements: the aspire to shine workshops offered to the girls in the program, which are affectionately called 'honey bugs', address life-skill lessons and educational experiences. Camp honey shine allows for the continuation of programming beyond the workshops. The camp provides the girls with the opportunity to build on cognitive, social, physical skills, values, and character building that allows them to strive for success. Combined, oyc and honey shine strive to work with these young people while providing them with the necessary resources and tools to succeed and to achieve the ultimate goal of graduating from high school and attending college or some form of higher education.

Financial Efficiency

• Mission deployment rate: 0.1%; rating input score 0
• Program expense ratio: 0.1%; rating input score 0
• Fundraising efficiency: $1.73 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 93.9%; rating input score 94; 26th percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 42.3%; rating input score 89; 89th percentile among comparable filings
• Total-asset coverage ratio: 26.41; rating input score 97; 97th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: Limited

Growth

• Program expense growth: -7.5% per year; rating input score 0; 13th percentile among comparable filings
• Revenue growth: -1.9% per year; rating input score 0; 17th percentile among comparable filings
• Asset growth: 15.9% per year; rating input score 100; 79th percentile among comparable filings