Mu Delta Lambda Charitable Fndn

Nonprofit profile at a glance

EIN
562669545
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-EZ 2023
Location
Springfield, IL, USA
Phone
2175462899
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$327,510
Expenses
$263,295
Assets
$225,032
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MARC E BELL (PRESIDENT)

Highest reported compensation

  • MARC E BELL (PRESIDENT): $22,000 total reported compensation
  • MICHAEL B GAINES (ASST PROGRAM MANAGER): $14,000 total reported compensation
  • LARRY G LAWRENCE (TREASURER): $11,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation promotes higher education, healthful living and affordable housing

What it reported doing in 2025

Hbcu convention $15,181 alpha day at the capital $21,073 community help for bbq event $5,554 thanksgiving christmas turkeys $987 reimbursements $3,608 panther creek center $8,476 milican catering $1,169 operating expenses for foundation $28,811 sponsor for dubois school $169 lawncare $600 check purchase $964 stamps $289 supplies $3,977 parnell borders, bldg manager $10,000 ace sign $1,258 office furniture $21,529 pro source $32,600 m pawelczak $21,506 best buy supplies $14,414 restuarant supplies $18,992 tv mounts $250 broughton asphalt $36,325 a1 lock $163 stealey wiring $3,650

Operating model

Revenue model
Grant-funded. 100% of the money available for current operations came from government grants.
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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 92
  • Accountability: 5
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.4%; rating input score 80
  • Program expense ratio: 100%; rating input score 100
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
  • Governance controls: 1 of 9 controls in place; rating input score 11
    • 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: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.6%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.85; 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: 18.3%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 134% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 57.8% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 50.8% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 80.4% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 7 board members independent · 1 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $263K in reported program spending
  • Leadership: top reported pay $22K · 4 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 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: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 7 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.