Mums Inc

Nonprofit profile at a glance

EIN
811380390
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Providence Village, TX, USA
Phone
4694322735
Rating
36
Verdict
REVIEW
Rating confidence
Moderate

Official website

Reported finances

Revenue
$10,477
Expenses
$10,195
Assets
$7,533
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • Shakisha Clark (Founder)
  • DeLaynie Roberts (Board Member)
  • Erica McGlothlin (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mums Inc. was founded on the principles of sharing and professional growth within the Homecoming Mum industry. We believe in a supreme standard of design, quality, and beauty within our craft. Our primary goal is to bring respect and dignity to the mum profession. Our hope is to bring the mum industry into the 21st century by setting the new standard for mum makers all across Texas. Our goals are to continue to standardize and share across the Homecoming Mum Industry. Our organization is comprised of some of the largest and most talented designer mum makers in the state of Texas. Together our membership is comprised of years of experience. We came together to discuss trends and supplies. Over time we developed more than just tips, we have developed a professional community of respect and sharing.

What it reported doing in 2024

Mums Inc. has provided support and education to members allowing them to grow their business and themselves as a creative professional. Through classes and information sessions, group orders allowing for discounted supplies needed for the business, and resources from the board and other members, Mums Inc. has made an impact in over 200 members businesses.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 2.7%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: -146% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.