Mvl Community Development Group
Nonprofit profile at a glance
- EIN
- 204769084
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Mt Vernon, IA, USA
- Phone
- 3192109935
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $160,076
- Expenses
- $142,049
- Assets
- $167,051
- Liabilities
- $18,798
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BRENDA LANGENBERG (Vice President)
- LISA WHITE (President)
People named in this filing
- BRENDA LANGENBERG (Vice President)
- WHITNEY SCHREDER (Director)
- CASEY KRALL (Secretary)
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
Actively promote cultural, recreational, educational and business resources in the mt vernon-lisbon area.
What it reported doing in 2024
Promotion of mount vernon and lisbon area
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 60% for direct work, and 40% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.9%; rating input score 80
- Program expense ratio: 90%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.3%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 1.18; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 17.3% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 79.9% of revenue deployed · 90% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $128K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Liabilities to assets ratio scored 23/100.