Polk Manufacturing Association Inc Dba Msca

Nonprofit profile at a glance

EIN
300412824
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Lakeland, FL, USA
Phone
5612483272
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$59,661
Expenses
$61,186
Assets
$53,510

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

Leadership & pay

12 people listed

Executive titles in this filing

  • KEVIN BAILEY (PRESIDENT)

People named in this filing

  • KEVIN BAILEY (PRESIDENT)
  • CORY MCGEE - BEGAN 0701 (DIRECTOR)
  • LARRY BULL - ENDING 630 (DIRECTOR)

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

To be the resource for all things related to the manufacturing & supply chain industries by providing advocacy, awareness, education, and partnerships throughout the mid-Florida region.

What it reported doing in 2024

Msca, now in it's 17th year, is an active organization of manufacturers, distribution organizations, and their supply chain. Member organizations benefit from the many educational and networking opportunities that are provided through regular meetings and activities throughout the year. Our association with floridamakes on a statewide level provides our members with access to vast resources to assist our member businesses with tools for contiuous improvement, emergency preparedness, import/export assistance, cyber security, quality system implementation, work force development and an array of other needs.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 96% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -2.6%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 18.2% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 16.2% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $61K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • 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.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.