R Madison Mitchell Endowment Trust Inc
Nonprofit profile at a glance
- EIN
- 522056428
- IRS 990-EZ coverage
- 2011–2023
- Forms available
- Form 990 2016, Form 990-EZ 2023, Form 990-N 2010
- Location
- Havre De Grace, MD, USA
- Phone
- 4107346238
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $39,958
- Expenses
- $27,906
- Assets
- $401,339
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- R Madison Mitchell Jr (President)
- Dr Louis Silverstein (Vice President)
People named in this filing
- R Madison Mitchell Jr (President)
- Dr Louis Silverstein (Vice President)
- Patrick S Vincenti (Treasurer)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Aiding the Havre De Grace Decoy Museum in thier preservation and aquisition of decoys.
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
- 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
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 1
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.3%; rating input score 1
- Program expense ratio: 1.8%; rating input score 2
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 30.2%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 14.38; rating input score 94; 94th 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: -19.2% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: -5.5% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 1.3% of revenue deployed · 1.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $500 in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2011 to 2023
- 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.
- High — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Financial Efficiency: Program expense ratio scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.