Southcoast Mentoring Initiative for Learning Education and Service Inc
Nonprofit profile at a glance
- EIN
- 205177577
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Fall River, MA, USA
- Phone
- 5086795233
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $700
- Expenses
- $42,067
- Assets
- $115,797
- Liabilities
- $117,424
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- MEGAN STIRK (PRESIDENT/CEO)
Highest reported compensation
- MEGAN STIRK (PRESIDENT/CEO): $348,982 total reported compensation
- ELIZABETH MACHADO (CFO): $289,247 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Advancing mentoring of school children in the southcoast region of Massachusetts as a primary strategy for reducing the school drop-out rate.
What it reported doing in 2024
Reduce school drop-out rate by matching quality adult mentors with identified at-risk youth.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 67
- Accountability: 91
- Sustainability: 13
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 53.6%; rating input score 54
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5,909.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 2.75; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 1.01; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 194.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -19.9% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -18.6% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -0.2% per year; rating input score 0; 39th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 53.6% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $349K · 16 people listed · 0 of 6 pay-setting controls reported
- Consistency: 21 of 21 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: 5 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.