The Mike Zimmer Foundation
Nonprofit profile at a glance
- EIN
- 474670992
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024, Form 990-T 2020
- Location
- Trophy Club, TX, USA
- Phone
- 8172912521
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $15,164
- Expenses
- $26,702
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CORRI ZIMMER WHITE (EXECUTIVE DIRECTOR)
- MIKE ZIMMER (PRESIDENT)
People named in this filing
- CORRI ZIMMER WHITE (EXECUTIVE DIRECTOR)
- MIKE ZIMMER (PRESIDENT)
- LOY WHITE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to better the lives of children in need by helping them chase their dreams, motivating them to do so and promote a healthy and active way of living as well as stress the importance of education, hard work, and teamwork.
What it reported doing in 2024
Scholarships - 2024 was the final year of existence for the foundation. $5,000 in scholarship funds was awarded to two colleges.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
The verdict
MIXED - 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: 34
- Transparency & Controls: 100
- Sustainability: 6
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.4%; rating input score 41
- Program expense ratio: 23.5%; rating input score 23
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -76.1%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 28.7%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -7.9% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: -7.7% per year; rating input score 0; 28th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 41.4% of revenue deployed · 23.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- High — Financial Efficiency: Program expense ratio scored 23/100.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 6/100.