United States Manufacturing Innovation Council
Nonprofit profile at a glance
- EIN
- 923498459
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Detroit, MI, USA
- Phone
- 4127850444
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $400,000
- Expenses
- $497,468
- Assets
- $538,437
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- FRANZ WUERFMANNSDOBLER (EXECUTIVE DIRECTOR)
People named in this filing
- KELVIN LEE (DIRECTOR AND CHAIR)
- DOUGLAS FRIEDMAN (DIRECTOR AND VICE CHAIR)
- BERARDINO BARATTA (DIRECTOR AND 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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Participants agree to collectively advocate and work toward their mission of re-establishing the us as the global leader in advanced manufacturing. This occurs through (a) supporting growth and competitiveness of us manufacturing,(b) supporting collaboration and best practice sharing across the manufacturing USA institutes, (c) enabling innovation in technology, education and workforce development and (d) developing robust, persistent support for manufacturing USA institutes.
What it reported doing in 2024
Usmic is working with an advocacy organization that provides guidance on how to amplify and effectively communicate their messages related to the growth, sustainment and competitiveness of us manufacturing. The efforts to date have yielded positive feedback.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 36
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.2%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -24.4%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 70.5% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: -51.2% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -58.7% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.2% of spending went to programs
- Governance: 12 of 12 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $439K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.