We Are Made In Lowell Inc
Nonprofit profile at a glance
- EIN
- 455191085
- IRS 990-EZ coverage
- 2013–2016
- Forms available
- Form 990-EZ 2016
- Location
- Lowell, MA, USA
- Phone
- 9783641132
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $126,222
- Expenses
- $115,480
- Assets
- $11,187
- Liabilities
- $3,939
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Tobias Marx (CEO)
People named in this filing
- Tobias Marx (CEO)
- Gabby Davis (Director of Operations)
- Brad Duncan (Board Member)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance the economic vitality of our community by promoting Lowell as a year-round culinary, culture and shopping destination by maximizing collaborative partnerships, efficiently transition Lowell stories into effective sales and marketing programs, and cultivating a world-class visitor experience.
What it reported doing in 2016
General Programming including community meetings, and a continuous effort to implement our strategic plan, invest in community relationships and marketed as well as promoted our organization
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.5%; rating input score 91
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 8.5%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 20.9% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 12.8% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 14.2% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 91.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $115K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2013 to 2016
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.