Wolverine Mutual Benefit

Nonprofit profile at a glance

EIN
386091644
IRS 990-EZ coverage
2009–2012
Forms available
Form 990-EZ 2012
Location
Rockford, MI, USA
Phone
6168665500
Rating confidence
Limited
Sector
Mutual/Membership Benefit N.E.C.

Reported finances

Expenses
$246
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

7 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide partial compensation for lost wages due to illness

What it reported doing in 2012

Benefit payments sickness and accident

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
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 4
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -53.8% per year; rating input score 0; 50th percentile among comparable filings
  • Revenue growth: -61.8% per year; rating input score 0; 52nd percentile among comparable filings
  • Asset growth: -80.8% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $246 in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 3 of 3 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2009 to 2012
  • 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 — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.