Minco Senior Citizens Activity Center INC EIN 73-1142537

Minco Senior Citizens Activity Center INC

EIN  73-1142537 Public charity (501(c)(3)) Minco, OK
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Enriches seniors' lives with meals, activities, and opportunities.
Leadership
Sharon Foster · Vice President
Money in and out
$286K revenue, $313K expenses
Bottom line
92% program efficiency

Enriches seniors' lives with meals, activities, and opportunities. For fiscal year 2024 it reported $286K in revenue, $313K in expenses, and $563K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$563K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
18.8mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▼ -62% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$286K
FY2024▼ -1%
Expenses
$313K
FY2024▲ +2%
Total assets
$563K
FY2024▼ -6%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$563K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$563K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $288K of program spending, described in the organization's own filed words · FY2023.
01

Provide meals for seniors five days a week. 25-35 seniors are served each day

$288Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMinco Senior Citizens Activity Center INC
EINHdr · item D73-1142537
Principal addressHdr · item CMinco, OK
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$210K · 73%
Program service revenue$66K · 23%
Investment income$10K · 4%
Contributions & grants73%$210K
Program service revenue23%$66K
Investment income4%$10K
— government grantsLn 1e$178K
Total revenueLn 12$286K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$288K
Management & general8%$25K
Total functional expensesLn 25$313K

Balance Sheet

Part X · end of year
CashLn 1$491K
Total assetsLn 16$563K
Total liabilitiesLn 26$0
Total net assetsLn 32$563K
Months of cash on handcomputed18.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $491K · Operating expenses/yr $313K
18.8 months
Where the money goes
Program services
Program services $288K · Total expenses $313K
92%
Management & General
Management & general $25K · Total expenses $313K
8%
Fundraising
Fundraising $0 · Total expenses $313K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $11K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $210K · Total revenue $286K
73%
Government reliance
Government grants $178K · Total revenue $286K
62%
Earned-income share
Program service revenue $66K · Total revenue $286K
23%
Investment reliance
Investment income $10K · Total revenue $286K
+4%
Program self-sufficiency
Program service revenue $66K · Total expenses $313K
21%
Growth & trend
Revenue growth (YoY)
This year $286K · Prior year $289K
-1%
Revenue CAGR
FY2019 $244K · FY2023 $286K
+4%
Net-asset trend (YoY)
End of year $563K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $286K · Expenses $313K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $563K
Net-asset ratio
Net assets $563K · Total assets $563K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $563K
0%
People & payroll
Highest Reported Total Compensation
Individual Sharon Foster · Reported title Vice President · Highest reported compensation $0 · Total expenses $313K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $120K · Total expenses $313K
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth -1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$286K revenue · viewing · ⤓ 990 PDF
FY2023$289K revenue · ⤓ 990 PDF
FY2022$240K revenue · ⤓ 990 PDF
FY2021$285K revenue · ⤓ 990 PDF
FY2020$244K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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