RETIRED EMPLOYEES ASSN OF MLGW INC

EIN: 203360578 Employment

MEMPHIS, TN

Total Revenue
$23,268
Total Expenses
$14,022
Total Assets
$318,762
Net Assets
$318,762
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
TN
Principal Officer
LARRY PAPASAN
Phone
9017894166
Tax Period
2018-07-01 to 2019-06-30

RETIRED EMPLOYEES ASSN OF MLGW INC, founded in 2004, is a micro nonprofit in the Employment sector that reported $23K in total revenue in fiscal year 2018. The organization ran a surplus of $9K, a strong 40% operating margin.

Mission

PROMOTE THE INTEREST OF RETIREES OF MLGW

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $313
Program Service Revenue $18,620
Investment Income $4,335
Other Revenue $0
TOTAL REVENUE $23,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $14,022
TOTAL EXPENSES $14,022

Year-over-Year Comparison

2018 2017 Change
Revenue $23,268 $22,357 +0.0%
Expenses $14,022 $8,288 +0.7%
Net Income $9,246 $14,069 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY PAPASAN PRESIDENT 2.00
Officer Director
$0 $0 $0
CRIS WILLIAMS V. PRESIDENT 2.00
Officer Director
$0 $0 $0
DUNCAN SHEATS SECRETARY 2.00
Officer Director
$0 $0 $0
ANTHONY LOONEY TREASURER 2.00
Officer Director
$0 $0 $0
DEE SHEATS BOARD MEMBER 2.00
Director
$0 $0 $0
WADE STINSON BOARD MEMBER 2.00
Director
$0 $0 $0
SUSAN CARTER BOARD MEMBER 2.00
Director
$0 $0 $0
JACKIE CLAYTON BOARD MEMBER 2.00
Director
$0 $0 $0
WINTRELL PITTMAN BOARD MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $23,268 $14,022 $318,762 $9,246
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