MILLER PARK INC

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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

2006

Legal Domicile

Principal Officer

TONY NETTLES

Phone

6013643551

Tax Period

2023-07-01 to 2024-06-30

MILLER PARK INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $151K in total revenue in fiscal year 2023. Expenses of $212K exceeded revenue, resulting in a 41% operating deficit.

Mission

TO PROVIDE HOUSING TO DISABLED PERSONS UNDER SECTN 811 OF THE NTIONA HOUSING ACT UNDER AGREEMENT WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

Program Service Accomplishments

Program 1

Expenses: $212,148 Revenue: $150,615

THE ORGANIZATION OWNS A 17-UNIT APARTMENT BUILDING WHICH SERVES AS A RENTAL HOUSING PROJECT FOR LOW-INCOME, PHYSICALLY HANDICAPPED PERSONS, WHO QUALIFY UNDER SECTION 811 OF THE AFFORDABLE HOUSING ACT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $150,615

Investment Income $14

Other Revenue $0

TOTAL REVENUE $150,629

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,364

Fundraising Expenses $0

Program Expenses $212,148

Other Expenses $148,784

TOTAL EXPENSES $212,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$150,629	$140,105	+0.1%
Expenses	$212,148	$191,597	+0.1%
Net Income	$-61,519	$-51,492	+0.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY BAMBURG	VICE-PRES &	N/A	Officer Director	$0	$0	$0
CHARLOTTE DICKSON	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
MIKE DOWD	VICE-PRES &	N/A	Officer Director	$0	$0	$0
TONY NETTLES	PRESIDENT	N/A	Officer Director	$0	$0	$0
GREGORY K CRAPO	SECRETARY OF	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$150,629	$212,148	$1,229,456	$-61,519
2023	$140,105	$191,597	$1,288,022	$-51,492
2022	$126,922	$175,452	$1,307,577	$-48,530
2021	$125,385	$179,174	$1,330,981	$-53,789
2020	$125,332	$167,987	$1,353,847	$-42,655
2019	$128,301	$184,121	$1,368,754	$-55,820