THE EDUCATIONAL AND RESEARCH FOUNDATION OF MEMA INC (EIN 222463502) - Form 990 Financial Analysis & Trantor Score

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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

1983

Legal Domicile

Principal Officer

WILLIAM LONG III

Phone

9195494800

Tax Period

2024-01-01 to 2024-12-31

THE EDUCATIONAL AND RESEARCH FOUNDATION OF MEMA INC, founded in 1983, is a micro nonprofit in the Public Safety sector that reported $7K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6K, a strong 78% operating margin.

Mission

SUPPORTING ORGANIZATION OF MOTOR AND EQUIPMENT MANUFACTURERS ASSOCIATION ("MEMA")

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $7,201

Other Revenue $0

TOTAL REVENUE $7,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,604

TOTAL EXPENSES $1,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,201	$5,603	+0.3%
Expenses	$1,604	$1,443	+0.1%
Net Income	$5,597	$4,160	+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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,180,756

Total Directors

$1,180,756

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL LONG	DIRECTOR	1.00	Officer Director	$0	$54,127	$858,856
ERIC STEINBECHER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JON HUSBY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KURK WILKS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MIKE BLAWAS	DIRECTOR	1.00	Officer Director	$0	$57,532	$321,900
DOMINIC GROTE	TREASURER	1.00	Officer 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
2024	$7,201	$1,604	$332,244	$5,597
2023	$5,603	$1,443	$301,601	$4,160
2022	$6,304	$1,630	$270,773	$4,674
2021	$8,872	$1,847	$310,144	$7,025
2020	$11,068	$1,609	$284,087	$9,459
2019	$6,577	$1,547	$266,973	$5,030
2018	$6,572	$1,451	$227,765	$5,121

THE EDUCATIONAL AND RESEARCH FOUNDATION OF MEMA INC