MACKAY HOME SCHOOL ASSOCIATIONINC (EIN 223635946) - 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

1984

Principal Officer

JIANMEI NI

Phone

2016155840

Tax Period

2023-09-01 to 2024-08-31

MACKAY HOME SCHOOL ASSOCIATIONINC, founded in 1984, is a small nonprofit in the Education sector that reported $333K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $314K left a modest 6% surplus.

Mission

CHILD ADVOCACY BY PROVIDING FINANCIAL AND VOLUNTEER ASSISTANCE AND SUPPORT TO THE TEACHSERS AND STUDENTS FOR PROGRAMS AND EVENTS.

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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 $15,818

Program Service Revenue $281,290

Investment Income $5

Other Revenue $35,534

TOTAL REVENUE $332,647

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $41,864

Program Expenses $160,846

Other Expenses $265,296

TOTAL EXPENSES $313,563

Year-over-Year Comparison

	2023	2022	Change
Revenue	$332,647	$445,256	-0.3%
Expenses	$313,563	$474,023	-0.3%
Net Income	$19,084	$-28,767	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON LEVITT	PRESIDENT	N/A	Officer	$0	$0	$0
JIANMEI NI	TREASURER	N/A	Officer	$0	$0	$0
SOYEON PARK	PRESIDENT	N/A	Officer	$0	$0	$0
TANYA QUIRK	PRESIDENT	N/A	Officer	$0	$0	$0
CHLOE WEN	PRESIDENT	N/A	Officer	$0	$0	$0
SUSAN YAU	TREASURER	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
2024	$332,647	$313,563	$143,878	$19,084
2023	$445,256	$474,023	$124,796	$-28,767
2022	$323,627	$329,272	$149,063	$-5,645
2021	$34,134	$48,710	$154,708	$-14,576
2020	$291,584	$304,471	$169,284	$-12,887
2019	$332,367	$363,056	$194,163	$-30,689
2018	$326,584	$317,468	$215,555	$9,116

MACKAY HOME SCHOOL ASSOCIATIONINC