MATERIAL HANDLING EDUCATIONAL FOUNDATION INC (EIN 251303313) - 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

1976

Legal Domicile

Principal Officer

GRAY MURRAY

Phone

7046761190

Tax Period

2024-01-01 to 2024-12-31

MATERIAL HANDLING EDUCATIONAL FOUNDATION INC, founded in 1976, is a small nonprofit that reported $727K in total revenue in fiscal year 2024. The organization ran a surplus of $429K, a strong 59% operating margin.

Mission

THE MATERIAL HANDLING EDUCATION FOUNDATION, INC. IS AN INDEPENDENT CHARITABLE ORGANIZATION DEDICATED TO ATTRACT STUDENTS TO THE MATERIAL HANDLING, LOGISTICS, AND SUPPLY CHAIN INDUSTRY BY PROVIDING FINANCIAL SUPPORT.ESTABLISHED IN 1976, THE FOUNDATION HAS PROVIDED FUNDS THROUGH PRIVATE AND CORPORATE DONATIONS TO STUDENTS, TEACHERS, AND THEIR INSTITUTIONS. ALL PROGRAMS AND ACTIVITIES OF THE FOUNDATION CONTRIBUTE TO THE DEVELOPMENT OF FUTURE INDUSTRY LEADERS, TEACHERS AND RESEARCHERS.

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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 $664,462

Program Service Revenue $0

Investment Income $62,132

Other Revenue $0

TOTAL REVENUE $726,594

Expense Breakdown

Grants Paid $231,700

Salaries & Benefits $5,913

Fundraising Expenses $0

Program Expenses $237,986

Other Expenses $59,733

TOTAL EXPENSES $297,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$726,594	$721,989	+0.0%
Expenses	$297,346	$256,993	+0.2%
Net Income	$429,248	$464,996	-0.1%

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
BRIAN NEUWIRTH	PRESIDENT	0.10	Officer Director	$0	$0	$0
RYAN BARTLETT	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
SAL FATEEN	LAST RETIRING PRESIDENT	0.10	Officer Director	$0	$0	$0
GRAY MURRAY	TREASURER	0.30	Officer Director	$0	$0	$0
DONNA VARNER	EXECUTIVE DIRECTOR	6.00	Officer Director	$0	$0	$0
ARTHUR H STROYD JR	DIRECTOR & LEGAL COUNSEL	0.10	Director	$0	$0	$0
DAVID PORTER	DIRECTOR	0.10	Director	$0	$0	$0
JAY ANDERSON	DIRECTOR	0.10	Director	$0	$0	$0
PATTI BLESSING	DIRECTOR	0.10	Director	$0	$0	$0
JAMES CABOT	DIRECTOR	0.10	Director	$0	$0	$0
BRYAN JENSEN	DIRECTOR	0.10	Director	$0	$0	$0
RAY NIEMEYER	DIRECTOR	0.10	Director	$0	$0	$0
CRYSTAL PARROTT	DIRECTOR	0.10	Director	$0	$0	$0
JOHN PAXTON	DIRECTOR	0.10	Director	$0	$0	$0
MITCH SMITH	DIRECTOR	0.10	Director	$0	$0	$0
JOEL THOMAS	DIRECTOR	0.10	Director	$0	$0	$0
SEBASTIAN TITZE	DIRECTOR	0.10	Director	$0	$0	$0
RON WURZ	DIRECTOR	0.10	Director	$0	$0	$0
JAMES K ALLRED	LIFETIME DIRECTOR	0.10	Director	$0	$0	$0
JOHN HILL	LIFETIME DIRECTOR	0.10	Director	$0	$0	$0
WILLIAM POWELL	LIFETIME DIRECTOR	0.10	Director	$0	$0	$0
ARTHUR ST ONGE	LIFETIME DIRECTOR	0.10	Director	$0	$0	$0
DR JAMES TOMPKINS	LIFETIME DIRECTOR	0.10	Director	$0	$0	$0
MIKE LAURENT	TREASURER (TO 4/2024)	0.10	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
2025	No data	No data	No data	No data
2024	$726,594	$297,346	$2,314,232	$429,248
2023	$721,989	$256,993	$1,759,655	$464,996
2022	$205,901	$210,985	$1,162,046	$-5,084
2021	$261,279	$178,473	$1,356,131	$82,806
2020	$206,397	$149,487	$1,226,485	$56,910
2019	$224,154	$157,345	$1,062,113	$66,809
2018	$288,431	$193,306	$960,798	$95,125

MATERIAL HANDLING EDUCATIONAL FOUNDATION INC