MLAC INC (EIN 251640936) - 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

1991

Legal Domicile

Principal Officer

LOREN ZADECKY

Phone

4123988048

Tax Period

2024-09-01 to 2025-08-31

MLAC INC, founded in 1991, is a small nonprofit that reported $594K in total revenue in fiscal year 2024. Expenses of $654K exceeded revenue, resulting in a 10% operating deficit.

Mission

WE INSPIRE OUR SWIMMERS TO BE CHAMPIONS IN LIFE THROUGH PERSEVERENCE AND DISCIPLINE, WHILE BUILDING CONFIDENCE AND SELF- ESTEEM AND LIFE-LONG FRIENDSHIP.

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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 $15,643

Program Service Revenue $568,228

Investment Income $6,569

Other Revenue $3,862

TOTAL REVENUE $594,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $447,522

Fundraising Expenses $0

Program Expenses $654,053

Other Expenses $206,531

TOTAL EXPENSES $654,053

Year-over-Year Comparison

	2024	2023	Change
Revenue	$594,302	$594,353	0.0%
Expenses	$654,053	$608,098	+0.1%
Net Income	$-59,751	$-13,745	+3.3%

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

Volunteers

240

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
MICHAEL FRONCZEK	PRESIDENT	20.00	Officer Director	$0	$0	$0
STACIE CARLSON	VICE-PRESIDENT	5.00	Officer Director	$0	$0	$0
BOB WICK	TREASURER	20.00	Officer Director	$0	$0	$0
TODD WINTER	SECRETARY	2.00	Officer Director	$0	$0	$0
KATIE PAVLICH	VP MEMBERSHIP	2.00	Officer Director	$0	$0	$0
TONY CALVINO	VP INSTRUCTIONAL PROGRAMS	2.00	Officer Director	$0	$0	$0
JENNIFER FITZGERALD	MEMBER AT LARGE	2.00	Officer Director	$0	$0	$0
ERIN BAKER	FUND RAISING	2.00	Officer Director	$0	$0	$0
TOM HARROLD	HISTORIAN	2.00	Officer Director	$0	$0	$0
LOREN ZADECKY	CONTROLLER (AR)	2.00	Officer Director	$0	$0	$0
LAUREN CASSANO	NON-VOTING MEMBER	2.00	Officer Director	$0	$0	$0
LUKE MODRAK	NON-VOTING MEMBER	2.00	Officer Director	$0	$0	$0
LESLIE BECKI	NON-VOTING MEMBER	2.00	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
2025	$594,302	$654,053	$367,974	$-59,751
2024	$594,353	$608,098	$426,874	$-13,745
2023	$509,032	$580,900	$441,392	$-71,868
2022	$585,892	$542,508	$512,292	$43,384
2021	$452,813	$368,281	$469,074	$84,532
2020	$545,354	$549,629	$387,014	$-4,275
2018	$657,544	$567,760	$341,819	$89,784

MLAC INC