Meigs Local Enrichment Foundation Inc

EIN: 260157293 501(c)(3)

Pomeroy, OH

Total Revenue
$83,302
Total Expenses
$115,547
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
OH
Principal Officer
Michael Bartrum
Tax Period
2018-01-01 to 2018-12-31

Meigs Local Enrichment Foundation Inc, founded in 2007, is a micro nonprofit that reported $83K in total revenue in fiscal year 2018. Expenses of $116K exceeded revenue, resulting in a 39% operating deficit.

Mission

MLEF Inc was organized to acquire funds in order to build a sports complex for Meigs County, Ohio. The complex is to include a football field and facilities, track facilities, cross country area, baseball field and facilities, fitness trails and playground areas.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $82,295
Program Service Revenue $0
Investment Income $1,007
Other Revenue $0
TOTAL REVENUE $83,302

Expense Breakdown

Grants Paid $112,577
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $112,577
Other Expenses $2,970
TOTAL EXPENSES $115,547

Year-over-Year Comparison

2018 2017 Change
Revenue $83,302 $78,843 +0.1%
Expenses $115,547 $11,987 +8.6%
Net Income $-32,245 $66,856 -1.5%
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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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Bartrum President 1.00
Officer
$0 $0 $0
Gary Nakamoto Vice President 0.00
Officer
$0 $0 $0
Christine Miceli Secretary 0.00
Officer
$0 $0 $0
Cathy Crow Treasurer 1.00
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
2018 $83,302 $115,547 No data $-32,245
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