Meigs Local Enrichment Foundation … - Form 990 Financial Data

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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

2007

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $112,577 Revenue: $82,295

The program services include providing recreational facilites for Meigs County residents and the related expenses incurred are for untilities and maintenance of the different facilites.

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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 (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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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

Meigs Local Enrichment Foundation Inc