THE MEDA FOUNDATION INC (EIN 262357273) - 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

2008

Principal Officer

DANIEL THOMPSON

Phone

4103471246

Tax Period

2024-01-01 to 2024-12-31

THE MEDA FOUNDATION INC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $384K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE MEDA FOUNDATION IS TO OFFER EDUCATIONAL WORKSHOPS, COURSES, SEMINARS AND CONFERENCES THAT INCREASE THE EFFECTIVENESS OF THE MARYLAND ECONOMIC AND COMMUNITY DEVELOPMENT PRACTITIONERS AS WELL AS THEIR COUNTERPARTS IN THE STATE WHO WORK IN PARTNERSHIP TO CREATE JOBS FOR MARYLAND'S CITIZENS.

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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 $63,000

Program Service Revenue $316,228

Investment Income $4,777

Other Revenue $0

TOTAL REVENUE $384,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $371,397

Other Expenses $379,321

TOTAL EXPENSES $379,321

Year-over-Year Comparison

	2024	2023	Change
Revenue	$384,005	$328,198	+0.2%
Expenses	$379,321	$303,122	+0.3%
Net Income	$4,684	$25,076	-0.8%

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
DANIEL THOMPSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
SUSAN BANKS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JESSICA REYNOLDS	SECRETARY	N/A	Officer Director	$0	$0	$0
BETH WOODRING	TREASURER	N/A	Officer Director	$0	$0	$0
MARTIN PROULX	DIRECTOR	N/A	Director	$0	$0	$0
SHELLY GROSS-WADE	DIRECTOR	N/A	Director	$0	$0	$0
BILL TOMKINS	DIRECTOR	N/A	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
2024	$384,005	$379,321	$361,006	$4,684
2023	$328,198	$303,122	$308,611	$25,076
2022	$261,705	$217,938	$495,495	$43,767
2021	$119,537	$89,411	$466,353	$30,126
2020	$175,832	$119,407	$409,888	$56,425
2019	$275,125	$259,533	$361,812	$15,592
2018	$277,352	$238,301	$326,626	$39,051

THE MEDA FOUNDATION INC