MIDLANDS MIDDLE COLLEGE INC (EIN 264509303) - 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

2009

Legal Domicile

Principal Officer

DR LAURIE LEE

Phone

8038223333

Tax Period

2023-07-01 to 2024-06-30

MIDLANDS MIDDLE COLLEGE INC, founded in 2009, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $520K, a strong 31% operating margin.

Mission

MIDLANDS MIDDLE COLLEGE, INC.'S GOAL IS TO REACH OUT TO AT-RISK STUDENTS AND PROVIDE AND ALTERNATIVE EDUCATIONAL PROGRAM BEYOND THAT PROVIDED BY LOCAL PUBLIC SCHOOLS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,661,710

Program Service Revenue $7,276

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,668,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $996,870

Fundraising Expenses $0

Program Expenses $575,921

Other Expenses $151,984

TOTAL EXPENSES $1,148,854

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,668,986	$1,168,862	+0.4%
Expenses	$1,148,854	$1,080,293	+0.1%
Net Income	$520,132	$88,569	+4.9%

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

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

$94,614

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALERIE RICHARDSON	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JOEL MERRILL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BROOKS BACKMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
DR KAYE SHAW	TREASURER	1.00	Officer Director	$0	$0	$0
ROBIN BETSILL-COHEN	MEMBER	1.00	Director	$0	$0	$0
DR DEVIN HENSON	MEMBER	1.00	Director	$0	$0	$0
KIRSTEN PRATT	MEMBER	1.00	Director	$0	$0	$0
DR RON RHAMES	MEMBER	1.00	Director	$0	$0	$0
MATT RIVERS	MEMBER	1.00	Director	$0	$0	$0
DR LAURIE LEE	PRINCIPAL	40.00	Officer	$85,707	$8,907	$94,614

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	$1,668,986	$1,148,854	$1,468,003	$520,132
2023	$1,168,862	$1,080,293	$1,070,391	$88,569
2022	$935,247	$1,277,734	$1,087,699	$-342,487
2021	$973,363	$1,195,615	$1,044,000	$-222,252
2020	$1,156,588	$1,067,807	$1,074,761	$88,781
2019	$1,089,998	$1,038,382	$974,515	$51,616

MIDLANDS MIDDLE COLLEGE INC