MID AMERICA COOP EDUCATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

RICK WILLS

Phone

7402892071

Tax Period

2020-01-01 to 2020-12-31

Mission

TO PROMOTE PUBLIC UNDERSTANDING OF COOPERATIVE PRINCIPLES AND THE WAY THE COOPERATIVE BUSINESS MODEL FUNCTIONS IN A FREE ENTERPRISE SYSTEM.

Program Service Accomplishments

Program 1

Expenses: $22,045

TO PROVIDE EDUCATION AND TRAINING SERVICES TO COOPERATIVE DIRECTORS AND MANAGEMENT FOCUSING ON ISSUES RELATED TO CORPORATE GOVERNANCE, STRATEGIC PLANNING, FINANCE, CREDIT, AND OTHER ISSUES RELEVANT...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,045

Other Expenses $22,045

TOTAL EXPENSES $22,045

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$65,710	-1.0%
Expenses	$22,045	$90,608	-0.8%
Net Income	N/A	$-24,898	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
RICK PETTY	SECRETARY	1.00	Officer Director	$0	$0	$0
RICK WILLS	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROD KELSAY	EXECUTIVE DI	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
2020	No data	$22,045	No data	No data
2019	$65,710	$90,608	$22,045	$-24,898
2018	$92,042	$87,836	$46,943	$4,206