ATCO INC (EIN 310789329) - 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

1972

Legal Domicile

Principal Officer

LARRY PAYNE

Tax Period

2022-01-01 to 2022-12-31

ATCO INC, founded in 1972, is a micro nonprofit that reported $3K in total revenue in fiscal year 2022. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $259K exceeded revenue, resulting in a 8975% operating deficit.

Mission

TO SERVE DISADVANTAGED ADULTS

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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 (2022)

Revenue Breakdown

Contributions & Grants $300

Program Service Revenue $0

Investment Income $8

Other Revenue $2,541

TOTAL REVENUE $2,849

Expense Breakdown

Grants Paid $256,343

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $257,062

Other Expenses $2,216

TOTAL EXPENSES $258,559

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,849	$25,415	-0.9%
Expenses	$258,559	$43,302	+5.0%
Net Income	$-255,710	$-17,887	+13.3%

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
LARRY PAYNE	PRESIDENT	1	Officer Director	$0	$0	$0
APRIL CRABTREE	VICE PRESIDENT	1	Officer Director	$0	$0	$0
SHAWNA STUMP	TRUSTEE	1	Officer 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
2022	$2,849	$258,559	No data	$-255,710
2021	$25,415	$43,302	$258,010	$-17,887
2020	$45,171	$64,459	$274,367	$-19,288
2019	$124,458	$160,293	$294,321	$-35,835
2018	$204,236	$199,975	$332,981	$4,261

ATCO INC