MATCO INDUSTRIES INC (EIN 310838958) - 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

1975

Legal Domicile

Principal Officer

VAN A VINEY

Phone

7408527054

Tax Period

2023-01-01 to 2023-12-31

MATCO INDUSTRIES INC, founded in 1975, is a small nonprofit in the Employment sector that reported $483K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $73K, a strong 15% operating margin.

Mission

TO PROVIDE COMPREHENSIVE VOCATIONAL, NON-VOCATIONAL, AND HABILITATIVE SERVICES TO ADULTS WITH DISABILITIES AND OTHER HIGH NEED INDIVIDUALS.

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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 $22,668

Program Service Revenue $0

Investment Income $11

Other Revenue $460,340

TOTAL REVENUE $483,019

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,896

Fundraising Expenses $0

Program Expenses $259,903

Other Expenses $240,861

TOTAL EXPENSES $409,757

Year-over-Year Comparison

	2023	2022	Change
Revenue	$483,019	$641,380	-0.2%
Expenses	$409,757	$370,916	+0.1%
Net Income	$73,262	$270,464	-0.7%

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

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

$112,724

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VAN A VINEY	CEO	40.00	Officer	$112,724	$0	$112,724
DAVID BEICKMAN	VICE CHAIRPE	2.00	Officer Director	$0	$0	$0
GARY BOGAN	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
CATHY BROCKMAN	CHAIRPERSON	2.00	Director	$0	$0	$0
GREG KAVY	MEMBER	2.00	Director	$0	$0	$0
JOHN MITCHEM	MEMBER	2.00	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	No data	No data	No data	No data
2023	$483,019	$409,757	$1,389,556	$73,262
2022	$641,380	$370,916	$1,356,322	$270,464
2021	$374,423	$423,544	$1,295,165	$-49,121
2020	$41,138	$476,239	$1,402,540	$-435,101
2019	$318,322	$529,398	$1,743,057	$-211,076
2018	$326,849	$542,116	$1,997,083	$-215,267

MATCO INDUSTRIES INC