MKV INC (EIN 310914017) - 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

2005

Legal Domicile

Principal Officer

ROGER E WEIDEMAN II

Phone

5137822726

Tax Period

2023-07-01 to 2024-06-30

MKV INC, founded in 2005, is a micro nonprofit that reported $38K in total revenue in fiscal year 2023. Expenses of $137K exceeded revenue, resulting in a 261% operating deficit.

Mission

MKV, INC. FORMERLY OWNED THE MEADOWS AND OPERATED A LOW INCOME ELDERLY HOUSING COMMUNITY UNDER A REGULATORY AGREEMENT WITH HUD. THE FIXED ASSETS OF THE ENTITY WERE SOLD TO A PARTNERSHIP IN 2016 AND MKV, INC. HOLDS SELLER CARRYBACK NOTES RELATED TO THIS TRANSACTION. PAYMENTS RECEIVED ON THE NOTES ARE USED TO SUPPORT THE OPERATIONS OF MAPLE KNOLL COMMUNITIES, INC., A NON-PROFIT ORGANIZATION THAT PROVIDES HOUSING, HEALTHCARE AND OTHER SERVICES FOR THE ELDERLY.

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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 $0

Program Service Revenue $0

Investment Income $37,917

Other Revenue $0

TOTAL REVENUE $37,917

Expense Breakdown

Grants Paid $135,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,000

Other Expenses $1,855

TOTAL EXPENSES $136,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,917	$36,717	+0.0%
Expenses	$136,855	$39,850	+2.4%
Net Income	$-98,938	$-3,133	+30.6%

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

N/A

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

$857,567

Total Directors

$857,567

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES M FORMAL	FORMER PRESIDENT, CEO	0.00		$0	$0	$405,833
JOHN S DATTILO	PRESIDENT	0.20	Officer Director	$0	$47,926	$452,740
ROGER E WEIDEMAN II	VICE PRESIDENT/TREASURER	0.20	Officer Director	$0	$46,241	$404,827
TIMOTHY MCGOWAN	DIRECTOR	1.00	Highest	$0	$24,055	$250,682
JAMES STAHL	DIRECTOR/ VICE PRESIDENT O	1.00	Highest	$0	$20,583	$211,625
JOHN C BLOOMSTROM	DIRECTOR	0.20	Director	$0	$0	$0
ROGER D MILLER	VICE CHAIRPERSON	0.20	Officer Director	$0	$0	$0
FRED ROBBINS	DIRECTOR	0.20	Director	$0	$0	$0
WENDY L MEREDITH	CHAIRPERSON/SECRETARY	0.20	Officer Director	$0	$0	$0
JANE A SIEGEL	DIRECTOR	0.20	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	$18,286	$3,160	$2,075,806	$15,126
2024	$37,917	$136,855	$2,059,100	$-98,938
2023	$36,717	$39,850	$2,156,608	$-3,133
2022	$38,635	$1,810	$2,159,741	$36,825
2021	$39,134	$37,810	$2,122,916	$1,324
2020	$38,531	$101	$2,122,827	$38,430
2019	$38,507	$2,731	$2,084,397	$35,776
2018	$404,639	$2,565	$2,048,586	$402,074

MKV INC