MAYO HOME FOR YOUTH DEVELOPMENT INC (EIN 331131213) - 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

2004

Legal Domicile

Principal Officer

Steve Mayo Mayo

Phone

5132214993

Tax Period

2024-01-01 to 2024-12-31

MAYO HOME FOR YOUTH DEVELOPMENT INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $261K, a strong 16% operating margin.

Mission

Mayo Home for Youth provides a home for an average of 16 young male individuals providing food, shelter and supervision 24/7

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,591,073

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,591,073

Expense Breakdown

Grants Paid $0

Salaries & Benefits $779,194

Fundraising Expenses $0

Other Expenses $550,477

TOTAL EXPENSES $1,329,671

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,591,073	$1,123,515	+0.4%
Expenses	$1,329,671	$1,029,474	+0.3%
Net Income	$261,402	$94,041	+1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Executive Director	060.00	Officer Director Key Emp Highest	$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	$1,591,073	$1,329,671	$774,451	$261,402
2023	$1,123,515	$1,029,474	$412,264	$94,041
2022	$851,631	$895,970	$841,735	$-44,339
2021	$885,545	$1,044,317	$297,474	$-158,772
2020	$873,219	$588,960	$569,480	$284,259
2019	$550,164	$478,767	$86,320	$71,397
2018	$482,318	$539,247	$30,543	$-56,929

MAYO HOME FOR YOUTH DEVELOPMENT INC