MAREDA INC (EIN 341027218) - 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

1946

Legal Domicile

Principal Officer

VR MICHAEL R BILLIAN

Phone

4192422300

Tax Period

2021-04-01 to 2022-03-31

MAREDA INC, founded in 1946, is a small nonprofit that reported $769K in total revenue in fiscal year 2021. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $8.6M exceeded revenue, resulting in a 1024% operating deficit.

Mission

TO PROVIDE SUPPPORT FOR OTHER CATHOLIC ORGANIZATIONS THAT PROVIDE HOUSING FOR LOW TO MODERATE INCOME FAMILIES, THE HANDICAPPED AND 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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $769,242

Other Revenue $0

TOTAL REVENUE $769,242

Expense Breakdown

Grants Paid $8,566,387

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,649,342

Other Expenses $82,955

TOTAL EXPENSES $8,649,342

Year-over-Year Comparison

	2021	2020	Change
Revenue	$769,242	$7,833,861	-0.9%
Expenses	$8,649,342	$1,397,863	+5.2%
Net Income	$-7,880,100	$6,435,998	-2.2%

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
VR MICHAEL R BILLIAN	PRESIDENT	0.20	Officer Director	$0	$0	$0
JOHN HAYWARD	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
DOUGLAS WILKINS	SECRETARY	0.20	Officer Director	$0	$0	$0
SISTER MARY THILL	TRUSTEE	0.20	Director	$0	$0	$0
TIM FRAZIER	TRUSTEE	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
2022	$769,242	$8,649,342	No data	$-7,880,100
2021	$7,833,861	$1,397,863	$7,931,775	$6,435,998
2020	$13,121,591	$20,084,126	$1,444,096	$-6,962,535
2019	$6,301,635	$655,620	$8,428,041	$5,646,015

MAREDA INC