MO-KAN LECET (EIN 342036251) - 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

CAMERON SEIP

Phone

8163617048

Tax Period

2024-01-01 to 2024-12-31

MO-KAN LECET, founded in 2005, is a small nonprofit in the Employment sector that reported $599K in total revenue in fiscal year 2024. The organization ran a surplus of $212K, a strong 35% operating margin.

Mission

LABOR MANAGEMENT COOPERATIVE

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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 $532,855

Investment Income $66,211

Other Revenue $0

TOTAL REVENUE $599,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $160,359

Fundraising Expenses $0

Other Expenses $226,638

TOTAL EXPENSES $386,997

Year-over-Year Comparison

	2024	2023	Change
Revenue	$599,066	$568,422	+0.1%
Expenses	$386,997	$204,089	+0.9%
Net Income	$212,069	$364,333	-0.4%

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

$145,716

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAMERON SEIP	DIRECTOR	40.00	Officer	$93,344	$52,372	$145,716
TIM BELL	CHAIRMAN	2.00	Officer Director	$0	$0	$0
KEVIN FAHEY	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
GREG KAAZ	TRUSTEE	1.00	Director	$0	$0	$0
CALEB MCCANDLESS	TRUSTEE	1.00	Director	$0	$0	$0
JASON MENDENHALL	TRUSTEE	1.00	Director	$0	$0	$0
JEFF PHILGREEN	TRUSTEE	1.00	Director	$0	$0	$0
N/A	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN TIMKEN	TRUSTEE	1.00	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	$599,066	$386,997	$1,937,288	$212,069
2023	$568,422	$204,089	$1,726,135	$364,333
2022	$428,571	$417,181	$1,352,864	$11,390
2021	$386,641	$363,742	$1,346,442	$22,899
2020	$387,029	$296,786	$1,318,118	$90,243
2019	$429,552	$279,437	$1,228,276	$150,115
2018	$397,342	$159,927	$1,075,041	$237,415

MO-KAN LECET