MELS CHARITIES INC

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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

1999

Legal Domicile

Principal Officer

THOMAS STANTON

Tax Period

2023-01-01 to 2023-12-31

MELS CHARITIES INC, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $633K in total revenue in fiscal year 2023.

Mission

RAISE MONEY TO SUPPORT AREA CHARITIES AND SCHOLARSHIPS.

Program Service Accomplishments

Program 1

Expenses: $164,705

GRANTS GIVEN TO HIGH SCHOOL SCHOLARSHIPS IN THE AREA.

Program 2

Expenses: $164,705

GRANTS PAID TO SPECIAL NEEDS ORGANIZATIONS.

Program 3

Expenses: $164,704

GRANTS GIVEN TO HUMAN SERVICES CHARITIES.

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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 $388,942

Program Service Revenue $0

Investment Income $10,981

Other Revenue $233,406

TOTAL REVENUE $633,329

Expense Breakdown

Grants Paid $407,498

Salaries & Benefits $100,575

Fundraising Expenses $94,549

Program Expenses $494,114

Other Expenses $150,784

TOTAL EXPENSES $658,857

Year-over-Year Comparison

	2023	2022	Change
Revenue	$633,329	$611,155	+0.0%
Expenses	$658,857	$446,782	+0.5%
Net Income	$-25,528	$164,373	-1.2%

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

Volunteers

200

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

$69,339

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS STANTON	EXECUTIVE DIRECTOR	40.00	Officer	$69,339	$0	$69,339
ED TRYGSTAD	PRESIDENT	0.00	Officer	$0	$0	$0
ROSS RINTELMAN	DIRECTOR	0.00	Officer	$0	$0	$0
GREGORY WILTERDINK	TREASURER	0.00	Officer	$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	$633,329	$658,857	$575,417	$-25,528
2022	$611,155	$446,782	$558,616	$164,373
2021	$532,217	$331,573	$368,962	$200,644
2020	$337,361	$296,704	$170,882	$40,657
2019	$315,409	$292,208	$100,060	$23,201
2018	$230,350	$254,510	$77,892	$-24,160