Midwest Wall and Ceiling Contractors NFP (EIN 361042740) - 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

Legal Domicile

Principal Officer

Nora Degnan

Phone

7734428260

Tax Period

2024-01-01 to 2024-12-31

Midwest Wall and Ceiling Contractors NFP is a small nonprofit that reported $467K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $283K, a strong 61% operating margin.

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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 $233,774

Investment Income $262,604

Other Revenue $-29,696

TOTAL REVENUE $466,682

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $183,371

TOTAL EXPENSES $183,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$466,682	$380,046	+0.2%
Expenses	$183,371	$126,942	+0.4%
Net Income	$283,311	$253,104	+0.1%

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
MICHAEL DEGNAN	DIRECTOR	0.5	Director	$0	$0	$0
NORA DEGNAN	PRESIDENT	2.0	Officer Director	$0	$0	$0
MICHAEL PILOLLA	VICE PRESIDENT	2.0	Officer Director	$0	$0	$0
MICHAEL WILKIN	DIRECTOR	0.5	Director	$0	$0	$0
ERIC JENS	TREASURER	2.0	Officer Director	$0	$0	$0
STEVE BRILL	SECRETARY	2.0	Officer Director	$0	$0	$0
TIM KING	DIRECTOR	0.5	Director	$0	$0	$0
SCOTT SMENTEK	DIRECTOR	0.5	Director	$0	$0	$0
STEVE KLOMFAR	DIRECTOR	0.5	Director	$0	$0	$0
NAOMI CALMATUIANU	DIRECTOR	0.5	Director	$0	$0	$0
John Kurtz	Director	0.5	Director	$0	$0	$0
Kevin Tuckey	Director	0.5	Director	$0	$0	$0
John Liggett	Director	0.5	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	$466,682	$183,371	$2,680,076	$283,311
2023	$380,046	$126,942	$2,368,358	$253,104
2022	$344,731	$125,342	$2,032,184	$219,389
2021	$290,069	$125,532	$2,235,193	$164,537
2020	$279,894	$128,836	$1,944,307	$151,058
2018	$118,143	$136,112	$1,505,290	$-17,969

Midwest Wall and Ceiling Contractors NFP