MYSI Corporation

EIN: 362545537 501(c)(3)

Chicago, IL

Total Revenue
$5,542,885
Total Expenses
$5,884,107
Total Assets
$3,556,119
Net Assets
$2,149,729
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
IL
Principal Officer
Andrea Hall
Phone
7738404600
Tax Period
2024-07-01 to 2025-06-30

MYSI Corporation, founded in 1965, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

MYSI Corporation was established to provide a full range of clinical, rehabilitative, educational, recreational and case management services to disadvantaged youths and others in each of its programs. MYSI provides the highest quality services to empower its clients to reach their full potential, become productive members of society, and to encourage the highest standards of responsible citizenship. MYSI is licensed by the state of Illinois and operates under the guidance of the United Methodist Health and Welfare Ministries Northern Illinois Conference.

Program Service Accomplishments

Program 1
Expenses: $5,018,321 Revenue: $450

Transitional Living Program addresses the social, employability and self reliance needs of young men and women between the ages of 17 and 21 years old. The program is operated from five facilities on...

Read more

Transitional Living Program addresses the social, employability and self reliance needs of young men and women between the ages of 17 and 21 years old. The program is operated from five facilities on the north and south sides of Chicago and south suburbs and has the capacity to serve a maximum of fifty young men and women. One facility is a congregate living group home and four facilities are in apartment like settings. Each youth has access to computers and other amenities. Youth are taught life skills, developing appropriate social skills, the basics of cooking, living in a group setting, creating positive peer relationships, and budget management. The program provides supervision twenty four hours per day, seven days per week, incorporating structured programming as required on an individual basis.

Program 2

Independent Living Options serves up to 15 male and female youth, with and without children, who reside in their apartments and are between the ages of 17 and 21 years old. The goal of the program is...

Read more

Independent Living Options serves up to 15 male and female youth, with and without children, who reside in their apartments and are between the ages of 17 and 21 years old. The goal of the program is to teach youth who are transitioning from foster care or group homes the skills necessary to live independent, self-sufficient and productive lives after leaving the child welfare system. MYSI encourages and assists youth in working to obtain life skills, including creating positive peer relationships, developing socialization skills, and obtaining educational credentials which are necessary to become employed. Clients who are parents receive specialized guidance on parenting skills which are necessary to provide a stable and nurturing environment for their children. Guidance is provided through parenting groups which are held on a monthly basis for male and female parents.

Program 3

Continuity of Care Center (CCC) in conjunction with the Illinois Department of Children & Family Services provides psychiatric consultation and case management services to assure continuity of...

Read more

Continuity of Care Center (CCC) in conjunction with the Illinois Department of Children & Family Services provides psychiatric consultation and case management services to assure continuity of psychiatric consultation/treatment and mental health care jointly evaluates the child, youth or parents in a manner designed to promote permanency by maintaining, strengthening and safeguarding the functioning of families to:* Prevent substitute care placement* Promote family reunification,* Stabilize foster care placements,* Facilitate youth development, and* Ensure the safety, permanency and wellbeing of children and families.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,491,763
Program Service Revenue $0
Investment Income $50,672
Other Revenue $450
TOTAL REVENUE $5,542,885

Expense Breakdown

Grants Paid $350,695
Salaries & Benefits $3,635,318
Fundraising Expenses $14,241
Program Expenses $5,018,321
Other Expenses $1,898,094
TOTAL EXPENSES $5,884,107

Year-over-Year Comparison

2024 2023 Change
Revenue $5,542,885 $5,042,404 +0.1%
Expenses $5,884,107 $4,692,281 +0.3%
Net Income $-341,222 $350,123 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
66
Volunteers
14

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
5
$198,497
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leon DeLoney Chair 3.00
Officer Director
$0 $0 $0
Zenaida Alonzo Vice Chair 2.00
Officer Director
$0 $0 $0
Joel Pomerenk Treasurer 2.00
Officer Director
$0 $0 $0
Patrick Spangler Secretary 3.00
Officer Director
$0 $0 $0
William Zopp Director 1.00
Director
$0 $0 $0
Rose Parker Director 1.00
Director
$0 $0 $0
Khirey J Floyd Director 1.00
Director
$0 $0 $0
Rev Robert Houston Director 1.00
Director
$0 $0 $0
Nicole McNeal-McGee Director 1.00
Director
$0 $0 $0
Erica Bland Director 1.00
Director
$0 $0 $0
Andrea Hall President/CEO 40.00
Officer
$179,430 $19,067 $198,497
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
2025 $5,542,885 $5,884,107 $3,556,119 $-341,222
2024 No data No data No data No data
2024 No data No data No data No data
2023 $3,629,936 $4,269,756 $4,063,740 $-639,820
2022 $4,426,397 $4,943,088 $3,966,882 $-516,691
2021 $5,833,116 $5,249,174 $4,340,023 $583,942
2020 $4,721,071 $4,845,900 $3,348,506 $-124,829
2019 $4,895,492 $4,996,787 $3,026,264 $-101,295
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MYSI Corporation with other nonprofits in Illinois and across the country.