Midwest Academy (EIN 362776406) - 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

1972

Legal Domicile

Principal Officer

Eric Zachary

Phone

3124272304

Tax Period

2024-01-01 to 2024-12-31

Midwest Academy, founded in 1972, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 34% operating margin.

Mission

Training and consulting with community organizers, supervisors and volunteers.

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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 $2,085,697

Program Service Revenue $852,233

Investment Income $26,453

Other Revenue $4,578

TOTAL REVENUE $2,968,961

Expense Breakdown

Grants Paid $353,894

Salaries & Benefits $1,114,341

Fundraising Expenses $130,408

Program Expenses $1,660,155

Other Expenses $500,237

TOTAL EXPENSES $1,968,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,968,961	$2,196,037	+0.4%
Expenses	$1,968,472	$1,406,611	+0.4%
Net Income	$1,000,489	$789,426	+0.3%

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

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

$347,201

Total Directors

$33,121

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yomara Velez	Executive Dir.	40.00	Officer	$157,040	$0	$157,040
Eric Zachary	Executive Dir.	40.00	Officer	$157,040	$0	$157,040
Judy Hertz	Director	10.00	Officer Director	$33,121	$0	$33,121
James Lopez	Director	1.00	Director	$0	$0	$0
Heather Booth	Chairperson	1.00	Officer Director	$0	$0	$0
Jacquelyne Grimshaw	Treasurer	1.00	Officer Director	$0	$0	$0
Andrea Mercado	Director	1.00	Director	$0	$0	$0
Robert Creamer	Director	1.00	Director	$0	$0	$0
Jacquelyn A Kendall	Director	1.00	Director	$0	$0	$0
David Medina	Director	1.00	Director	$0	$0	$0
Marvin Randolph	Director	1.00	Director	$0	$0	$0
Jitu Brown	Director	1.00	Director	$0	$0	$0
Bill Shiebler	Director	1.00	Director	$0	$0	$0
Eddy Morales	Director	1.00	Director	$0	$0	$0
Jessica Pierce	Director	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	$2,968,961	$1,968,472	$3,712,314	$1,000,489
2023	$2,196,037	$1,406,611	$2,754,086	$789,426
2022	$1,914,728	$1,048,215	$1,920,437	$866,513
2022	$1,914,728	$1,048,215	$1,920,437	$866,513
2021	$1,143,433	$740,772	$1,134,126	$402,661
2020	$884,697	$616,895	$748,674	$267,802
2019	$724,006	$656,674	$293,805	$67,332
2018	$546,710	$567,440	$272,095	$-20,730

Midwest Academy