MIDWEST REGION FOUNDATION FOR FAIR CONTRACTING INC (EIN 371338273) - 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

1999

Legal Domicile

Principal Officer

DAVID FRYE

Phone

2175223381

Tax Period

2024-01-01 to 2024-12-31

MIDWEST REGION FOUNDATION FOR FAIR CONTRACTING INC, founded in 1999, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $756K, a strong 41% operating margin.

Mission

MONITOR CONSTRUCTION PROJECTS

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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 $1,632,135

Investment Income $127,846

Other Revenue $66,611

TOTAL REVENUE $1,826,592

Expense Breakdown

Grants Paid $5,929

Salaries & Benefits $628,568

Fundraising Expenses $0

Other Expenses $436,211

TOTAL EXPENSES $1,070,708

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,826,592	$1,557,816	+0.2%
Expenses	$1,070,708	$1,001,058	+0.1%
Net Income	$755,884	$556,758	+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

$166,680

Total Directors

$68,230

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT SMITH	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY PENN	TRUSTEE	1.00	Director	$0	$0	$0
GLYN RAMAGE	TRUSTEE	1.00	Director	$0	$7,470	$33,230
BRAD SCHAIVE	TRUSTEE	1.00	Director	$0	$0	$35,000
JAMES BRUNER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DAVE STARK JR	TRUSTEE	1.00	Director	$0	$0	$0
EUGENE KEELEY	TRUSTEE	1.00	Director	$0	$0	$0
JASON BREWER	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN BOYD	TRUSTEE	1.00	Director	$0	$0	$0
DAVID FRYE	CHAIRMAN	4.00	Officer Director	$0	$0	$0
SHAWN EIKER	DIRECTOR	4.00	Officer	$0	$72,178	$166,680
MELANIE MATHEWSON	COMPTROLLER	8.00	Highest	$0	$90,242	$212,263
SEAN STOTT	LEGISLATIVE DIRECTOR	1.00	Highest	$0	$139,724	$329,674
JEFFREY PENN	MROC DIRECTOR	1.00	Highest	$0	$104,647	$229,130
DAVID WILLIAMS	MROC LEAD ORGANIZER	1.00	Highest	$0	$74,360	$197,333
KURT FORNESS	DIRECTOR OF COMMUNICATION	0.00	Highest	$0	$69,208	$186,964

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	$1,826,592	$1,070,708	$3,871,728	$755,884
2023	$1,557,816	$1,001,058	$2,997,550	$556,758
2022	$1,157,084	$1,023,834	$2,302,488	$133,250
2021	$1,148,695	$980,713	$2,611,290	$167,982
2020	$828,297	$894,116	$2,492,934	$-65,819

MIDWEST REGION FOUNDATION FOR FAIR CONTRACTING INC