MID-AMERICA DEVELOPMENT FOUNDATION

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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

2020

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Mission

TO DEVELOP AND PROVIDE QUALITY HOUSING, COUNSELING, AND FINANCIAL SERVICES

Program Service Accomplishments

Program 1

THE ORGANIZATION RECOGNIZES THE IMPORTANCE THAT EDUCATION HAS ON THE BODY, MIND, AND SPIRIT, AND WE BELIEVE THAT THE ACADEMIC AND VOCATIONAL EDUCATION IS A VITAL ELEMENT BY WHICH POVERTY CAN BE...

THE ORGANIZATION RECOGNIZES THE IMPORTANCE THAT EDUCATION HAS ON THE BODY, MIND, AND SPIRIT, AND WE BELIEVE THAT THE ACADEMIC AND VOCATIONAL EDUCATION IS A VITAL ELEMENT BY WHICH POVERTY CAN BE ELIMINATED. THE FOUNDATION WILL OFFER SCHOLARSHIPS AND GRANTS THAT ARE EDUCATIONAL IN NATURE AS WELL AS TO FUND EDUCATIONAL AND VOCATIONAL SUPPORTIVE SERVICES

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $48,257

TOTAL EXPENSES $48,257

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$48,257	N/A	N/A
Net Income	N/A	N/A	N/A

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
CLAUDE BURKS	MEMBER	2.00	Director	$0	$0	$0
BRENDLEY HAYNES	SECRETARY	40.00	Officer	$0	$0	$0
FRANK REED	PRESIDENT	4.00	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
2023	No data	$48,257	No data	No data
2022	$18,589	$82,944	$262,069	$-64,355
2021	$443,817	$583,178	$326,424	$-139,361