MARSHALL COUNTY LIFE CENTER INC (EIN 371884198) - 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

2017

Legal Domicile

Principal Officer

DAN TYREE

Phone

5749358499

Tax Period

2023-01-01 to 2023-12-31

MARSHALL COUNTY LIFE CENTER INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $195K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $357K exceeded revenue, resulting in a 83% operating deficit.

Mission

TO HOLD TITLE TO AND MANAGE REAL AND TO A LIMITED EXTENT PERSONAL PROPERTY OF THE MARSHALL COUNTY ECONOMIC DEVELOPMENT CORPORATION.

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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 $195,119

Investment Income $0

Other Revenue $0

TOTAL REVENUE $195,119

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $302,677

Other Expenses $357,005

TOTAL EXPENSES $357,005

Year-over-Year Comparison

	2023	2022	Change
Revenue	$195,119	$390,238	-0.5%
Expenses	$357,005	$694,245	-0.5%
Net Income	$-161,886	$-304,007	-0.5%

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
CORY MCCLARNON	BOARD OF DIRECTORS	0.50	Director	$0	$0	$0
DAN TYREE	CHAIRMAN	0.50	Officer Director	$0	$0	$0
FRANCIS ELLERT	BOARD OF DIRECTORS	0.50	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	No data	No data	No data	No data
2023	$195,119	$357,005	$11,057,176	$-161,886
2022	$390,238	$694,245	$11,228,182	$-304,007
2021	$390,238	$701,894	$11,523,069	$-311,656
2020	$495,216	$681,910	$11,961,333	$-186,694
2019	$577,204	$431,700	$12,242,027	$145,504
2018	$2,501,952	$34,429	$14,593,737	$2,467,523

MARSHALL COUNTY LIFE CENTER INC