United Way of Midland County (EIN 381434224) - 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

1932

Legal Domicile

Principal Officer

Holly Miller

Phone

9896313670

Tax Period

2024-01-01 to 2024-12-31

United Way of Midland County, founded in 1932, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $5.9M exceeded revenue, resulting in a 27% operating deficit.

Mission

To improve lives by mobilizing the caring power of the Midland community through leadership, collaboration, volunteerism and charitable fundraising.

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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 $4,413,713

Program Service Revenue $86,515

Investment Income $105,037

Other Revenue $65,267

TOTAL REVENUE $4,670,532

Expense Breakdown

Grants Paid $3,607,864

Salaries & Benefits $1,518,981

Fundraising Expenses $469,962

Program Expenses $4,454,408

Other Expenses $788,259

TOTAL EXPENSES $5,915,104

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,670,532	$5,929,942	-0.2%
Expenses	$5,915,104	$6,067,197	0.0%
Net Income	$-1,244,572	$-137,255	+8.1%

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

1181

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

$305,439

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Gavin	PAST CHAIR	1.00	Officer Director	$0	$0	$0
Wally Mayton	CHAIR	1.00	Officer Director	$0	$0	$0
Colin Broom	VICE CHAIR	1.00	Officer Director	$0	$0	$0
Patti Timm	TREASURER	1.00	Officer Director	$0	$0	$0
Rebecca Bentley	SECRETARY	1.00	Officer Director	$0	$0	$0
Ann Beck	CI IMPACT CHAIR	1.00	Officer Director	$0	$0	$0
Brad Duling	TRUSTEE	1.00	Director	$0	$0	$0
Craig Stevens	TRUSTEE	1.00	Director	$0	$0	$0
Brad Kaye	TRUSTEE	1.00	Director	$0	$0	$0
Penny Miller Nelson	TRUSTEE	1.00	Director	$0	$0	$0
Jon Pohl	TRUSTEE	1.00	Director	$0	$0	$0
Samantha McKenzie	TRUSTEE	1.00	Director	$0	$0	$0
Sinchan Banerjee	TRUSTEE	1.00	Director	$0	$0	$0
Stacy Coughlin	TRUSTEE	1.00	Director	$0	$0	$0
Chuck Sherwin	TRUSTEE	1.00	Director	$0	$0	$0
Dr Gina Wilson	TRUSTEE	1.00	Director	$0	$0	$0
Chris Moultrup	TRUSTEE	1.00	Director	$0	$0	$0
Katherine Soave	TRUSTEE	1.00	Director	$0	$0	$0
Jeff Dyer	TRUSTEE	1.00	Director	$0	$0	$0
Holly Miller	PRESIDENT/CEO	40.00	Officer	$165,069	$26,364	$191,433
Shannon Robbins	FINANCE DIRECTOR	40.00	Officer	$98,154	$15,852	$114,006

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	$4,670,532	$5,915,104	$14,732,355	$-1,244,572
2023	$5,929,942	$6,067,197	$15,486,555	$-137,255
2022	$5,163,254	$6,366,704	$15,159,671	$-1,203,450
2021	$5,562,541	$6,503,384	$17,565,074	$-940,843
2020	$12,494,265	$9,015,646	$18,815,763	$3,478,619
2019	$5,345,530	$4,750,831	$15,537,177	$594,699
2018	$5,131,003	$5,315,810	$14,831,086	$-184,807

United Way of Midland County