MIDLAND KING'S DAUGHTERS HOME (EIN 381547021) - 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

1946

Legal Domicile

Principal Officer

JEAN KRAUSE

Phone

9898399800

Tax Period

2023-01-01 to 2023-12-31

MIDLAND KING'S DAUGHTERS HOME, founded in 1946, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2023. Expenses of $5.2M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO OPERATE, MAINTAIN, AND MANAGE A HOME FOR THE AGED AND NURSING HOME FACILITY.

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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 $1,631,089

Program Service Revenue $2,990,850

Investment Income $9,505

Other Revenue $0

TOTAL REVENUE $4,631,444

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,015,077

Fundraising Expenses $0

Program Expenses $4,754,751

Other Expenses $1,233,343

TOTAL EXPENSES $5,248,420

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,631,444	$4,359,320	+0.1%
Expenses	$5,248,420	$4,998,917	+0.0%
Net Income	$-616,976	$-639,597	0.0%

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

141

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

$208,133

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN KRAUSE	CHAIRMAN	3.00	Officer Director	$0	$0	$0
MARK MINBIOLE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA BAKER	DIRECTOR	1.00	Director	$0	$0	$0
SHARON LEENHOUTS	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL KELLY	ADMINISTRATO	40.00	Officer	$120,970	$12,046	$133,016
JAMIE STUDER	BUSINESS MAN	40.00	Officer	$64,766	$10,351	$75,117
MICHAEL DIZER	TREASURER	2.00	Officer Director	$0	$0	$0
LINDA HUTCHINSON	DIRECTOR	1.00	Director	$0	$0	$0
NANCY HEIB	DIRECTOR	1.00	Director	$0	$0	$0
AMY NEHIL	DIRECTOR	1.00	Director	$0	$0	$0
ANNE DEBOER	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	No data	No data	No data	No data
2023	$4,631,444	$5,248,420	$2,665,628	$-616,976
2022	$4,359,320	$4,998,917	$3,238,333	$-639,597
2021	$5,094,728	$4,393,178	$3,883,592	$701,550
2020	$4,150,130	$4,468,106	$3,178,472	$-317,976
2019	$4,458,131	$4,302,835	$3,470,310	$155,296
2018	$4,494,412	$4,216,383	$3,321,645	$278,029

MIDLAND KING'S DAUGHTERS HOME