MIDLAND AREA HOMES INC (EIN 381913233) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

JOE COFFEY

Phone

9894969550

Tax Period

2023-10-01 to 2024-09-30

MIDLAND AREA HOMES INC, founded in 1969, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023.

Mission

TO HELP MIDLAND COUNTY RESIDENTS IN NEED, SUSTAIN STABLE HOUSING THROUGH EDUCATION, ADVOCACY AND SUPPORT SERVICES, AND PROMOTING SELF-SUFFICIENCY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,222,073

Program Service Revenue $0

Investment Income $-3,292

Other Revenue $-3,881

TOTAL REVENUE $1,214,900

Expense Breakdown

Grants Paid $6,980

Salaries & Benefits $395,301

Fundraising Expenses $0

Program Expenses $1,220,140

Other Expenses $831,014

TOTAL EXPENSES $1,233,295

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,214,900	$1,223,666	0.0%
Expenses	$1,233,295	$1,151,810	+0.1%
Net Income	$-18,395	$71,856	-1.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$119,988

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY TAGGET	FINANCE DIRE	40.00	Officer	$56,034	$0	$56,034
JOE COFFEY	EXECUTIVE DI	40.00	Officer	$35,558	$0	$35,558
DONNA ST JOHN	FORMER EXECU	40.00	Officer	$28,396	$0	$28,396
JIM BELLOR	TREASURER	1.00	Officer Director	$0	$0	$0
ROBB BOERNER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK CZERWINSKI	BOARD SECRET	1.00	Officer Director	$0	$0	$0
MONICA HARPER	DIRECTOR	1.00	Director	$0	$0	$0
KELLI MINARDI	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN SHAUGHNESSY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS SHIRK	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ROB TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
STACEY TRAPANI	BOARD PRESID	1.00	Officer 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	$1,214,900	$1,233,295	$1,455,450	$-18,395
2023	$1,223,666	$1,151,810	$1,418,743	$71,856
2023	$1,237,956	$1,151,808	$1,418,743	$86,148
2022	$3,716,670	$4,046,536	$1,332,023	$-329,866
2021	$3,230,431	$2,647,206	$1,720,320	$583,225
2020	$986,641	$933,247	$1,163,044	$53,394
2019	$830,745	$693,989	$1,066,545	$136,756
2018	$1,233,927	$641,411	$930,976	$592,516

MIDLAND AREA HOMES INC