MECHANICAL INDUSTRY FUND INC (EIN 383337968) - 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

1996

Legal Domicile

Principal Officer

YATES VANDEN HEUVEL

Phone

5173880006

Tax Period

2024-01-01 to 2024-12-31

MECHANICAL INDUSTRY FUND INC, founded in 1996, is a small nonprofit that reported $120K in total revenue in fiscal year 2024. The organization ran a surplus of $43K, a strong 36% operating margin.

Mission

TO PROMOTE THE MECHANICAL INDUSTRY TO BENEFIT ITS MEMBERS.

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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 $0

Program Service Revenue $77,707

Investment Income $3,601

Other Revenue $38,305

TOTAL REVENUE $119,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,308

Other Expenses $76,631

TOTAL EXPENSES $76,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$119,613	$121,342	0.0%
Expenses	$76,631	$73,873	+0.0%
Net Income	$42,982	$47,469	-0.1%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC BREY	DIRECTOR	2.00	Director	$0	$0	$0
GREG SUDDERTH	EXECUTIVE DI	N/A	Director	$0	$0	$0
CARL VONCK	DIRECTOR	2.00	Director	$0	$0	$0
CORY BUSHONG	SECRETARY/TR	2.00	Officer	$0	$0	$0
YATES VANDEN HEUVEL	PRESIDENT	2.00	Officer	$0	$0	$0
KIP ZILISCH	VICE PRESIDE	2.00	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
2024	$119,613	$76,631	$483,439	$42,982
2023	$121,342	$73,873	$439,088	$47,469
2022	$26,245	$75,831	$391,619	$-49,586
2021	$102,790	$58,277	$441,205	$44,513
2020	$83,722	$65,576	$396,692	$18,146
2019	$125,056	$49,004	$378,546	$76,052
2018	$87,733	$75,993	$302,494	$11,740

MECHANICAL INDUSTRY FUND INC