MARTIN AREA RESOURCE CENTER

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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

1999

Legal Domicile

Principal Officer

CAROL VISSER

Phone

2696725605

Tax Period

2023-01-01 to 2023-12-31

MARTIN AREA RESOURCE CENTER, founded in 1999, is a small nonprofit in the Human Services sector that reported $175K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $30K, a strong 17% operating margin.

Mission

THE MARTIN AREA RESOURCE CENTER MISSION IS TO BE A COMMUNITY SUPPORTED ORGANIZATION THAT PROVIDES BASIC NEEDS TO ELIGIBLE INDIVIDUALS AND FAMILIES THROUGHOUT THE AREA

Program Service Accomplishments

Program 1

Expenses: $90,641

FOOD BANK PROGRAM 20856 POUNDS OF FOOD WAS DISTRIBUTED TO INDIVIDUALS SERVED THROUGH REGULAR MONTHLY DISTRIBUTIONS AND EMERGENCY ONE TIME DISTRIBUTIONS

Program 2

Expenses: $7,541

CLOTHING PROGRAM 7541 ARTICLES OF CLOTHING WERE DISTRIBUTED TO HOUSEHOLDS THROUGH MONTHLY DISTRIBUTIONS AND AS-NEEDED DISTRIBUTIONS

Program 3

Expenses: $3,500

HOUSEHOLD GOODS AND OTHER ASSISTANCE FOR QUALIFIED FAMILIES

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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 $168,017

Program Service Revenue $0

Investment Income $0

Other Revenue $6,715

TOTAL REVENUE $174,732

Expense Breakdown

Grants Paid $74,463

Salaries & Benefits $27,220

Fundraising Expenses $0

Program Expenses $101,682

Other Expenses $43,408

TOTAL EXPENSES $145,091

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,732	$249,381	-0.3%
Expenses	$145,091	$256,422	-0.4%
Net Income	$29,641	$-7,041	-5.2%

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

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

$25,245

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA SHUMAKER	EXECUTIVE DI	16.00	Director	$25,245	$0	$25,245
SHARON DAVIS	MEMBER	2.00	Director	$0	$0	$0
LUESETTIE PHELPS	MEMBER	2.00	Director	$0	$0	$0
CYNTHIA SHAFFER	MEMBER	2.00	Director	$0	$0	$0
RODNEY SHUMAKER	MEMBER	2.00	Director	$0	$0	$0
JOYCE VANDERBEE	MEMBER	2.00	Director	$0	$0	$0
CAROL VISSER	TREASURER	2.00	Officer Director	$0	$0	$0
HARVEY VISSER	PRESIDENT	40.00	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	No data	No data	No data	No data
2023	$174,732	$145,091	$71,854	$29,641
2022	$249,381	$256,422	$42,212	$-7,041
2021	$206,123	$229,594	$49,252	$-23,471
2020	$236,343	$223,648	$74,163	$12,695
2019	$194,011	$194,322	$61,468	$-311
2018	$202,529	$224,493	$61,752	$-21,964