The Kings Daughters and Sons of Midland Inc

EIN: 386093424 501(c)(3)

Midland, MI

Total Revenue
$48,376
Total Expenses
$96,848
Total Assets
$587,058
Net Assets
$587,058
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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
1948
Legal Domicile
MI
Principal Officer
Marcelle Molzahn
Phone
9898595775
Tax Period
2021-01-01 to 2021-12-31

The Kings Daughters and Sons of Midland Inc, founded in 1948, is a micro nonprofit that reported $48K in total revenue in fiscal year 2021. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $97K exceeded revenue, resulting in a 100% operating deficit.

Mission

To provide clothing and college scholarships to need based Midland County residents.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $47,725
Program Service Revenue $638
Investment Income $13
Other Revenue $0
TOTAL REVENUE $48,376

Expense Breakdown

Grants Paid $21,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,282
Other Expenses $75,848
TOTAL EXPENSES $96,848

Year-over-Year Comparison

2021 2020 Change
Revenue $48,376 $185,700 -0.7%
Expenses $96,848 $77,565 +0.2%
Net Income $-48,472 $108,135 -1.4%
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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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
35

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ann DeBoer President 2.00
Director
$0 $0 $0
Kathy Wolf Secretary 2.00
Director
$0 $0 $0
Marcelle Molzahn Treasurer 2.00
Director
$0 $0 $0
Linda Hutchison Vice President 2.00
Director
$0 $0 $0
Dorothy Peters Membership Secretary 2.00
Director
$0 $0 $0
Amy Nehil Board Member 1.00
Director
$0 $0 $0
Ann O'Connell Board Member 1.00
Director
$0 $0 $0
Jan Samaik Board Member 1.00
Director
$0 $0 $0
Ellen MacLaughlin Board Member 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
2021 $48,376 $96,848 $587,058 $-48,472
2020 $185,700 $77,565 $587,733 $108,135
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