MID AMERICA DANCE COMPANY MODERN AMERICA DANCE COMPANY (MADCO) (EIN 431095885) - 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

1976

Legal Domicile

Principal Officer

KEN TUCKER

Phone

3149245731

Tax Period

2020-07-01 to 2021-06-30

MID AMERICA DANCE COMPANY MODERN AMERICA DANCE COMPANY (MADCO), founded in 1976, is a micro nonprofit that reported $31K in total revenue in fiscal year 2020. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 37% operating deficit.

Mission

MADCO'S MISSION IS TO ENTERTAIN, EDUCATE, AND COLLABORATE THROUGH INNOVATIVE DANCE EXPERIENCES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $12,679

Program Service Revenue $18,430

Investment Income $0

Other Revenue $0

TOTAL REVENUE $31,109

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,096

Fundraising Expenses $0

Program Expenses $28,832

Other Expenses $29,662

TOTAL EXPENSES $42,758

Year-over-Year Comparison

	2020	2019	Change
Revenue	$31,109	$148,135	-0.8%
Expenses	$42,758	$117,806	-0.6%
Net Income	$-11,649	$30,329	-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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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
KEN TUCKER	PRESIDENT	15.00	Officer Director	$0	$0	$0
BILL OTTO	TREASURER	5.00	Officer Director	$0	$0	$0
TRICIA ZWEIER	DIRECTOR	15.00	Director	$0	$0	$0
GLENNETTA HAYMON	DIRECTOR	15.00	Director	$0	$0	$0
REENA VENKATESAN	DIRECTOR	5.00	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	$31,109	$42,758	$45,461	$-11,649
2020	$148,135	$117,806	$53,510	$30,329
2019	$318,213	$284,690	$23,320	$33,523
2018	$254,567	$248,789	$-10,197	$5,778

MID AMERICA DANCE COMPANY MODERN AMERICA DANCE COMPANY (MADCO)