Missouri Association of Secondary … - Form 990 Financial Data

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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

1977

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Missouri Association of Secondary School Principal, founded in 1977, is a small nonprofit that reported $985K in total revenue in fiscal year 2023.

Mission

To improve secondary education through positive leadership and the enhancement of student performance.

Program Service Accomplishments

Program 1

Expenses: $883,386 Revenue: $262,036

All activities are designed to assist principals and teachers in carrying out their responsibilities as instructional leaders toimprove education to better serve the youth.

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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 $516,501

Program Service Revenue $224,524

Investment Income $10,963

Other Revenue $233,007

TOTAL REVENUE $984,995

Expense Breakdown

Grants Paid $0

Salaries & Benefits $331,143

Fundraising Expenses $0

Program Expenses $883,386

Other Expenses $644,229

TOTAL EXPENSES $975,372

Year-over-Year Comparison

	2023	2022	Change
Revenue	$984,995	$935,388	+0.1%
Expenses	$975,372	$1,002,549	0.0%
Net Income	$9,623	$-67,161	-1.1%

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

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
Kate Lydon	At-Large Middle Level	2.00	Director	$0	$0	$0
Joe Casey	Southwest Region	2.00	Director	$0	$0	$0
Brian Witt	South Central Region	2.00	Director	$0	$0	$0
Spencer Allen Allen	At-Large Non-Public	2.00	Director	$0	$0	$0
Kathryn Greer	Past President	2.00	Director	$0	$0	$0
Stephanie Grisham	At-Large Asst Principals	2.00	Director	$0	$0	$0
Bryan Himes	Central Region	2.00	Director	$0	$0	$0
Jay Apostol	NASSP Cordinator	2.00	Director	$0	$0	$0
Deb Hill-Haag	Northeast Region	2.00	Director	$0	$0	$0
Teresa McKenzie	President-Elect	2.00	Director	$0	$0	$0
John Boyd	Southeast Region	2.00	Director	$0	$0	$0
Jim Kern	At-Large Higher Education	2.00	Director	$0	$0	$0
Lisa Craig	Northwest Region	2.00	Director	$0	$0	$0
Shenita Mayes	At-Large Incusion	2.00	Director	$0	$0	$0
Adrian Singletary	Kansas City Region	2.00	Director	$0	$0	$0
Benicia Nanez Hunt	StLouis Region	2.00	Director	$0	$0	$0
Corey Willich	President	2.00	Officer Director	$0	$0	$0
Barbara McCormick	Treasurer	2.00	Officer Director	$0	$0	$0
Chris Hoehne	Director of Programming&Devel	40.00	Key Emp	$0	$0	$0
Clark Mershon	Executive Director	40.00	Key Emp	$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
2025	No data	No data	No data	No data
2024	$984,995	$975,372	$2,478,445	$9,623
2023	$935,388	$1,002,549	$2,459,136	$-67,161
2022	$1,025,555	$929,080	$2,594,651	$96,475
2021	$930,892	$656,298	$2,037,826	$274,594
2021	$930,892	$641,298	$2,052,826	$289,594
2020	$815,919	$761,888	$951,723	$54,031
2019	$762,465	$847,105	$803,523	$-84,640

Missouri Association of Secondary School Principal