MOTOR CARRIER INSURANCE EDUCATION FOUNDATION INC (EIN 461891875) - 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

2013

Legal Domicile

Principal Officer

GARY FLAHERTY

Phone

2399392233

Tax Period

2023-01-01 to 2023-12-31

MOTOR CARRIER INSURANCE EDUCATION FOUNDATION INC, founded in 2013, is a community nonprofit in the Employment sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE EDUCATION AND RELATED RESOURCES TO ITS MEMBERS CONSISTING OF INSURERS OF MOTOR CARRIERS AND INDIVIDUALS INVOLVED IN THE MOTOR CARRIER INDUSTRY.

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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 $0

Program Service Revenue $1,580,602

Investment Income $4,644

Other Revenue $-24,934

TOTAL REVENUE $1,560,312

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $460,484

TOTAL EXPENSES $1,622,146

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,560,312	$1,295,178	+0.2%
Expenses	$1,622,146	$1,040,611	+0.6%
Net Income	$-61,834	$254,567	-1.2%

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

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
SCOTT LYDEN	SECRETARY	10.00	Officer Director	$0	$0	$0
NEAL DAUNT	TREASURER	10.00	Officer Director	$0	$0	$0
DREW EASTON	DIRECTOR	10.00	Director	$0	$0	$0
DOUG HATHAWAY	DIRECTOR	10.00	Director	$0	$0	$0
CRAIG LACK	DIRECTOR	10.00	Director	$0	$0	$0
GARY FLAHERTY	CHAIRMAN	10.00	Director	$0	$0	$0
BRENDA WISER	VICE CHAIRMA	10.00	Director	$0	$0	$0
PETE MATTHEWS	DIRECTOR	10.00	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
2024	No data	No data	No data	No data
2023	$1,560,312	$1,622,146	$1,397,265	$-61,834
2022	$1,295,178	$1,040,611	$1,583,974	$254,567
2021	$870,868	$798,597	$1,281,432	$72,271
2020	$689,403	$445,508	$1,252,116	$243,895
2019	$838,880	$578,401	$1,007,593	$260,479
2018	$583,662	$551,313	$390,207	$32,349

MOTOR CARRIER INSURANCE EDUCATION FOUNDATION INC