The Mile High Five Foundation c/o Lyle Wallace (EIN 462045437) - 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

Patrick Seese

Phone

3037644012

Tax Period

2023-01-01 to 2023-12-31

The Mile High Five Foundation c/o Lyle Wallace, founded in 2013, is a micro nonprofit that reported $91K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $102K exceeded revenue, resulting in a 12% operating deficit.

Mission

To improve the lives of Colorado's at-risk youth population by supporting non-profit organizations that provide services in the areas of children's health, mental health and education.

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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 $283,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-192,230

TOTAL REVENUE $90,770

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,000

Other Expenses $1,985

TOTAL EXPENSES $101,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$90,770	$133,220	-0.3%
Expenses	$101,985	$147,035	-0.3%
Net Income	$-11,215	$-13,815	-0.2%

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
Eric Holt	Chairman	1.00	Officer Director	$0	$0	$0
Ethan Furtek	Director	1.00	Director	$0	$0	$0
Jay Coughlon	Director	1.00	Director	$0	$0	$0
Kenneth Monfort	Director	1.00	Director	$0	$0	$0
Lyle A Wallace	Secretary	1.00	Officer Director	$0	$0	$0
Patrick Seese	Treasurer	1.00	Officer Director	$0	$0	$0
Ryan Sullivan	Director	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
2023	$90,770	$101,985	No data	$-11,215
2022	$133,220	$147,035	$153,553	$-13,815
2021	$173,256	$46,449	$167,368	$126,807
2020	$27,987	$107,304	$40,561	$-79,317
2019	$78,358	$64,093	$119,878	$14,265
2018	$80,940	$28,915	$105,613	$52,025

The Mile High Five Foundation c/o Lyle Wallace