Midwest Basketball Group

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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

MARLON A POLK

Phone

4028805545

Tax Period

2023-09-01 to 2024-08-31

Midwest Basketball Group, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $240K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 7% surplus.

Mission

MBG is organized/operated exclusively for the charitable/educational purpose of providing youth under age 18 chances to earn scholar- ships by playing in basketball tournaments before college scouts

Program Service Accomplishments

Program 1

Expenses: $222,777 Revenue: $240,498

The MBG's annual program service accomplishment is the hosting of the Midwest Basketball Showcase which was founded to allow youth under age 18 the opportunity to earn college scholarships by...

The MBG's annual program service accomplishment is the hosting of the Midwest Basketball Showcase which was founded to allow youth under age 18 the opportunity to earn college scholarships by showcasing their basketball skills in front of college scouts. Our annual event is open to girls and boys and we do not discriminate against person interested in our event. In 2024, approximately 2,200 youth participated in our 3-day event including a diverse group of youth including caucaisan, african-american, latino, native american, sudanese and ethiopian

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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 $72,872

Program Service Revenue $167,626

Investment Income $0

Other Revenue $0

TOTAL REVENUE $240,498

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $222,777

Other Expenses $216,777

TOTAL EXPENSES $222,777

Year-over-Year Comparison

	2023	2022	Change
Revenue	$240,498	$182,375	+0.3%
Expenses	$222,777	$163,683	+0.4%
Net Income	$17,721	$18,692	-0.1%

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

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
JARRON A BRADLEY	PrincipalPresident	N/A	Officer Director	$0	$0	$0
MARLON A POLK	PrincipalTreasurer	N/A	Officer Director	$0	$0	$0
BRANDY N SMITH	VP Secretary	N/A	Officer 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	$240,498	$222,777	$135,978	$17,721