MIGHTY CORONA NATION INC (EIN 463160418) - 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

JOSH MATLAF

Tax Period

2023-07-01 to 2024-06-30

MIGHTY CORONA NATION INC, founded in 2013, is a small nonprofit in the Youth Development sector that reported $560K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

The bonding of Fathers and sons and Fathers and daughters thru activities

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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 $560,079

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $560,081

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $542,279

Other Expenses $551,900

TOTAL EXPENSES $551,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$560,081	$478,512	+0.2%
Expenses	$551,900	$463,290	+0.2%
Net Income	$8,181	$15,222	-0.5%

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

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
REED GLYER	SECRETARY	1.00	Officer	$0	$0	$0
BEN JOHNSON	PRESIDENT	1.00	Officer	$0	$0	$0
JOSH MATLAF	TREASURER	2.00	Officer	$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	$560,081	$551,900	$155,502	$8,181
2023	$478,512	$463,290	$151,316	$15,222
2022	$381,031	$313,990	$136,094	$67,041
2021	No data	$25,681	$69,053	No data
2020	$160,746	$115,630	$94,734	$45,116
2019	$279,588	$277,056	$49,618	$2,532
2018	$303,685	$277,394	$47,104	$26,291

MIGHTY CORONA NATION INC