MIDLAND BUSINESS ALLIANCE (EIN 475297349) - 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

2015

Legal Domicile

Principal Officer

ROGER CHAMBERLIN

Phone

9898399522

Tax Period

2024-01-01 to 2024-12-31

MIDLAND BUSINESS ALLIANCE, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $980K in total revenue in fiscal year 2024. Expenses of $1.5M exceeded revenue, resulting in a 52% operating deficit.

Mission

THE MIDLAND BUSINESS ALLIANCE (MBA) IS MIDLAND COUNTY'S INTEGRATED BUSINESS HUB, SERVING A VIBRANT COMMUNITY IN WHICH THE PEOPLE, INDUSTRY, AND BUSINESSES PROSPER. THE PURPOSE OF MBA IS TO DEVELOP, ADVANCE, AND PROMOTE THE ECONOMIC, INDUSTRIAL, COMMERCIAL, PROFESSIONAL, SOCIAL, CULTURAL, AND CIVIC WELFARE OF THE MIDLAND AREA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $71,891

Program Service Revenue $358,388

Investment Income $31,592

Other Revenue $517,652

TOTAL REVENUE $979,523

Expense Breakdown

Grants Paid $510,000

Salaries & Benefits $1,366,504

Fundraising Expenses $0

Program Expenses $890,166

Other Expenses $-385,861

TOTAL EXPENSES $1,490,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$979,523	$922,344	+0.1%
Expenses	$1,490,643	$1,663,620	-0.1%
Net Income	$-511,120	$-741,276	-0.3%

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

150

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

$408,763

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY STAMAS	CEO	40.00	Officer	$233,539	$22,542	$256,081
ROGER CHAMBERLIN	CFO	40.00	Officer	$128,533	$24,149	$152,682
JENNIFER BRUZEWSKI	COO	40.00	Highest	$107,430	$13,507	$120,937
MARYBETH PENKALA	SR DIR BUS E	40.00	Highest	$108,783	$11,937	$120,720
NICOLE WILSON	VP ECON DEVE	40.00	Highest	$106,947	$10,650	$117,597
MARK BONE	DIRECTOR	1.00	Director	$0	$0	$0
DIANE BRISTOL	DIRECTOR	1.00	Director	$0	$0	$0
ROB CHADWICK	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN CROSS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT DAVIES	DIRECTOR	1.00	Director	$0	$0	$0
MARY DRAVES	PAST CHAIR	1.00	Officer Director	$0	$0	$0
HEATHER GALLEGOS	DIRECTOR	1.00	Director	$0	$0	$0
LISA GERSTACKER	DIRECTOR	1.00	Director	$0	$0	$0
BRIDGETTE GRANSDEN	DIRECTOR	1.00	Director	$0	$0	$0
BRYNN HAMMOND	DIRECTOR	1.00	Director	$0	$0	$0
ALI HUNTOON	DIRECTOR	1.00	Director	$0	$0	$0
CAL IEUTER	DIRECTOR	1.00	Director	$0	$0	$0
WENDY KANAR	DIRECTOR	1.00	Director	$0	$0	$0
BRAD KAYE	DIRECTOR	1.00	Director	$0	$0	$0
LEE ANN KELLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KIM KRANTZ	DIRECTOR	1.00	Director	$0	$0	$0
TIM LACEY	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG LANG	CHAIR	1.00	Officer Director	$0	$0	$0
JON LYNCH	DIRECTOR	1.00	Director	$0	$0	$0
LAURA MCINTIRE	DIRECTOR	1.00	Director	$0	$0	$0
MADHU RISHI	DIRECTOR	1.00	Director	$0	$0	$0
JORDAN SUMMERS	DIRECTOR	1.00	Director	$0	$0	$0
KELLY WEHNER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WILLIAMS	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
SHAWN WILSON	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
2024	$979,523	$1,490,643	$2,388,041	$-511,120
2023	$922,344	$1,663,620	$3,121,345	$-741,276
2022	$448,847	$977,360	$3,732,046	$-528,513
2021	$979,316	$1,202,924	$4,154,883	$-223,608
2020	$1,418,752	$1,003,046	$4,311,081	$415,706
2019	$2,050,537	$1,113,087	$3,871,387	$937,450
2018	$3,005,475	$372,832	$2,689,055	$2,632,643

MIDLAND BUSINESS ALLIANCE