MILLERS ISLAND-EDGEMERE BUSINESS A… - Form 990 Financial Data

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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

1998

Legal Domicile

Principal Officer

GARY EWING

Phone

4102843030

Tax Period

2025-01-01 to 2025-12-31

MILLERS ISLAND-EDGEMERE BUSINESS ASSOC CHARITIES, founded in 1998, is a micro nonprofit in the Education sector that reported $27K in total revenue in fiscal year 2025. The organization ran a surplus of $9K, a strong 35% operating margin.

Mission

TO PROMOTE THE ECONOMIC BUSINESS ENVIRONMENT OF MILLERS ISLAND AND EDGEMERE COMMUNITIES TO PROVIDE FINANCIAL ASSISTANCE TO VARIOUS CHARITIES FROM SURROUNDING

Program Service Accomplishments

Program 1

Expenses: $4,500 Revenue: $28,090

TO PROVIDE FINANCIAL ASSISTANCE TO VARIOUS GROUPS AND ORGANIZATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $25,390

Program Service Revenue $0

Investment Income $1,406

Other Revenue $0

TOTAL REVENUE $26,796

Expense Breakdown

Grants Paid $4,500

Salaries & Benefits $0

Fundraising Expenses $7,873

Program Expenses $4,500

Other Expenses $12,885

TOTAL EXPENSES $17,385

Year-over-Year Comparison

	2025	2024	Change
Revenue	$26,796	$26,372	+0.0%
Expenses	$17,385	$16,562	+0.0%
Net Income	$9,411	$9,810	0.0%

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

100

Independent Members

100

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
JIMMY MEYERS	PRESIDENT	5.00	Officer	$0	$0	$0
BUDDY MCGOWAN	VICE PRESIDENT	5.00	Officer	$0	$0	$0
MICHAEL SPIVEY	TREASURER	8.00	Officer	$0	$0	$0
PATRICIA CARROLL	SECRETARY	5.00	Officer	$0	$0	$0
MIKE MCKEMY	CHAIRMAN OF BOARD	2.00	Director	$0	$0	$0
JOHN SHKOR	SERGEANT OF ARMS	2.00	Director	$0	$0	$0
ROSE SHKOR	DIRECTOR	2.00	Director	$0	$0	$0
CANDI MEYERS	DIRECTOR	2.00	Director	$0	$0	$0
KIMBERLY SCHOEBERLEIN	DIRECTOR	2.00	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
2025	$26,796	$17,385	$100,349	$9,411
2024	$26,372	$16,562	$90,938	$9,810
2023	$25,066	$18,433	$81,128	$6,633
2022	$24,506	$16,265	$74,495	$8,241
2021	$12,901	$10,292	$66,254	$2,609
2020	$5,621	$7,323	$65,008	$-1,702
2019	$20,939	$12,931	$66,710	$8,008
2018	$14,636	$16,104	$58,702	$-1,468

MILLERS ISLAND-EDGEMERE BUSINESS ASSOC CHARITIES