MARC Workshop Inc (EIN 540848363) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

Nancy Moore

Phone

2766321018

Tax Period

2022-07-01 to 2023-06-30

MARC Workshop Inc, founded in 1969, is a small nonprofit that reported $195K in total revenue in fiscal year 2018. Revenue decreased 16% compared to the prior year. Expenses of $241K exceeded revenue, resulting in a 24% operating deficit.

Mission

Provides jobs and rehabilitation for physically and mentally handicapped individuals throughout Martinsville, Henry County, and Patrick County

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $218,730

Program Service Revenue $0

Investment Income $188

Other Revenue $3,035

TOTAL REVENUE $221,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,491

Fundraising Expenses $0

Program Expenses $210,192

Other Expenses $103,465

TOTAL EXPENSES $227,956

Year-over-Year Comparison

	2022	2021	Change
Revenue	$221,953	$230,536	0.0%
Expenses	$227,956	$187,051	+0.2%
Net Income	$-6,003	$43,485	-1.1%

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

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

$47,554

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Smith Chaney	Director	3.00	Director	$0	$0	$0
Simone Redd	Secretary/Treasurer	3.00	Officer Director	$0	$0	$0
Jim Adams	Director	3.00	Director	$0	$0	$0
Joey Pigg	Vice President	3.00	Officer Director	$0	$0	$0
Dr Paulette Simington	Director	3.00	Director	$0	$0	$0
Melody Justice	Executive Director	40.00	Key Emp	$47,554	$0	$47,554
Nancy Moore	President	3.00	Officer Director	$0	$0	$0
Jamie Turner	Director	3.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$221,953	$227,956	$482,885	$-6,003
2023	$233,443	$236,044	$485,715	$-2,601
2022	$240,284	$183,223	$506,486	$57,061
2022	$230,536	$187,051	$496,575	$43,485
2020	$203,497	$180,721	$512,171	$22,776
2019	$194,825	$241,489	$464,154	$-46,664

MARC Workshop Inc