MYTHIC IMAGINATION COMPANY (EIN 542063415) - 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

2002

Legal Domicile

Principal Officer

ROBERT D FOAH

Phone

4046596565

Tax Period

2021-01-01 to 2021-12-31

MYTHIC IMAGINATION COMPANY, founded in 2002, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $12K in total revenue in fiscal year 2021. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $16K exceeded revenue, resulting in a 39% operating deficit.

Mission

EDUCATION OF PUBLIC ON THE VALUE OF MYTH AND STORY THROUGH CONFERENCES, SPECIAL EVENTS AND QUARTERLY MAGAZINE

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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 (2021)

Revenue Breakdown

Contributions & Grants $11,641

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,157

Other Expenses $16,157

TOTAL EXPENSES $16,157

Year-over-Year Comparison

	2021	2020	Change
Revenue	$11,641	$21,675	-0.5%
Expenses	$16,157	$18,491	-0.1%
Net Income	$-4,516	$3,184	-2.4%

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
DR ARI BERK	DIRECTOR	5.00	Director	$0	$0	$0
JACQUIE DAMGAARD	DIRECTOR	5.00	Director	$0	$0	$0
MAUREEN EKE	DIRECTOR	5.00	Director	$0	$0	$0
HONORA FOAH	CREATIVE DIR	40.00	Officer Director	$0	$0	$0
ROBERT D FOAH	CHAIRMAN	20.00	Officer Director	$0	$0	$0
MICHAEL KARLIN	DIRECTOR	5.00	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
2021	$11,641	$16,157	$48,981	$-4,516
2020	$21,675	$18,491	$53,497	$3,184

MYTHIC IMAGINATION COMPANY