MIDWEST-SOUTHEASTERN EQUIPMENT DEALERS ASSOCIATION INC (EIN 560478530) - 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

1954

Legal Domicile

Principal Officer

GARY MANKE

Phone

6082404700

Tax Period

2021-09-01 to 2022-08-31

MIDWEST-SOUTHEASTERN EQUIPMENT DEALERS ASSOCIATION INC, founded in 1954, is a small nonprofit that reported $725K in total revenue in fiscal year 2021. Expenses of $4.4M exceeded revenue, resulting in a 505% operating deficit.

Mission

THE MIDWEST-SOUTHEASTERN EQUIPMENT DEALERS ASSOCIATION IS COMMITTED TO BUILDING THE BEST BUSINESS ENVIRONMENT FOR EQUIPMENT DEALERS.

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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 $0

Program Service Revenue $432,532

Investment Income $79,778

Other Revenue $212,530

TOTAL REVENUE $724,840

Expense Breakdown

Grants Paid $3,709,312

Salaries & Benefits $240,871

Fundraising Expenses $0

Other Expenses $436,264

TOTAL EXPENSES $4,386,447

Year-over-Year Comparison

	2021	2020	Change
Revenue	$724,840	$675,399	+0.1%
Expenses	$4,386,447	$545,246	+7.0%
Net Income	$-3,661,607	$130,153	-29.1%

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

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

$205,773

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM MCCARTNEY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BUBBA COOPER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOHN MAUS	IMMEDIATE PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
MIKE CARLY	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN SOMMER	DIRECTOR	1.00	Director	$0	$0	$0
JARED NOBBE	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS TURNAGE	DIRECTOR	1.00	Director	$0	$0	$0
GARY MANKE	PRESIDENT-CHIEF EXECUTIVE	20.00	Officer	$185,366	$20,407	$205,773

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
2022	$724,840	$4,386,447	No data	$-3,661,607
2021	$675,399	$545,246	$4,186,343	$130,153
2020	$745,938	$632,990	$3,775,785	$112,948
2019	$782,897	$647,585	$3,549,831	$135,312
2018	$1,367,365	$691,077	$3,438,586	$676,288

MIDWEST-SOUTHEASTERN EQUIPMENT DEALERS ASSOCIATION INC