MIDWAY ATHLETIC CLUB INC (EIN 581824415) - 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

1982

Legal Domicile

Principal Officer

JOSEPH CUMBESS

Phone

4042296347

Tax Period

2021-01-01 to 2021-12-31

MIDWAY ATHLETIC CLUB INC, founded in 1982, is a small nonprofit that reported $201K in total revenue in fiscal year 2021. Revenue surged 55% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE THE INSTRUCTION, ORGANIZATION, AND FACILITATION OF YOUTH INVOLVEMENT IN ATHLETICS THROUGH A VARIETY OF SPORTS ACTIVITY PROGRAMS.

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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 $200,865

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $189,251

Other Expenses $201,909

TOTAL EXPENSES $201,909

Year-over-Year Comparison

	2021	2020	Change
Revenue	$200,865	$129,683	+0.5%
Expenses	$201,909	$134,757	+0.5%
Net Income	$-1,044	$-5,074	-0.8%

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
ADAM WILLIAMS	VICE PRESIDENT	5.00	Officer	$0	$0	$0
BRENT SPEIGNER	TREASURER	5.00	Officer	$0	$0	$0
JOSEPH CUMBESS	PRESIDENT	5.00	Officer	$0	$0	$0
BILL GORDON	SECRETARY	5.00	Officer	$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	$200,865	$201,909	$93,912	$-1,044
2020	$129,683	$134,757	$94,956	$-5,074
2019	$151,633	$166,593	$100,030	$-14,960
2018	$132,914	$151,306	$114,990	$-18,392

MIDWAY ATHLETIC CLUB INC