THE ARC MID-SOUTH (EIN 620673808) - 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

1950

Legal Domicile

Principal Officer

CARLENE I LEAPER

Phone

9013272473

Tax Period

2023-07-01 to 2024-06-30

THE ARC MID-SOUTH, founded in 1950, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.7M left a modest 5% surplus.

Mission

THE ARC OF THE MID-SOUTH IS DEDICATED TO EMPOWERING PEOPLE WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE THEIR FULL POTENTIAL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $106,989

Program Service Revenue $2,742,328

Investment Income $3,623

Other Revenue $6,492

TOTAL REVENUE $2,859,432

Expense Breakdown

Grants Paid $575

Salaries & Benefits $2,381,821

Fundraising Expenses $51,216

Program Expenses $2,325,157

Other Expenses $321,780

TOTAL EXPENSES $2,704,176

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,859,432	$2,588,830	+0.1%
Expenses	$2,704,176	$2,535,858	+0.1%
Net Income	$155,256	$52,972	+1.9%

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

$117,149

Total Directors

$6,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CONNIE BOOKER	PRESIDENT	5.00	Officer Director	$0	$0	$0
COREY T YOUNG	TREASURER	5.00	Officer Director	$0	$0	$0
ANDREA GOODMAN	SECRETARY	5.00	Officer Director	$6,500	$0	$6,500
DIANE AUSTIN	DIRECTOR	5.00	Director	$0	$0	$0
SHIRLEY P COBBINS	DIRECTOR	5.00	Director	$0	$0	$0
JUDGE KATHLEEN GOMES	DIRECTOR	5.00	Director	$0	$0	$0
TERRENCE GREEN	DIRECTOR	5.00	Director	$0	$0	$0
FLORENCE M HOWARD	DIRECTOR	5.00	Director	$0	$0	$0
CLAUDIA ESPINOZA DE POSADA	DIRECTOR	5.00	Director	$0	$0	$0
DR SHARON WEBB	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
SHONTIE BROWN	DIRECTOR	5.00	Director	$0	$0	$0
MERLE SMITH	DIRECTOR	5.00	Director	$0	$0	$0
SONJA HARRIS	DIRECTOR	5.00	Director	$0	$0	$0
CARLENE LEAPER	EXECUTIVE DIRECTOR	40.00	Officer	$110,649	$0	$110,649

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
2024	$2,859,432	$2,704,176	$1,388,823	$155,256
2023	$2,588,830	$2,535,858	$1,317,882	$52,972
2022	$3,218,343	$2,625,382	$1,092,048	$592,961
2021	$2,335,738	$2,302,692	$1,023,893	$33,046
2020	$2,586,571	$2,464,402	$878,475	$122,169
2019	$2,745,753	$2,529,227	$520,345	$216,526

THE ARC MID-SOUTH