Mid-America Student Housing Inc (EIN 621673035) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

Terry Wildmon

Phone

9017518453

Tax Period

2024-01-01 to 2024-12-31

Mid-America Student Housing Inc, founded in 1998, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 3% surplus.

Mission

Provide housing for seminary students

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,352,110

Investment Income $170,634

Other Revenue $0

TOTAL REVENUE $1,522,744

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,472,462

Other Expenses $1,472,462

TOTAL EXPENSES $1,472,462

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,522,744	$1,310,988	+0.2%
Expenses	$1,472,462	$1,319,536	+0.1%
Net Income	$50,282	$-8,548	-6.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$269,528

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jimmie Williams	Chairman	1.00	Officer Director	$0	$0	$0
Bill McGaughey	Vice-Chairman	1.00	Officer Director	$0	$0	$0
Roland Maddox	Trustee	1.00	Director	$0	$0	$0
Judge Richard Proctor	Trustee	1.00	Director	$0	$0	$0
Ray Skinner	Trustee	1.00	Director	$0	$0	$0
Terry Brimhall	Trustee	1.00	Director	$0	$0	$0
Keith Noble	Trustee	1.00	Director	$0	$0	$0
Dr Michael Spradlin	President	1.00	Officer	$0	$0	$150,971
Dr Randy Redd	Secretary	1.00	Officer	$0	$0	$118,557

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	$1,522,744	$1,472,462	$10,299,710	$50,282
2023	$1,310,988	$1,319,536	$13,739,897	$-8,548
2022	$1,164,700	$1,188,345	$12,326,598	$-23,645
2021	$1,103,864	$1,023,938	$11,551,197	$79,926
2020	$920,540	$976,616	$10,934,291	$-56,076
2019	$972,276	$1,029,460	$10,346,242	$-57,184
2018	$970,633	$1,035,348	$10,800,431	$-64,715

Mid-America Student Housing Inc