MIDTOWN YOUTHINC (EIN 742729723) - 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

1994

Legal Domicile

Principal Officer

GLEN GRANDY

Phone

8888555024

Tax Period

2022-01-01 to 2022-12-31

MIDTOWN YOUTHINC, founded in 1994, is a micro nonprofit in the Youth Development sector that reported $31K in total revenue in fiscal year 2022. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $41K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO PROVIDE YOUTH FROM 7YRS TO 17YRS WITH EDUCATIONAL AND PHYSICAL DEVELOPMENTAL OPPORTUNITIES

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $329

Other Revenue $30,501

TOTAL REVENUE $30,830

Expense Breakdown

Grants Paid $40,398

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,398

Other Expenses $924

TOTAL EXPENSES $41,322

Year-over-Year Comparison

	2022	2021	Change
Revenue	$30,830	$154,739	-0.8%
Expenses	$41,322	$159,880	-0.7%
Net Income	$-10,492	$-5,141	+1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLEN GRANDY	PRESIDENT CHAIRPERSON	5.00	Officer Director	$0	$0	$0
DAVID MCCLURE	SECRETARY	5.00	Officer Director	$0	$0	$0
MI JARRETT	DIRECTOR	1.00	Director	$0	$0	$0
MILTON MIZE	DIRECTOR	1.00	Director	$0	$0	$0
KEITH FOGLE	TREASURER	5.00	Officer Director	$0	$0	$0
SONY SIMMS	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$30,830	$41,322	$26,132	$-10,492
2021	$154,739	$159,880	$29,171	$-5,141
2020	$103,903	$90,302	$41,765	$13,601
2020	$96,450	$90,302	$34,312	$6,148
2019	$161,513	$158,714	$28,164	$2,799
2018	$169,922	$178,650	$25,365	$-8,728

MIDTOWN YOUTHINC