MIDLAND GEM & MINERAL SOCIETY INC (EIN 751173136) - 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

1998

Legal Domicile

Principal Officer

LINDA JOHNSON

Phone

4323621912

Tax Period

2023-01-01 to 2023-12-31

MIDLAND GEM & MINERAL SOCIETY INC, founded in 1998, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $44K in total revenue in fiscal year 2023. Revenue surged 242% from the prior year, signaling strong growth momentum. Expenses of $41K left a modest 8% surplus.

Mission

EDUCATION IN THE AREAS OF GEMOLOGY,FACITING,& GEOLOGY

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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 $5,315

Program Service Revenue $17,489

Investment Income $11,336

Other Revenue $10,149

TOTAL REVENUE $44,289

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,862

Other Expenses $39,701

TOTAL EXPENSES $40,701

Year-over-Year Comparison

	2023	2022	Change
Revenue	$44,289	$12,962	+2.4%
Expenses	$40,701	$38,530	+0.1%
Net Income	$3,588	$-25,568	-1.1%

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

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
LINDA JOHNSON	PRESIDENT	2.00	Officer	$0	$0	$0
JACKIE DARBY	VICE PRESIDENT	1.00	Officer	$0	$0	$0
LINDA JOHNSON	TREASURER	2.00	Officer	$0	$0	$0
TALLIE CRAIGO	DIRECTOR	1.00	Director	$0	$0	$0
LINDA JOHNSON	AGENT	1.00	Director	$0	$0	$0
CINDY BRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
JEREMIAH WHITE	DIRECTOR	1.00	Director	$0	$0	$0
JOE BRASS	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN BRITE	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	$44,289	$40,701	$561,275	$3,588
2022	$12,962	$38,530	$558,802	$-25,568
2021	$51,026	$36,029	$584,370	$14,997
2020	$16,601	$39,145	$569,400	$-22,544
2019	$51,638	$33,547	$591,944	$18,091
2018	$26,900	$37,038	$573,853	$-10,138

MIDLAND GEM & MINERAL SOCIETY INC