MIDTOWN DALLAS INC FORMERLY VICKERY MEADOW MANAGEMENT CORP (EIN 752491424) - 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

1993

Legal Domicile

Principal Officer

TED PALLAS

Phone

2144583919

Tax Period

2024-01-01 to 2024-12-31

MIDTOWN DALLAS INC FORMERLY VICKERY MEADOW MANAGEMENT CORP, founded in 1993, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 8% surplus.

Mission

THE MIDTOWN IMPROVEMENT DISTRICT'S (MID) MISSION IS TO PROVIDE A SAFE, APPEALING NEIGHBORHOOD FOR FAMILIES, BUSINESSES, AND PROPERTY OWNERS; THEREBY IMPROVING THE QUALITY OF LIFE FOR EVERYONE IN VICKERY MEADOW.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,445,004

Program Service Revenue $0

Investment Income $75,335

Other Revenue $0

TOTAL REVENUE $1,520,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $210,941

Fundraising Expenses $0

Program Expenses $1,205,070

Other Expenses $1,191,430

TOTAL EXPENSES $1,402,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,520,339	$1,388,895	+0.1%
Expenses	$1,402,371	$1,276,648	+0.1%
Net Income	$117,968	$112,247	+0.1%

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

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
TED PALLES	PRESIDENT	1.00	Officer Director	$0	$0	$0
DON BOUVIER	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLIE NYE	SECRETARY	1.00	Officer Director	$0	$0	$0
RYAN MOORE	TREASURER	1.00	Officer Director	$0	$0	$0
ROGER ALBRIGHT	MEMBER AT LARGE	1.00	Director	$0	$0	$0
SABRINA BUNKS	MEMBER AT LARGE	1.00	Director	$0	$0	$0
DUSTIN DAVIDSON	MEMBER AT LARGE	1.00	Director	$0	$0	$0
MASON ICE	MEMBER AT LARGE	1.00	Director	$0	$0	$0
LYNN MCBEE	MEMBER AT LARGE	1.00	Director	$0	$0	$0
CARA TALAFUSE	MEMBER AT LARGE	1.00	Director	$0	$0	$0
W SANDY SPURGIN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
KEN WRIGHT	MEMBER AT LARGE	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
2025	No data	No data	No data	No data
2024	$1,520,339	$1,402,371	$3,395,172	$117,968
2023	$1,388,895	$1,276,648	$3,102,863	$112,247
2022	$1,232,770	$1,056,239	$2,846,375	$176,531
2021	$1,067,040	$748,274	$2,432,553	$318,766
2020	$946,352	$725,249	$1,928,834	$221,103
2019	$835,129	$616,953	$1,718,867	$218,176
2018	$651,595	$575,595	$550,685	$76,000

MIDTOWN DALLAS INC FORMERLY VICKERY MEADOW MANAGEMENT CORP