Midland Visions 2000 (EIN 752531526) - 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

Cary Love

Phone

7132522068

Tax Period

2024-01-01 to 2024-12-31

Midland Visions 2000, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $770K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 75% operating deficit.

Mission

Provide decent and affordable housing for lower income residents, includingminorities,women, elderly and he handicapped, in the neighborhoods withinMidland County, Texas

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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 $0

Program Service Revenue $757,502

Investment Income $12,321

Other Revenue $0

TOTAL REVENUE $769,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,225

Fundraising Expenses $0

Program Expenses $1,166,937

Other Expenses $1,133,689

TOTAL EXPENSES $1,349,914

Year-over-Year Comparison

	2024	2023	Change
Revenue	$769,823	$921,335	-0.2%
Expenses	$1,349,914	$1,283,505	+0.1%
Net Income	$-580,091	$-362,170	+0.6%

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

$182,977

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cary Love	President	5.00	Director	$0	$0	$0
Edward Mayberry	Vice-President	1.00	Director	$0	$0	$0
Sharon Davis	Director	1.00	Director	$0	$0	$0
Linda Brit	Member	1.00	Director	$0	$0	$0
Arlene Love	Executive Director	60.00	Director	$182,977	$0	$182,977

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	$769,823	$1,349,914	$5,574,867	$-580,091
2023	$921,335	$1,283,505	$6,706,084	$-362,170
2022	$792,115	$1,200,123	$6,939,368	$-408,008
2021	$931,451	$1,033,394	$7,431,431	$-101,943
2020	$651,813	$1,166,729	$7,233,481	$-514,916
2020	$651,813	$1,166,729	$7,233,481	$-514,916
2019	$545,096	$1,239,955	$7,467,414	$-694,859
2018	$465,500	$837,497	$6,965,614	$-371,997

Midland Visions 2000