MIDLAND YOUNG LIFE BUILDING FOUNDATION (EIN 752828138) - 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

1999

Legal Domicile

Principal Officer

KEVIN PETTY

Phone

4326853666

Tax Period

2024-01-01 to 2024-12-31

MIDLAND YOUNG LIFE BUILDING FOUNDATION, founded in 1999, is a small nonprofit in the Youth Development sector that reported $142K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $193K exceeded revenue, resulting in a 36% operating deficit.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OWN AND OPERATE A YOUTH CENTER IN MIDLAND, TEXAS USED TO INTRODUCE ADOLESCENTS TO JESUS CHRIST AND HELP THEM GROW IN THEIR FAITH.

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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 $87,771

Program Service Revenue $0

Investment Income $11,085

Other Revenue $42,911

TOTAL REVENUE $141,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,020

Fundraising Expenses $0

Program Expenses $186,043

Other Expenses $185,105

TOTAL EXPENSES $193,125

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,767	$378,079	-0.6%
Expenses	$193,125	$211,409	-0.1%
Net Income	$-51,358	$166,670	-1.3%

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

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
STIRLING WARREN	TRUSTEE	0.50	Officer Director	$0	$0	$0
KEVIN PETTY	TRUSTEE	0.50	Officer Director	$0	$0	$0
ANNE HANKINS	TRUSTEE	0.50	Officer 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	$141,767	$193,125	$3,739,751	$-51,358
2023	$378,079	$211,409	$3,791,109	$166,670
2022	$344,374	$210,431	$3,624,438	$133,943
2021	$66,544	$197,468	$3,504,698	$-130,924
2020	$31,856	$145,477	$3,635,622	$-113,621
2019	$25,356	$277,404	$3,749,243	$-252,048
2018	$10,759	$254,565	$4,001,291	$-243,806

MIDLAND YOUNG LIFE BUILDING FOUNDATION