Gary Middle College Inc (EIN 811151532) - 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

2016

Legal Domicile

Phone

3175361027

Tax Period

2023-07-01 to 2024-06-30

Gary Middle College Inc, founded in 2016, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

To EMPOWER students to ACCELERATE their academic pathways to ADVANCE their social mobility and ACHIEVE their career and life-long goals.

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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 $1,793,952

Program Service Revenue $103,661

Investment Income $-1,922

Other Revenue $0

TOTAL REVENUE $1,895,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $883,673

Fundraising Expenses $0

Program Expenses $1,680,878

Other Expenses $1,041,816

TOTAL EXPENSES $1,925,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,895,691	$2,161,847	-0.1%
Expenses	$1,925,489	$2,078,060	-0.1%
Net Income	$-29,798	$83,787	-1.4%

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
Arlene Colvin	Board Chair	2.0	Officer Director	$0	$0	$0
Nadine McDowell	Secretary/Treasurer	2.0	Officer Director	$0	$0	$0
Dana Gore	Board Member	2.0	Director	$0	$0	$0
Matt Wells	Board Member	2.0	Director	$0	$0	$0
R Louis Gonzalez	Board Member	2.0	Director	$0	$0	$0
Dana L Teasley	School Treasurer	2.0	Officer	$0	$0	$0
Kevin Teasley	Superintendent	2.0	Officer	$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	$1,895,691	$1,925,489	$1,439,884	$-29,798
2023	$2,161,847	$2,078,060	$1,555,798	$83,787
2022	$2,092,370	$2,702,359	$1,606,028	$-609,989
2021	$1,052,418	$1,187,976	$439,379	$-135,558
2020	$1,034,368	$954,398	$582,722	$79,970
2019	$1,285,026	$792,005	$517,776	$493,021

Gary Middle College Inc