MICROLIFE INSTITUTE INC (EIN 811233435) - 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

Principal Officer

WILLIAM JOHNSTON

Phone

4045309724

Tax Period

2023-01-01 to 2023-12-31

MICROLIFE INSTITUTE INC, founded in 2016, is a small nonprofit that reported $681K in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum. The organization ran a surplus of $380K, a strong 56% operating margin.

Mission

TO BUILD AND PROMOTE INCLUSIVE HOUSING FOR STRONG, DIVERSE COMMUNITIES.

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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 $516,313

Program Service Revenue $165,078

Investment Income $0

Other Revenue $0

TOTAL REVENUE $681,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $154,350

Fundraising Expenses $25,064

Program Expenses $244,577

Other Expenses $147,278

TOTAL EXPENSES $301,628

Year-over-Year Comparison

	2023	2022	Change
Revenue	$681,391	$295,712	+1.3%
Expenses	$301,628	$295,519	+0.0%
Net Income	$379,763	$193	+1966.7%

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

$91,000

Total Directors

$91,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM JOHNSTON	EXECUTIVE DIRECTOR	40.00	Officer Director	$91,000	$0	$91,000
MICHELE BATTLE	BOARD MEMBER	16.00	Director	$0	$0	$0
DIRK BROWN	PRESIDENT	16.00	Officer Director	$0	$0	$0
RYAN BURRELL	BOARD MEMBER	16.00	Director	$0	$0	$0
JENNIFER FINE	BOARD MEMBER	16.00	Director	$0	$0	$0
NICOLIA ROBINSON	BOARD MEMBER	16.00	Director	$0	$0	$0
KAY SIBETTA	BOARD MEMBER	16.00	Director	$0	$0	$0
TISH SPEARMAN	TREASURER	16.00	Officer Director	$0	$0	$0
KIM BUCCIERO	BOARD MEMBER	16.00	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	$681,391	$301,628	$464,739	$379,763
2022	$295,712	$295,519	$103,733	$193

MICROLIFE INSTITUTE INC