MIDTOWN NEIGHBORHOOD OPPORTUNITIES… - Form 990 Financial Data

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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

TIMOTHY RIPPLINGER

Phone

3145341180

Tax Period

2023-01-01 to 2023-12-31

MIDTOWN NEIGHBORHOOD OPPORTUNITIES CORP, founded in 2016, is a small nonprofit in the Youth Development sector that reported $573K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE A WHOLESOME, PEACEFUL CENTER WHERE INDIVIDUALS, FAMILIES AND ESPECIALLY CHILDREN CAN BE NURTURED, SUPPORTED AND BUILD COMMUNITY TOGETHER. MIDTOWN OFFERS PEOPLE ACCESS TO CONNECTIONS AND RESOURCES FOR REALIZING THEIR VALUE AND FULL POTENTIAL.

Program Service Accomplishments

Program 1

Expenses: $976

YOUTH DEVELOPMENT- THROUGHOUT THE YEAR, YOUTH DEVELOPMENT HELPS CHILDREN BUILD ON WHAT THEY'RE LEARNING IN SCHOOL TO BOOST THEIR GRADES, CONFIDENCE, AND OVERALL WELLNESS. THIS FALL, 25 ENROLLED IN...

YOUTH DEVELOPMENT- THROUGHOUT THE YEAR, YOUTH DEVELOPMENT HELPS CHILDREN BUILD ON WHAT THEY'RE LEARNING IN SCHOOL TO BOOST THEIR GRADES, CONFIDENCE, AND OVERALL WELLNESS. THIS FALL, 25 ENROLLED IN AFTERSCHOOL TO TAKE ADVANTAGE OF FREE TUTORING AND MENTORING, STEM CLASSES, AND KIDS IN THE KITCHEN ACTIVITIES. THEY EVEN PLANTED THEIR OWN GARDEN BEHIND MIDTOWN TO CREATE FARM-TO-TABLE SNACKS AND MEALS AND DISCOVER THE IMPORTANCE OF SUSTAINABLE LIVING.

Program 2

Expenses: $32,224 Revenue: $1,569

SUMMER ACADEMY DAY CAMP- DURING THE SUMMER,80 CAMPERS JOINED OUR SUMMER ACADEMY DAY CAMP TO PARTICIPATE IN GARDENING CLASSES, ARTS AND CRAFTS AND OUR SUMMER ACADEMY DAY CAMP. SUMMER CAMP WAS HELD IN...

Program 3

Expenses: $56,513

FAMILY PRIDE- THIS YEAR, 100% OF BABIES BORN TO FAMILY PRIDE PARENTS WERE BORN HEALTHY, AND ALL PARTICIPANTS WORKED TO BUILD STRONGER FOUNDATIONS FOR THEIR GROWING FAMILIES. IN ADDITION TO JOINING...

FAMILY PRIDE- THIS YEAR, 100% OF BABIES BORN TO FAMILY PRIDE PARENTS WERE BORN HEALTHY, AND ALL PARTICIPANTS WORKED TO BUILD STRONGER FOUNDATIONS FOR THEIR GROWING FAMILIES. IN ADDITION TO JOINING WORKSHOPS THAT COVERED EVERYTHING FROM FAMILY LITERACY TO SELF-CARE, OUR NEW AND AND EXPECTANT MOTHERS HAD ACCESS TO FREE INDIVIDUAL AND GROUP THERAPY AND DOULA SERVICES. WE ALSO HOSTED PLAYGROUNDS AND FIELD TRIPS TO BOOST OUR KIDDO'S SOCIAL, EMOTIONAL, AND MOTOR SKILLS SO THEY'RE SCHOOL READY COME KINDERGARTEN.

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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 $494,828

Program Service Revenue $0

Investment Income $12,549

Other Revenue $66,080

TOTAL REVENUE $573,457

Expense Breakdown

Grants Paid $0

Salaries & Benefits $386,126

Fundraising Expenses $22,950

Program Expenses $89,713

Other Expenses $222,049

TOTAL EXPENSES $608,175

Year-over-Year Comparison

	2023	2022	Change
Revenue	$573,457	$766,733	-0.3%
Expenses	$608,175	$571,906	+0.1%
Net Income	$-34,718	$194,827	-1.2%

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

$62,319

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA SCHAEFER	DIRECTOR	43.00	Director	$62,319	$0	$62,319
MATTHEW BORST	SECRETARY	1.00	Officer Director	$0	$0	$0
NEIL KEISEL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM PATTERSON	TREASURER	1.00	Officer Director	$0	$0	$0
TIMOTHY RIPPLINGER	BOARD PRESID	1.00	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	No data	No data	No data	No data
2023	$573,457	$608,175	$681,020	$-34,718
2022	$766,733	$571,906	$715,738	$194,827
2021	$517,020	$445,954	$520,911	$71,066
2020	$651,322	$381,340	$449,845	$269,982

MIDTOWN NEIGHBORHOOD OPPORTUNITIES CORP