MEYGA Learning Center Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

MEYGA Learning Center Inc, founded in 2016, is a small nonprofit in the Youth Development sector that reported $364K in total revenue in fiscal year 2023. Expenses of $402K exceeded revenue, resulting in a 10% operating deficit.

Mission

MEYGA promotes the mental, physical and social well-being of senior, youth and families by inspiring and empowering them with self-sufficient activities that are custmized to meet the goals and objectives which lead them to the role of independence.

Program Service Accomplishments

Program 1

Expenses: $395,824 Revenue: $364,127

There were families that were in need of shelter, free childcare, school placement and we were successful in helping them with all of their needs.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $364,127

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $364,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $321,464

Fundraising Expenses $0

Program Expenses $395,824

Other Expenses $80,629

TOTAL EXPENSES $402,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$364,127	$364,127	N/A
Expenses	$402,093	$364,127	+0.1%
Net Income	$-37,966	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Joan Bellamy	Secretary	Officer Director	$0	$0	$0
Doug Mayor	Treasurer	Officer Director	$0	$0	$0
Marvin Jackson	President	Officer Director	$0	$0	$0
Samantha Quarterman	CEO	Key Emp Highest	$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
2023	$364,127	$402,093	$484,474	$-37,966
2022	$787,528	$720,638	$522,440	$66,890