MCT ENDOWMENT CORPORATION (EIN 830754325) - 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

2018

Legal Domicile

Principal Officer

ANN HANKINS

Phone

4326822544

Tax Period

2023-01-01 to 2023-12-31

MCT ENDOWMENT CORPORATION, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $531K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $294K, a strong 55% operating margin.

Mission

MIDLAND COMMUNITY THEATRE ENDOWMENT CORPORATION IS ORGANIZED TO OVERSEE, MANAGE, AND GROW THE ENDOWMENT RESOURCES FOR THE LONG-TERM STABILITY AND SOLE BENEFIT OF THE MIDLAND COMMUNITY THEATRE OF MIDLAND, TX.

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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 $118,100

Program Service Revenue $0

Investment Income $413,310

Other Revenue $0

TOTAL REVENUE $531,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $221,127

Other Expenses $237,423

TOTAL EXPENSES $237,423

Year-over-Year Comparison

	2023	2022	Change
Revenue	$531,410	$428,232	+0.2%
Expenses	$237,423	$163,263	+0.5%
Net Income	$293,987	$264,969	+0.1%

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

N/A

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
LEON JEFFCOAT	Treasurer	1.00	Officer Director	$0	$0	$0
CHRIS HALL	Trustee	1.00	Director	$0	$0	$0
KATHY GRELLA	Trustee	1.00	Director	$0	$0	$0
ANN HANKINS	President	1.00	Officer Director	$0	$0	$0
DR GARY MADDEN	Trustee	1.00	Director	$0	$0	$0
JAMES SMALL	Trustee	1.00	Director	$0	$0	$0
KAREN SPARKS	Trustee	1.00	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	$531,410	$237,423	$7,974,864	$293,987
2022	$428,232	$163,263	$6,725,284	$264,969
2021	$875,697	$184,437	$8,571,710	$691,260
2020	$493,319	$346,329	$7,540,889	$146,990
2019	$440,310	$100,054	$6,638,601	$340,256
2018	$690,203	$111,433	$5,397,992	$578,770

MCT ENDOWMENT CORPORATION