MIDWAY NEIGHBORHOOD COOPERATIVE INC (EIN 832894699) - 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

2019

Legal Domicile

Principal Officer

NICHOLAS WISNIEWSKI

Phone

4434658856

Tax Period

2021-01-01 to 2021-12-31

MIDWAY NEIGHBORHOOD COOPERATIVE INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $344K in total revenue in fiscal year 2021. The organization ran a surplus of $171K, a strong 50% operating margin.

Mission

THE MIDWAY NEIGHBORHOOD COOPERATIVE IS A COOPERATIVELY RUN CONSTRUCTION AND NEIGHBORHOOD DEVELOPMENT COMPANY. MADE UP OF MIDWAY RESIDENTS AND BUSINESS OWNERS, MNC IS DEDICATED TO PRINCIPLES OF AFFORDABILITY, SUSTAINABILITY, SOLIDARITY AND PARTICIPATORY PLANNING ROOTED IN A DEMOCRATIC WORKPLACE. WE WORK TO BUILD NEIGHBORDHOOD RESOURCES FOR AND BY RESIDENTS OF THE MIDWAY NEIGHBORHOOD WHERE WE WORK AND LIVE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $520

Program Service Revenue $343,392

Investment Income $98

Other Revenue $0

TOTAL REVENUE $344,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,593

Fundraising Expenses $0

Program Expenses $163,852

Other Expenses $171,860

TOTAL EXPENSES $173,453

Year-over-Year Comparison

	2021	2020	Change
Revenue	$344,010	N/A	N/A
Expenses	$173,453	N/A	N/A
Net Income	$170,557	N/A	N/A

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

$1,593

Total Directors

$1,593

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS WISNIEWSKI	President	4.00	Officer Director	$1,593	$0	$1,593
SCOTT BERZOFSKY	Vice President	0.50	Officer Director	$0	$0	$0
MOLLY PORTER	Secretary	0.50	Officer Director	$0	$0	$0
MERRELL HAMBLETON	Treasurer	1.00	Officer Director	$0	$0	$0
KYLE SMITH	Director	0.50	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
2021	$344,010	$173,453	$222,279	$170,557

MIDWAY NEIGHBORHOOD COOPERATIVE INC