Municipal Shared Services Corporat… - 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

2018

Legal Domicile

Principal Officer

Richard Averett

Phone

8313081508

Tax Period

2018-07-01 to 2019-06-30

Municipal Shared Services Corporation, founded in 2018, is a small nonprofit in the Education sector that reported $496K in total revenue in fiscal year 2018. The organization ran a surplus of $264K, a strong 53% operating margin.

Mission

The mission of this corporation is to support local government agencies providing services.

Program Service Accomplishments

Program 1

Expenses: $104,278 Revenue: $496,439

Contracts with two public agencies to attempt to resolve outstanding pension system service credits. Through negotiations, many individuals' pensionable service credits were reallocated and on...

Contracts with two public agencies to attempt to resolve outstanding pension system service credits. Through negotiations, many individuals' pensionable service credits were reallocated and on settlement was entered during the year.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $496,439

Investment Income $0

Other Revenue $0

TOTAL REVENUE $496,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,278

Other Expenses $232,229

TOTAL EXPENSES $232,229

Year-over-Year Comparison

	2018	2017	Change
Revenue	$496,439	N/A	N/A
Expenses	$232,229	N/A	N/A
Net Income	$264,210	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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Averett	President	1.00	Officer Director	$0	$0	$0
Sophia Selivanoff	Vice President	1.00	Officer Director	$0	$0	$0
Ed Raya	Director	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
2019	$496,439	$232,229	$358,195	$264,210

Municipal Shared Services Corporation