MIDSTREAM AMERICA SCHOLARSHIP FUND (EIN 841780760) - 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

MICHAEL JOHNSTON

Phone

2104883061

Tax Period

2023-07-01 to 2024-06-30

MIDSTREAM AMERICA SCHOLARSHIP FUND, founded in 2019, is a micro nonprofit in the Education sector that reported $46K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $82K exceeded revenue, resulting in a 79% operating deficit.

Mission

Midstream America Scholarship Fund was created for the purpose of giving the association and all of its sponsors and members the best benefit for their donations and support throughout 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $45,770

TOTAL REVENUE $45,770

Expense Breakdown

Grants Paid $45,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,064

Other Expenses $36,617

TOTAL EXPENSES $82,117

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,770	$48,774	-0.1%
Expenses	$82,117	$60,527	+0.4%
Net Income	$-36,347	$-11,753	+2.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL JOHNSTON	President	2.00	Officer Director	$0	$0	$0
JESSICA MORALES	Secretary	2.00	Officer Director	$0	$0	$0
BRANDON BURCH	Director	2.00	Director	$0	$0	$0
KARIANN ALEXANDER	Director	2.00	Director	$0	$0	$0
CHRISTY RAMIREZ	Treasurer	2.00	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	$45,770	$82,117	$13,695	$-36,347
2023	$42,368	$54,121	$50,042	$-11,753
2023	$48,774	$60,527	$50,042	$-11,753
2022	$81,590	$128,589	$62,395	$-46,999

MIDSTREAM AMERICA SCHOLARSHIP FUND