Essential Families Midwest Inc

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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

2020

Legal Domicile

Principal Officer

Terri English-Yancy

Phone

8162485316

Tax Period

2024-01-01 to 2024-12-31

Essential Families Midwest Inc, founded in 2020, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 148% from the prior year, signaling strong growth momentum. The organization ran a surplus of $321K, a strong 32% operating margin.

Mission

Essential Economic Mobility Program, Essential Resources, Essential Telehealth for the summary

Program Service Accomplishments

Program 1

Expenses: $270,753

Essential Families Midwest Inc. confronted urgent challenges facing Kansas Citys underserved families through innovative services in 2024. By efficiently leveraging grants, our team delivered...

Essential Families Midwest Inc. confronted urgent challenges facing Kansas Citys underserved families through innovative services in 2024. By efficiently leveraging grants, our team delivered life-changing Essential Economic Mobility support in three core areas: Essential Resources: Over 600 families gained food, financial relief, digital skills, and access to stable housing and health care. Essential Telehealth: More than 800 individuals received trauma-informed counseling, and crisis intervention, regardless of insurance status or transportation barriers. Essential Families stands apart with its commitment to 24/7 real-time impact reporting, enabling funders and stakeholders to track measurable outcomes and transparent progress at any moment. This accountability ensures that every dollar invested translates into sustained community benefit. We urge Grantmakers and funders: Compare our 2024 results with other supported organizations, youll see Essential Families delivers measurable, impactful, and desperately needed services to children and families who otherwise would go unserved. Continued investment is essential to expand these vital safety nets, address persistent waitlists, and secure a more resilient future for Kansas City families in the year ahead.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,002,325

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,002,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,202

Fundraising Expenses $0

Program Expenses $270,753

Other Expenses $562,059

TOTAL EXPENSES $681,261

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,002,325	$403,529	+1.5%
Expenses	$681,261	$326,257	+1.1%
Net Income	$321,064	$77,272	+3.2%

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

$117,776

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terri English-Yancy	CEO	40.00	Director	$79,253	$0	$79,253
Kenneth Yancy	Chief Mktg Ofcr	40.00	Director	$38,523	$0	$38,523
Dr Susan Wilson	Director	0.00	Director	$0	$0	$0
Steve McClure	Director	0.00	Director	$0	$0	$0
Keith Brown	Director	0.00	Director	$0	$0	$0
Holly Wilmes	Secretary	0.00	Director	$0	$0	$0
Doris Grant	Secretary	0.00	Director	$0	$0	$0
Leo Prieto	Secretary	0.00	Director	$0	$0	$0
Nicolle Jones	Secretary	0.00	Director	$0	$0	$0
Lauri Ealom	Secretary	0.00	Director	$0	$0	$0
Alicia Smith	Secretary	0.00	Director	$0	$0	$0
Jaycee Greene	Secretary	0.00	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	$1,002,325	$681,261	$966,957	$321,064
2024	No data	No data	No data	No data
2023	$403,529	$326,257	$159,540	$77,272
2023	$403,529	$378,676	$43,693	$24,853
2022	$209,228	$190,560	$18,840	$18,668
2022	No data	No data	No data	No data