MLCOMMONS ASSOCIATION (EIN 850546914) - 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

2020

Legal Domicile

Principal Officer

PETER MATTSON

Phone

4152954477

Tax Period

2024-01-01 to 2024-12-31

MLCOMMONS ASSOCIATION, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF MLCOMMONS IS TO: (1) ADVANCE THE SCIENTIFIC FIELD OF MACHINE LEARNING AND INCREASE THE POSITIVE IMPACT OF MACHINE LEARNING AND ARTIFICIAL INTELLIGENCE ON SOCIETY, (2) ENGAGE IN OR SPONSOR COLLABORATIVE RESEARCH AND DEVELOPMENT IN CONNECTION WITH THE MEASUREMENT AND VALIDATION OF MACHINE LEARNING, (3) PUBLISH THE RESULTS OF THE COLLABORATIVE RESEARCH AND DEVELOPMENT PROJECTS OF MLC AND PROVIDE OTHER RESOURCES TO THE SCIENTIFIC COMMUNITY AND THE PUBLIC AT LARGE WITH RESPECT TO MACHINE LEARNING, AND (4) TO ENGAGE IN FURTHER ACTIVITIES IN FURTHERANCE OF THE FOREGOING PURPOSES BY ALL OTHER LAWFUL MEANS.

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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 $0

Program Service Revenue $7,543,592

Investment Income $273,056

Other Revenue $0

TOTAL REVENUE $7,816,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,165,715

TOTAL EXPENSES $8,165,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,816,648	$4,137,117	+0.9%
Expenses	$8,165,715	$2,907,447	+1.8%
Net Income	$-349,067	$1,229,670	-1.3%

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
PETER MATTSON	PRESIDENT	3.50	Officer Director	$0	$0	$0
CAROLE-JEAN WU	VICE-PRESIDE	1.50	Officer Director	$0	$0	$0
VIJAY JANAPA REDDI	VICE-PRESIDE	1.50	Officer Director	$0	$0	$0
RITIKA BORKAR	SECRETARY	2.50	Officer Director	$0	$0	$0
SALLY DOHERTY	TREASURER	1.00	Officer Director	$0	$0	$0
PETER BALDWIN	DIRECTOR	1.00	Director	$0	$0	$0
PENG ZHOU	DIRECTOR	1.50	Director	$0	$0	$0
RAMESH CHUKKA	DIRECTOR	1.50	Director	$0	$0	$0
JAMES GOEL	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KANTER	HEAD OF ML P	32.00	Officer	$0	$0	$0
REBECCA WEISS	EXECUTIVE DI	40.00	Officer	$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	$7,816,648	$8,165,715	$6,500,673	$-349,067
2023	$4,137,117	$2,907,447	$6,658,334	$1,229,670
2022	$2,989,792	$1,690,415	$5,196,109	$1,299,377
2021	$2,324,375	$1,373,154	$4,034,709	$951,221
2020	$1,367,500	$598,393	$2,471,865	$769,107

MLCOMMONS ASSOCIATION