MONTGOMERY TECHLAB 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

MARCUS SHAW

Tax Period

2023-01-01 to 2023-12-31

MONTGOMERY TECHLAB INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $252K in total revenue in fiscal year 2023. Revenue fell 83% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $41K, a strong 16% operating margin.

Mission

TO ADVANCE INNOVATION AND ENTREPRENEURSHIP IN THE MONTGOMERY REGION THROUGH EDUCATION, ACCELERATION, AND INCUBATION.

Program Service Accomplishments

Program 1

Expenses: $186,584

THROUGH EDUCATION PROGRAMS WE HAVE SUPPORTED OVER 1500 STUDENTS AND YOUNG PROFESSIONALS IN THE REGION, THROUGH HACK-A-THONS, STEM WORKSHOPS, AND ENTREPRENEURSHIP TRAINING. SINCE INCEPTION MONTGOMERY TECHLAB HAS ACCELERATED OVER 25 COMPANIES. OUR PROGRAMS HAVE PROVIDED PARTICIPANTS WITH COACHING, INDUSTRY MENTORS FROM REGIONAL ORGANIZATIONS, AND SUPPORT IN POSITIONING THEIR TECHNOLOGY AND SERVICE SOLUTIONS AGAINST REAL-LIFE APPLICATIONS. COMPANIES PARTICIPATING IN OUR ACCELERATOR PROGRAMS ARE PROVIDED INCUBATION SUPPORT IN THE LAB ON DEXTER, A STATE-OF-THE-ART COWORKING FACILITY IN DOWNTOWN MONTGOMERY.

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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 $252,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $252,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,330

Program Expenses $186,584

Other Expenses $211,517

TOTAL EXPENSES $211,517

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,500	$1,487,500	-0.8%
Expenses	$211,517	$827,884	-0.7%
Net Income	$40,983	$659,616	-0.9%

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
KEVIN MONDS	DIRECTOR	N/A	Director	$0	$0	$0
MARCUS SHAW	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
JABALI WILLIAMS	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$252,500	$211,517	$722,727	$40,983
2022	$1,487,500	$827,884	$743,057	$659,616