MILLARD COLLEGE FOUNDATION INC (EIN 852558978) - 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

SCOTT ROBINSON

Phone

6062594155

Tax Period

2023-01-01 to 2023-12-31

MILLARD COLLEGE FOUNDATION INC, founded in 2020, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $485K, a strong 25% operating margin.

Mission

THE PURPOSE OF THE MILLARD COLLEGE IS TO PROVIDE QUALITY EDUCATION IN AN ATMOSPHERE OF LOVE, THAT IS SAFE AND BUILT FOR LEARNING. THE COLLEGE IS COMMITTED TO ENABLING STUDENTS TO REACH THEIR ACADEMIC, VOCATIONAL, AND PERSONAL GOALS.

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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 $797,062

Program Service Revenue $1,136,954

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,934,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $969,636

Fundraising Expenses $0

Program Expenses $1,152,074

Other Expenses $479,833

TOTAL EXPENSES $1,449,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,934,016	$1,303,633	+0.5%
Expenses	$1,449,469	$1,321,700	+0.1%
Net Income	$484,547	$-18,067	-27.8%

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

N/A

Employees

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

$1,055,681

Key Employees

$193,113

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT BROWN	BOARD MEMBER	0.50	Director	$0	$0	$365,295
LAWRENCE VINSON	BOARD MEMBER	0.50	Director	$0	$0	$273,487
RANDY STINSON	PRESIDENT OF	40.00	Key Emp	$193,113	$0	$193,113
SCOTT ROBINSON	CHAIRMAN OF	0.50	Director	$0	$0	$159,145
DEANNA MUNCY	BOARD MEMBER	0.50	Director	$0	$0	$126,425
JOHNATHAN GAY	BOARD MEMBER	0.50	Director	$0	$0	$77,723
STEVE RAMEY	BOARD MEMBER	0.50	Director	$0	$0	$53,606

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
2023	$1,934,016	$1,449,469	$863,133	$484,547
2022	$1,303,633	$1,321,700	$485,821	$-18,067
2021	$1,052,177	$803,778	$375,671	$248,399
2020	$3,523	$3,070	$3,478	$453

MILLARD COLLEGE FOUNDATION INC