MRVA INC (EIN 862319116) - 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

2021

Legal Domicile

Principal Officer

GARY PASSON

Phone

8088740252

Tax Period

2023-01-01 to 2023-12-31

MRVA INC, founded in 2021, is a small nonprofit in the Education sector that reported $270K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $596K exceeded revenue, resulting in a 120% operating deficit.

Mission

TO PROVIDE AND SUPPORT LEARNING OPPORTUNITIES FOR COLLEGE AND HIGH SCHOOL STUDENTS TO FURTHER THEIR SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH KNOWLEDGE AND INTERESTS VIA HANDS-ON EXPERIENCE.

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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 $270,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $270,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $592,077

Other Expenses $596,389

TOTAL EXPENSES $596,389

Year-over-Year Comparison

	2023	2022	Change
Revenue	$270,500	$175,450	+0.5%
Expenses	$596,389	$455,733	+0.3%
Net Income	$-325,889	$-280,283	+0.2%

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

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

$33,842

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WADE KOGLIN	VICE PRESIDE	5.00	Officer	$33,842	$0	$33,842
KEITH POWERS	DIRECTOR	5.00	Director	$0	$0	$0
GARY PASSON	PRESIDENT/TR	30.00	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	No data	No data	No data	No data
2023	$270,500	$596,389	$244,596	$-325,889
2022	$175,450	$455,733	$338,458	$-280,283
2021	$200,000	$356,722	$618,789	$-156,722

MRVA INC