MILFORD ENHANCEMENT COMMITTEE (EIN 862445482) - 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

YANINA MONTAU-THATCHER

Phone

5708324789

Tax Period

2023-01-01 to 2023-12-31

MILFORD ENHANCEMENT COMMITTEE, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $100K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $118K exceeded revenue, resulting in a 18% operating deficit.

Mission

MEC'S MISSION IS TO PRESERVE AND ENHANCE MILFORD BOROUGH'S HERITAGE AND SPECIAL CHARACTER BY INVESTING IN STREETSCAPES AND PUBLIC SPACES, IMPROVING THE CONNECTION BETWEEN MILFORD AND ITS NATURAL ENVIRONMENT.

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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 $51,472

Program Service Revenue $0

Investment Income $2,353

Other Revenue $46,457

TOTAL REVENUE $100,282

Expense Breakdown

Grants Paid $32,000

Salaries & Benefits $0

Fundraising Expenses $1,550

Program Expenses $110,226

Other Expenses $86,081

TOTAL EXPENSES $118,081

Year-over-Year Comparison

	2023	2022	Change
Revenue	$100,282	$108,771	-0.1%
Expenses	$118,081	$78,280	+0.5%
Net Income	$-17,799	$30,491	-1.6%

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
MAUREEN DOOLEY	TREASURER	7.00	Officer Director	$0	$0	$0
YANINA MONTAU-THATCHER	SECRETARY	5.00	Officer Director	$0	$0	$0
EILEEN SMITH	PRESIDENT	5.00	Officer Director	$0	$0	$0
BARBARA TARQUINIO	DIRECTOR	3.00	Director	$0	$0	$0
ADRIANE WENDELL	DIRECTOR	3.00	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
2023	$100,282	$118,081	$200,831	$-17,799
2022	$108,771	$78,280	$218,630	$30,491
2021	$201,065	$12,926	$188,139	$188,139

MILFORD ENHANCEMENT COMMITTEE