MID AMERICA APPLIED TECHNOLOGIES CORPORATION

EIN: 871898517 501(c)(3) Science & Technology

CHESTERLAND, OH

Total Revenue
$342,813
Total Expenses
$353,407
Total Assets
$32,261
Net Assets
$20,026
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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
OH
Principal Officer
WILLIAM
Tax Period
2023-01-01 to 2023-12-31

MID AMERICA APPLIED TECHNOLOGIES CORPORATION, founded in 2021, is a small nonprofit in the Science & Technology sector that reported $343K in total revenue in fiscal year 2023.

Mission

CARRYING OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF APPLIED RESEARCH AND DEVELOPMENT, ADVANCEMENT OF PRACTICAL SCIENCE AND TECHNOLOGY, AND KNOWLEDGE TRANSFERS REGARDING TECHNOLOGY APPLICATIONS TO LESSEN THE BURDEN OF GOVERNMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $342,813
Investment Income $0
Other Revenue $0
TOTAL REVENUE $342,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $353,407
Other Expenses $353,407
TOTAL EXPENSES $353,407

Year-over-Year Comparison

2023 2022 Change
Revenue $342,813 N/A N/A
Expenses $353,407 N/A N/A
Net Income $-10,594 N/A N/A
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

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Governance

Voting Members
5
Independent Members
5
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM WILLIAM MAHO 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
2023 $342,813 $353,407 $32,261 $-10,594
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