MIDWOOD SPECIAL EDUCATION SERVICES INC (EIN 883400862) - 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

2022

Legal Domicile

Principal Officer

RALPH SHAMAH

Phone

7183774466

Tax Period

2023-01-01 to 2023-12-31

MIDWOOD SPECIAL EDUCATION SERVICES INC, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 81% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 4% surplus.

Mission

SEE IN SCHEDULE O & FORM 990 PART III, LINE 1 - DESCRIPTION OF ORGANIZATION MISSION:SEE IN SCHEDULE O & FORM 990 PART III, LINE 1 - DESCRIPTION OF ORGANIZATION MISSION: THE MISSION OF MIDWOOD IS TO PROMOTE WELFARE, EDUCATION & HEALTH OF SPECIAL NEEDS CHILDREN REGARDLESS OF RACE, RELIGION OR NATIONALITY BY SOLICITING FUNDS AND DONATING GOODS, SERVICES AND FUNDS TO SUCH INDIVIDUALS AS WELL AS OTHER ORGANIZATIONS OR INSTITUTIONS ADVANCING SIMILAR OBJECTIVES, BOTH FOREIGN AND DOMESTIC.

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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 $8,783

Program Service Revenue $2,463,318

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,472,101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,274,990

Fundraising Expenses $0

Program Expenses $2,237,346

Other Expenses $1,087,583

TOTAL EXPENSES $2,362,573

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,472,101	$1,364,380	+0.8%
Expenses	$2,362,573	$1,412,918	+0.7%
Net Income	$109,528	$-48,538	-3.3%

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

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
RALPH SHAMAH	TREASURER	1.00	Officer Director	$0	$0	$0
JEANNE ZIRDOK	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS J SHAMIE	DIRECTOR	1.00	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	$2,472,101	$2,362,573	$406,230	$109,528
2022	$1,364,380	$1,412,918	$1,844,025	$-48,538

MIDWOOD SPECIAL EDUCATION SERVICES INC