MANUFACTURING INDUSTRIAL COUNCIL OF SEATTLE (EIN 911897027) - 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

1998

Legal Domicile

Principal Officer

JAMES D GERING

Phone

2067622470

Tax Period

2021-01-01 to 2021-12-31

MANUFACTURING INDUSTRIAL COUNCIL OF SEATTLE, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $327K in total revenue in fiscal year 2021. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE MIC IS COMMITTED TO THE CONTINUANCE OF THE PRIVATE INDUSTRIAL BASE OF SEATTLE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $318,550

Program Service Revenue $8,700

Investment Income $0

Other Revenue $0

TOTAL REVENUE $327,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $268,763

Fundraising Expenses $0

Program Expenses $370,926

Other Expenses $102,163

TOTAL EXPENSES $370,926

Year-over-Year Comparison

	2021	2020	Change
Revenue	$327,250	$524,518	-0.4%
Expenses	$370,926	$378,063	0.0%
Net Income	$-43,676	$146,455	-1.3%

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

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

$86,204

Total Directors

$86,204

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES D GERING	EXECUTIVE DI	40.00	Officer Director	$86,204	$0	$86,204
WARREN AAKERVIK	TREASURER	N/A	Officer Director	$0	$0	$0
SCOTT ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
JOHNNY BIANCHI	CO-CHAIR	N/A	Officer Director	$0	$0	$0
DOUG DIXON	DIRECTOR	N/A	Director	$0	$0	$0
MARC DOAN	DIRECTOR	N/A	Director	$0	$0	$0
KATHLEEN GOODMAN	CO-CHAIR	N/A	Officer Director	$0	$0	$0
ADAM GRIM	DIRECTOR	N/A	Director	$0	$0	$0
JOHAN HELLMAN	DIRECTOR	N/A	Director	$0	$0	$0
PAT JABLONSKI	DIRECTOR	N/A	Director	$0	$0	$0
JORDAN ROYER	DIRECTOR	N/A	Director	$0	$0	$0
PETE STOLTZ	DIRECTOR	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
2024	No data	No data	No data	No data
2021	$327,250	$370,926	$43,679	$-43,676
2020	$524,518	$378,063	$86,892	$146,455
2019	$115,411	$198,599	$4,146	$-83,188
2018	$237,124	$257,369	$33,411	$-20,245

MANUFACTURING INDUSTRIAL COUNCIL OF SEATTLE