MALOTT IMPROVEMENT CLUB C/O SKIRKO BUSINESS SERVICES INC (EIN 916011129) - 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

1970

Legal Domicile

Principal Officer

MIKE CORNELIUS

Phone

5096892117

Tax Period

2023-01-01 to 2023-12-31

MALOTT IMPROVEMENT CLUB C/O SKIRKO BUSINESS SERVICES INC, founded in 1970, is a micro nonprofit that reported $25K in total revenue in fiscal year 2023. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE PEOPLE OF THE COMMUNITY OF MALOTT, WA.

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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 $2,519

Program Service Revenue $300

Investment Income $10,549

Other Revenue $11,356

TOTAL REVENUE $24,724

Expense Breakdown

Grants Paid $13,500

Salaries & Benefits $2,498

Fundraising Expenses $0

Program Expenses $34,393

Other Expenses $18,395

TOTAL EXPENSES $34,393

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,724	$149,407	-0.8%
Expenses	$34,393	$42,485	-0.2%
Net Income	$-9,669	$106,922	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACKI CORNELIUS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CORNELIUS	PRESIDENT	1.00	Officer Director	$0	$0	$0
TYLER HAND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANGELA SKIRKO	TREASURER	2.00	Officer Director	$0	$0	$0
TRIA SKIRKO	SECRETARY	1.00	Officer Director	$0	$0	$0
ROY TAYLOR	SARGENT AT ARMS	1.00	Officer Director	$0	$0	$0
JOSH TRUAN	DIRECTOR	1.00	Director	$0	$0	$0
EVAN BEVIER	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
2024	No data	No data	No data	No data
2023	$24,724	$34,393	$441,136	$-9,669
2022	$149,407	$42,485	$423,926	$106,922
2021	$23,435	$19,858	$380,317	$3,577
2020	$16,675	$20,566	$356,652	$-3,891
2019	$48,582	$21,244	$335,298	$27,338
2018	$8,781	$21,388	$307,960	$-12,607

MALOTT IMPROVEMENT CLUB C/O SKIRKO BUSINESS SERVICES INC