MAYFIELD ENTREPRENEURIAL CENTER

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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

MITZI RHODES

Phone

5732385650

Tax Period

2024-01-01 to 2024-12-31

MAYFIELD ENTREPRENEURIAL CENTER, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024.

Mission

PROVIDE LOCAL ENTREPRENEURIAL FIRMS AND START-UP FIRMS WITH SERVICES AND SUPPORT TO IMPROVE THE CHANCE OF SUCCESS FOR NEW BUSINESSES IN BOLLINGER COUNTY AND VICINITY. PROMOTE ECONOMIC JOB GROWTH, SUPPORT COMMUNITY GOALS.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $1,045,670

THE CENTER IS WORKING ON CONSTRUCTION IMPROVEMENTS TO SUPPORT LOCAL ENTREPRENEURIAL FIRS AND START-UP FIRMS WITH SERVICES AND SUPPORT TO IMPROVE CHANCES OF SUCCESS. THE IMPROVEMENTS WILL INCLUDE...

THE CENTER IS WORKING ON CONSTRUCTION IMPROVEMENTS TO SUPPORT LOCAL ENTREPRENEURIAL FIRS AND START-UP FIRMS WITH SERVICES AND SUPPORT TO IMPROVE CHANCES OF SUCCESS. THE IMPROVEMENTS WILL INCLUDE SHARED WORKSPACES, SMALL OFFICES, CONFERENCE ROOMS, AND COMMUNICATION/TECHNICAL INFRASTRUCTURE TO ASSIST THE FIRMS IN MEETING THEIR OBJECTIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,045,670

Program Service Revenue $0

Investment Income $24,329

Other Revenue $0

TOTAL REVENUE $1,069,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,069,999	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	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

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
EDWARD CROWLEY	PRESIDENT	10.00	Officer	$0	$0	$0
STAN CRADER	SECRETARY	8.00	Officer	$0	$0	$0
MITZI RHODES	TREASURER	6.00	Officer	$0	$0	$0
EVA DUNN	DIRECTOR	6.00	Director	$0	$0	$0
KEVIN COOPER	DIRECTOR	N/A	Director	$0	$0	$0
JO BURFORD	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	$1,069,999	No data	$1,070,184	No data