MYMICHIGAN MEDICAL CENTER MIDLAND VOLUNT (EIN 061723993) - 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

2004

Legal Domicile

Principal Officer

ELISSA THOMSON

Phone

9898379039

Tax Period

2023-07-01 to 2024-06-30

MYMICHIGAN MEDICAL CENTER MIDLAND VOLUNT, founded in 2004, is a small nonprofit in the Education sector that reported $189K in total revenue in fiscal year 2023. Expenses of $183K left a modest 3% surplus.

Mission

THE CORPORATION (VOLUNTEER ORGANIZATION) WILL SUPPORT THE MISSION OF MYMICHIGAN MEDICAL CENTER MIDLAND BY RENDERING SERVICE AND ASSISTANCE TO PATIENTS, STAFF, AND THE COMMUNITY.

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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 $0

Program Service Revenue $0

Investment Income $4,680

Other Revenue $184,411

TOTAL REVENUE $189,091

Expense Breakdown

Grants Paid $166,615

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,820

Other Expenses $16,641

TOTAL EXPENSES $183,256

Year-over-Year Comparison

	2023	2022	Change
Revenue	$189,091	$176,164	+0.1%
Expenses	$183,256	$156,188	+0.2%
Net Income	$5,835	$19,976	-0.7%

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

207

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
ELISSA THOMSON	PRESIDENT	5.00	Officer	$0	$0	$0
KIM CLARKE	PRESIDENT ELECT	4.00	Officer	$0	$0	$0
DONNA HERRINGSHAW	TREASURER	1.00	Officer	$0	$0	$0
BONNIE MAULT	SECRETARY	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	$189,091	$183,256	$254,684	$5,835
2023	$176,164	$156,188	$248,849	$19,976
2022	$144,173	$168,460	$228,873	$-24,287
2021	$155,456	$79,403	$253,160	$76,053

MYMICHIGAN MEDICAL CENTER MIDLAND VOLUNT