MICHIGAN FOREST PRODUCTS COUNCIL (EIN 200301559) - 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

2003

Legal Domicile

Principal Officer

KEVIN KORPI

Phone

5178531236

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN FOREST PRODUCTS COUNCIL, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $251K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $382K exceeded revenue, resulting in a 52% operating deficit.

Mission

TO EXCHANGE INFORMATION ABOUT LAWS, STANDARDS, REGULATIONS, AND PROCEDURES OF GOVERNMENTAL UNITS, AND TO INITIATE AND SPONSOR RESEARCH ON ISSUES AFFECTING THE FOREST PRODUCTS INDUSTRY.

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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 $229,688

Program Service Revenue $0

Investment Income $0

Other Revenue $21,210

TOTAL REVENUE $250,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $382,186

TOTAL EXPENSES $382,186

Year-over-Year Comparison

	2023	2022	Change
Revenue	$250,898	$652,230	-0.6%
Expenses	$382,186	$308,955	+0.2%
Net Income	$-131,288	$343,275	-1.4%

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
ANNIE HUSSA	DIRECTOR	1.00	Director	$0	$0	$0
ERIC DIRING	DIRECTOR	1.00	Director	$0	$0	$0
BRAD MISCHLER	DIRECTOR	1.00	Director	$0	$0	$0
DAN TOIVONEN	DIRECTOR	1.00	Director	$0	$0	$0
TIM BIEWER	DIRECTOR	1.00	Director	$0	$0	$0
JIM MALLOY	DIRECTOR	1.00	Director	$0	$0	$0
TIM NEFF	DIRECTOR	1.00	Director	$0	$0	$0
BILL O'BRION	DIRECTOR	1.00	Director	$0	$0	$0
JAMES PEARSON	DIRECTOR	1.00	Director	$0	$0	$0
BOB EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
RANDY KEEN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE JASKOLSKI	DIRECTOR	1.00	Director	$0	$0	$0
NICK MONKEVICH	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC STIER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TODD SIEGERT	CHAIR	1.00	Officer Director	$0	$0	$0
KEVIN KORPI	EXECUTIVE DIRECTOR	20.00	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
2024	No data	No data	No data	No data
2023	$250,898	$382,186	$420,268	$-131,288
2022	$652,230	$308,955	$593,297	$343,275
2021	$543,903	$480,269	$200,022	$63,634
2020	$435,016	$443,104	$136,388	$-8,088
2019	$391,033	$409,918	$291,057	$-18,885
2018	$357,699	$479,232	$341,711	$-121,533

MICHIGAN FOREST PRODUCTS COUNCIL