WAYS TO WORK OF MICHIGAN

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

WILLIAM C JACKSON

Phone

3138832100

Tax Period

2017-07-01 to 2018-06-30

WAYS TO WORK OF MICHIGAN, founded in 2004, is a micro nonprofit that reported $253 in total revenue in fiscal year 2017. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $248, a strong 98% operating margin.

Mission

TO PROMOTE STRATEGIES THAT IMPROVE THE FINANCIAL CONDITION OF DISTRESSED FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $4

PROVIDED SHORT TERM, LOW-INTEREST LOANS TO WORKING FAMILIES WITH CHALLENGING CREDIT HISTORIES. LOANS HELP WITH THE PURCHASE OF A MODESTLY PRICED USED VEHICLE, HELP TO STABILIZE OR IMPROVE EMPLOYMENT SITUATIONS AND ASSIST WITH REPAIRING CREDIT RATINGS. IN ADDITION, FINANCIAL LITERACY TRAINING WAS PROVIDED TO FAMILIES AT NO CHARGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $253

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $253

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4

Other Expenses $5

TOTAL EXPENSES $5

Year-over-Year Comparison

	2017	2016	Change
Revenue	$253	$564	-0.6%
Expenses	$5	$850	-1.0%
Net Income	$248	$-286	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$86,151

Total Directors

$248,028

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM C JACKSON	CHAIR/SECRETARY/TREASURER	0.10	Officer Director	$0	$12,346	$86,151
VIOLET PONDERS	DIRECTOR	0.10	Director	$0	$6,846	$87,720
LYNDA DANDRIDGE	DIRECTOR	0.10	Director	$0	$1,375	$74,157

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
2018	$253	$5	No data	$248