MICHIGAN INTERSCHOLASTIC PRESS ASS… - Form 990 Financial Data

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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

2005

Legal Domicile

Principal Officer

JEREMY STEELE

Phone

5173536761

Tax Period

2023-07-01 to 2024-06-30

MICHIGAN INTERSCHOLASTIC PRESS ASSOCIATION, founded in 2005, is a small nonprofit in the Education sector that reported $161K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

PROVIDES A FORUM FOR THE INTERCHANGE OF ORAL AND WRITTEN IDEAS PERTAINING TO SCHOOL PUBLICATIONS AND TO AID IN THE PUBLISHING OF SUCH MATERIALS BY OFFERING VARIOUS CONFERENCES AND WORKSHOPS. MIPA IS DEDICATED TO PROVIDING A FRAMEWORK WITHIN WHICH MICHIGAN JUNIOR HIGH, MIDDLE SCHOOL, AND HIGH SCHOOL JOURNALISM STUDENTS, TEACHERS, AND ADVISORS CAN EXCHANGE IDEAS TO FURTHER THE PROFESSIONAL STANDARDS OF JOURNALISM EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $140,833 Revenue: $142,956

WORKSHOPS & CONFERENCES: A SUMMER WORKSHOP ATTRACTED 206 YOUTH PARTICIPANTS. MIPA'S FALL CONFERENCE ATTRACTED 1,183 ATTENDEES.

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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 $13,465

Program Service Revenue $139,273

Investment Income $5,031

Other Revenue $3,683

TOTAL REVENUE $161,452

Expense Breakdown

Grants Paid $18,951

Salaries & Benefits $46,140

Fundraising Expenses $0

Program Expenses $140,833

Other Expenses $98,252

TOTAL EXPENSES $163,343

Year-over-Year Comparison

	2023	2022	Change
Revenue	$161,452	$177,554	-0.1%
Expenses	$163,343	$142,826	+0.1%
Net Income	$-1,891	$34,728	-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

N/A

Volunteers

134

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

$9,300

Total Directors

$3,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY STEELE	EXECUTIVE DIRECTOR	30.00	Officer	$8,100	$0	$8,100
JAMES WOEHLRE	TRUSTEE	1.00	Director	$1,200	$0	$1,200
CE SIKKENGA	TRUSTEE	2.00	Director	$1,200	$0	$1,200
CAMMIE HALL	TREASURER	1.00	Officer Director	$1,200	$0	$1,200
NIEKO IANNI	TRUSTEE	1.00	Director	$0	$0	$0
ALEXIS CAMPION	TRUSTEE	1.00	Director	$0	$0	$0
STEPHANIE ORTH	TRUSTEE	1.00	Director	$0	$0	$0
KATE MCCALLUM	TRUSTEE	1.00	Director	$0	$0	$0
RANDY SCOTT	TRUSTEE	2.00	Director	$0	$0	$0
DARCY HASSING	SECRETARY	1.00	Officer Director	$0	$0	$0
SARAH ASHMAN	SECOND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CODY HARRELL	FIRST VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
CHRISTINA HAMMITT	PRESIDENT	5.00	Officer 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
2025	No data	No data	No data	No data
2024	$161,452	$163,343	$318,108	$-1,891
2023	$177,554	$142,826	$316,824	$34,728
2022	$101,325	$50,912	$281,791	$50,413
2021	$57,852	$49,293	$226,017	$8,559
2020	$96,704	$178,011	$218,053	$-81,307
2019	$212,781	$204,516	$300,756	$8,265
2018	$221,275	$186,806	$283,195	$34,469

MICHIGAN INTERSCHOLASTIC PRESS ASSOCIATION