MASON COUNTY GROWTH ALLIANCE INC

EIN: 203909507

LUDINGTON, MI

Total Revenue
$648
Total Expenses
$63,359
Total Assets
N/A
Net Assets
N/A
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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
2006
Principal Officer
ERIC GUSTAD
Phone
2318450324
Tax Period
2020-01-01 to 2020-12-31

MASON COUNTY GROWTH ALLIANCE INC, founded in 2006, is a micro nonprofit that reported $648 in total revenue in fiscal year 2020. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 9678% operating deficit.

Mission

ACTIVELY SEEKING NEW BUSINESS FOR LUDINGTON AND MASON COUNTY. ASSIST AND SUPPORT EXISTING BUSINESSES, WORK TO ENCORAGE ENTREPRENEURS, AND DEVLOP MARKETING TOO PROMOTE DOING BUSINESS IN MASON COUNTY.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $648
Other Revenue $0
TOTAL REVENUE $648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $63,359
TOTAL EXPENSES $63,359

Year-over-Year Comparison

2020 2019 Change
Revenue $648 $12,101 -0.9%
Expenses $63,359 $67,491 -0.1%
Net Income $-62,711 $-55,390 +0.1%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SETH EARL BOARD MEMBER N/A
Director
$0 $0 $0
MITCH FOSTER BOARD MEMBER N/A
Director
$0 $0 $0
FABIAN KNIZACKY BOARD MEMBER N/A
Director
$0 $0 $0
CHARLES LANGE BOARD MEMBER N/A
Director
$0 $0 $0
MONICA SCHUYLER BOARD MEMBER N/A
Director
$0 $0 $0
CRYSTAL YOUNG BOARD MEMBER N/A
Director
$0 $0 $0
ERIC ERWIN VICE CHAIR N/A
Officer
$0 $0 $0
ERIC GUSTAD BOARD CHAIR N/A
Officer
$0 $0 $0
SCOTT LAKARA STREET SECRETARY/TR N/A
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
2020 $648 $63,359 No data $-62,711
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