SERVICE LEAGUE OF MICHIGAN CITY INDIANA INC

EIN: 237156267 501(c)(3)

MICHIGAN CITY, IN

Total Revenue
$67,817
Total Expenses
$78,017
Total Assets
$248,761
Net Assets
$244,761
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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
1938
Legal Domicile
IN
Principal Officer
DEBORAH KONICEK
Phone
2198721144
Tax Period
2023-03-01 to 2024-02-29

SERVICE LEAGUE OF MICHIGAN CITY INDIANA INC, founded in 1938, is a micro nonprofit that reported $68K in total revenue in fiscal year 2023. Expenses of $78K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE DRESSINGS AND CONVALESCENT EQUIPMENT FOR SHORT TERM USE BY THE GENERAL PUBLIC

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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 (2023)

Revenue Breakdown

Contributions & Grants $54,942
Program Service Revenue $1,075
Investment Income $10,700
Other Revenue $1,100
TOTAL REVENUE $67,817

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $78,017
Other Expenses $76,017
TOTAL EXPENSES $78,017

Year-over-Year Comparison

2023 2022 Change
Revenue $67,817 $69,662 0.0%
Expenses $78,017 $73,219 +0.1%
Net Income $-10,200 $-3,557 +1.9%
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
129
Independent Members
129
Employees
N/A
Volunteers
66

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA ALBERS PRESIDENT 3.00
Director
$0 $0 $0
LINDA SWEDENBERG TREASURER 3.00
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
2024 $67,817 $78,017 $248,761 $-10,200
2023 $69,662 $73,219 $258,342 $-3,557
2022 $37,244 $33,148 $276,254 $4,096
2021 $24,127 $24,862 $253,297 $-735
2020 $27,972 $24,570 $243,470 $3,402
2019 $18,907 $19,461 $245,711 $-554
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