VOLUNTEERS OF AMERICA INC

EIN: 262689455 501(c)(3)

SOUTHFIELD, MI

Total Revenue
$88,521
Total Expenses
$222,829
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
2007
Legal Domicile
MI
Principal Officer
ALEX BRODRICK
Phone
2489450101
Tax Period
2019-07-01 to 2020-06-30

VOLUNTEERS OF AMERICA INC, founded in 2007, is a micro nonprofit that reported $89K in total revenue in fiscal year 2019. Expenses of $223K exceeded revenue, resulting in a 152% operating deficit.

Mission

RECEIVE AND ADMINISTER FUNDS AND TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF VOLUNTEERS OF AMERICA MICHIGAN.

Program Service Accomplishments

Program 1
Expenses: $222,829

RECEIVE AND ADMINISTER FUNDS AND TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF VOLUNTEERS OF AMERICA MICHIGAN.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $88,521
Other Revenue $0
TOTAL REVENUE $88,521

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $222,829
Other Expenses $222,829
TOTAL EXPENSES $222,829

Year-over-Year Comparison

2019 2018 Change
Revenue $88,521 N/A N/A
Expenses $222,829 N/A N/A
Net Income $-134,308 $0 N/A
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
5
Independent Members
4
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
5
$276,086
Total Directors
5
$276,086
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX BRODRICK PRESIDENT & CEO 15.00
Officer Director
$0 $0 $276,086
RALPH MARCUS CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHELE WATKINS VICE CHAIR 1.00
Officer Director
$0 $0 $0
VANASSA OWENS-WARREN SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID LEMON TREASURER 1.00
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
2020 $88,521 $222,829 No data $-134,308
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