MICHIGAN APPA INC (EIN 264426882) - Form 990 Financial Analysis & Trantor Score

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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

1967

Legal Domicile

Principal Officer

RENCE MEREDITH

Phone

2693878584

Tax Period

2019-01-01 to 2019-12-31

MICHIGAN APPA INC, founded in 1967, is a small nonprofit in the Education sector that reported $255K in total revenue in fiscal year 2019. The organization ran a surplus of $53K, a strong 21% operating margin.

Mission

A FORUM FOR HIGHER EDUCATION FACILITY OFFICERS IN THE STATE OF MI TO LEARN AND SHARE INFORMATION OF COMMON INTEREST THAT RELATES TO THEIR ROLES IN PHYSICAL PLANT ADMINISTRATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,000

Program Service Revenue $252,730

Investment Income $341

Other Revenue $0

TOTAL REVENUE $255,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $198,995

Other Expenses $202,433

TOTAL EXPENSES $202,433

Year-over-Year Comparison

	2019	2018	Change
Revenue	$255,071	$239,459	+0.1%
Expenses	$202,433	$275,668	-0.3%
Net Income	$52,638	$-36,209	-2.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENCE MEREDITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK ALLEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JONATHAN WEBB	SECRETARY	1.00	Officer Director	$0	$0	$0
PETER STRAZDAS	TREASURER	1.00	Officer Director	$0	$0	$0
KATHY RICHARDS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAN BOLLMAN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE HAKIM	DIRECTOR	1.00	Director	$0	$0	$0
JERRY NOVAK	DIRECTOR	1.00	Director	$0	$0	$0
JOE ASPERGER	DIRECTOR	1.00	Director	$0	$0	$0
PAT ENGLE	DIRECTOR	1.00	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
2019	$255,071	$202,433	$268,162	$52,638
2018	$239,459	$275,668	$215,524	$-36,209

MICHIGAN APPA INC