ST MICHAEL CORPORATION

EIN: 270279044 501(c)(3) Health Care

ATLANTA, GA

Total Revenue
$50,000
Total Expenses
$45,000
Total Assets
$185,958
Net Assets
$185,958
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
GA
Principal Officer
DR OLUSEGUN ATEGBOLE
Phone
4048443228
Tax Period
2024-01-01 to 2024-12-31

ST MICHAEL CORPORATION, founded in 2009, is a micro nonprofit in the Health Care sector that reported $50K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $45K left a modest 10% surplus.

Mission

IT IS ORGANIZED FOR CHARITABLE PURPOSES. MISSION INCLUDES DONATION OF SUPPLIES, MEDICAL TOOLS, & OTHER HUMANITARIAN EFFORTS TO THE NEEDY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,000
Other Expenses $45,000
TOTAL EXPENSES $45,000

Year-over-Year Comparison

2024 2023 Change
Revenue $50,000 $65,000 -0.2%
Expenses $45,000 $45,000 N/A
Net Income $5,000 $20,000 -0.8%
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
2
Independent Members
2
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR OLUSEGUN ATEGBOLE PRESIDENT 80
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
2025 No data No data No data No data
2024 $50,000 $45,000 $185,958 $5,000
2023 $65,000 $45,000 $180,958 $20,000
2022 $38,652 $38,652 $160,958 No data
2021 $195,000 $190,000 $160,958 $5,000
2020 $200,000 $200,000 $155,958 No data
2019 $205,000 $200,000 $155,958 $5,000
2018 $130,000 $115,000 $150,958 $15,000
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