NORTHERN TRANSFORMATION CORPORATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

MARK L BERDAN

Phone

9893451090

Tax Period

2025-01-01 to 2025-12-31

NORTHERN TRANSFORMATION CORPORATION, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $322K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $78K, a strong 24% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE IN NORTHERN MICHIGAN.

Program Service Accomplishments

Program 1

Expenses: $188,969

MICAREERQUEST MIDDLE MICHIGAN IS A HANDS-ON, INTERACTIVE, CAREER EXPLORATION EVENT FOR 10TH GRADERS IN 11 COUNTIES.

Program 2

Expenses: $51,217

ECONOMIC DEVELOPMENT FOR ARENAC, GLADWIN, ROSCOMMON, AND OGEMAW COUNTIES. ECONOMIC DEVELOPMENT ACTIVITIES IN CONJUNCTION WITH THE LOCAL COUNTY EDC BOARDS AND COMMISSIONERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $321,595

Program Service Revenue $0

Investment Income $246

Other Revenue $0

TOTAL REVENUE $321,841

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $240,186

Other Expenses $244,178

TOTAL EXPENSES $244,178

Year-over-Year Comparison

	2025	2024	Change
Revenue	$321,841	$285,251	+0.1%
Expenses	$244,178	$248,309	0.0%
Net Income	$77,663	$36,942	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK L BERDAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROBERT CAILLIER JR	VP/SECRETARY	5.00	Officer Director	$0	$0	$0
RENEE M NAGY	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS O'BRIEN	VP/TREASURER	2.00	Officer Director	$0	$0	$0
PAM O'LAUGHLIN	BOARD MEMBER	2.00	Director	$0	$0	$0
RENEE SIEVERS	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES WING	BOARD MEMBER	2.00	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
2025	$321,841	$244,178	$527,536	$77,663
2024	$285,251	$248,309	$431,819	$36,942
2023	$390,615	$372,178	$418,989	$18,437
2022	$353,181	$218,102	$424,862	$135,079
2021	$109,005	$77,165	$262,525	$31,840
2020	$296,385	$293,698	$240,941	$2,687
2019	$338,627	$282,264	$239,294	$56,363