MICHIGAN GOVERNOR'S RESIDENCE FOUNDATION

EIN: 275278263 501(c)(3) Philanthropy & Grantmaking

LANSING, MI

Total Revenue
$75,000
Total Expenses
$22,792
Total Assets
$143,357
Net Assets
$143,357
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MI
Principal Officer
BRIAN HUGGLER
Phone
2022466594
Tax Period
2023-01-01 to 2023-12-31

MICHIGAN GOVERNOR'S RESIDENCE FOUNDATION, founded in 2011, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $75K in total revenue in fiscal year 2023. The organization ran a surplus of $52K, a strong 70% operating margin.

Mission

TO RECEIVE AND ADMINISTER FUNDS FOR THE BENEFIT OF CHARITABLE PURPOSES AND TO LESSEN THE FINANCIAL BURDENS OF THE GOVERNMENT OF THE STATE OF MICHIGAN. TO RAISE FUNDS FROM THE GENERAL PUBLIC TO FINANCE CERTAIN EXPENSES THAT WOULD OTHERWISE BE INCURRED BY MICHIGAN TAXPAYERS. TO SUPPORT AND ENCOURAGE EDUCATIONAL, CHARITABLE, AND COMMUNITY PROJECTS THAT PROMOTE THE ECONOMIC, SOCIAL, AND PUBLIC WELFARE OF THE STATE OF MICHIGAN, ITS COMMUNITIES, CITIZENS, AND VISITORS. TO RESTORE, REPAIR, AND REFURBISH THE STATE-OWNED LANSING AND MACKINAC ISLAND OFFICIAL RESIDENCES OF THE GOVERNOR OF THE STATE OF MICHIGAN; TO RESTORE, REPAIR, AND REFURBISH OTHER BUILDINGS AND DEVELOPMENTS OF HISTORICAL SIGNIFICANCE TO THE PEOPLE OF THE STATE OF MICHIGAN; AND TO FINANCE EXPENSES INCURRED IN CONNECTION WITH OFFICIAL FUNCTIONS AT THE GOVERNOR'S RESIDENCES. TO ASSIST OTHER PUBLIC FOUNDATIONS ORGANZIED TO PROVIDE PRIVATE SUPPORT OF TAX-FUNDED INSTITUTIONS AND BUILDINGS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $75,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $75,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,479
Other Expenses $22,792
TOTAL EXPENSES $22,792

Year-over-Year Comparison

2023 2022 Change
Revenue $75,000 N/A N/A
Expenses $22,792 $2,200 +9.4%
Net Income $52,208 $-2,200 -24.7%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN HUGGLER PRESIDENT 1.00
Officer
$0 $0 $0
PHIL PIERCE VICE PRESIDENT 1.00
Officer
$0 $0 $0
LYNDA ROSSI SECRETARY 1.00
Officer
$0 $0 $0
ZINA KRAMER TREASURER 1.00
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
2024 No data No data No data No data
2023 $75,000 $22,792 $143,357 $52,208
2022 No data $2,200 $91,149 No data
2021 $120,000 $46,830 $93,349 $73,170
2020 $105,000 $115,809 $20,179 $-10,809
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MICHIGAN GOVERNOR'S RESIDENCE FOUNDATION with other nonprofits in Michigan and across the country.