MICHIGAN INTERFAITH POWER & LIGHT INC (EIN 320070213) - 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

2003

Legal Domicile

Principal Officer

LEAH WISTE

Phone

2485379175

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN INTERFAITH POWER & LIGHT INC, founded in 2003, is a small nonprofit in the Religion sector that reported $473K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 17% operating margin.

Mission

Michigan Interfaith Power Light s mission is to inspire and equip people of faith to exercise stewardship of and love for all Creation.

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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 (2023)

Revenue Breakdown

Contributions & Grants $422,853

Program Service Revenue $43,107

Investment Income $7,291

Other Revenue $0

TOTAL REVENUE $473,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,909

Fundraising Expenses $13,836

Program Expenses $338,048

Other Expenses $218,300

TOTAL EXPENSES $391,209

Year-over-Year Comparison

	2023	2022	Change
Revenue	$473,251	$383,842	+0.2%
Expenses	$391,209	$252,842	+0.5%
Net Income	$82,042	$131,000	-0.4%

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

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

$68,822

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEAH WISTE	EXECUTIVE DIRECTOR	040.00	Officer	$68,822	$0	$68,822
BISHOP RAYFORD RAY	PRESIDENT	002.00	Officer Director	$0	$0	$0
SONYA POUNCY	TREASURER	002.00	Officer Director	$0	$0	$0
DR CALVIN GLASS	MEMBER	002.00	Director	$0	$0	$0
WILLIAM ANTOUN	MEMBER	002.00	Director	$0	$0	$0
DAVID ARNOSTI	MEMBER	002.00	Director	$0	$0	$0
BONNIE NUSSBAUM	MEMBER	002.00	Director	$0	$0	$0
MISKOPWAAGANIKWE LEORA L TADGERSON	MEMBER	002.00	Director	$0	$0	$0
KATHY NOLAN	MEMBER	002.00	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
2024	No data	No data	No data	No data
2023	$473,251	$391,209	$406,203	$82,042
2022	$383,842	$252,842	$322,809	$131,000
2021	$209,626	$189,654	$196,664	$19,972
2020	$254,070	$184,730	$177,654	$69,340

MICHIGAN INTERFAITH POWER & LIGHT INC