DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
Michigan Interfaith Power Light s mission is to inspire and equip people of faith to exercise stewardship of and love for all Creation. We offer practical ways to put faith into action by promoting energy efficiency, renewable energy, and other sustainable practices that lead to a cleaner, healthier, and more just world.
We began managing projects at 11 low-income congregations across the state, helping them put 100,000 each 1.1 million total in grant dollars into energy saving building improvements. We implemented...
We began managing projects at 11 low-income congregations across the state, helping them put 100,000 each 1.1 million total in grant dollars into energy saving building improvements. We implemented our pilot Postive Energy solar project, solarizing the first black church in Detroit through crowd lending. Engaged in a campaign to pressure General Motors to keep their promise to move away from gasoline and diesel powered vehicles, delivering a letter with 15,000 signatures to GMs headquarters. Connected 163 congregations with free energy efficient upgrades from their utility.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare MICHIGAN INTERFAITH POWER & LIGHT INC with other nonprofits in Michigan and across the country.