A BETTER MICHIGAN

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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

2018

Legal Domicile

Principal Officer

HOWARD EDELSON

Phone

5174832296

Tax Period

2023-01-01 to 2023-12-31

A BETTER MICHIGAN, founded in 2018, is a small nonprofit that reported $131K in total revenue in fiscal year 2023. Revenue surged 202% from the prior year, signaling strong growth momentum. The organization ran a surplus of $124K, a strong 94% operating margin.

Mission

EDUCATE LEGISLATORS AND THE GENERAL PUBLIC ON ISSUES FACING MICHIGAN, AND TO ADVOCATE CITIZEN PARTICIPATION AND OBTAIN GRASSROOTS SUPPORT FOR PUBLIC POLICIES RELATING TO FEDERAL, STATE, AND LOCAL LEGISLATION, AND BALLOT QUESTIONS.

Program Service Accomplishments

Program 1

Expenses: $0

THE ORGANIZATION FOCUSED ON DEVELOPING RESEARCH TO SUPPORT THE ORGANIZATION'S MISSION.

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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 $0

Program Service Revenue $0

Investment Income $131,168

Other Revenue $0

TOTAL REVENUE $131,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $7,668

TOTAL EXPENSES $7,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	$131,168	$43,378	+2.0%
Expenses	$7,668	$110,439	-0.9%
Net Income	$123,500	$-67,061	-2.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
HOWARD EDELSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRANDON HOFMEISTER	VICE-PRESIDENT (BEG 6/30)	1.00	Officer Director	$0	$0	$0
ERIC DOSTER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
TREVOR THOMAS	VICE-PRESIDENT (END 6/30)	1.00	Officer 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	$131,168	$7,668	$3,002,005	$123,500
2022	$43,378	$110,439	$2,878,505	$-67,061
2021	$1,478	$2,980	$2,945,566	$-1,502
2020	$17,852	$563,172	$2,947,068	$-545,320
2019	$58,829	$66,441	$3,492,388	$-7,612