MICHIGAN EDUCATION COUNCIL

EIN: 341602618 501(c)(3)

CANTON, MI

Total Revenue
$4,547,065
Total Expenses
$4,116,084
Total Assets
$10,019,353
Net Assets
$6,354,748
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MI
Principal Officer
TARIQ HAFEEZ
Phone
7347291000
Tax Period
2024-07-01 to 2025-06-30

MICHIGAN EDUCATION COUNCIL, founded in 1988, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $4.1M left a modest 9% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO OPERATE A NOT-FOR-PROFIT EDUCATIONAL INSTITUTION WHICH INSTILLS THE HIGHEST SOCIAL AND FAMILY VALUES TO ITS STUDENTS. THE SCHOOL SERVES APPROXIMATELY 387 STUDENTS AND HAS APPROXIMATELY 50 EMPLOYEES, TEACHERS AND STAFF.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,239,610
Program Service Revenue $3,279,139
Investment Income $19,781
Other Revenue $8,535
TOTAL REVENUE $4,547,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,866,593
Fundraising Expenses $33,866
Program Expenses $3,086,484
Other Expenses $1,249,491
TOTAL EXPENSES $4,116,084

Year-over-Year Comparison

2024 2023 Change
Revenue $4,547,065 $4,129,024 +0.1%
Expenses $4,116,084 $4,057,923 +0.0%
Net Income $430,981 $71,101 +5.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
66
Volunteers
9

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
6
$80,000
Total Directors
12
$80,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ILTEFAT HAMZAVI DIRECTOR 0.50
Director
$0 $0 $0
MESUT DURAN SECRETARY 0.50
Officer Director
$0 $0 $0
ABDUL HAFEEZ SENIOR DIRECTOR 0.50
Officer Director
$0 $0 $0
MAHMOOD HAI SENIOR DIRECTOR 0.50
Officer Director
$0 $0 $0
YUSUF HAI DIRECTOR 0.50
Director
$0 $0 $0
AYAZ KHAN DIRECTOR 0.50
Director
$0 $0 $0
ALI LIAQAT DIRECTOR 0.50
Director
$0 $0 $0
TARIQ HAFEEZ PRESIDENT 0.50
Officer Director
$0 $0 $0
AMNA KAMAL VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
PEMBE YASARLAR EXEC. DIRECTOR 60.00
Officer Director
$80,000 $0 $80,000
CHRISTOPHER BLAUVELT DIRECTOR 0.50
Director
$0 $0 $0
ELDIN FOCO DIRECTOR 0.50
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 $4,547,065 $4,116,084 $10,019,353 $430,981
2024 $4,129,024 $4,057,923 $8,906,739 $71,101
2023 $3,351,868 $3,473,668 $9,604,089 $-121,800
2022 $3,722,412 $3,018,097 $10,672,917 $704,315
2021 $2,699,980 $2,867,709 $9,976,435 $-167,729
2020 $3,328,632 $3,029,728 $9,979,006 $298,904
2019 $3,375,515 $3,123,492 $10,292,381 $252,023
2018 $3,177,600 $2,923,040 $10,074,872 $254,560
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