EMPLOYERS ASSOCIATION OF WEST MICH (EIN 380860890) - 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

1916

Legal Domicile

Principal Officer

LISA SABOURIN

Phone

2317590916

Tax Period

2023-01-01 to 2023-12-31

EMPLOYERS ASSOCIATION OF WEST MICH, founded in 1916, is a small nonprofit that reported $407K in total revenue in fiscal year 2023. Expenses of $455K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE COST EFFECTIVE SERVICES AND ACCURATE INFORMATION MANAGEMENT IN SUPPORT OF POSITIVE EMPLOYEE RELATIONS, A SAFE WORK ENVIRONMENT AND GROWTH THROUGH CONTINUOUS WORKFORCE DEVELOPMENT.

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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 $138,793

Program Service Revenue $260,959

Investment Income $7,426

Other Revenue $0

TOTAL REVENUE $407,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,156

Fundraising Expenses $0

Program Expenses $181,275

Other Expenses $276,756

TOTAL EXPENSES $454,912

Year-over-Year Comparison

	2023	2022	Change
Revenue	$407,178	$396,073	+0.0%
Expenses	$454,912	$379,701	+0.2%
Net Income	$-47,734	$16,372	-3.9%

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

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

$89,706

Total Directors

$89,706

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA SABOURIN	SECRETARY/ CEO	40.00	Officer Director	$87,186	$2,520	$89,706
JOHN ESSEX	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MIKE WEESSIES	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
KERI MCCARTHY	TREASURER	1.00	Officer Director	$0	$0	$0
AARON MAIKE	PAST CHAIRPERSON	1.00	Officer Director	$0	$0	$0
ROB DUBAULT	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ERIC ERWIN	DIRECTOR	1.00	Director	$0	$0	$0
JEANETTE HOYER	DIRECTOR	1.00	Director	$0	$0	$0
GENE HYNDE	DIRECTOR	1.00	Director	$0	$0	$0
JILLIAN MELOCHE	DIRECTOR	1.00	Director	$0	$0	$0
MARL SCHNEIDER	DIRECTOR	1.00	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
2023	$407,178	$454,912	No data	$-47,734
2022	$396,073	$379,701	$267,674	$16,372
2021	$316,689	$297,737	$277,426	$18,952
2020	$256,014	$242,599	$254,640	$13,415
2019	$324,578	$324,076	$230,361	$502
2018	$320,026	$308,000	$219,023	$12,026

EMPLOYERS ASSOCIATION OF WEST MICH