LANSING, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)MICHIGAN PRESS ASSOCIATION, founded in 1944, is a small nonprofit that reported $276K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $319K exceeded revenue, resulting in a 16% operating deficit.
TO PROMOTE THE GENERAL INTERESTS OF THE PRESS OF MICHIGAN; TO PROMOTE IMPROVED EDITORIAL AND BUSINESS METHODS IN THE PUBLISHING OF NEWSPAPERS; TO PROMOTE THE USEFULNESS AND INFLUENCE OF ALL NEWSPAPERS; TO CULTIVATE FRIENDLY RELATIONS AND A FRATERNAL SPIRIT AMONG THE MEMBERS AND TO PROMOTE AND MAINTAIN A HIGH STANDARD OF ETHICS IN THE NEWSPAPER PROFESSION.
THE ASSOCIATION REPRESENTS THE GENERAL INTEREST OF THE NEWSPAPERS OF MICHIGAN. IN CONJUNCTION WITH THESE ACTIVITIES, THEY SPONSOR CONFERENCES, WORKSHOPS AND MONITOR PUBLIC POLICY. THE ASSOCIATION HAS...
THE ASSOCIATION REPRESENTS THE GENERAL INTEREST OF THE NEWSPAPERS OF MICHIGAN. IN CONJUNCTION WITH THESE ACTIVITIES, THEY SPONSOR CONFERENCES, WORKSHOPS AND MONITOR PUBLIC POLICY. THE ASSOCIATION HAS OVER 300 MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $276,111 | $492,681 | -0.4% |
| Expenses | $319,489 | $328,960 | 0.0% |
| Net Income | $-43,378 | $163,721 | -1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ERIC HAMP | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WES SMITH ENDED | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHANIE ANGEL | PRESIDENT-EL | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM SCHAEFER | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HINER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN ELCHERT | PAST PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL HEIDBREDER ENDED | PAST PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIN HINKLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL STIFFLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIIA SMAHLIUK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANNE WILLIAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEREMY MCBAIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY SOBCZAK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ML ELRICK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATE CAREY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GINA WILSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BAN IBRAHIM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE HRYCKO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT DEWAELSCHE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA SCOTT ENDED | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL WILCOX ENDED | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES TARRANT | EXECUTIVE DI | 31.00 |
Officer
Director
|
$79,313 | $0 | $79,313 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $276,111 | $319,489 | $366,060 | $-43,378 |
| 2023 | $492,681 | $328,960 | $378,320 | $163,721 |
| 2022 | $417,856 | $448,699 | $302,675 | $-30,843 |
| 2021 | $398,252 | $360,650 | $442,452 | $37,602 |
| 2020 | $266,336 | $343,751 | $391,642 | $-77,415 |
| 2019 | $336,662 | $417,524 | $425,356 | $-80,862 |
Compare MICHIGAN PRESS ASSOCIATION with other nonprofits in Michigan and across the country.