MICHIGAN BARBER SCHOOL INC (EIN 381284777) - 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

1947

Legal Domicile

Principal Officer

SAUL GREEN

Phone

3138942300

Tax Period

2021-07-01 to 2022-06-30

MICHIGAN BARBER SCHOOL INC, founded in 1947, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2021. Revenue surged 84% from the prior year, signaling strong growth momentum. Expenses of $2.1M left a modest 11% surplus.

Mission

OUR MISSION IS TO TRAIN POTENTIALLY THE FINEST BARBERS IN AMERICA

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,403,132

Program Service Revenue $1,006,851

Investment Income $185

Other Revenue $0

TOTAL REVENUE $2,410,168

Expense Breakdown

Grants Paid $1,050,632

Salaries & Benefits $298,927

Fundraising Expenses $0

Program Expenses $1,902,990

Other Expenses $791,419

TOTAL EXPENSES $2,140,978

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,410,168	$1,307,289	+0.8%
Expenses	$2,140,978	$1,315,447	+0.6%
Net Income	$269,190	$-8,158	-34.0%

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

N/A

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
CURTIS WADE	MEMBER	1.00	Director	$0	$0	$0
DR WILLIAM SHARP	MEMBER	1.00	Director	$0	$0	$0
MICHELE VASCONCELLOS	SECRETARY	1.00	Officer Director	$0	$0	$0
SAUL GREEN	PRESIDENT/TREASURER	30.00	Officer Director	$0	$0	$0
DIANE GREEN	MEMBER	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
2024	No data	No data	No data	No data
2022	$2,410,168	$2,140,978	$890,305	$269,190
2021	$1,307,289	$1,315,447	$784,290	$-8,158
2021	$1,307,289	$1,169,678	$934,039	$137,611
2020	$1,002,820	$1,118,627	$720,105	$-115,807
2019	$1,392,268	$1,228,680	$809,374	$163,588
2018	$1,464,791	$1,266,238	$685,533	$198,553

MICHIGAN BARBER SCHOOL INC