MICHIGAN HEALTH COUNCIL (EIN 381320780) - 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

1944

Legal Domicile

Principal Officer

CRAIG DONAHUE

Phone

5173473332

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN HEALTH COUNCIL, founded in 1944, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 15% operating margin.

Mission

TO FACILITATE THE EDUCATION, RECRUITMENT AND RETENTION OF A DIVERSE HEALTHCARE WORKFORCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $568,635

Program Service Revenue $6,004,119

Investment Income $10,818

Other Revenue $10,492

TOTAL REVENUE $6,594,064

Expense Breakdown

Grants Paid $1,136,000

Salaries & Benefits $3,445,932

Fundraising Expenses $0

Program Expenses $5,273,991

Other Expenses $1,001,276

TOTAL EXPENSES $5,583,208

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,594,064	$5,364,248	+0.2%
Expenses	$5,583,208	$5,028,730	+0.1%
Net Income	$1,010,856	$335,518	+2.0%

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

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

$373,640

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP BERGQUIST	TRUSTEE	0.30	Director	$0	$0	$0
DARRYL WASHINGTON	TRUSTEE	0.30	Director	$0	$0	$0
RUTHANNE SUDDERTH	TRUSTEE	0.30	Director	$0	$0	$0
JOHN SCHWARTZ	TRUSTEE	0.30	Director	$0	$0	$0
DR ANGELA CELESTE MAY	TRUSTEE	0.30	Director	$0	$0	$0
JAN HARRINGTON DAVIS	TRUSTEE	0.30	Director	$0	$0	$0
REMY BRUDER	TRUSTEE	0.30	Director	$0	$0	$0
CRYSTAL BARTER	TRUSTEE	0.30	Director	$0	$0	$0
ANGIE BARKSDALE	TRUSTEE	0.30	Director	$0	$0	$0
CHRIS NUGENT	TREASURER	2.00	Officer Director	$0	$0	$0
DOMINICK PALLONE	SECRETARY	2.00	Officer Director	$0	$0	$0
DUKE ANDERSON	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
MICHAEL BOUTHILLIER	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
CRAIG W DONAHUE	PRESIDENT/CEO	40.00	Officer	$207,613	$31,248	$238,861
MARY LYNN SAMMARTINO	FINANCE DIRECTOR	40.00	Officer	$113,575	$21,204	$134,779
RACHEL BUNNELL	CHIEF PROGRAM OFFICER	40.00	Highest	$139,654	$21,436	$161,090
MARK W BURLEY	CHIEF STAFF DEVELOPMENT OFFICER	40.00	Highest	$143,562	$16,471	$160,033
MITCHELL B DODGE	WEB DEVELOPMENT MANAGER	40.00	Highest	$121,528	$22,540	$144,068
STACY M GRADOWSKI	CHIEF BUSINESS DEVELOPMENT OFFICER	40.00	Highest	$146,240	$28,681	$174,921
AJAY ARUMUGAM	COO	40.00	Highest	$170,298	$16,731	$187,029

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	$6,594,064	$5,583,208	$3,710,496	$1,010,856
2023	$5,364,248	$5,028,730	$2,814,219	$335,518
2023	$5,364,248	$5,037,880	$2,805,069	$326,368
2022	$4,219,260	$4,084,044	$2,623,040	$135,216
2022	$4,242,577	$4,083,944	$1,882,054	$158,633
2021	$3,585,176	$3,415,163	$1,768,280	$170,013
2020	$3,082,118	$2,999,879	$2,103,115	$82,239
2019	$3,518,891	$3,529,800	$1,408,152	$-10,909
2018	$3,458,642	$3,559,259	$1,607,450	$-100,617

MICHIGAN HEALTH COUNCIL