LIVONIA, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CITIZENS RESEARCH COUNCIL OF MICHIGAN INC, founded in 1916, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Net assets of $4.0M represent 39 months of operating reserves.
THE GOAL OF THE CITIZENS RESEARCH COUNCIL IS TO SECURE GOOD GOVERNMENT FOR THE CITIZENS OF MICHIGAN-GOVERNMENT THAT IS REPRESENTATIVE OF AND RESPONSIBLE AND ACCOUNTABLE TO THE PUBLIC; EFFECTIVE IN CARRYING OUT ITS RESPONSIBILITIES AND PROVIDING SERVICES; AND EFFICIENT IN THE USE OF ITS RESOURCES. RESEARCH COUNCIL ACTIVITIES FOCUS ON FOUR AREAS:MONITORING TRENDS IN STATE AND LOCAL FINANCES; ANALYZING THE STRUCTURE AND ORGANIZATION OF GOVERNMENT; CONDUCTING IN-DEPTH STUDIES OF MAJOR PUBLIC POLICY ISSUES; AND ASSISTING PUBLIC OFFICIALS AND CONCERNED CITIZENS TO PROMOTE EFFICIENCY, EFFECTIVENESS, AND ACCOUNTABILITY IN GOVERNMENTAL OPERATIONS.
THE CITIZENS RESEARCH COUNCIL PUBLISHED A PAPER THAT ADDRESSED PUBLIC FUNDING OF ECONOMIC DEVELOPMENT RELATED TO INNOVATION AND ENTREPRENEURIAL ACTIVITIES. THE RESEARCH DOCUMENTED THE ECONOMIC...
THE CITIZENS RESEARCH COUNCIL PUBLISHED A PAPER THAT ADDRESSED PUBLIC FUNDING OF ECONOMIC DEVELOPMENT RELATED TO INNOVATION AND ENTREPRENEURIAL ACTIVITIES. THE RESEARCH DOCUMENTED THE ECONOMIC BENEFITS OF PUBLIC INVOLVEMENT, QUANTIFIED MICHIGAN'S INVESTMENTS RELATIVE TO SEVERAL SURROUNDING STATES, AND IDENTIFIED POTENTIAL SOURCES OF FUNDING IF POLICY MAKERS PRIORITIZE THESE ACTIVITIES. THE CITIZENS RESEARCH COUNCIL ANALYZED DETROIT'S ECONOMIC WELLBEING AND THE ECONOMIC DEVELOPMENT TOOLS IT EMPLOYS TO FACILITATE FUTURE GROWTH. THREE PAPERS WERE PUBLISHED THAT 1) ESTABLISHED THAT THE CITY IS ON THE UPSWING BUT STILL LAGS BEHIND IN ECONOMIC STRENGTH AND THE WEALTH OF ITS RESIDENTS; 2) CRITIQUED THE PRACTICES OF THE DETROIT DOWNTOWN DEVELOPMENT AUTHORITY AND MADE RECOMMENDATIONS TO IMPROVE THE FINANCIAL WELL-BEING OF THE CITY, COUNTY, AND OTHER OVERLAPPING JURISDICTIONS; AND 3) CRITIQUED THE CITY'S USE OF TAX ABATEMENTS TO FACILITATE JOB CREATION AND RETURN ABANDONED OR UNDER-UTILIZED BUILDINGS TO PRODUCTIVE USE. THE RESEARCH COUNCIL DOCUMENTED INEQUITIES AND FAILINGS IN GETTING FEDERAL AND STATE AT-RISK FUNDING TO THE BUILDINGS AND CLASSROOMS WHERE AT-RISK STUDENTS ATTEND SCHOOLS. IT IDENTIFIED THE CAUSES OF THE SHORTCOMINGS AND RECOMMENDED POLICIES TO REMEDIATE THE PROBLEMS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,231,176 | $1,423,944 | -0.1% |
| Expenses | $1,321,973 | $1,345,203 | 0.0% |
| Net Income | $-90,797 | $78,741 | -2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHASE L CANTRELL | CHAIR (RESIGNED 06/2024) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLEE KVORIAK | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS G KYROS | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHAN W CURRIE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARNELL ADAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA M BASSETT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NATHAN BENEDICT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAWRENCE N BLUTH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK BURTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL P DOMENICUCCI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ZENNA ELHASAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD A FAVOR JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN D FILLINGHAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY LYNN FOSTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT GILLARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARITA HATTEM-SCHIFFMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN HEARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL HORRIGAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EARLE WIN IRWIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW JOHNSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK KHOURI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAUREN LAPINE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMIE LARSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK MCGOW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID PALSROK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA ROBINSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLI SAUNDERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NEIL SHERIDAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY STAMAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY STOUTENBURG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT THALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AYA WALLER-BEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KENNETH ZENDEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC LUPHER | PRESIDENT/SECRETARY | 40.00 |
Officer
|
$174,740 | $13,097 | $187,837 |
| CRAIG THIEL | RESEARCH DIRECTOR | 40.00 |
Highest
|
$104,204 | $5,728 | $109,932 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,231,176 | $1,321,973 | $4,043,290 | $-90,797 |
| 2023 | $1,423,944 | $1,345,203 | $3,989,155 | $78,741 |
| 2022 | $1,342,091 | $1,191,600 | $3,903,032 | $150,491 |
| 2021 | $1,498,971 | $915,077 | $4,492,512 | $583,894 |
| 2020 | $1,071,313 | $867,868 | $3,733,300 | $203,445 |
| 2019 | $1,271,327 | $956,407 | $3,368,748 | $314,920 |
| 2018 | $860,023 | $879,019 | $2,909,178 | $-18,996 |
Compare CITIZENS RESEARCH COUNCIL OF MICHIGAN INC with other nonprofits in Michigan and across the country.