MICHIGAN ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS (EIN 381624760) - 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

1911

Legal Domicile

Principal Officer

WENDY ZDEB

Phone

5173275315

Tax Period

2023-07-01 to 2024-06-30

MICHIGAN ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS, founded in 1911, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2023.

Mission

TO PROVIDE EDUCATIONAL PROGRAMS AND TECHNICAL SUPPORT TO THE SECONDARY SCHOOL SYSTEM OF MICHIGAN.

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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 $144,300

Program Service Revenue $4,519,491

Investment Income $108,163

Other Revenue $28,209

TOTAL REVENUE $4,800,163

Expense Breakdown

Grants Paid $12,500

Salaries & Benefits $2,681,931

Fundraising Expenses $0

Program Expenses $3,858,454

Other Expenses $2,059,905

TOTAL EXPENSES $4,754,336

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,800,163	$4,568,811	+0.1%
Expenses	$4,754,336	$4,276,751	+0.1%
Net Income	$45,827	$292,060	-0.8%

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

$317,258

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WENDY ZDEB	EXECUTIVE DIRECTOR	40.00	Officer	$238,587	$78,671	$317,258
NINA DAVIS	ASSOCIATE DIR. OF MEMBER SERVICES & MIDDLE LEVEL	40.00	Highest	$134,306	$47,561	$181,867
MIKE BREWER	DIR. OF BUSINESS & OPERATI	40.00	Highest	$135,315	$33,963	$169,278
THOMAS LIETZ	ASSOCIATE DIR. OF TRAINING & DEVELOPMENT	40.00	Highest	$144,429	$49,621	$194,050
MATTHEW ALLEY	ASSOCIATE DIR. OF STUDENT SERVICES	40.00	Highest	$125,686	$28,569	$154,255
COLIN RIPMASTER	DEPUTY EXECUTIVE DIRECTOR	40.00	Highest	$191,890	$76,511	$268,401
JEFFREY DYKHOUSE	DIRECTOR	1.00	Director	$0	$0	$0
VALERIE BOGGAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LINDBECK	DIRECTOR	1.00	Director	$0	$0	$0
HEYAM ALCODRAY	DIRECTOR	1.00	Director	$0	$0	$0
JOE ESPER	DIRECTOR	1.00	Director	$0	$0	$0
TIELA SCHURMAN	DIRECTOR	1.00	Director	$0	$0	$0
JASON SCHROCK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LEITER	DIRECTOR	1.00	Director	$0	$0	$0
BRAD HALE	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE CARTER	DIRECTOR	1.00	Director	$0	$0	$0
BEN BERGER	DIRECTOR	1.00	Director	$0	$0	$0
AMY HENDRY	DIRECTOR	1.00	Director	$0	$0	$0
MARTY BULGER	DIRECTOR	1.00	Director	$0	$0	$0
JASON LARSEN	DIRECTOR	1.00	Director	$0	$0	$0
TODD DISTELRATH	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
THERESA STAGER	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS THOMSEN	DIRECTOR	1.00	Director	$0	$0	$0
TRACY WILSON	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG BLOWER	DIRECTOR	1.00	Director	$0	$0	$0
JAY VESPERMAN	DIRECTOR	1.00	Director	$0	$0	$0
DANELLE SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
JASON MESSENGER	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JOLYNN CLARK	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
TODD SIMMONS	PRESIDENT	1.00	Officer 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
2025	No data	No data	No data	No data
2024	$4,800,163	$4,754,336	$6,089,995	$45,827
2023	$4,568,811	$4,276,751	$5,868,644	$292,060
2022	$3,519,548	$3,341,169	$5,326,723	$178,379
2021	$2,609,573	$2,865,095	$5,427,653	$-255,522
2020	$3,533,782	$3,287,853	$5,477,371	$245,929
2019	$3,719,915	$3,385,430	$4,778,541	$334,485

MICHIGAN ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS