MICHIGAN EDUCATION SPECIAL SERVICES ASSN (EIN 381641634) - 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

1960

Legal Domicile

Principal Officer

ROSS WILSON

Phone

5173326551

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN EDUCATION SPECIAL SERVICES ASSN, founded in 1960, is a large national nonprofit that reported $1.4B in total revenue in fiscal year 2024.

Mission

TO PROVIDE MEMBERS WITH GROUP INSURANCE BENEFITS.

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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 $0

Program Service Revenue $1,350,668,217

Investment Income $24,022,381

Other Revenue $0

TOTAL REVENUE $1,374,690,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,060,087

Fundraising Expenses $0

Other Expenses $22,208,135

TOTAL EXPENSES $1,468,367,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,374,690,598	$1,309,379,430	+0.0%
Expenses	$1,468,367,509	$1,373,427,775	+0.1%
Net Income	$-93,676,911	$-64,048,345	+0.5%

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

398

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

$361,665

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSS WILSON	EXECUTIVE DIRECTOR	40.00	Officer	$283,233	$78,432	$361,665
DAVID WEISMANTEL	MEDICAL DIRECTOR	40.00	Highest	$252,740	$54,870	$307,610
MATT NYQUIST	DIRECTOR OF HEALTH PLAN OP	40.00	Highest	$229,171	$72,345	$301,516
KAREN SCHULZ	DIRECTOR OF MEMBER SERVICE	40.00	Highest	$225,322	$72,345	$297,667
JOSEPH FIRESTONE	GENERAL COUNSEL	40.00	Highest	$223,296	$65,369	$288,665
DAVID ZOLINSKI	DIRECTOR OF IT DELIVERY	40.00	Highest	$215,939	$67,306	$283,245
CANDICE RIDLEY	TRUSTEE	5.00	Director	$0	$0	$0
BOB CALLENDER	TRUSTEE	5.00	Director	$0	$0	$0
ROY FREEMAN	TRUSTEE	5.00	Director	$0	$0	$0
MARCIA MACKEY	TRUSTEE	5.00	Director	$0	$0	$0
JESSYCA MATHEWS	TRUSTEE	5.00	Director	$0	$0	$0
RICH VANDER KLOK	TRUSTEE	5.00	Director	$0	$0	$0
BECKY KENNEDY	TRUSTEE (ENDED 08/24)	5.00	Director	$0	$0	$0
AARON ELING	TRUSTEE	5.00	Director	$0	$0	$0
BRETT SMITH	TRUSTEE	5.00	Director	$0	$0	$0
DEVEN PARRISH	TRUSTEE	5.00	Director	$0	$0	$0
CHANDRA MADAFFERI	TRUSTEE	5.00	Director	$0	$0	$0
CHARLOTTE TILLERSON	TRUSTEE	5.00	Director	$0	$0	$0
BECKY NEWELL	TRUSTEE (ENDED 07/24)	5.00	Director	$0	$0	$0
ERIC GHIGGIA	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
SARAH CARTER	PRESIDENT	5.00	Officer Director	$0	$0	$0
LISA WELCH	PRESIDENT (ENDED 07/24)	5.00	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
2024	$1,374,690,598	$1,468,367,509	$757,257,126	$-93,676,911
2023	$1,309,379,430	$1,373,427,775	$790,549,422	$-64,048,345
2022	$1,264,034,575	$1,263,215,692	$749,863,500	$818,883
2021	$1,230,720,543	$1,190,053,420	$876,609,590	$40,667,123
2020	$1,163,668,963	$1,080,563,685	$824,142,549	$83,105,278
2019	$1,129,888,396	$1,106,436,724	$733,822,981	$23,451,672
2018	$1,175,592,382	$1,148,925,733	$581,141,046	$26,666,649

MICHIGAN EDUCATION SPECIAL SERVICES ASSN