PLANNED PARENTHOOD OF MICHIGAN

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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

1939

Legal Domicile

Principal Officer

PAULA THORNTON GREEAR

Phone

7349264800

Tax Period

2022-07-01 to 2023-06-30

PLANNED PARENTHOOD OF MICHIGAN, founded in 1939, is a mid-sized nonprofit in the Health Care sector that reported $26.4M in total revenue in fiscal year 2022.

Mission

PLANNED PARENTHOOD OF MICHIGAN WORKS TO ENSURE FULL ACCESS TO SEXUAL AND REPRODUCTIVE HEALTH CARE FOR ALL PEOPLE THROUGH MEDICAL SERVICES, EDUCATION AND ADVOCACY.

Program Service Accomplishments

Program 1

Expenses: $15,692,386 Revenue: $11,320,640

MEDICAL SERVICES - EXAMS, SURGICAL SERVICES, AND SALE OF CONTRACEPTIVES, ALL OF WHICH PROMOTE THE GOALS OF THE PATIENT'S FAMILY PLANNING NEEDS.

Program 2

Expenses: $1,266,617 Revenue: $104,973

RESEARCH AND EDUCATION SERVICES - CONDUCT RESEARCH AND EDUCATE PATIENTS AND THE GENERAL PUBLIC IN THE AREA OF FAMILY PLANNING.

Program 3

Expenses: $2,419,670

PUBLIC AFFAIRS - WORKS TO PROTECT AND ENHANCE THE ABILITY OF PPMI TO DELIVER COMPREHENSIVE REPRODUCTIVE HEALTH SERVICES BY EDUCATING SUPPORTERS AND THE PUBLIC TO AFFECT PUBLIC POLICY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $14,594,931

Program Service Revenue $11,425,613

Investment Income $261,069

Other Revenue $98,198

TOTAL REVENUE $26,379,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,686,328

Fundraising Expenses $2,109,262

Program Expenses $23,053,334

Other Expenses $13,095,865

TOTAL EXPENSES $28,782,193

Year-over-Year Comparison

	2022	2021	Change
Revenue	$26,379,811	$25,143,322	+0.0%
Expenses	$28,782,193	$24,325,673	+0.2%
Net Income	$-2,402,382	$817,649	-3.9%

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

306

Volunteers

200

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

$1,517,423

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD PARFET	ASST - TREASURER	1.00	Officer Director	$0	$0	$0
CAROL GOSS	AT-LARGE	1.00	Director	$0	$0	$0
DENISE JACOB	AT-LARGE	1.00	Director	$0	$0	$0
BRIAN WEISMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KAMILAH DAVIS-WILSON	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA MERCADO JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER LUNDEEN	BOARD MEMBER	1.00	Director	$0	$0	$0
HELEN KATZ	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDRA HOWARD	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL BRODSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN HEBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH SCHONBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
CYNTHIA FORD	BOARD MEMBER	1.00	Director	$0	$0	$0
AAQUILA BUFFINGTON-SHEPARD	BOARD MEMBER	1.00	Director	$0	$0	$0
AURA CAZARES	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY MOORHEAD	BOARD MEMBER	1.00	Director	$0	$0	$0
STEEVE BUCKRIDGE	CHAIR	1.00	Officer Director	$0	$0	$0
JACQULYN HIPPE	SECRETARY	1.00	Officer Director	$0	$0	$0
EUGENE CRONIN	SECRETARY	1.00	Officer Director	$0	$0	$0
JULIE FUNKE	TREASURER	1.00	Officer Director	$0	$0	$0
DENISE ANN THAL	CFO	45.00	Officer	$286,203	$26,012	$312,215
JAMES NORTON JR	CHIEF DEVELOPMENT OFFICER	45.00	Officer	$177,750	$9,520	$187,270
DANIELLE BESSANT	CHIEF EXPERIENCE OFFICER	45.00	Officer	$115,155	$12,820	$127,975
SARAH WALLETT	CHIEF MEDICAL OFFICER	45.00	Officer	$364,101	$27,312	$391,413
NICOLE WELLS STALLWORTH	ED, PPAM AND VP OF ADVOCACY	23.00	Officer	$175,841	$17,800	$193,641
PAULA THORNTON GREEAR	PRESIDENT/ CEO	40.00	Officer	$172,683	$9,135	$181,818
CHERIE SEITZ	VP OF EDUCATION AND OUTREACH	45.00	Officer	$114,835	$8,256	$123,091
KATHERINE STARR	ASSOCIATE MEDICAL DIRECTOR	37.50	Highest	$285,774	$7,182	$292,956
LAURA CASTLEMAN	ASSOCIATE MEDICAL DIRECTOR	37.50	Highest	$261,476	$5,285	$266,761
HALLEY CRISSMAN	ASSOCIATE MEDICAL DIRECTOR	37.50	Highest	$202,769	$4,055	$206,824
TAMARA HAMEL	CONTROLLER	45.00	Highest	$162,877	$5,914	$168,791
NOREEN PAHOLAK	SR DIRECTOR OF MAJOR GIFTS	45.00	Highest	$135,685	$9,587	$145,272
LORI CARPENTIER	FORMER PRESIDENT/ CEO	45.00		$201,650	$0	$201,650

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	No data	No data	No data	No data
2023	$26,379,811	$28,782,193	$33,737,886	$-2,402,382
2022	$25,143,322	$24,325,673	$33,783,596	$817,649
2021	$14,901,222	$16,099,560	$37,353,183	$-1,198,338
2020	$22,534,925	$20,618,464	$35,621,142	$1,916,461
2019	$24,297,187	$21,791,353	$30,500,733	$2,505,834
2018	$23,386,737	$20,205,177	$27,781,432	$3,181,560