MICHIGAN SPORTS HALL OF FAME

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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

1954

Legal Domicile

Principal Officer

MICHAEL BILL

Phone

8106023055

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN SPORTS HALL OF FAME, founded in 1954, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $88K in total revenue in fiscal year 2024. Expenses of $101K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MICHIGAN SPORTS HALL OF FAME IS COMPRISED OF OVER 300 FORMER CHAMPIONS, MEDALISTS, AND GREAT CONTRIBUTORS TO THE WORLD OF SPORTS. THE MICHIGAN SPORTS HALL OF FAME ASPIRES TO BECOME THE PREMIER ORGANIZATION IN OUR INDUSTRY AND THE MODEL FOR WHICH OTHERS STRIVE TO EMULATE.

Program Service Accomplishments

Program 1

Expenses: $80,840

HALL OF FAME INDUCTION CEREMONY AND AUXILLARY EVENTS

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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 $79,158

Investment Income $12

Other Revenue $8,881

TOTAL REVENUE $88,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $11,370

Program Expenses $80,840

Other Expenses $101,164

TOTAL EXPENSES $101,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$88,051	$83,208	+0.1%
Expenses	$101,164	$127,406	-0.2%
Net Income	$-13,113	$-44,198	-0.7%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT LESHER	CHAIRMAN	003.00	Officer Director	$0	$0	$0
JORDAN FIELD	PRESIDENT	003.00	Officer Director	$0	$0	$0
MICHAEL BILL	SECRETARY	001.00	Officer Director	$0	$0	$0
SJONNE' BADGEROW	DIRECTOR	001.00	Director	$0	$0	$0
ROBERT CARR	DIRECTOR	001.00	Director	$0	$0	$0
LEAH EMMONS	DIRECTOR	001.00	Director	$0	$0	$0
BRAD FAIN	DIRECTOR	001.00	Director	$0	$0	$0
MATT FRIEDMAN	DIRECTOR	001.00	Director	$0	$0	$0
RYAN HUDSON-PERALTA	DIRECTOR	001.00	Director	$0	$0	$0
HEATHER MARTIN	DIRECTOR	001.00	Director	$0	$0	$0
LAUREN POBER	DIRECTOR	001.00	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	$88,051	$101,164	$919,930	$-13,113
2023	$83,208	$127,406	$933,043	$-44,198
2022	$98,268	$96,400	$977,241	$1,868