MARQUETTE BUILDERS EXCHANGE (EIN 381800486) - 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

1950

Legal Domicile

Principal Officer

BRYCE WHITE

Phone

9062261140

Tax Period

2025-01-01 to 2025-12-31

MARQUETTE BUILDERS EXCHANGE, founded in 1950, is a small nonprofit that reported $244K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. Expenses of $235K left a modest 3% surplus.

Mission

TO PROMOTE THE ECONOMIC DEVELOPMENT OF THE CONSTRUCTION INDUSTRY IN THE UPPER PENINSULA OF MICHIGAN THROUGH FOSTERING BUSINESS RELATIONSHIPS, ENCOURAGING ETHICAL CONDUCT AND PROMOTING INTEGRITY AND RESPONSIBILITY IN THE CONSTRUCTION INDUSTRY. OBJECTIVES OF THE ORGANIZATION INCLUDE ACTING AS A REPOSITORY OF INFORMATION FOR THE INDUSTRY, SUPPORTING LOCAL CONTRACTORS AND SUPPLIERS, MAINTAINING A COMMUNICATION NETWORK WITH OTHER GROUPS, ASSOCIATIONS AND PROFESSIONAL SOCIETEIES AND PROVIDING FACILITIES FOR CONCERTED ACTION ON QUESTIONS OF GENERAL CONCERN TO THE CONSTRUCTION INDUSTRY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $216,324

Investment Income $18,883

Other Revenue $8,505

TOTAL REVENUE $243,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,111

Fundraising Expenses $0

Other Expenses $74,090

TOTAL EXPENSES $235,201

Year-over-Year Comparison

	2025	2024	Change
Revenue	$243,712	$293,087	-0.2%
Expenses	$235,201	$216,955	+0.1%
Net Income	$8,511	$76,132	-0.9%

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

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

$151,395

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER LAMMI	EXECUTIVE DI	40.00	Director	$66,278	$14,690	$80,968
ARIC SUNDQUIST	TECHNICAL MA	40.00	Director	$58,062	$12,365	$70,427
NATHAN CLISCH	TREASURER	N/A	Officer Director	$0	$0	$0
WADE CROSS	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTOPHER GRIGAS	DIRECTOR	N/A	Director	$0	$0	$0
MEGAN MORRISON	DIRECTOR	N/A	Director	$0	$0	$0
KEN OHMAN	DIRECTOR	N/A	Director	$0	$0	$0
TREVOR POUPORE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JAKE ROBERTS	DIRECTOR	N/A	Director	$0	$0	$0
ADAM SAARI	DIRECTOR	N/A	Director	$0	$0	$0
BRYCE WHITE	PRESIDENT	N/A	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	$243,712	$235,201	$665,981	$8,511
2024	$293,087	$216,955	$609,451	$76,132
2023	$234,303	$194,912	$533,667	$39,391
2022	$187,468	$179,535	$436,188	$7,933
2021	$213,520	$176,030	$538,265	$37,490
2020	$221,930	$157,451	$491,477	$64,479
2019	$217,296	$180,586	$389,853	$36,710
2018	$200,876	$168,114	$321,758	$32,762

MARQUETTE BUILDERS EXCHANGE