ALPENA EDUCATION ASSOCIATION

EIN: 381970877

ALPENA, MI

Total Revenue
$30,424
Total Expenses
$23,895
Total Assets
$155,807
Net Assets
$155,807
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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
1974
Legal Domicile
MI
Tax Period
2018-01-01 to 2018-12-31

ALPENA EDUCATION ASSOCIATION, founded in 1974, is a micro nonprofit that reported $30K in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $7K, a strong 21% operating margin.

Mission

EDUCATIONAL

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $20,574
Investment Income $6,563
Other Revenue $3,287
TOTAL REVENUE $30,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,988
Fundraising Expenses $0
Other Expenses $7,907
TOTAL EXPENSES $23,895

Year-over-Year Comparison

2018 2017 Change
Revenue $30,424 $32,134 -0.1%
Expenses $23,895 $24,811 0.0%
Net Income $6,529 $7,323 -0.1%
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

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Governance

Voting Members
127
Independent Members
127
Employees
1
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL MARCINIAK TREASURER 4.00
Officer
$0 $0 $0
MARY T DAOUST PRESIDENT 12.00
Officer
$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
2018 $30,424 $23,895 $155,807 $6,529
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