MEN OF THE SACRED HEARTS MICHIGAN CHAPTER (EIN 382199769) - 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

1964

Legal Domicile

Principal Officer

DAVID TAY

Phone

5862648550

Tax Period

2020-01-01 to 2020-12-31

MEN OF THE SACRED HEARTS MICHIGAN CHAPTER, founded in 1964, is a small nonprofit in the Religion sector that reported $140K in total revenue in fiscal year 2020. Revenue fell 62% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION IS A PRIVATE ASSOCIATION OF CATHOLIC LAYMEN UNITED SPIRITUALLY TO HELP SPREAD THE KINGDOM OF CHRIST BY ENTHRONING FAMILIES, SCHOOLS AND BUSINESSES TO THE SACRED HEART OF JESUS THROUGH THE IMMACULATE HEART OF MARY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $102,658

Program Service Revenue $33,420

Investment Income $4,278

Other Revenue $0

TOTAL REVENUE $140,356

Expense Breakdown

Grants Paid $13,000

Salaries & Benefits $64,481

Fundraising Expenses $0

Program Expenses $25,401

Other Expenses $66,629

TOTAL EXPENSES $144,110

Year-over-Year Comparison

	2020	2019	Change
Revenue	$140,356	$366,309	-0.6%
Expenses	$144,110	$149,941	0.0%
Net Income	$-3,754	$216,368	-1.0%

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

$41,583

Total Directors

$41,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID TAY	CHAIRMAN OF THE BOARD	40.00	Officer Director	$41,583	$0	$41,583
FR MARKO DJONOVIC	CHAPLAIN	0.35	Director	$0	$0	$0
KERRY SCHAEFFNER	PRESIDENT	0.35	Officer Director	$0	$0	$0
WALTER GRENCE	VICE PRESIDENT	0.35	Officer Director	$0	$0	$0
MIKE CARR	SECRETARY	0.35	Officer Director	$0	$0	$0
DERICK GREMBI	MEMBER AT LARGE	0.35	Director	$0	$0	$0
JIM NIHEM	TREASURER	0.35	Officer Director	$0	$0	$0
RAYMOND KETTEL	MEMBER AT LARGE	0.35	Director	$0	$0	$0
RICHARD HERBERT	MEMBER AT LARGE	0.35	Director	$0	$0	$0
JOE BAUER	MEMBER AT LARGE	0.35	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
2020	$140,356	$144,110	$275,244	$-3,754
2019	$366,309	$149,941	$282,093	$216,368

MEN OF THE SACRED HEARTS MICHIGAN CHAPTER