ART REACH OF MID MICHIGAN (EIN 382206477) - 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

1981

Legal Domicile

Principal Officer

SARA DOSENBERRY

Phone

9897733689

Tax Period

2024-01-01 to 2024-12-31

ART REACH OF MID MICHIGAN, founded in 1981, is a small nonprofit that reported $239K in total revenue in fiscal year 2024. Expenses of $332K exceeded revenue, resulting in a 39% operating deficit.

Mission

COMMUNITY ART CENTER ORGANIZED TO PROMOTE, STIMULATE AND ENCOURAGE INVOLVEMENT, APPRECIATION, ENJOYMENT AND UNDERSTANDING OF THE ARTS IN MID-MICHIGAN

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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 $133,666

Program Service Revenue $52,137

Investment Income $876

Other Revenue $52,635

TOTAL REVENUE $239,314

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,316

Fundraising Expenses $29,511

Program Expenses $70,552

Other Expenses $160,096

TOTAL EXPENSES $332,412

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,314	$239,092	+0.0%
Expenses	$332,412	$301,480	+0.1%
Net Income	$-93,098	$-62,388	+0.5%

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

$62,660

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE PUNG	TRUSTEE	1.00	Director	$0	$0	$0
JEFF HOYLE	DIRECTOR	1.00	Director	$0	$0	$0
SARA DOSENBERRY	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARY LU YARDLEY	SECRETARY	1.00	Director	$0	$0	$0
SCOTT MERTES	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
DEBORAH DORN	TRUSTEE	1.00	Director	$0	$0	$0
SANDY OLSON	TRUSTEE	1.00	Director	$0	$0	$0
CAROL SANTINI	DIRECTOR	1.00	Director	$0	$0	$0
LINDA BEARD	TRUSTEE	1.00	Director	$0	$0	$0
JEFF BEST	DIRECTOR	1.00	Director	$0	$0	$0
JUDY FRENCH SMITH	TRUSTEE	1.00	Director	$0	$0	$0
TINA GAILLARD	TREASURER	1.00	Officer Director	$0	$0	$0
DAN GAKEN	DIRECTOR	1.00	Director	$0	$0	$0
DELPHINE ROSSIGNOL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAIGE ROTHAUS	DIRECTOR	1.00	Director	$0	$0	$0
GREG STARRY	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON WAHR	DIRECTOR	1.00	Director	$0	$0	$0
LIZ CONWAY	TRUSTEE	1.00	Director	$0	$0	$0
LINDA MOREY	TRUSTEE	1.00	Director	$0	$0	$0
KIMBER BADERTSCHER	DIRECTOR	1.00	Director	$0	$0	$0
JACLYN HELMER	DIRECTOR	1.00	Director	$0	$0	$0
JEANNE LONG	TRUSTEE	1.00	Director	$0	$0	$0
AMY POWELL	EXECUTIVE DIRECTOR	40.00	Officer	$62,660	$0	$62,660

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	$239,314	$332,412	$970,223	$-93,098
2023	$239,092	$301,480	$1,036,102	$-62,388
2022	$254,909	$288,865	$1,077,855	$-33,956
2021	$241,271	$248,541	$1,145,211	$-7,270
2020	$230,102	$245,413	$1,120,350	$-15,311
2020	$230,102	$245,413	$1,120,350	$-15,311
2019	$223,218	$239,645	$1,122,166	$-16,427
2018	$210,873	$256,498	$1,122,455	$-45,625

ART REACH OF MID MICHIGAN