MICHIGAN INDIAN EMPLOYMENT AND TRA… - Form 990 Financial Data

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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

1979

Legal Domicile

Principal Officer

STEVE PARSONS

Phone

2317227769

Tax Period

2024-07-01 to 2025-06-30

MICHIGAN INDIAN EMPLOYMENT AND TRAINING SERVICES INC, founded in 1979, is a small nonprofit in the Employment sector that reported $349K in total revenue in fiscal year 2024. Expenses of $336K left a modest 4% surplus.

Mission

MIETS IS A NONPROFIT ORGANIZATION FORMED TO SERVE THE EMPLOYMENT NEEDS OF THE NATIVE AMERICAN POPULATION IN THE STATE OF MICHIGAN.

Program Service Accomplishments

Program 1

Expenses: $278,815

TO PROVIDE EDUCATION AND TRAINING OPPORTUNITIES TO SERVE THE EMPLOYMENT NEEDS OF THE NATIVE AMERICAN POPULATION OF THE STATE OF MICHIGAN. THE PROGRAM BENEFITED ABOUT 50 PARTICIPANTS.

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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 $348,634

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $348,639

Expense Breakdown

Grants Paid $9,283

Salaries & Benefits $235,880

Fundraising Expenses $0

Program Expenses $278,815

Other Expenses $91,228

TOTAL EXPENSES $336,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$348,639	$359,530	0.0%
Expenses	$336,391	$355,501	-0.1%
Net Income	$12,248	$4,029	+2.0%

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

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

$86,922

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALE ANDERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CONSTANCE SAGATAW	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JUNE MAMAGONA FLETCHER	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
STEVE PARSONS	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARY CODY-GIBSON	EXECUTIVE DIRECTOR	40.00	Officer	$72,106	$14,816	$86,922

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	$348,639	$336,391	$30,278	$12,248
2024	No data	No data	No data	No data
2023	$356,915	$360,780	$17,715	$-3,865
2022	$294,063	$291,228	$14,732	$2,835
2021	$290,083	$287,929	$23,909	$2,154
2020	$286,975	$283,979	$16,532	$2,996
2019	$263,701	$269,345	$24,634	$-5,644

MICHIGAN INDIAN EMPLOYMENT AND TRAINING SERVICES INC