MICHIGAN MINORITY PURCHASING COUNCIL D/B/A MMSDC (EIN 382292187) - 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

1980

Legal Domicile

Principal Officer

MICHELLE SOURIE ROBINSON

Phone

3138733200

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN MINORITY PURCHASING COUNCIL D/B/A MMSDC, founded in 1980, is a community nonprofit in the Community Improvement sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $6.1M exceeded revenue, resulting in a 79% operating deficit.

Mission

THE MICHIGAN MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,411,589

Program Service Revenue $818,234

Investment Income $103,453

Other Revenue $94,861

TOTAL REVENUE $3,428,137

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,917,504

Fundraising Expenses $310,650

Program Expenses $5,543,804

Other Expenses $4,218,079

TOTAL EXPENSES $6,135,583

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,428,137	$5,420,735	-0.4%
Expenses	$6,135,583	$5,471,061	+0.1%
Net Income	$-2,707,446	$-50,326	+52.8%

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

117

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

$375,710

Total Directors

$375,710

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDRA RUSH	BOARD MEMBER	1.00	Director	$0	$0	$0
ARTHUR DUDLEY ESQ	SECRETARY	1.00	Officer Director	$0	$0	$0
ARTHUR MCCLELLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CARLA NEFF	BOARD MEMBER	1.00	Director	$0	$0	$0
DANTE CROCKETT	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF MORRISON	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
JIM ROBERTS	TREASURER	1.00	Officer Director	$0	$0	$0
KATHRYN MICHELLE SOURIE JOHNSON	PRESIDENT/CEO	37.50	Officer Director	$345,845	$29,865	$375,710
LINZIE VENEGAS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCUS LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARLO VITOUS	BOARD MEMBER	1.00	Director	$0	$0	$0
RISHIE MODI	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT YOUNG	CHAIR	1.00	Officer Director	$0	$0	$0
RON SHAHANI	BOARD MEMBER	1.00	Director	$0	$0	$0
SYLVESTER HESTER	MBEIC CHAIR	1.00	Officer Director	$0	$0	$0
TAMARA HICKS	BOARD MEMBER	1.00	Director	$0	$0	$0
TEKISHA LEE	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY JOSHUA	BOARD MEMBER	1.00	Director	$0	$0	$0
TRAVIS SPENCER	BOARD MEMBER	1.00	Director	$0	$0	$0
VARCHASVI SHANKAR	BOARD MEMBER	1.00	Director	$0	$0	$0
TERESA LEFEVRE	BOARD MEMBER	1.00	Director	$0	$0	$0
CASSANDRA ALSON-CHILDS	BOARD MEMBER	1.00	Director	$0	$0	$0
HELENA HUTTON	BOARD MEMBER	1.00	Director	$0	$0	$0
CASSAUNDRA SIMS	BOARD MEMBER	1.00	Director	$0	$0	$0
BRUNO OLVERA	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SHOWS	HEAD OF STRATEGIC GROWTH	37.50	Highest	$116,549	$0	$116,549
TAMEKA WILLIAMSON	VP, OPERATING EXCELLENCE	37.50	Highest	$153,194	$9,344	$162,538
WILLIAM GRICE	VICE PRESIDENT & EXECUTIVE	37.50	Highest	$233,371	$22,562	$255,933
TERI BRADDOCK	HEAD OF CERTIFICATION & MB	1.00	Highest	$114,504	$26,456	$140,960

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	No data	No data	No data	No data
2023	$3,428,137	$6,135,583	$4,658,975	$-2,707,446
2022	$5,420,735	$5,471,061	$6,546,503	$-50,326
2021	$4,755,954	$4,633,617	$7,170,599	$122,337
2020	$4,087,908	$3,844,347	$6,312,018	$243,561
2019	$3,435,547	$3,034,860	$5,661,056	$400,687
2018	$3,528,120	$3,555,543	$4,687,244	$-27,423

MICHIGAN MINORITY PURCHASING COUNCIL D/B/A MMSDC