MICHIGAN CABLE TELECOMMUNICATIONS ASSOCIATION (EIN 382375437) - 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

NATHAN KARK

Phone

5174822622

Tax Period

2025-01-01 to 2025-12-31

MICHIGAN CABLE TELECOMMUNICATIONS ASSOCIATION, founded in 1981, is a small nonprofit that reported $884K in total revenue in fiscal year 2025.

Mission

PROMOTE, FOSTER, AND PROTECT COMMON CABLE TELECOMMUNICATION INDUSTRY INTERESTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $852,840

Investment Income $31,170

Other Revenue $0

TOTAL REVENUE $884,010

Expense Breakdown

Grants Paid $12,364

Salaries & Benefits $371,196

Fundraising Expenses $0

Other Expenses $532,991

TOTAL EXPENSES $916,551

Year-over-Year Comparison

	2025	2024	Change
Revenue	$884,010	$870,349	+0.0%
Expenses	$916,551	$850,023	+0.1%
Net Income	$-32,541	$20,326	-2.6%

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

$228,556

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BRADY	DIRECTOR	1.00	Director	$0	$0	$0
ADAM RASCHKA	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG D'AGOSTINI	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN PASSMORE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MATTHEW J GROEN	PRESIDENT/SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
NATHAN KARK	EXECUTIVE DIRECTOR	50.00	Officer	$198,421	$30,135	$228,556

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	$884,010	$916,551	$1,556,958	$-32,541
2024	No data	No data	No data	No data
2023	$877,948	$857,433	$1,607,438	$20,515
2022	$905,453	$835,662	$1,574,246	$69,791
2021	$922,437	$822,476	$1,511,305	$99,961
2020	$894,343	$770,291	$1,356,404	$124,052
2019	$880,696	$836,222	$1,257,994	$44,474
2018	$897,605	$972,708	$1,275,242	$-75,103

MICHIGAN CABLE TELECOMMUNICATIONS ASSOCIATION