LEAGUE OF MICHIGAN BICYCLISTS INC

EIN: 382418387 501(c)(3)

LANSING, MI

Total Revenue
$1,024,087
Total Expenses
$1,057,906
Total Assets
$563,123
Net Assets
$384,986
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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
1982
Legal Domicile
MI
Principal Officer
JEFF WIRTH
Phone
5173349100
Tax Period
2023-01-01 to 2023-12-31

LEAGUE OF MICHIGAN BICYCLISTS INC, founded in 1982, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

TO PROMOTE BICYCLING AND THE RIGHTS OF BICYCLISTS ON THE ROADWAYS IN 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $544,751
Program Service Revenue $445,974
Investment Income $22,584
Other Revenue $10,778
TOTAL REVENUE $1,024,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $502,841
Fundraising Expenses $70,386
Program Expenses $821,412
Other Expenses $555,065
TOTAL EXPENSES $1,057,906

Year-over-Year Comparison

2023 2022 Change
Revenue $1,024,087 $1,102,749 -0.1%
Expenses $1,057,906 $995,491 +0.1%
Net Income $-33,819 $107,258 -1.3%
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

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Governance

Voting Members
15
Independent Members
15
Employees
9
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
5
$97,891
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA WERKMAN CHAIR 4.00
Officer Director
$0 $0 $0
STEVE HANNON VICE CHAIR 2.00
Officer Director
$0 $0 $0
NORM COX SECRETARY 2.00
Officer Director
$0 $0 $0
JEFF WIRTH TREASURER 2.00
Officer Director
$0 $0 $0
BARB ANDERSON DIRECTOR 0.50
Director
$0 $0 $0
TRACY BESEK DIRECTOR 0.50
Director
$0 $0 $0
BETH BRANDVAIN DIRECTOR 0.50
Director
$0 $0 $0
JASON HALL DIRECTOR 0.50
Director
$0 $0 $0
MARTEL POSEY DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL REUTER DIRECTOR 0.50
Director
$0 $0 $0
ASHA RITCHIE DIRECTOR FRO 0.50
Director
$0 $0 $0
LARRY PRANGE DIRECTOR FRO 0.50
Director
$0 $0 $0
ANNETTE WALKER DIRECTOR THR 0.50
Director
$0 $0 $0
NANCY SHORT DIRECTOR THR 0.50
Director
$0 $0 $0
MEREDITH BEGIN DIRECTOR THR 0.50
Director
$0 $0 $0
JOHN LINDENMAYER EXECUTIVE DI 40.00
Officer
$95,040 $2,851 $97,891
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
2023 $1,024,087 $1,057,906 $563,123 $-33,819
2022 $1,092,370 $980,222 $720,354 $112,148
2022 $1,102,749 $995,491 $725,360 $107,258
2021 $479,893 $397,961 $708,331 $81,932
2021 $479,392 $397,961 $708,331 $81,431
2020 $373,906 $430,793 $659,193 $-56,887
2020 $386,993 $416,461 $654,646 $-29,468
2019 $778,842 $759,229 $337,219 $19,613
2019 $725,737 $761,575 $308,652 $-35,838
2018 $625,618 $593,374 $349,646 $32,244
2018 $602,562 $592,052 $349,744 $10,510
2017 $561,746 $552,543 $289,920 $9,203
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