MICHIGAN DYSLEXIA INSTITUTE INC (EIN 382424612) - 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

1982

Legal Domicile

Principal Officer

MARSHA HOWELL CHANCE

Phone

5174854000

Tax Period

2023-10-01 to 2024-09-30

MICHIGAN DYSLEXIA INSTITUTE INC, founded in 1982, is a small nonprofit in the Diseases & Disorders sector that reported $910K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $806K left a modest 11% surplus.

Mission

TO PROVIDE EDUCATIONAL SERVICES IN READING AND COMMUNICATION SKILLS TO DYSLEXIC CHILDREN AND ADULTS IN THE STATE OF 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 (2023)

Revenue Breakdown

Contributions & Grants $544,011

Program Service Revenue $361,243

Investment Income $3,660

Other Revenue $1,201

TOTAL REVENUE $910,115

Expense Breakdown

Grants Paid $37,930

Salaries & Benefits $418,687

Fundraising Expenses $35,186

Program Expenses $548,340

Other Expenses $349,340

TOTAL EXPENSES $805,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$910,115	$1,398,387	-0.3%
Expenses	$805,957	$889,611	-0.1%
Net Income	$104,158	$508,776	-0.8%

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

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

$42,000

Total Directors

$10,046

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DORCAS DUNKER	MEMBER	0.25	Director	$10,046	$0	$10,046
BENJAMIN B BOLGER PHD	MEMBER	0.25	Director	$0	$0	$0
RON SIMON	MEMBER	0.25	Director	$0	$0	$0
THOMAS J FARRELL	SECRETARY	0.25	Officer Director	$0	$0	$0
JAC AMERELL	TREASURER	0.25	Officer Director	$0	$0	$0
JANE ASHBY PHD	CHAIR	0.50	Officer Director	$0	$0	$0
MARSHA HOWELL CHANCE	EXECUTIVE DIRECTOR & CEO	40.00	Officer	$42,000	$0	$42,000

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	$910,115	$805,957	$1,382,086	$104,158
2023	$1,398,387	$889,611	$1,288,290	$508,776
2022	$881,348	$832,424	$751,559	$48,924
2021	$955,719	$758,781	$753,459	$196,938
2020	$532,675	$708,767	$796,258	$-176,092
2019	$762,626	$723,726	$706,459	$38,900
2018	$605,861	$664,137	$740,783	$-58,276

MICHIGAN DYSLEXIA INSTITUTE INC