SCHOOL NUTRITION ASSOCIATION OF MI… - 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

1990

Legal Domicile

Principal Officer

DANIEL CONNORS

Tax Period

2023-07-01 to 2024-06-30

SCHOOL NUTRITION ASSOCIATION OF MICHIGAN, founded in 1990, is a small nonprofit that reported $448K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $403K left a modest 10% surplus.

Mission

BE THE PRIMARY RESOURCE THAT EMPOWERS OUR MEMBERS TO ADVANCE GOOD NUTRITION AND PROMOTE HEALTHY LIFESTYLES FOR MICHIGAN'S CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $336,225

2023 MARKED THE TENTH ANNIVERSARY OF THE RELATIONSHIP BETWEEN SCHOOL NUTRITION ASSOCIATION OF MICHIGAN (SNAM) AND MICHIGAN SCHOOL BUSINESS OFFICIALS (MSBO)AND SWITCHED TO WORK WITH NAMING YOUR...

2023 MARKED THE TENTH ANNIVERSARY OF THE RELATIONSHIP BETWEEN SCHOOL NUTRITION ASSOCIATION OF MICHIGAN (SNAM) AND MICHIGAN SCHOOL BUSINESS OFFICIALS (MSBO)AND SWITCHED TO WORK WITH NAMING YOUR BRAND(NYB) LATER IN 2024. THIS YEAR SNAM PROVIDED OVER 30 STATEWIDE TRAINING SEMINARS, OFFERING CONTINUING EDUCATION AND CERTIFICATION OPPORTUNITIES TO OVER 300 SCHOOL FOOD SERVICE EMPLOYEES STATEWIDE. TOPICS INCLUDED MENU FORMULATION, DEALING WITH CONFLICT, AND CULINARY TECHNIQUES, TO NAME A FEW. SUCCESSFUL PARTICIPANTS RECEIVED A CERTIFICATE OF COMPLETION AND VALUABLE TRAINING ON FOOD SERVICE ISSUES. THE PROFESSIONAL DEVELOPMENT COMMITTEE MEETS REGULARLY TO FINE TUNE THE CURRICULUM AND EVALUATE INSTRUCTOR COMPETENCY. SNAM ALSO CONTINUES TO PROVIDE A LEADERSHIP ACADEMY WITH OVER 75 MEMBERS HAVING PARTICIPATED. LAST FALL, SNAM HOSTED ITS ANNUAL CONFERENCE AND INDUSTRY EXPO AT THE GRAND TRAVERSE RESORT IN TRAVERSE CITY, MI. THE EVENT FEATURED ONE KEYNOTE SPEAKER OF NATIONAL ACCLAIM, AND NEARLY TWO DOZEN BREAKOUT SESSIONS ON ISSUES IMPORTANT TO SCHOOL FOOD SERVICES PROFESSIONALS. THERE WERE OVER 100 EXHIBIT BOOTHS REPRESENTING OVER 90 EXHIBITING COMPANIES AND BROKERS AND NEARLY 450 ATTENDEES FOR THE THREE-DAY EVENT.

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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 $0

Program Service Revenue $446,164

Investment Income $0

Other Revenue $1,344

TOTAL REVENUE $447,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $336,225

Other Expenses $402,685

TOTAL EXPENSES $402,685

Year-over-Year Comparison

	2023	2022	Change
Revenue	$447,508	$373,027	+0.2%
Expenses	$402,685	$381,983	+0.1%
Net Income	$44,823	$-8,956	-6.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL CONNORS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JUNE ALTOM	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
JOHN GALACZ	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
HEATHER HOLLAND	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
MISSY ELLIOTT	COMMUNICATIO	1.00	Director	$0	$0	$0
MARY DARNTON	HISTORIAN/PA	1.00	Director	$0	$0	$0
NANCY LAFAVE	INDUSTRY CHA	1.00	Director	$0	$0	$0
SHANNA WILLIAMS	LEGISLATION	1.00	Director	$0	$0	$0
N/A	PRO DEVELOP	1.00	Director	$0	$0	$0
GEORGE SIEDIS	AREA REP CHA	1.00	Director	$0	$0	$0
MIKE MCKAY	INDUSTRY REP	1.00	Director	$0	$0	$0
MELANIE BRUMMELER	MDE LIASON	1.00	Director	$0	$0	$0
EVAN ROBERTSON	AT-LARGE MEM	1.00	Director	$0	$0	$0
CAROLINE DYLEWSKI	AT-LARGE MEM	1.00	Director	$0	$0	$0
MANDY SOSNOWSKI	AT-LARGE MEM	1.00	Director	$0	$0	$0
ERIN ROMMECK	ASSISTANT	1.00	Director	$0	$0	$0
BRANDON MONK	EXECUTIVE DI	40.00	Officer	$0	$0	$0

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	$447,508	$402,685	$242,749	$44,823
2023	$373,027	$381,983	$180,100	$-8,956
2022	$291,361	$297,446	$165,131	$-6,085
2021	$142,783	$144,329	$169,944	$-1,546
2020	$310,030	$321,862	$170,542	$-11,832
2019	$377,387	$402,355	$231,317	$-24,968

SCHOOL NUTRITION ASSOCIATION OF MICHIGAN