MICHIGAN GREAT LAKES INTERNATIONAL

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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

1977

Legal Domicile

Phone

7344757635

Tax Period

2024-02-01 to 2025-01-31

MICHIGAN GREAT LAKES INTERNATIONAL, founded in 1977, is a small nonprofit that reported $178K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $166K left a modest 7% surplus.

Mission

PROMOTION OF THE DRAFT HORSE BREED

Program Service Accomplishments

Program 1

Expenses: $166,234 Revenue: $177,842

ORGANIZATION PUTS ON AN INTERNATIONAL HORSE PULLING SHOW AND HAS BOOTHS AND DISTRIBUTING INFORMATION ABOUT THE USE OF DRAFT HORSES IN THE PAST AND TODAY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $74,020

Program Service Revenue $103,822

Investment Income $0

Other Revenue $0

TOTAL REVENUE $177,842

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,398

Fundraising Expenses $0

Program Expenses $166,234

Other Expenses $156,836

TOTAL EXPENSES $166,234

Year-over-Year Comparison

	2024	2023	Change
Revenue	$177,842	$188,613	-0.1%
Expenses	$166,234	$153,388	+0.1%
Net Income	$11,608	$35,225	-0.7%

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

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON RICE	PRESIDENT	1.00	Director	$0	$0	$0
HOWARD MCCALLA	DIRECTOR	1.00	Director	$0	$0	$0
HARVEY BELL	DIRECTOR	1.00	Director	$0	$0	$0
DIANE WITT	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT PREGITZER	DIRECTOR	1.00	Director	$0	$0	$0
ARLEN BELL	DIRECTOR	1.00	Director	$0	$0	$0
DALE BURGER	DIRECTOR	1.00	Director	$0	$0	$0
DOREEN MCCALLA	TREASURER	1.00	Director	$0	$0	$0
LARRY ELMFEAF	DIRECTOR	1.00	Director	$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
2026	No data	No data	No data	No data
2025	$177,842	$166,234	$53,985	$11,608
2024	$188,613	$153,388	$42,427	$35,225
2023	$132,213	$145,164	$7,202	$-12,951
2022	$136,097	$120,086	$20,153	$16,011
2021	$5,000	$9,081	$4,142	$-4,081
2020	$157,364	$154,356	$8,223	$3,008