MI-JOURNEY

EIN: 382719146 501(c)(3) Human Services

BENTON HARBOR, MI

Total Revenue
$314,911
Total Expenses
$308,327
Total Assets
$43,156
Net Assets
$36,224
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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
1986
Legal Domicile
MI
Principal Officer
KYLE DAVID ABBOTT
Phone
2693634271
Tax Period
2024-10-01 to 2025-09-30

MI-JOURNEY, founded in 1986, is a small nonprofit in the Human Services sector that reported $315K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

PEER-RUN MENTAL HEALTH RECOVERY CENTER THAT FOSTERS AND FACILITATES RECOVERY AND REINTEGRATION INTO THE COMMUNITY THROUGH A PROGRAM OF CLASSES, SUPPORT GROUPS, AND ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $314,911
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $314,911

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,858
Fundraising Expenses $0
Program Expenses $238,448
Other Expenses $177,469
TOTAL EXPENSES $308,327

Year-over-Year Comparison

2024 2023 Change
Revenue $314,911 $258,518 +0.2%
Expenses $308,327 $257,911 +0.2%
Net Income $6,584 $607 +9.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
4
Volunteers
5

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
$65,286
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGHAN KOVALSKA PRESIDENT 0.00
Officer Director
$0 $0 $0
BRETT RANKIN VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ERICA SLUETEL TREASURER 0.00
Officer Director
$0 $0 $0
LISA MORRISON SECRETARY 0.00
Officer Director
$0 $0 $0
KYLE ABBOTT EXECUTIVE DIRECTOR 1.00
Officer
$65,286 $0 $65,286
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 $314,911 $308,327 $43,156 $6,584
2024 $258,518 $257,911 $34,879 $607
2023 $222,638 $232,892 $34,322 $-10,254
2022 $220,928 $213,435 $43,947 $7,493
2019 $199,501 $183,112 $47,856 $16,389
2018 $173,012 $178,979 $31,295 $-5,967
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