Michigan Job Training Partnership Assoc

EIN: 382736154 501(c)(3) Employment

Lansing, MI

Total Revenue
$2,875,748
Total Expenses
$2,701,987
Total Assets
$2,478,796
Net Assets
$1,607,047
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MI
Principal Officer
Ryan Hundt
Phone
5173711100
Tax Period
2024-01-01 to 2024-12-31

Michigan Job Training Partnership Assoc, founded in 1987, is a community nonprofit in the Employment sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $2.7M left a modest 6% surplus.

Mission

Provide training and staff support to enhance technical skills, knowledge, and ability to better serve the workforce community.

Program Service Accomplishments

Program 1
Expenses: $2,252,147 Revenue: $2,252,147

Provide training and staff support to enhance technical skills, knowledge, and ability to better serve the workforce community.

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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 $1,108,482
Program Service Revenue $1,753,515
Investment Income $13,751
Other Revenue $0
TOTAL REVENUE $2,875,748

Expense Breakdown

Grants Paid $0
Salaries & Benefits $787,740
Fundraising Expenses $0
Program Expenses $2,252,147
Other Expenses $1,914,247
TOTAL EXPENSES $2,701,987

Year-over-Year Comparison

2024 2023 Change
Revenue $2,875,748 $2,167,543 +0.3%
Expenses $2,701,987 $1,908,975 +0.4%
Net Income $173,761 $258,568 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
33
Independent Members
33
Employees
6
Volunteers
30

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
1
$167,244
Total Directors
41
$167,244
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Goudreau Member 0.00
Director
$0 $0 $0
Bob Showers Member / Second Vice Chairperson 0.00
Director
$0 $0 $0
Charlotte Mahoney Member / Chairperson 0.00
Director
$0 $0 $0
Gregory Pitoniak Member / Treasurer 0.00
Director
$0 $0 $0
Dana Williams Member 0.00
Director
$0 $0 $0
Jennifer Llewellyn Member 0.00
Director
$0 $0 $0
Kristen Wenzel Member 0.00
Director
$0 $0 $0
John Kaczynski Member 0.00
Director
$0 $0 $0
Justin Al-Igoe Member 0.00
Director
$0 $0 $0
Bill Peterson Member 0.00
Director
$0 $0 $0
Chris Holman Member 0.00
Director
$0 $0 $0
Amanda Smith Member 0.00
Director
$0 $0 $0
Carrie Rosingana Member 0.00
Director
$0 $0 $0
Jacob Maas Member 0.00
Director
$0 $0 $0
Kimberly Wood Member 0.00
Director
$0 $0 $0
Shamar Herron Member 0.00
Director
$0 $0 $0
Lee Graham Member 0.00
Director
$0 $0 $0
Jakki Bungart-Bibb Member 0.00
Director
$0 $0 $0
Jackie Murray Member 0.00
Director
$0 $0 $0
Kristi Bristley Member 0.00
Director
$0 $0 $0
Erik Rodriguez Member 0.00
Director
$0 $0 $0
Jessica Willis Member 0.00
Director
$0 $0 $0
Leanne Panduren Member 0.00
Director
$0 $0 $0
Jody Kerbyson Member 0.00
Director
$0 $0 $0
Todd Gustafson Member 0.00
Director
$0 $0 $0
David Darbyshire Member 0.00
Director
$0 $0 $0
Debb Brunell Member 0.00
Director
$0 $0 $0
Marisue Moreau Member 0.00
Director
$0 $0 $0
Mark Berdan Member 0.00
Director
$0 $0 $0
Carrie Rosingana Member 0.00
Director
$0 $0 $0
Michelle A Keene Member 0.00
Director
$0 $0 $0
David Goudreau Member 0.00
Director
$0 $0 $0
Shana Lewis Member 0.00
Director
$0 $0 $0
Ryan Hundt Member 40.00
Officer Director
$167,244 $0 $167,244
Jessica Topp Member 0.00
Director
$0 $0 $0
Mark Berdan Member 0.00
Director
$0 $0 $0
David Darbyshire Member 0.00
Director
$0 $0 $0
Debb Brunell Member 0.00
Director
$0 $0 $0
Dave Goudreau Member 0.00
Director
$0 $0 $0
Shana Lewis Member 0.00
Director
$0 $0 $0
Dennis Louney Member 0.00
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
2024 $2,875,748 $2,701,987 $2,478,796 $173,761
2024 No data No data No data No data
2023 $2,167,543 $1,908,975 $2,157,751 $258,568
2022 $1,843,953 $1,789,341 $1,481,518 $54,612
2021 $1,480,119 $1,409,603 $1,398,719 $70,516
2021 $1,629,120 $1,419,563 $1,345,451 $209,557
2020 $1,538,000 $1,505,046 $1,189,115 $32,954
2019 $1,613,680 $1,601,322 $1,185,243 $12,358
2018 $1,577,244 $1,669,595 $1,138,062 $-92,351
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