MICHIGAN CHAPTER OF THE NATIONAL

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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

1989

Legal Domicile

Tax Period

2024-04-01 to 2025-03-31

MICHIGAN CHAPTER OF THE NATIONAL, founded in 1989, is a micro nonprofit that reported $75K in total revenue in fiscal year 2024. The organization ran a surplus of $15K, a strong 20% operating margin.

Program Service Accomplishments

Program 1

Expenses: $59,924 Revenue: $74,735

Four continuing professional education events were held throughout the year. Three events were one day events and one event was held for two days, for a total of 37 CE hours to the 268 total...

Four continuing professional education events were held throughout the year. Three events were one day events and one event was held for two days, for a total of 37 CE hours to the 268 total attendees. In addition, four non-CE educational events were held, two in person and two virtual events. The non-CE events had a total of 202 attendees.

Program 2

Reference materials were made available to members for purchase from a commercial publisher at a significant discount. In addition rebates from the sale of reference materials to members were...

Reference materials were made available to members for purchase from a commercial publisher at a significant discount. In addition rebates from the sale of reference materials to members were received by the chapter from the commercial publishers.

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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 $9,781

Program Service Revenue $64,954

Investment Income $0

Other Revenue $0

TOTAL REVENUE $74,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,924

Other Expenses $60,025

TOTAL EXPENSES $60,025

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,735	$78,362	0.0%
Expenses	$60,025	$67,184	-0.1%
Net Income	$14,710	$11,178	+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

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
BECKY VANDORT	TREASURER	3.00	Officer Director	$0	$0	$0
JON GARLICK	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE ECHOLS	DIRECTOR	2.00	Director	$0	$0	$0
RICK STOMPS	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
GLEN MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA BECK-HANEY	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA WEIGOLD	DIRECTOR	2.00	Officer Director	$0	$0	$0
MARILYN MEREDITH	PRESIDENT	3.00	Officer Director	$0	$0	$0
ROGER VOSS	DIRECTOR	0.00	Director	$0	$0	$0
KATHY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
SYLVIA COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
RANDY CLARK	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN CULLEN	DIRECTOR	1.00	Director	$0	$0	$0
LARRY ZIMBLER	DIRECTOR	1.00	Director	$0	$0	$0
JILL SCHNEIDER	DIRECTOR	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
2025	$74,735	$60,025	$123,640	$14,710
2024	$78,362	$67,184	$114,596	$11,178
2023	$57,669	$56,552	$108,172	$1,117
2022	$51,945	$34,586	$97,599	$17,359
2021	$20,738	$14,537	$79,707	$6,201
2020	$96,718	$82,903	$73,588	$13,815
2019	$111,030	$97,736	$60,516	$13,294