MID-MICHIGAN MRI INC (EIN 382852340) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

WILLIAM HOWE

Phone

5173641000

Tax Period

2019-01-01 to 2019-11-30

MID-MICHIGAN MRI INC, founded in 1988, is a micro nonprofit that reported $10K in total revenue in fiscal year 2019. Revenue fell 83% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $9K, a strong 90% operating margin.

Mission

CONSISTENT WITH THE MISSION OF ITS SUPPORTED ORGANIZATIONS, MID-MICHIGAN MRI (3MRI) IS COMMITTED TO THE PROVISION OF HIGH-QUALITY, COST-EFFECTIVE SERVICES ENHANCED BY THE SUPPORT OF MEDICAL EDUCATION AND RESEARCH OPPORTUNITIES FOR PROVIDERS OF HEALTHCARE THROUGHOUT MID-MICHIGAN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,714

Investment Income $0

Other Revenue $1,865

TOTAL REVENUE $9,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $947

Other Expenses $947

TOTAL EXPENSES $947

Year-over-Year Comparison

	2019	2018	Change
Revenue	$9,579	$57,939	-0.8%
Expenses	$947	$29,475	-1.0%
Net Income	$8,632	$28,464	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,701,158

Total Directors

$2,353,172

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE RUTH	PRESIDENT	1.00	Officer Director	$0	$119,295	$752,312
THOMAS OSTRANDER	DIRECTOR	1.00	Director	$0	$77,034	$415,649
WILLIAM HOWE	TREASURER	1.00	Officer Director	$0	$50,265	$371,323
THOMAS COOPER	SECRETARY	1.00	Officer Director	$0	$54,046	$331,309
SURESH MUKHERJI	VICE PRESIDE	1.00	Officer Director	$0	$40,953	$246,214
JOY SZILAGYI	DIRECTOR	1.00	Director	$0	$29,764	$202,175
GLEN KLEIN	DIRECTOR	1.00	Director	$0	$15,490	$34,190
PETER JANICK	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
2019	$9,579	$947	No data	$8,632
2018	$57,939	$29,475	$7,269	$28,464
2018	$57,939	$29,475	$7,269	$28,464

MID-MICHIGAN MRI INC