OPERATION ABLE OF MICHIGAN INC (EIN 382861705) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

MARY MCDOUGALL

Phone

3138320922

Tax Period

2019-07-01 to 2020-06-30

OPERATION ABLE OF MICHIGAN INC, founded in 1989, is a small nonprofit that reported $342K in total revenue in fiscal year 2019. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $527K exceeded revenue, resulting in a 54% operating deficit.

Mission

OPERATION ABLE OF MICHIGAN HELPS ADULTS FIND EMPLOYMENT VIA PERSONALIZED SEARCHES, JOB PLACEMENT, OCCUPATIONAL TRAINING AND CAREER TRANSITION SERVICES. OUR SPECIAL NICHE IS HELPING ADULTS AT MIDCAREER AND BEYOND. WE ARE COMMITTED TO THE IDEAL THAT ABILITY IS AGELESS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $281,290

Program Service Revenue $60,615

Investment Income $0

Other Revenue $413

TOTAL REVENUE $342,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $291,528

Fundraising Expenses $0

Program Expenses $324,066

Other Expenses $235,955

TOTAL EXPENSES $527,483

Year-over-Year Comparison

	2019	2018	Change
Revenue	$342,318	$272,457	+0.3%
Expenses	$527,483	$572,512	-0.1%
Net Income	$-185,165	$-300,055	-0.4%

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

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

$277,245

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA SWANINGER	EX-OFFICIO - PRESIDENT	4.00	Officer	$0	$5,679	$233,215
MARY MCDOUGALL	EX-OFFICIO - EXECUTIVE DIRECTOR	40.00	Officer	$44,030	$0	$44,030
LENA BARKLEY	CHAIR	1.00	Officer Director	$0	$0	$0
CATHY GOHEEN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
GALEN ERIC WINSTON	TREASURER	1.00	Officer Director	$0	$0	$0
MARILYN F GRAHAM	SECRETARY	1.00	Officer Director	$0	$0	$0
ARNOLD BUDIN	BOARD MEMBER	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
2020	$342,318	$527,483	No data	$-185,165
2019	$272,457	$572,512	$37,735	$-300,055
2018	$588,283	$597,369	$210,267	$-9,086

OPERATION ABLE OF MICHIGAN INC