Saginaw, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MiCTA, founded in 1989, is a small nonprofit that reported $575K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.
The Corporation is organized for the purpose of identifying and resolving common telecommunication issues and problems; providing a clearing house of information relative to telecommunications; gaining information on new telecommunication products and services; improving the level of competency and enhancing the development of professional status of the member college and university administrators; influencing the development of telecommunication services to members at reduced costs and improved quality; participating in governmental and regulatory proceedings affecting the telecommunication issues; otherwise promoting the common telecommunications interests of the membership; and conducting any and all activities necessary or incidental to the foregoing purpose.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $575,391 | $611,659 | -0.1% |
| Expenses | $563,001 | $610,688 | -0.1% |
| Net Income | $12,390 | $971 | +11.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Cedric Banks | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Dawn Kaiser | Secretary/Treasurer | 6.00 |
Officer
Director
|
$24,500 | $0 | $24,500 |
| Rick Haugerud | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Walt Magnussen | Past President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kyle Morrison | At Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas Pellizzi Jr | At-Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Craig Filippini | At-Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Tim Von Hoff | CEO | 40.00 |
Officer
|
$178,334 | $29,980 | $208,314 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $575,391 | $563,001 | $940,813 | $12,390 |
| 2023 | $611,659 | $610,688 | $972,123 | $971 |
| 2022 | $692,470 | $629,419 | $976,497 | $63,051 |
| 2021 | $521,440 | $702,343 | $1,136,667 | $-180,903 |
| 2020 | $587,389 | $693,078 | $1,260,482 | $-105,689 |
| 2019 | $927,594 | $799,126 | $1,439,766 | $128,468 |
| 2018 | $908,850 | $823,302 | $1,191,014 | $85,548 |
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