MICHIGAN HISTORIC PRESERVATION NETWORK (EIN 382878515) - 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

EMILY CAUZILLO

Phone

5173718080

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN HISTORIC PRESERVATION NETWORK, founded in 1989, is a micro nonprofit that reported $1.3M in total revenue in fiscal year 2023.

Mission

ADVOCATE FOR MICHIGAN'S HISTORIC RESOURCES TO CONTRIBUTE TO THE ECONOMIC VITALITY, SENSE OF PLACE AND CONNECTION TO THE PAST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $321,660

Program Service Revenue $79,792

Investment Income $-1,709,938

Other Revenue $5,113

TOTAL REVENUE $-1,303,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,975

Fundraising Expenses $20,354

Program Expenses $266,572

Other Expenses $340,824

TOTAL EXPENSES $446,799

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-1,303,373	$-15,189,669	-0.9%
Expenses	$446,799	$365,968	+0.2%
Net Income	$-1,750,172	$-15,555,637	-0.9%

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

$40,185

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA RIGDON	EXECUTIVE DIRECTOR	50.00	Officer	$31,533	$0	$31,533
CHRIS FRALEIGH	EXECUTIVE DIRECTOR (ENDED 02/2023)	50.00	Officer	$8,205	$447	$8,652
AARON SIMS	DIRECTOR	1.00	Director	$0	$0	$0
ERIC GOLLANNEK	DIRECTOR	1.00	Director	$0	$0	$0
JOE FROST	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEY DOTSON	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER METZ	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MOONEY	DIRECTOR	1.00	Director	$0	$0	$0
MYRNA SEGURA	DIRECTOR	1.00	Director	$0	$0	$0
LAURA STEENWYK	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN KNEPPER	DIRECTOR	1.00	Director	$0	$0	$0
ELISABETH KNIBBE	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA FLORES	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA MALOTT BROWN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HAMBACHER	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HOSEY	DIRECTOR	1.00	Director	$0	$0	$0
LIZ WARE	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA MILTON-PUNG	DIRECTOR	1.00	Director	$0	$0	$0
ROB YALLOP	DIRECTOR	1.00	Director	$0	$0	$0
ELAINE ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
GLENN WILSON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
DEVAN ANDERSON	SECRETARY	2.00	Officer Director	$0	$0	$0
EMILY CAUZILLO	TREASURER	2.00	Officer Director	$0	$0	$0
MARCUS RINGNALDA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JANET KREGER	PRESIDENT	2.00	Officer 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	No data	No data	No data	No data
2023	$-1,303,373	$446,799	$14,098,540	$-1,750,172
2022	$-15,189,669	$365,968	$15,708,246	$-15,555,637
2021	$-22,546,623	$380,606	$36,445,058	$-22,927,229
2020	$-8,368,499	$527,366	$60,623,947	$-8,895,865
2019	$8,209,102	$801,747	$69,356,543	$7,407,355
2018	$-6,719,117	$753,899	$76,652,643	$-7,473,016
2018	$-6,719,117	$753,899	$62,016,973	$-7,473,016

MICHIGAN HISTORIC PRESERVATION NETWORK