MICHIGAN SENIOR OLYMPICS INC (EIN 382928035) - 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

1979

Legal Domicile

Principal Officer

KELLY BRENT

Phone

2486080252

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN SENIOR OLYMPICS INC, founded in 1979, is a small nonprofit that reported $203K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION PROMOTES HEALTH AND FITNESS TO THE SENIOR CITIZENS OF THE STATE OF MICHIGAN THROUGH SPORTING EVENTS AND CLINICS.

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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 $42,675

Program Service Revenue $153,156

Investment Income $0

Other Revenue $6,813

TOTAL REVENUE $202,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,552

Fundraising Expenses $0

Program Expenses $168,784

Other Expenses $96,145

TOTAL EXPENSES $201,697

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,644	$203,240	0.0%
Expenses	$201,697	$196,164	+0.0%
Net Income	$947	$7,076	-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

200

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

$80,596

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA RIDKY	EXECUTIVE DIRECTOR	40.00	Officer	$80,596	$0	$80,596
KELLY BRENT	CHAIRPERSON	0.25	Officer Director	$0	$0	$0
PORFERIA MELLADO	VICE CHAIR	0.25	Officer Director	$0	$0	$0
JUSTIN LIPPE	TREASURER	0.25	Officer Director	$0	$0	$0
SHARON HUNT	SECRETARY	0.25	Officer Director	$0	$0	$0
STEVE LANGLOIS	DIRECTOR	0.25	Director	$0	$0	$0
ROBERT VANCAMP	DIRECTOR	0.25	Director	$0	$0	$0
JULIE SHIELDS	DIRECTOR	0.25	Director	$0	$0	$0
ERIC PENCE	DIRECTOR	0.25	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	$202,644	$201,697	$75,507	$947
2022	$203,240	$196,164	$74,441	$7,076
2021	$177,907	$168,395	$61,591	$9,512
2020	$114,898	$142,070	$71,779	$-27,172
2019	$182,838	$183,969	$79,251	$-1,131
2018	$201,026	$168,988	$80,382	$32,038

MICHIGAN SENIOR OLYMPICS INC