MICHIGAN ASSOCIATION OF CENTERS FOR INDEPENDENT LIVING INC (EIN 383028990) - 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

1992

Legal Domicile

Principal Officer

TERI LYNN LANGLEY

Phone

5178124880

Tax Period

2023-10-01 to 2024-09-30

MICHIGAN ASSOCIATION OF CENTERS FOR INDEPENDENT LIVING INC, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $263K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE A STATE-WIDE COLLABORATIVE OF FEDERALLY-CREATED CENTERS FOR INDEPENDENT LIVING.

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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 $0

Program Service Revenue $236,460

Investment Income $337

Other Revenue $26,010

TOTAL REVENUE $262,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,675

Other Expenses $276,650

TOTAL EXPENSES $276,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$262,807	$236,750	+0.1%
Expenses	$276,650	$220,140	+0.3%
Net Income	$-13,843	$16,610	-1.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERI LYNN LANGLEY	CONTRACT CEO	40.00	Officer	$0	$0	$0
ALEX GOSSAGE	CHAIR	3.00	Officer Director	$0	$0	$0
JON HART	VICE-CHAIR	3.00	Officer Director	$0	$0	$0
KELLY WINN	TREASURER/SE	3.00	Officer Director	$0	$0	$0
MARK PIERCE	MEMBER	1.00	Director	$0	$0	$0
LORI HILL-SANDERS	MEMBER	1.00	Director	$0	$0	$0
AMANDA RHINES-POEHLMAN	MEMBER	1.00	Director	$0	$0	$0
DAVE BULKOWSKI	MEMBER	1.00	Director	$0	$0	$0
JULIE SHAW	MEMBER	1.00	Director	$0	$0	$0
LUKE ZELLEY	MEMBER	1.00	Director	$0	$0	$0
WILL WILSON	MEMBER	1.00	Director	$0	$0	$0
KELLY PELONG	MEMBER	1.00	Director	$0	$0	$0
YVONNE FLEENER	MEMBER	1.00	Director	$0	$0	$0
ALANNA LAHEY	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
2024	$262,807	$276,650	$170,965	$-13,843
2023	$236,750	$220,140	$198,338	$16,610
2022	$354,921	$295,529	$185,658	$59,392
2021	$207,338	$169,177	$134,950	$38,161
2020	$394,949	$360,973	$106,197	$33,976
2019	$419,036	$445,990	$119,796	$-26,954
2018	$313,013	$425,141	$116,677	$-112,128

MICHIGAN ASSOCIATION OF CENTERS FOR INDEPENDENT LIVING INC