MICHIGAN AUDIOLOGY COALITION (EIN 383184768) - 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

2007

Legal Domicile

Principal Officer

MEGAN CHERRY

Phone

7349948300

Tax Period

2021-02-01 to 2022-01-31

MICHIGAN AUDIOLOGY COALITION, founded in 2007, is a micro nonprofit that reported $79K in total revenue in fiscal year 2021. Revenue surged 208% from the prior year, signaling strong growth momentum. Expenses of $93K exceeded revenue, resulting in a 17% operating deficit.

Mission

PROMOTE THE PUBLIC GOOD BY FOSTERING THE GROWTH, DEVELOPMENT, RECOGNITION AND STATUS OF THE PROFESSION OF AUDIOLOGY AND ITS MEMBERS WITHIN THE STATE OF MICHIGAN.

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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 (2021)

Revenue Breakdown

Contributions & Grants $4,788

Program Service Revenue $74,550

Investment Income $0

Other Revenue $0

TOTAL REVENUE $79,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,062

Other Expenses $92,702

TOTAL EXPENSES $92,702

Year-over-Year Comparison

	2021	2020	Change
Revenue	$79,338	$25,718	+2.1%
Expenses	$92,702	$43,076	+1.2%
Net Income	$-13,364	$-17,358	-0.2%

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

185

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
CHELSEA CONRAD	MEMBER AT LA	N/A	Director	$0	$0	$0
BRITTANY FINKLER	MEMBER AT LA	N/A	Director	$0	$0	$0
NANCY GALLIHUGH	MEMBER AT LA	N/A	Director	$0	$0	$0
KRISTEN HUIZDOS	MEMBER AT LA	N/A	Director	$0	$0	$0
KATHRYN MAKOWIEC	MEMEBER AT L	N/A	Director	$0	$0	$0
NICK PARMER	MEMBER AT LA	N/A	Director	$0	$0	$0
CRYSTAL PITTS	MEMBER AT LA	N/A	Director	$0	$0	$0
SARAH SCHLUNEGGER	MEMBER AT LA	N/A	Director	$0	$0	$0
BEN WIGHTMAN	MEMBER AT LA	N/A	Director	$0	$0	$0
ERICA BENNETT	PRESIDENT	N/A	Officer	$0	$0	$0
MEGAN CHERRY	PRESIDENT	N/A	Officer	$0	$0	$0
ANDREA SEKER	TREASURER	N/A	Officer	$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
2022	$79,338	$92,702	$97,674	$-13,364
2021	$24,039	$43,076	$111,038	$-19,037
2020	$99,684	$80,659	$130,075	$19,025
2019	$80,958	$80,482	$111,050	$476

MICHIGAN AUDIOLOGY COALITION