MICHIGAN FIRE INSPECTORS SOCIETY (EIN 383224287) - 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

1976

Legal Domicile

Principal Officer

MIKE EVANS

Phone

5178991304

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN FIRE INSPECTORS SOCIETY, founded in 1976, is a small nonprofit in the Public Safety sector that reported $475K in total revenue in fiscal year 2024.

Mission

TO AID IN THE PRESERVATION OF LIFE AND PROPERTY THROUGH THE EXCHANGE OF IDEAS IN FIRE PREVENTION, EDUCATION, AND SUPPRESSION AND TO ENCOURAGE COOPERATION OF STATE AND LOCAL AGENCIES IN SOLVING MICHIGANS FIRE PROBLEM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $474,545

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $474,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $435,931

Other Expenses $467,950

TOTAL EXPENSES $467,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$474,545	$488,240	0.0%
Expenses	$467,950	$534,718	-0.1%
Net Income	$6,595	$-46,478	-1.1%

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
STAN BARNES	2-YEAR TRUST	N/A	Officer Director	$0	$0	$0
GREG JANIK	3-YEAR TRUST	N/A	Officer Director	$0	$0	$0
MICHAEL KOEHLER	4-YEAR TRUST	N/A	Officer Director	$0	$0	$0
TRAVIS MILLEROV	1-YEAR TRUST	N/A	Officer Director	$0	$0	$0
RAY AHONEN	CHAPLAIN	N/A	Officer	$0	$0	$0
RICK BOISVERT	PRESIDENT	N/A	Officer	$0	$0	$0
TAMMI CONNELL	ADMINISTRATO	N/A	Officer	$0	$0	$0
MIKE EVANS	SECRETARY/TR	N/A	Officer	$0	$0	$0
LISA HOFFER	SOCIAL MEDIA	N/A	Officer	$0	$0	$0
QUINCY JONES	VICE PRESIDE	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
2024	$474,545	$467,950	$110,917	$6,595
2023	$488,240	$534,718	$103,987	$-46,478

MICHIGAN FIRE INSPECTORS SOCIETY