MICHIGAN ALHAMBRA HOUSE INC (EIN 383241057) - 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

1994

Legal Domicile

Principal Officer

DONALD COLLOM

Phone

2484448789

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN ALHAMBRA HOUSE INC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $331K in total revenue in fiscal year 2023. Revenue surged 1299% from the prior year, signaling strong growth momentum. The organization ran a surplus of $316K, a strong 96% operating margin.

Mission

TO OPERATE AND MAINTAIN A GROUP HOME FOR MENTALLY HANDICAPPED PERSONS

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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 $1,550

Investment Income $329,471

Other Revenue $0

TOTAL REVENUE $331,021

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,808

Other Expenses $14,833

TOTAL EXPENSES $14,833

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,021	$23,665	+13.0%
Expenses	$14,833	$26,967	-0.4%
Net Income	$316,188	$-3,302	-96.8%

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

N/A

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
JIM PERNA	DIRECTOR	1.00	Director	$0	$0	$0
RUSS SMITH	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE WALRATH	DIRECTOR	1.00	Director	$0	$0	$0
CLIFFORD WIMMER	DIRECTOR	1.00	Director	$0	$0	$0
DONALD COLLOM	SECRETARY/TR	1.00	Officer	$0	$0	$0
JOHN MICHNIAK	VICE PRESIDE	1.00	Officer	$0	$0	$0
JOHN MIHALIC	PRESIDENT	1.00	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
2023	$331,021	$14,833	$407,866	$316,188

MICHIGAN ALHAMBRA HOUSE INC