MICHIGAN YOUTH LIVESTOCK SCHOLARSHIP FUND (EIN 383521761) - 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

2000

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN YOUTH LIVESTOCK SCHOLARSHIP FUND, founded in 2000, is a small nonprofit in the Education sector that reported $405K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 30% operating margin.

Mission

MYSLF IS ORGANIZED FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING THE DISTRIBUTION OF SCHOLARSHIPS AND EDUCATIONAL AWARDS TO YOUTH WHO EXHIBIT LIVESTOCK OR FARM PRODUCTS AT THE MICHIGAN STATE FAIR, THE MICHIGAN LIVESTOCK EXPO,OR OTHER STATE AND COUNTY FAIRS IN MI

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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 $61,143

Program Service Revenue $262,805

Investment Income $110,031

Other Revenue $-29,289

TOTAL REVENUE $404,690

Expense Breakdown

Grants Paid $57,388

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $275,890

Other Expenses $226,047

TOTAL EXPENSES $283,435

Year-over-Year Comparison

	2023	2022	Change
Revenue	$404,690	$334,634	+0.2%
Expenses	$283,435	$277,772	+0.0%
Net Income	$121,255	$56,862	+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

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	Role	Reportable Comp	Other Comp	Total
KELSEY MAYE	DIRECTOR	Director	$0	$0	$0
COLEEN ALBRIGHT	DIRECTOR	Director	$0	$0	$0
NANCY THELEN	DIRECTOR	Director	$0	$0	$0
KELLY CHAPMAN	DIRECTOR	Director	$0	$0	$0
JOHN SCHUT	DIRECTOR	Director	$0	$0	$0
MARY KELPINSKI	TREASURER	Officer Director	$0	$0	$0
SHELIA BURKHARDT	SECRETARY	Officer Director	$0	$0	$0
JEFF HAARER	VICE PRESIDENT	Officer Director	$0	$0	$0
ERNEST J BIRCHMEIER JR	PRESIDENT	Officer 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	$404,690	$283,435	$962,161	$121,255
2022	$334,634	$277,772	$837,964	$56,862
2021	$295,008	$230,729	$908,424	$64,279
2020	$255,053	$215,652	$828,830	$39,401
2019	$251,355	$265,043	$749,142	$-13,688
2018	$269,370	$239,559	$686,217	$29,811

MICHIGAN YOUTH LIVESTOCK SCHOLARSHIP FUND