MICHIGAN STATEWIDE INDEPENDENT LIVING CORPORATION (EIN 383572497) - 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

Principal Officer

STEVE LOCKE

Phone

8338087452

Tax Period

2024-10-01 to 2025-09-30

MICHIGAN STATEWIDE INDEPENDENT LIVING CORPORATION, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $436K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

WE ARE PEOPLE WITH DISABILITIES ADVOCATING FOR INCLUSION, EQUITY AND ACCESSIBILITY IN ALL COMMUNITIES. WE ENVISION PEOPLE WITH DISABILITIES AS VALUED, WITH RIGHTS THAT ARE UNDENIABLE AND INHERENT IN ALL ASPECTS OF LIFE.

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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 $436,422

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $436,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $233,656

Fundraising Expenses $0

Program Expenses $334,949

Other Expenses $217,531

TOTAL EXPENSES $451,187

Year-over-Year Comparison

	2024	2023	Change
Revenue	$436,422	$390,744	+0.1%
Expenses	$451,187	$380,744	+0.2%
Net Income	$-14,765	$10,000	-2.5%

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

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

$94,184

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE LOCKE	EXECUTIVE DI	40.00	Officer	$94,184	$0	$94,184
AARON ANDRES	VICE CHAIR	2.00	Officer Director	$0	$0	$0
FRANK ANIMIKWAM	COUNCIL MEMB	1.00	Director	$0	$0	$0
ALLEN BEAUCHAMP	COUNCIL MEMB	1.00	Director	$0	$0	$0
ERICA COULSTON	COUNCIL MEMB	1.00	Director	$0	$0	$0
JAMIA DAVIS	CHAIR	2.00	Officer Director	$0	$0	$0
STEPHANIE DEIBLE	SECRETARY	2.00	Officer Director	$0	$0	$0
MINDY KULASA	TREASURER	2.00	Officer Director	$0	$0	$0
JANICE LAMPMAN	PAST CHAIR	1.00	Director	$0	$0	$0
THERESA METZMAKER	COUNCIL MEMB	1.00	Director	$0	$0	$0
JULIE SHAW	COUNCIL MEMB	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
2025	$436,422	$451,187	$97,661	$-14,765
2024	$390,744	$380,744	$103,289	$10,000
2022	$310,680	$310,919	$88,426	$-239
2021	$274,886	$276,995	$81,367	$-2,109
2020	$268,486	$268,994	$108,606	$-508
2019	$352,085	$365,878	$188,625	$-13,793

MICHIGAN STATEWIDE INDEPENDENT LIVING CORPORATION