MICHAEL'S PLACE

EIN: 383574270 501(c)(3) Mental Health

TRAVERSE CITY, MI

Total Revenue
$905,273
Total Expenses
$826,966
Total Assets
$993,778
Net Assets
$822,569
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MI
Principal Officer
MELINDA BUELL
Phone
2319476453
Tax Period
2024-07-01 to 2025-06-30

MICHAEL'S PLACE, founded in 2001, is a small nonprofit in the Mental Health sector that reported $905K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $827K left a modest 9% surplus.

Mission

SUPPORT AND ADVOCACY FOR THOSE WHO ARE GRIEVING AND EDUCATE THE COMMUNITY ABOUT GRIEF ISSUES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $844,941
Program Service Revenue $40,216
Investment Income $19,915
Other Revenue $201
TOTAL REVENUE $905,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $602,256
Fundraising Expenses $87,128
Program Expenses $651,483
Other Expenses $224,710
TOTAL EXPENSES $826,966

Year-over-Year Comparison

2024 2023 Change
Revenue $905,273 $1,018,483 -0.1%
Expenses $826,966 $816,934 +0.0%
Net Income $78,307 $201,549 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
8
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
5
$121,405
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN BROWNE PRESIDENT 3.00
Officer Director
$0 $0 $0
JUDY HARRISON VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DOUGLAS MORGENSTERN TREASURER 2.00
Officer Director
$0 $0 $0
GRETCHEN OVERBEEK SECRETARY 2.00
Officer Director
$0 $0 $0
CHRIS DENNOS TRUSTEE 1.00
Director
$0 $0 $0
DON ALFORD TRUSTEE 1.00
Director
$0 $0 $0
ERIN WHITING TRUSTEE 1.00
Director
$0 $0 $0
MELINDA BUELL CEO/EXECUTIVE DIRECTOR 40.00
Officer
$117,821 $3,584 $121,405
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 $905,273 $826,966 $993,778 $78,307
2024 $1,018,483 $816,934 $793,743 $201,549
2023 $594,421 $661,077 $635,116 $-66,656
2022 $540,903 $585,298 $620,242 $-44,395
2021 $629,373 $468,321 $664,090 $161,052
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MICHAEL'S PLACE with other nonprofits in Michigan and across the country.