MICHIGAN INDUSTRIAL AND TECHNOLOGY

EIN: 386064923 501(c)(3)

MIDLAND, MI

Total Revenue
$75,868
Total Expenses
$75,599
Total Assets
$70,419
Net Assets
$70,419
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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
1928
Legal Domicile
MI
Principal Officer
ADAM CARR
Phone
2693431201
Tax Period
2018-09-01 to 2019-08-31

MICHIGAN INDUSTRIAL AND TECHNOLOGY, founded in 1928, is a micro nonprofit that reported $76K in total revenue in fiscal year 2018. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

ENCOURAGE IND/TECH EDUCATION

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $75,826
Program Service Revenue $0
Investment Income $42
Other Revenue $0
TOTAL REVENUE $75,868

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $75,599
Other Expenses $75,599
TOTAL EXPENSES $75,599

Year-over-Year Comparison

2018 2017 Change
Revenue $75,868 $62,752 +0.2%
Expenses $75,599 $77,937 0.0%
Net Income $269 $-15,185 -1.0%
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

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Governance

Voting Members
445
Independent Members
445
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM CARR PRESIDENT N/A
Officer
$0 $0 $0
JOSH BURKHARD TREASURER N/A
Officer
$0 $0 $0
CHUCK LUCHIES VICE PRESIDE N/A
Officer
$0 $0 $0
YASMIN OBERLIN SECRETARY 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
2019 $75,868 $75,599 $70,419 $269
2018 $62,752 $77,937 $70,150 $-15,185
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