MICHIGAN STATE MEDICAL SOCIETY FOUNDATION (EIN 386069432) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Principal Officer

LAUCHLIN MACGREGOR

Phone

5173371351

Tax Period

2023-12-01 to 2024-11-30

MICHIGAN STATE MEDICAL SOCIETY FOUNDATION, founded in 1945, is a small nonprofit that reported $465K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Net assets of $1.2M represent 30 months of operating reserves.

Mission

TO ADVANCE THE FIELD OF HEALTH FOR THE PUBLIC GOOD.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $85,200

Program Service Revenue $338,691

Investment Income $40,784

Other Revenue $0

TOTAL REVENUE $464,675

Expense Breakdown

Grants Paid $72,313

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $442,755

Other Expenses $427,365

TOTAL EXPENSES $499,678

Year-over-Year Comparison

	2023	2022	Change
Revenue	$464,675	$346,432	+0.3%
Expenses	$499,678	$407,717	+0.2%
Net Income	$-35,003	$-61,285	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$565,144

Total Directors

$306,579

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE UTTER	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL W SMITH MD	TRUSTEE	1.00	Director	$0	$0	$0
DEBASISH MRIDHA MD	TRUSTEE	1.00	Director	$0	$0	$0
DONNA LAKE	TRUSTEE	1.00	Director	$0	$0	$0
THEODORE B JONES MD	TRUSTEE	1.00	Director	$0	$0	$0
ANITA R AVERY	TRUSTEE	1.00	Director	$0	$0	$0
PAUL D BOZYK MD	TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS M GEORGE MD	VICE PRESIDENT	1.00	Officer Director	$0	$4,937	$306,579
CHERYL GIBSON FOUNTAIN MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
REBECCA BLAKE	SECRETARY & EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$0	$0
LAUCHLIN MACGREGOR CPA	CFO	0.50	Officer	$0	$38,408	$258,565

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	$464,675	$499,678	$1,355,752	$-35,003
2023	$346,432	$407,717	$1,245,016	$-61,285
2022	$408,918	$479,870	$1,340,087	$-70,952
2021	$519,222	$594,284	$1,571,476	$-75,062
2020	$371,365	$704,930	$1,267,646	$-333,565
2019	$553,057	$592,026	$1,571,545	$-38,969
2018	$593,142	$582,718	$1,646,578	$10,424

MICHIGAN STATE MEDICAL SOCIETY FOUNDATION