MICHIGAN SOFT DRINK ASSOCIATION DBA MICHIGAN BEVERAGE ASSOCIATION (EIN 386094505) - 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

1948

Legal Domicile

Principal Officer

DEREK J BAJEMA

Phone

5173378900

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN SOFT DRINK ASSOCIATION DBA MICHIGAN BEVERAGE ASSOCIATION, founded in 1948, is a small nonprofit that reported $285K in total revenue in fiscal year 2023. Revenue surged 23008% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 21% operating margin.

Mission

MICHIGAN BEVERAGE ASSOCIATION IS A NON-PROFIT TRADE ORGANIZATION REPRESENTING THE PRODUCERS AND DISTRIBUTORS OF BEVERAGES WHO HAVE MANUFACTURING OPERATION IN MICHIGAN.

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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 $0

Program Service Revenue $275,293

Investment Income $7,926

Other Revenue $1,700

TOTAL REVENUE $284,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $225,350

TOTAL EXPENSES $225,350

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,919	$1,233	+230.1%
Expenses	$225,350	$65,339	+2.4%
Net Income	$59,569	$-64,106	-1.9%

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

$205,814

Total Directors

$205,814

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEREK J BAJEMA	PRESIDENT	2.00	Officer Director	$0	$54,355	$205,814
AARON TRUSZKOWSKI	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
MATT BARRIBEAU	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
ERIC PELLEGRINI	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LEE SCOTT	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$284,919	$225,350	$1,133,385	$59,569
2022	$491,095	$267,009	$1,095,761	$224,086
2022	$1,233	$65,339	$1,026,408	$-64,106
2021	$246,059	$244,116	$929,641	$1,943
2020	$255,277	$262,134	$927,698	$-6,857
2019	$258,594	$280,315	$934,555	$-21,721
2018	$259,770	$320,043	$956,276	$-60,273

MICHIGAN SOFT DRINK ASSOCIATION DBA MICHIGAN BEVERAGE ASSOCIATION