MICHIGAN RETAILERS FOUNDATION (EIN 386159732) - 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

1968

Legal Domicile

Principal Officer

WILLIAM J HALLAN

Phone

5173725656

Tax Period

2024-07-01 to 2025-06-30

MICHIGAN RETAILERS FOUNDATION, founded in 1968, is a small nonprofit in the Community Improvement sector that reported $173K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 32% operating margin.

Mission

THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING THE PRIMARY PURPOSE OF ADMINISTERING FUNDS FOR EDUCATIONAL AND CHARITABLE PURPOSES AND THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL CODE.

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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 $42,155

Program Service Revenue $0

Investment Income $131,064

Other Revenue $0

TOTAL REVENUE $173,219

Expense Breakdown

Grants Paid $49,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,732

Other Expenses $69,367

TOTAL EXPENSES $118,367

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,219	$122,148	+0.4%
Expenses	$118,367	$109,342	+0.1%
Net Income	$54,852	$12,806	+3.3%

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

$579,595

Total Directors

$674,247

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM J HALLAN	PRESIDENT/CE	1.00	Officer Director	$0	$65,138	$579,595
DAN MARSHALL	VICE CHAIR	1.00	Director	$0	$1,218	$19,093
PETER SOBELTON	TREASURER	1.00	Director	$0	$1,374	$16,644
JOSEPH MCCURRY	MEMBER AT LA	1.00	Director	$0	$970	$11,200
WILLIAM GOLDEN	PAST CHAIR	1.00	Director	$0	$1,374	$10,929
ROBERT BRINES	MEMBER AT LA	1.00	Director	$0	$1,374	$9,944
BECKY BEAUCHINE KULKA	MEMBER AT LA	1.00	Director	$0	$970	$9,155
BRYAN NEIMAN	CHAIR	1.00	Director	$0	$1,218	$9,113
ORIN MAZZONI JR	MEMBER AT LA	1.00	Director	$0	$1,374	$8,574

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	$173,219	$118,367	$2,431,731	$54,852
2024	$122,148	$109,342	$2,280,415	$12,806
2023	$365,589	$99,713	$1,991,626	$265,876
2022	$104,231	$107,787	$1,879,635	$-3,556
2021	$123,287	$97,368	$2,174,539	$25,919
2020	$179,393	$90,237	$1,769,043	$89,156
2019	$107,202	$87,361	$1,738,796	$19,841
2018	$322,242	$80,047	$1,637,173	$242,195

MICHIGAN RETAILERS FOUNDATION